2-bed · 1,794 sqftGolden Mile 02, Palm Jumeirah · 5th floor · completed 2009

2510, Golden Mile 02

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2510 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 3.1M23 February 2024
Current rentAED 110K /yr13 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2510, Golden Mile 02

What is 2510 worth today?

Last sold for AED 3,100,000 in 2024

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23 Feb 2024SoldReady
AED 3,100,000AED 1,727 per sqft
13 Sep 2023RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
13 Sep 2022RentedRenewal
AED 99,000/yr12 months · AED 55 per sqft
13 Sep 2020RentedNew contract
AED 90,000/yr12 months · AED 50 per sqft
1 Dec 2018RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
19 May 2017RentedRenewal
AED 140,390/yr12 months · AED 78 per sqft
17 May 2016RentedNew contract
AED 164,118/yr12 months · AED 91 per sqft
12 May 2013Sold by developerOff-plan
AED 1,600,000AED 891 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
5th of 7
Parking
Building 2-B3-52
Developer
Souq Residences
Completed
2009
Service charge
AED 28,600 /yr
Last sold
AED 3.1M · February 2024

About 2510, Golden Mile 02

2510 is a two-bedroom apartment of 1,794 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 23 February 2024 for AED 3,100,000, or AED 1,727 per sqft, 12% above the AED 1,548 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 13 September 2023, is AED 110,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2510 over time

Sales
Unit 2510, 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 by developer, May 2013: AED 1,600,000 (AED 891 per sqft)Sold, February 2024: AED 3,100,000 (AED 1,727 per sqft)

2510 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2510, each contractTypical two-bed in Golden Mile 02
100K150K200K2014201820222026Typical 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, May 2016: AED 164,118 a yearRenewal, May 2017: AED 140,390 a yearNew contract, December 2018: AED 120,000 a yearNew contract, September 2020: AED 90,000 a yearRenewal, September 2022: AED 99,000 a yearNew contract, September 2023: AED 110,000 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 2510 sits

All 42 2-beds →

2510 last sold in February 2024 at AED 1,727 per sqft, 12% above what two-beds in Golden Mile 02 were fetching at the time (AED 1,548). 2510's AED 110,000 is at the bottom 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
25022-bedAED 2.3M · Jan 2016
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
1–7 of 11

2510, Golden Mile 02 in numbers

  • Sold twice: first on 12 May 2013 for AED 1,600,000, last on 23 February 2024 for AED 3,100,000 (AED 1,727 per sqft).
  • Rented since May 2016 on 6 Ejari contracts. The rent fell from AED 164,118 to AED 90,000 in 2020 and recovered to AED 110,000 by September 2023.
  • At AED 110,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 28,600 a year (AED 15.96 per sqft).

Source: Dubai Land Department. Updated 23 February 2024.

Questions about 2510, Golden Mile 02

What did unit 2510 last sell for?

AED 3,100,000 on 23 February 2024: AED 1,727 per sqft for 1,794 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in May 2013.

What is the rent for unit 2510?

AED 110,000 a year on the contract signed on 13 September 2023. The previous contract, from September 2022, was AED 99,000; the unit has been rented since May 2016.

How big is unit 2510?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 2510 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 2510, Golden Mile 02

Starts from the last sale price (AED 3.1M, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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