2-bed · 1,794 sqftGolden Mile 02, Palm Jumeirah · 6th floor · completed 2009

2611, Golden Mile 02

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2611 · DLD and Ejari recordsUpdated 13 February 2024
Last soldAED 3.3M13 February 2024
Current rentAED 116K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2611, Golden Mile 02

What is 2611 worth today?

Last sold for AED 3,300,000 in 2024

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13 Feb 2024SoldReady
AED 3,300,000AED 1,839 per sqft
20 Jun 2023RentedRenewal
AED 115,585/yr7 months · AED 64 per sqft
20 Jun 2022RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
20 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
15 Nov 2020RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
15 Nov 2019RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft
15 Nov 2018RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft
15 Nov 2017RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 13 February 2024.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
6th of 7
Parking
Building 2-B3-98
Developer
Souq Residences
Completed
2009
Service charge
AED 28,600 /yr
Last sold
AED 3.3M · February 2024

About 2611, Golden Mile 02

2611 is a two-bedroom apartment of 1,794 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 13 February 2024 for AED 3,300,000, or AED 1,839 per sqft, 19% above the AED 1,539 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 June 2023, is AED 115,585 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 2611 over time

Sales
Unit 2611, 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 2009: AED 1,567,500 (AED 873 per sqft)Sold, February 2024: AED 3,300,000 (AED 1,839 per sqft)

2611 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2611, each contractTypical two-bed in Golden Mile 02
100K150K200K2013201720212025Typical 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, November 2013: AED 132,000 a yearNew contract, November 2014: AED 158,426 a yearNew contract, November 2016: AED 180,000 a yearRenewal, November 2017: AED 150,000 a yearNew contract, November 2018: AED 130,000 a yearRenewal, November 2019: AED 120,000 a yearRenewal, November 2020: AED 105,000 a yearNew contract, June 2021: AED 110,000 a yearRenewal, June 2022: AED 115,000 a yearRenewal, June 2023: AED 115,585 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 2611 sits

All 42 2-beds →

2611 last sold in February 2024 at AED 1,839 per sqft, 19% above what two-beds in Golden Mile 02 were fetching at the time (AED 1,539). 2611's AED 115,585 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 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
26041-bedAED 1.14M · May 2009
26052-bedAED 1.45M · May 2009
26061-bedAED 1.18M · Jul 2010
26072-bedAED 3.15M · Feb 2025
1–7 of 11

2611, Golden Mile 02 in numbers

  • Sold twice: first on 20 May 2009 for AED 1,567,500, last on 13 February 2024 for AED 3,300,000 (AED 1,839 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 132,000 to AED 105,000 in 2020 and recovered to AED 115,585 by June 2023.
  • At AED 115,585 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 13 February 2024.

Questions about 2611, Golden Mile 02

What did unit 2611 last sell for?

AED 3,300,000 on 13 February 2024: AED 1,839 per sqft for 1,794 sqft. The unit has 2 registered sales; the first was AED 1,567,500 in May 2009.

What is the rent for unit 2611?

AED 115,585 a year on the contract renewed on 20 June 2023. The previous contract, from June 2022, was AED 115,000; the unit has been rented since November 2013.

How big is unit 2611?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 2611 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 2611, Golden Mile 02

Starts from the last sale price (AED 3.3M, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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