2703, Golden Mile 02
Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2703, Golden Mile 02
What is 2703 worth today?
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Source: Dubai Land Department. Updated 31 August 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 4,677 sqft
- Floor
- 7th of 7
- Parking
- Building 2-B3-09, Building 2-B3-10
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 74,600 /yr
- Last sold
- AED 6.35M · March 2025
- Building
- Golden Mile 02
About 2703, Golden Mile 02
2703 is a penthouse of 4,677 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 25 March 2025 for AED 6,350,000, or AED 1,357 per sqft.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 31 August 2025, is AED 262,500 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 74,600 a year.
Sales and rents for 2703 over time
2703 has sold 3 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 2703 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 | ||
| 10 Aug 202310 August 2023 | 5,111 sqft | 5,700,000 | 1,115 | ||
| 8 Mar 20238 March 2023 | 4,442 sqft | 5,050,000 | 1,136 |
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 | |
| 2702 | Penthouse | 4,369 sqft | AED 3.05MAED 3,050,000 · Oct 2009October 2009 | 400,000 /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 |
2703, Golden Mile 02 in numbers
- Sold 3 times: first on 17 April 2012 for AED 1,448,750, last on 25 March 2025 for AED 6,350,000 (AED 1,357 per sqft).
- Rented since September 2021 on 6 Ejari contracts, from AED 250,000 to AED 262,500 a year.
- At AED 262,500 a year the gross yield on the 2025 price is 4.1%, before a service charge of about AED 74,600 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 31 August 2025.
Questions about 2703, Golden Mile 02
What did unit 2703 last sell for?
AED 6,350,000 on 25 March 2025: AED 1,357 per sqft for 4,677 sqft. The unit has 3 registered sales; the first was AED 1,448,750 in April 2012.
What is the rent for unit 2703?
AED 262,500 a year on the contract renewed on 31 August 2025. The previous contract, from August 2024, was AED 262,500; the unit has been rented since September 2021.
How big is unit 2703?
4,677 sqft (434.5 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 2703 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 2703, Golden Mile 02
Starts from the last sale price (AED 6.35M, 25 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,350,000
- Deposit, UAE resident (20%)
- AED 1,270,000
- Deposit, non-resident (40%)
- AED 2,540,000
- Monthly over 25 years at 3.7%
- AED 25,980
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →