2402, Golden Mile 02
Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, Golden Mile 02
What is 2402 worth today?
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Source: Dubai Land Department. Updated 13 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,799 sqft
- Floor
- 4th of 7
- Parking
- Building 2-B3-126
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,700 /yr
- Last sold
- AED 2.8M · October 2023
- Building
- Golden Mile 02
About 2402, Golden Mile 02
2402 is a two-bedroom apartment of 1,799 sqft on the 4th floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 18 October 2023 for AED 2,800,000, or AED 1,556 per sqft, 13% above the AED 1,371 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 13 February 2024, is AED 120,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 28,700 a year.
Sales and rents for 2402 over time
2402 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Golden Mile 02, and where 2402 sits
All 42 2-beds →2402 last sold in October 2023 at AED 1,556 per sqft, 13% above what two-beds in Golden Mile 02 were fetching at the time (AED 1,371). 2402's AED 120,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202516 October 2025 | 1,788 sqft | 4,075,000 | 2,279 | ||
| 20 Mar 202520 March 2025 | 2,002 sqft | 3,700,000 | 1,847 | ||
| 10 Feb 202510 February 2025 | 1,887 sqft | 3,150,000 | 1,669 | ||
| 30 Jan 202530 January 2025 | 1,788 sqft | 3,500,000 | 1,957 |
Golden Mile 02
Building84 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,093
- Typical sale
- AED 4.14M
- Typical rent
- AED 200K /yr
- Typical yield
- 4.7%
Other units on the 4th floor
All 84 units in Golden Mile 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 1-bed | 1,304 sqft | AED 2.45MAED 2,450,000 · May 2026May 2026 | 135,000 /yr | |
| 2403 | 2-bed | 1,800 sqft | AED 2.53MAED 2,525,000 · Jun 2023June 2023 | 120,000 /yr | |
| 2404 | 1-bed | 1,307 sqft | AED 2.65MAED 2,650,000 · Oct 2025October 2025 | 144,000 /yr | |
| 2405 | 2-bed | 1,808 sqft | AED 1.35MAED 1,350,000 · Dec 2020December 2020 | 80,000 /yr | |
| 2406 | 1-bed | 1,288 sqft | AED 2.23MAED 2,225,000 · Feb 2025February 2025 | 135,000 /yr | |
| 2407 | 2-bed | 944 sqft | AED 1.5MAED 1,500,000 · Jan 2024January 2024 | 260,000 /yr | |
| 2408 | 3-bed | 3,329 sqft | AED 2.35MAED 2,350,000 · May 2009May 2009 | 310,000 /yr | |
| 2409 | 2-bed | 1,788 sqft | AED 3.5MAED 3,500,000 · Jan 2025January 2025 | ||
| 2410 | 2-bed | 1,794 sqft | AED 3MAED 3,000,000 · Dec 2023December 2023 | 127,500 /yr | |
| 2411 | 2-bed | 1,794 sqft | AED 1.55MAED 1,550,000 · Sep 2014September 2014 | 146,107 /yr | |
| 2412 | 3-bed | 2,422 sqft | AED 1.95MAED 1,950,000 · May 2009May 2009 | 300,000 /yr |
2402, Golden Mile 02 in numbers
- Sold 3 times: first on 20 May 2009 for AED 1,350,000, last on 18 October 2023 for AED 2,800,000 (AED 1,556 per sqft).
- Rented since April 2016 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 82,000 in 2021 and recovered to AED 120,000 by February 2024.
- At AED 120,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 28,700 a year (AED 15.96 per sqft).
Source: Dubai Land Department. Updated 13 February 2024.
Questions about 2402, Golden Mile 02
What did unit 2402 last sell for?
AED 2,800,000 on 18 October 2023: AED 1,556 per sqft for 1,799 sqft. The unit has 3 registered sales; the first was AED 1,350,000 in May 2009.
What is the rent for unit 2402?
AED 120,000 a year on the contract signed on 13 February 2024. The previous contract, from August 2022, was AED 105,000; the unit has been rented since April 2016.
How big is unit 2402?
1,799 sqft (167.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 2402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 2402, Golden Mile 02
Starts from the last sale price (AED 2.8M, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →