2702, Golden Mile 02
Sold prices and rental history: sold once, by the developer in October 2009, 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 2702, Golden Mile 02
What is 2702 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- Penthouse apartment
- Size
- 4,369 sqft
- Floor
- 7th of 7
- Parking
- Building 2-B3-120, Building 2-B3-121
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 69,700 /yr
- Last sold
- AED 3.05M · October 2009
- Building
- Golden Mile 02
About 2702, Golden Mile 02
2702 is a penthouse of 4,369 sqft on the 7th floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 25 October 2009 for AED 3,050,000, or AED 698 per sqft, in line with the AED 698 penthouses in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 February 2026, is AED 400,000 a year: a gross yield of 13.1% on the 2009 price, before the service charge of about AED 69,700 a year.
Sales and rents for 2702 over time
2702 has sold once; 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 2702 sits
All 7 penthouses →2702 last sold in October 2009 at AED 698 per sqft, in line with what penthouses in Golden Mile 02 were fetching at the time (AED 698). 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 | |||||
|---|---|---|---|---|---|
| 2701 | Penthouse | 4,882 sqft | AED 4.5MAED 4,500,000 · Oct 2022October 2022 | 260,000 /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 |
2702, Golden Mile 02 in numbers
- Sold once: by Souq Residences on 25 October 2009 for AED 3,050,000, or AED 698 per sqft.
- Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 285,000 to AED 195,000 in 2021 and recovered to AED 400,000 by February 2026.
- At AED 400,000 a year the gross yield on the 2009 price is 13.1%, before a service charge of about AED 69,700 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 15 February 2026.
Questions about 2702, Golden Mile 02
What did unit 2702 last sell for?
AED 3,050,000 on 25 October 2009, sold by the developer: AED 698 per sqft for 4,369 sqft. It is the only registered sale of the unit.
What is the rent for unit 2702?
AED 400,000 a year on the contract signed on 15 February 2026. The previous contract, from March 2025, was AED 425,000; the unit has been rented since January 2015.
How big is unit 2702?
4,369 sqft (405.9 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 2702 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 2702, Golden Mile 02
Starts from the last sale price (AED 3.05M, 25 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →