2-bed · 1,800 sqftGolden Mile 02, Palm Jumeirah · 6th floor · completed 2009

2603, Golden Mile 02

Sold prices and rental history: sold 5 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 2.08M29 March 2023
Current rentAED 165K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Golden Mile 02

What is 2603 worth today?

Last sold for AED 2,075,000 in 2023

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1 Nov 2026RentedNew contract
AED 165,000/yr12 months · AED 92 per sqft
15 Oct 2023RentedRenewal
AED 168,000/yr6 months · AED 93 per sqft
29 Mar 2023SoldReady
AED 2,075,000AED 1,153 per sqft
15 Oct 2022RentedNew contract
AED 145,000/yr12 months · AED 81 per sqft
17 Mar 2022RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
17 Mar 2021RentedNew contract
AED 88,000/yr12 months · AED 49 per sqft
1 Jul 2020RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
1 Jul 2019RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
6th of 7
Parking
Building 2-B3-83
Developer
Souq Residences
Completed
2009
Service charge
AED 28,700 /yr
Last sold
AED 2.08M · March 2023

About 2603, Golden Mile 02

2603 is a two-bedroom apartment of 1,800 sqft on the 6th floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 29 March 2023 for AED 2,075,000, or AED 1,153 per sqft, in line with the AED 1,153 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 1 November 2026, is AED 165,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 28,700 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical two-bed in Golden Mile 02
2M3M2007201220172022Typical 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, April 2007: AED 1,450,000 (AED 805 per sqft)Sold, November 2009: AED 1,450,000 (AED 805 per sqft)Sold, July 2012: AED 1,700,000 (AED 944 per sqft)Sold, May 2013: AED 1,900,000 (AED 1,055 per sqft)Sold, March 2023: AED 2,075,000 (AED 1,153 per sqft)

2603 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2603, 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, July 2014: AED 125,000 a yearNew contract, July 2015: AED 143,750 a yearRenewal, July 2016: AED 158,000 a yearRenewal, July 2017: AED 144,000 a yearRenewal, July 2018: AED 132,000 a yearRenewal, July 2019: AED 105,000 a yearRenewal, July 2020: AED 95,000 a yearNew contract, March 2021: AED 88,000 a yearRenewal, March 2022: AED 90,000 a yearNew contract, October 2022: AED 145,000 a yearRenewal, October 2023: AED 168,000 a yearNew contract, November 2026: AED 165,000 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 2603 sits

All 42 2-beds →

2603 last sold in March 2023 at AED 1,153 per sqft, in line with what two-beds in Golden Mile 02 were fetching at the time (AED 1,153). 2603's AED 165,000 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 6th floor

All 84 units in Golden Mile 02
Value
26011-bedAED 1.7M · Oct 2022
26022-bedAED 1.4M · Nov 2018
26041-bedAED 1.14M · May 2009
26052-bedAED 1.45M · May 2009
26061-bedAED 1.18M · Jul 2010
26072-bedAED 3.15M · Feb 2025
26083-bedAED 3.95M · Jun 2017
1–7 of 11

2603, Golden Mile 02 in numbers

  • Sold 5 times: first on 7 April 2007 for AED 1,450,000, last on 29 March 2023 for AED 2,075,000 (AED 1,153 per sqft).
  • Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 88,000 in 2021 and recovered to AED 165,000 by November 2026.
  • At AED 165,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 28,700 a year (AED 15.96 per sqft).

Source: Dubai Land Department. Updated 1 November 2026.

Questions about 2603, Golden Mile 02

What did unit 2603 last sell for?

AED 2,075,000 on 29 March 2023: AED 1,153 per sqft for 1,800 sqft. The unit has 5 registered sales; the first was AED 1,450,000 in April 2007.

What is the rent for unit 2603?

AED 165,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2023, was AED 168,000; the unit has been rented since July 2014.

How big is unit 2603?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 2603 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 2603, Golden Mile 02

Starts from the last sale price (AED 2.08M, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

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