2408, Golden Mile 02
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2408, Golden Mile 02
What is 2408 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,329 sqft
- Floor
- 4th of 7
- Parking
- Building 2-B3-108
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 53,100 /yr
- Last sold
- AED 2.35M · May 2009
- Building
- Golden Mile 02
About 2408, Golden Mile 02
2408 is a three-bedroom apartment of 3,329 sqft on the 4th floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 20 May 2009 for AED 2,350,000, or AED 705 per sqft, 4% below the AED 736 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 310,000 a year: a gross yield of 13.2% on the 2009 price, before the service charge of about AED 53,100 a year.
Sales and rents for 2408 over time
2408 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 02, and where 2408 sits
All 17 3-beds →2408 last sold in May 2009 at AED 705 per sqft, 4% below what three-beds in Golden Mile 02 were fetching at the time (AED 736). Over the last 12 months three-beds sold for AED 4,140,003, around AED 2,072 per sqft, and rent for AED 246,000 to 410,000 a year. 2408's AED 310,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 1,997 sqft | 4,140,003 | 2,072 | ||
| 9 Oct 20249 October 2024 | 3,711 sqft | 4,400,000 | 1,185 | ||
| 18 Dec 202318 December 2023 | 3,718 sqft | 3,650,000 | 981 | ||
| 23 Nov 202323 November 2023 | 3,329 sqft | 5,050,000 | 1,517 |
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 | |
| 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 | |
| 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 |
2408, Golden Mile 02 in numbers
- Sold once: by Souq Residences on 20 May 2009 for AED 2,350,000, or AED 705 per sqft.
- Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 205,000 to AED 170,000 in 2021 and recovered to AED 310,000 by October 2026.
- At AED 310,000 a year the gross yield on the 2009 price is 13.2%, before a service charge of about AED 53,100 a year (AED 15.96 per sqft).
- Three-beds in Golden Mile 02 sold for AED 4,140,003–4,140,003 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 October 2026.
Questions about 2408, Golden Mile 02
What did unit 2408 last sell for?
AED 2,350,000 on 20 May 2009, sold by the developer: AED 705 per sqft for 3,329 sqft. It is the only registered sale of the unit.
What is the rent for unit 2408?
AED 310,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 310,000; the unit has been rented since September 2015.
How big is unit 2408?
3,329 sqft (309.3 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 2408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 02 sold for AED 4,140,003 to 4,140,003 in the last 12 months, around AED 2,072 per sqft.
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Mortgage on 2408, Golden Mile 02
Starts from the last sale price (AED 2.35M, 20 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →