2406, Golden Mile 02
Sold prices and rental history: sold 5 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2406, Golden Mile 02
What is 2406 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 4th of 7
- Parking
- Building 2-B3-70
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,600 /yr
- Last sold
- AED 2.23M · February 2025
- Building
- Golden Mile 02
About 2406, Golden Mile 02
2406 is a one-bedroom apartment of 1,288 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 February 2025 for AED 2,225,000, or AED 1,727 per sqft.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 1 May 2025, is AED 135,000 a year: a gross yield of 6.1% on the 2025 price, before the service charge of about AED 20,600 a year.
Sales and rents for 2406 over time
2406 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golden Mile 02, and where 2406 sits
All 18 1-beds →Over the last 12 months one-beds sold for AED 2,450,000 to 2,730,000, around AED 1,986 per sqft, and rent for AED 100,000 to 155,000 a year. 2406's AED 135,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 1,304 sqft | 2,450,000 | 1,879 | ||
| 13 Nov 202513 November 2025 | 1,304 sqft | 2,730,000 | 2,093 | ||
| 7 Oct 20257 October 2025 | 1,307 sqft | 2,650,000 | 2,028 | ||
| 7 Jun 20247 June 2024 | 1,288 sqft | 1,950,000 | 1,513 |
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 | |
| 2402 | 2-bed | 1,799 sqft | AED 2.8MAED 2,800,000 · Oct 2023October 2023 | 120,000 /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 | |
| 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 |
2406, Golden Mile 02 in numbers
- Sold 5 times: first on 20 May 2009 for AED 1,070,000, last on 18 February 2025 for AED 2,225,000 (AED 1,727 per sqft).
- Rented since November 2013 on 14 Ejari contracts. The rent fell from AED 108,000 to AED 60,000 in 2021 and recovered to AED 135,000 by May 2025.
- At AED 135,000 a year the gross yield on the 2025 price is 6.1%, before a service charge of about AED 20,600 a year (AED 15.96 per sqft).
- One-beds in Golden Mile 02 sold for AED 2,450,000–2,730,000 in the 12 months to November 2026; the building's median across all types is AED 2,093 per sqft.
Source: Dubai Land Department. Updated 1 May 2025.
Questions about 2406, Golden Mile 02
What did unit 2406 last sell for?
AED 2,225,000 on 18 February 2025: AED 1,727 per sqft for 1,288 sqft. The unit has 5 registered sales; the first was AED 1,070,000 in May 2009.
What is the rent for unit 2406?
AED 135,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 135,000; the unit has been rented since November 2013.
How big is unit 2406?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 2406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 02 sold for AED 2,450,000 to 2,730,000 in the last 12 months, around AED 1,986 per sqft.
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Mortgage on 2406, Golden Mile 02
Starts from the last sale price (AED 2.23M, 18 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,225,000
- Deposit, UAE resident (20%)
- AED 445,000
- Deposit, non-resident (40%)
- AED 890,000
- Monthly over 25 years at 3.7%
- AED 9,103
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →