2-bed · 1,799 sqftGolden Mile 02, Palm Jumeirah · 5th floor · completed 2009

2502, Golden Mile 02

Sold prices and rental history: sold 4 times, last in January 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2502 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.3M27 January 2016
Current rentAED 166K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2502, Golden Mile 02

What is 2502 worth today?

Last sold for AED 2,300,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Nov 2024RentedNew contract
AED 166,154/yr13 months · AED 92 per sqft
15 Nov 2024RentedNew contract
AED 166,154/yr13 months · AED 92 per sqft
1 Dec 2023RentedNew contract
AED 190,000/yr12 months · AED 106 per sqft
25 Feb 2023RentedRenewal
AED 113,000/yr12 months · AED 63 per sqft
25 Feb 2022RentedRenewal
AED 97,750/yr12 months · AED 54 per sqft
25 Feb 2021RentedRenewal
AED 85,000/yr12 months · AED 47 per sqft
25 Feb 2020RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
25 Feb 2019RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Floor
5th of 7
Parking
Building 2-B3-125
Developer
Souq Residences
Completed
2009
Service charge
AED 28,700 /yr
Last sold
AED 2.3M · January 2016

About 2502, Golden Mile 02

2502 is a two-bedroom apartment of 1,799 sqft on the 5th floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 27 January 2016 for AED 2,300,000, or AED 1,278 per sqft, in line with the AED 1,278 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 15 November 2024, is AED 166,154 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 28,700 a year.

Sales and rents for 2502 over time

Sales
Unit 2502, each saleTypical two-bed in Golden Mile 02
2M3M2009201420192024Typical sale price by year: 2009 AED 1,450,000; 2010 AED 1,450,000; 2011 AED 1,425,000; 2012 AED 1,418,000; 2013 AED 1,900,000; 2014 AED 2,600,000; 2016 AED 2,300,000; 2018 AED 1,600,000; 2021 AED 1,475,000; 2023 AED 2,647,500; 2024 AED 3,100,000; 2025 AED 3,500,000Sold, March 2011: AED 1,500,000 (AED 833 per sqft)Sold by developer, March 2011: AED 1,400,000 (AED 778 per sqft)Sold, December 2015: AED 2,000,000 (AED 1,111 per sqft)Sold, January 2016: AED 2,300,000 (AED 1,278 per sqft)

2502 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2502, each contractTypical two-bed in Golden Mile 02
100K200K2014201820222026Typical rent by year: 2014 AED 146,606; 2015 AED 144,000; 2016 AED 153,750; 2017 AED 150,000; 2018 AED 131,000; 2019 AED 119,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 110,775; 2023 AED 132,987; 2024 AED 172,266; 2025 AED 200,000; 2026 AED 200,000New contract, January 2015: AED 150,000 a yearNew contract, February 2017: AED 155,000 a yearRenewal, February 2019: AED 120,000 a yearRenewal, February 2020: AED 105,000 a yearRenewal, February 2021: AED 85,000 a yearRenewal, February 2022: AED 97,750 a yearRenewal, February 2023: AED 113,000 a yearNew contract, December 2023: AED 190,000 a yearNew contract, November 2024: AED 166,154 a yearNew contract, November 2024: AED 166,154 a year

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 2502 sits

All 42 2-beds →

2502 last sold in January 2016 at AED 1,278 per sqft, in line with what two-beds in Golden Mile 02 were fetching at the time (AED 1,278). 2502's AED 166,154 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20254,075,000
20 Mar 20253,700,000
10 Feb 20253,150,000
30 Jan 20253,500,000
0 2-bed sales 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 5th floor

All 84 units in Golden Mile 02
Value
25011-bedAED 2.73M · Nov 2025
25032-bedAED 2.77M · Oct 2023
25041-bedAED 2.1M · Jun 2023
25052-bedAED 1.6M · Jan 2018
25061-bedAED 1.12M · May 2009
25072-bedAED 3.08M · Oct 2024
25083-bedAED 4.14M · Dec 2025
1–7 of 11

2502, Golden Mile 02 in numbers

  • Sold 4 times: first on 14 March 2011 for AED 1,400,000, last on 27 January 2016 for AED 2,300,000 (AED 1,278 per sqft).
  • Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2021 and recovered to AED 166,154 by November 2024.
  • At AED 166,154 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 28,700 a year (AED 15.96 per sqft).

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 2502, Golden Mile 02

What did unit 2502 last sell for?

AED 2,300,000 on 27 January 2016: AED 1,278 per sqft for 1,799 sqft. The unit has 4 registered sales; the first was AED 1,400,000 in March 2011.

What is the rent for unit 2502?

AED 166,154 a year on the contract signed on 15 November 2024. The previous contract, from November 2024, was AED 166,154; the unit has been rented since January 2015.

How big is unit 2502?

1,799 sqft (167.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 2502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 2502? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2502, Golden Mile 02

Starts from the last sale price (AED 2.3M, 27 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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