2701, Golden Mile 02
Sold prices and rental history: sold 4 times, last in October 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2701, Golden Mile 02
What is 2701 worth today?
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Source: Dubai Land Department. Updated 12 October 2022.
Key facts
- Type
- Penthouse apartment
- Size
- 4,882 sqft
- Floor
- 7th of 7
- Parking
- Building 2-B3-91,92
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 77,900 /yr
- Last sold
- AED 4.5M · October 2022
- Building
- Golden Mile 02
About 2701, Golden Mile 02
2701 is a penthouse of 4,882 sqft on the 7th floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 12 October 2022 for AED 4,500,000, or AED 921 per sqft.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 October 2015, is AED 260,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 77,900 a year.
Sales and rents for 2701 over time
2701 has sold 4 times; the dashed line is the penthouse median of each year in the building.
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Golden Mile 02, and where 2701 sits
All 7 penthouses →Over the last 12 months penthouses sold for AED 8,925,000 to 10,400,000, around AED 2,302 per sqft, and rent for AED 400,000 to 400,000 a year.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202619 May 2026 | 3,946 sqft | 8,925,000 | 2,262 | ||
| 21 Jan 202621 January 2026 | 4,442 sqft | 10,400,000 | 2,341 | ||
| 25 Mar 202525 March 2025 | 4,677 sqft | 6,350,000 | 1,357 | ||
| 10 Aug 202310 August 2023 | 5,111 sqft | 5,700,000 | 1,115 |
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 7th floor
All 84 units in Golden Mile 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2702 | Penthouse | 4,369 sqft | AED 3.05MAED 3,050,000 · Oct 2009October 2009 | 400,000 /yr | |
| 2703 | Penthouse | 4,677 sqft | AED 6.35MAED 6,350,000 · Mar 2025March 2025 | 262,500 /yr | |
| 2704 | Penthouse | 10,222 sqft | AED 5.75MAED 5,750,000 · Dec 2020December 2020 | ||
| 2705 | Penthouse | 3,946 sqft | AED 8.93MAED 8,925,000 · May 2026May 2026 | 340,000 /yr | |
| 2706 | Penthouse | 4,442 sqft | AED 10.4MAED 10,400,000 · Jan 2026January 2026 | 183,684 /yr | |
| 2707 | Penthouse | 5,111 sqft | AED 5.7MAED 5,700,000 · Aug 2023August 2023 | 204,750 /yr |
2701, Golden Mile 02 in numbers
- Sold 4 times: first on 28 May 2009 for AED 3,150,000, last on 12 October 2022 for AED 4,500,000 (AED 921 per sqft).
- Rented since October 2014 on 2 Ejari contracts, at AED 260,000 a year.
- At AED 260,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 77,900 a year (AED 15.96 per sqft).
- Penthouses in Golden Mile 02 sold for AED 8,925,000–10,400,000 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 12 October 2022.
Questions about 2701, Golden Mile 02
What did unit 2701 last sell for?
AED 4,500,000 on 12 October 2022: AED 921 per sqft for 4,882 sqft. The unit has 4 registered sales; the first was AED 3,150,000 in May 2009.
What is the rent for unit 2701?
AED 260,000 a year on the contract signed on 1 October 2015. The previous contract, from October 2014, was AED 260,000.
How big is unit 2701?
4,882 sqft (453.6 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 2701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Golden Mile 02 sold for AED 8,925,000 to 10,400,000 in the last 12 months, around AED 2,302 per sqft.
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Mortgage on 2701, Golden Mile 02
Starts from the last sale price (AED 4.5M, 12 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →