3-bed · 2,422 sqftGolden Mile 02, Palm Jumeirah · 4th floor · completed 2009

2412, Golden Mile 02

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2412 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 1.95M19 May 2009
Current rentAED 300K /yr7 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2412, Golden Mile 02

What is 2412 worth today?

Last sold for AED 1,950,000 in 2009

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7 Aug 2026RentedRenewal
AED 300,000/yr12 months · AED 124 per sqft
7 Aug 2025RentedNew contract
AED 300,000/yr12 months · AED 124 per sqft
10 Apr 2024RentedRenewal
AED 198,000/yr12 months · AED 82 per sqft
10 Apr 2023RentedRenewal
AED 165,000/yr12 months · AED 68 per sqft
10 Apr 2022RentedRenewal
AED 165,000/yr12 months · AED 68 per sqft
10 Apr 2021RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
10 Apr 2020RentedRenewal
AED 155,000/yr12 months · AED 64 per sqft
10 Apr 2019RentedRenewal
AED 189,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
3-bed apartment
Size
2,422 sqft
Floor
4th of 7
Parking
Building 2-B3-94
Developer
Souq Residences
Completed
2009
Service charge
AED 38,600 /yr
Last sold
AED 1.95M · May 2009

About 2412, Golden Mile 02

2412 is a three-bedroom apartment of 2,422 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 19 May 2009 for AED 1,950,000, or AED 805 per sqft, 9% above the AED 736 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 7 August 2026, is AED 300,000 a year: a gross yield of 15.4% on the 2009 price, before the service charge of about AED 38,600 a year.

Sales and rents for 2412 over time

Sales
Unit 2412, each saleTypical three-bed in Golden Mile 02
2M4M2009201320172021Typical sale price by year: 2009 AED 2,350,000; 2016 AED 1,025,000; 2022 AED 3,100,000; 2023 AED 3,987,500Sold by developer, May 2009: AED 1,950,000 (AED 805 per sqft)

2412 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2412, each contractTypical three-bed in Golden Mile 02
200K300K2014201820222026Typical rent by year: 2014 AED 200,000; 2015 AED 205,000; 2016 AED 202,500; 2017 AED 192,000; 2018 AED 189,520; 2019 AED 177,500; 2020 AED 152,500; 2021 AED 165,000; 2022 AED 173,250; 2023 AED 175,700; 2024 AED 250,000; 2025 AED 300,000; 2026 AED 300,000New contract, April 2014: AED 184,000 a yearNew contract, April 2016: AED 189,520 a yearRenewal, April 2017: AED 189,520 a yearRenewal, April 2018: AED 189,520 a yearRenewal, April 2019: AED 189,000 a yearRenewal, April 2020: AED 155,000 a yearRenewal, April 2021: AED 150,000 a yearRenewal, April 2022: AED 165,000 a yearRenewal, April 2023: AED 165,000 a yearRenewal, April 2024: AED 198,000 a yearNew contract, August 2025: AED 300,000 a yearRenewal, August 2026: AED 300,000 a year

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 2412 sits

All 17 3-beds →

2412 last sold in May 2009 at AED 805 per sqft, 9% above 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. 2412's AED 300,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Dec 20254,140,003
9 Oct 20244,400,000
18 Dec 20233,650,000
23 Nov 20235,050,000
1 3-bed sale in the last 12 months

Golden Mile 02

Building

84 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%
Golden Mile 02, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 84 units in Golden Mile 02
Value
24011-bedAED 2.45M · May 2026
24022-bedAED 2.8M · Oct 2023
24032-bedAED 2.53M · Jun 2023
24041-bedAED 2.65M · Oct 2025
24052-bedAED 1.35M · Dec 2020
24061-bedAED 2.23M · Feb 2025
24072-bedAED 1.5M · Jan 2024
1–7 of 11

2412, Golden Mile 02 in numbers

  • Sold once: by Souq Residences on 19 May 2009 for AED 1,950,000, or AED 805 per sqft.
  • Rented since April 2014 on 12 Ejari contracts. The rent fell from AED 184,000 to AED 150,000 in 2021 and recovered to AED 300,000 by August 2026.
  • At AED 300,000 a year the gross yield on the 2009 price is 15.4%, before a service charge of about AED 38,600 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 7 August 2026.

Questions about 2412, Golden Mile 02

What did unit 2412 last sell for?

AED 1,950,000 on 19 May 2009, sold by the developer: AED 805 per sqft for 2,422 sqft. It is the only registered sale of the unit.

What is the rent for unit 2412?

AED 300,000 a year on the contract renewed on 7 August 2026. The previous contract, from August 2025, was AED 300,000; the unit has been rented since April 2014.

How big is unit 2412?

2,422 sqft (225.0 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 2412 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 2412, Golden Mile 02

Starts from the last sale price (AED 1.95M, 19 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →