1-bed · 1,307 sqftGolden Mile 02, Palm Jumeirah · 6th floor · completed 2009

2604, 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 2604 · DLD and Ejari recordsUpdated 29 October 2025
Last soldAED 1.14M20 May 2009
Current rentAED 130K /yr29 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2604, Golden Mile 02

What is 2604 worth today?

Last sold for AED 1,140,000 in 2009

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29 Oct 2025RentedNew contract
AED 130,000/yr12 months · AED 99 per sqft
29 Oct 2023RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
1 Jan 2023RentedRenewal
AED 69,861/yr9 months · AED 54 per sqft
1 Jan 2022RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
23 Dec 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
1 Mar 2020RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedRenewal
AED 104,500/yr12 months · AED 80 per sqft
1 Dec 2017RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 29 October 2025.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
6th of 7
Parking
Building 2-B3-56
Developer
Souq Residences
Completed
2009
Service charge
AED 20,900 /yr
Last sold
AED 1.14M · May 2009

About 2604, Golden Mile 02

2604 is a one-bedroom apartment of 1,307 sqft on the 6th floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 20 May 2009 for AED 1,140,000, or AED 872 per sqft, 10% above the AED 795 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 29 October 2025, is AED 130,000 a year: a gross yield of 11.4% on the 2009 price, before the service charge of about AED 20,900 a year.

Sales and rents for 2604 over time

Sales
Unit 2604, each saleTypical one-bed in Golden Mile 02
1M2M2009201420192024Typical sale price by year: 2009 AED 1,000,000; 2011 AED 980,000; 2013 AED 1,280,000; 2015 AED 1,600,000; 2022 AED 1,520,000; 2023 AED 1,875,000; 2025 AED 2,650,000Sold by developer, May 2009: AED 1,140,000 (AED 872 per sqft)

2604 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2604, each contractTypical one-bed in Golden Mile 02
100K2014201820222026Typical rent by year: 2014 AED 113,500; 2016 AED 115,900; 2017 AED 110,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 104,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 120,375New contract, November 2014: AED 115,000 a yearNew contract, December 2017: AED 110,000 a yearRenewal, December 2018: AED 104,500 a yearNew contract, March 2020: AED 75,000 a yearNew contract, December 2020: AED 65,000 a yearRenewal, January 2022: AED 70,000 a yearRenewal, January 2023: AED 69,861 a yearNew contract, October 2023: AED 130,000 a yearNew contract, October 2025: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golden Mile 02, and where 2604 sits

All 18 1-beds →

2604 last sold in May 2009 at AED 872 per sqft, 10% above what one-beds in Golden Mile 02 were fetching at the time (AED 795). Over the last 12 months one-beds sold for AED 2,450,000 to 2,730,000, around AED 1,986 per sqft, and rent for AED 100,000 to 155,000 a year. 2604's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 May 20262,450,000
13 Nov 20252,730,000
7 Oct 20252,650,000
18 Feb 20252,225,000
2 1-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
26032-bedAED 2.08M · Mar 2023
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

2604, Golden Mile 02 in numbers

  • Sold once: by Souq Residences on 20 May 2009 for AED 1,140,000, or AED 872 per sqft.
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2020 and recovered to AED 130,000 by October 2025.
  • At AED 130,000 a year the gross yield on the 2009 price is 11.4%, before a service charge of about AED 20,900 a year (AED 15.96 per sqft).
  • One-beds in Golden Mile 02 sold for AED 2,450,000–2,730,000 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 29 October 2025.

Questions about 2604, Golden Mile 02

What did unit 2604 last sell for?

AED 1,140,000 on 20 May 2009, sold by the developer: AED 872 per sqft for 1,307 sqft. It is the only registered sale of the unit.

What is the rent for unit 2604?

AED 130,000 a year on the contract signed on 29 October 2025. The previous contract, from October 2023, was AED 130,000; the unit has been rented since November 2014.

How big is unit 2604?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 2604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 02 sold for AED 2,450,000 to 2,730,000 in the last 12 months, around AED 1,986 per sqft.

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Mortgage on 2604, Golden Mile 02

Starts from the last sale price (AED 1.14M, 20 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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