2612, Golden Mile 02
Sold prices and rental history: sold 4 times, last in October 2022, 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 2612, Golden Mile 02
What is 2612 worth today?
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Source: Dubai Land Department. Updated 31 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,421 sqft
- Floor
- 6th of 7
- Parking
- Building 2-B3-93
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 38,600 /yr
- Last sold
- AED 3.1M · October 2022
- Building
- Golden Mile 02
About 2612, Golden Mile 02
2612 is a three-bedroom apartment of 2,421 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 31 October 2022 for AED 3,100,000, or AED 1,280 per sqft, 17% above the AED 1,096 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 12 July 2018, is AED 180,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 38,600 a year.
Sales and rents for 2612 over time
2612 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 02, and where 2612 sits
All 17 3-beds →2612 last sold in October 2022 at AED 1,280 per sqft, 17% above what three-beds in Golden Mile 02 were fetching at the time (AED 1,096). Over the last 12 months three-beds sold for AED 4,140,003, around AED 2,072 per sqft, and rent for AED 246,000 to 410,000 a year. 2612's AED 180,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 1,997 sqft | 4,140,003 | 2,072 | ||
| 9 Oct 20249 October 2024 | 3,711 sqft | 4,400,000 | 1,185 | ||
| 18 Dec 202318 December 2023 | 3,718 sqft | 3,650,000 | 981 | ||
| 23 Nov 202323 November 2023 | 3,329 sqft | 5,050,000 | 1,517 |
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 6th floor
All 84 units in Golden Mile 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 1-bed | 1,304 sqft | AED 1.7MAED 1,700,000 · Oct 2022October 2022 | 75,000 /yr | |
| 2602 | 2-bed | 1,797 sqft | AED 1.4MAED 1,400,000 · Nov 2018November 2018 | 168,168 /yr | |
| 2603 | 2-bed | 1,800 sqft | AED 2.08MAED 2,075,000 · Mar 2023March 2023 | 165,000 /yr | |
| 2604 | 1-bed | 1,307 sqft | AED 1.14MAED 1,140,000 · May 2009May 2009 | 130,000 /yr | |
| 2605 | 2-bed | 1,808 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 173,250 /yr | |
| 2606 | 1-bed | 1,288 sqft | AED 1.18MAED 1,184,500 · Jul 2010July 2010 | 100,000 /yr | |
| 2607 | 2-bed | 1,887 sqft | AED 3.15MAED 3,150,000 · Feb 2025February 2025 | 133,130 /yr | |
| 2608 | 3-bed | 3,329 sqft | AED 3.95MAED 3,950,000 · Jun 2017June 2017 | 375,000 /yr | |
| 2609 | 2-bed | 1,788 sqft | AED 1.2MAED 1,200,000 · Jun 2011June 2011 | 170,000 /yr | |
| 2610 | 2-bed | 1,794 sqft | AED 1.65MAED 1,650,000 · Oct 2009October 2009 | 187,000 /yr | |
| 2611 | 2-bed | 1,794 sqft | AED 3.3MAED 3,300,000 · Feb 2024February 2024 | 115,585 /yr |
2612, Golden Mile 02 in numbers
- Sold 4 times: first on 13 June 2016 for AED 1,025,000, last on 31 October 2022 for AED 3,100,000 (AED 1,280 per sqft).
- Rented since July 2015 on 4 Ejari contracts, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 38,600 a year (AED 15.96 per sqft).
- Three-beds in Golden Mile 02 sold for AED 4,140,003–4,140,003 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 31 October 2022.
Questions about 2612, Golden Mile 02
What did unit 2612 last sell for?
AED 3,100,000 on 31 October 2022: AED 1,280 per sqft for 2,421 sqft. The unit has 4 registered sales; the first was AED 1,025,000 in June 2016.
What is the rent for unit 2612?
AED 180,000 a year on the contract renewed on 12 July 2018. The previous contract, from July 2017, was AED 180,000; the unit has been rented since July 2015.
How big is unit 2612?
2,421 sqft (224.9 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 2612 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 02 sold for AED 4,140,003 to 4,140,003 in the last 12 months, around AED 2,072 per sqft.
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Mortgage on 2612, Golden Mile 02
Starts from the last sale price (AED 3.1M, 31 October 2022). 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 →