2511, 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 2511, Golden Mile 02
What is 2511 worth today?
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Source: Dubai Land Department. Updated 23 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,797 sqft
- Floor
- 5th of 7
- Parking
- Building 2-B3-119
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,700 /yr
- Last sold
- AED 1.6M · May 2009
- Building
- Golden Mile 02
About 2511, Golden Mile 02
2511 is a two-bedroom apartment of 1,797 sqft on the 5th 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 1,600,000, or AED 890 per sqft, 30% above the AED 686 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 15 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 200,000 a year: a gross yield of 12.5% on the 2009 price, before the service charge of about AED 28,700 a year.
Sales and rents for 2511 over time
2511 has sold once; the dashed line is the two-bed median of each year in the building.
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 2511 sits
All 42 2-beds →2511 last sold in May 2009 at AED 890 per sqft, 30% above what two-beds in Golden Mile 02 were fetching at the time (AED 686). 2511's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202516 October 2025 | 1,788 sqft | 4,075,000 | 2,279 | ||
| 20 Mar 202520 March 2025 | 2,002 sqft | 3,700,000 | 1,847 | ||
| 10 Feb 202510 February 2025 | 1,887 sqft | 3,150,000 | 1,669 | ||
| 30 Jan 202530 January 2025 | 1,788 sqft | 3,500,000 | 1,957 |
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 5th floor
All 84 units in Golden Mile 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 1-bed | 1,304 sqft | AED 2.73MAED 2,730,000 · Nov 2025November 2025 | 115,000 /yr | |
| 2502 | 2-bed | 1,799 sqft | AED 2.3MAED 2,300,000 · Jan 2016January 2016 | 166,154 /yr | |
| 2503 | 2-bed | 1,800 sqft | AED 2.77MAED 2,770,000 · Oct 2023October 2023 | 115,500 /yr | |
| 2504 | 1-bed | 1,307 sqft | AED 2.1MAED 2,100,000 · Jun 2023June 2023 | 70,000 /yr | |
| 2505 | 2-bed | 1,808 sqft | AED 1.6MAED 1,600,000 · Jan 2018January 2018 | 190,000 /yr | |
| 2506 | 1-bed | 1,288 sqft | AED 1.12MAED 1,120,000 · May 2009May 2009 | 110,000 /yr | |
| 2507 | 2-bed | 1,887 sqft | AED 3.08MAED 3,075,000 · Oct 2024October 2024 | 190,000 /yr | |
| 2508 | 3-bed | 1,997 sqft | AED 4.14MAED 4,140,003 · Dec 2025December 2025 | 180,000 /yr | |
| 2509 | 2-bed | 1,788 sqft | AED 4.08MAED 4,075,000 · Oct 2025October 2025 | 145,000 /yr | |
| 2510 | 2-bed | 1,794 sqft | AED 3.1MAED 3,100,000 · Feb 2024February 2024 | 110,000 /yr | |
| 2512 | 3-bed | 2,421 sqft | AED 2MAED 2,000,000 · May 2009May 2009 |
2511, Golden Mile 02 in numbers
- Sold once: by Souq Residences on 19 May 2009 for AED 1,600,000, or AED 890 per sqft.
- Rented since February 2015 on 15 Ejari contracts. The rent fell from AED 144,000 to AED 96,000 in 2021 and recovered to AED 200,000 by January 2026.
- At AED 200,000 a year the gross yield on the 2009 price is 12.5%, before a service charge of about AED 28,700 a year (AED 15.96 per sqft).
Source: Dubai Land Department. Updated 23 January 2026.
Questions about 2511, Golden Mile 02
What did unit 2511 last sell for?
AED 1,600,000 on 19 May 2009, sold by the developer: AED 890 per sqft for 1,797 sqft. It is the only registered sale of the unit.
What is the rent for unit 2511?
AED 200,000 a year on the contract renewed on 23 January 2026. The previous contract, from January 2025, was AED 200,000; the unit has been rented since February 2015.
How big is unit 2511?
1,797 sqft (166.9 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 2511 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 2511, Golden Mile 02
Starts from the last sale price (AED 1.6M, 19 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →