Penthouse · 10,222 sqftGolden Mile 02, Palm Jumeirah · 7th floor · completed 2009

2704, Golden Mile 02

Sold prices and rental history: sold twice, last in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 9 December 2020
Last soldAED 5.75M9 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Golden Mile 02

What is 2704 worth today?

Last sold for AED 5,750,000 in 2020

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9 Dec 2020SoldReady
AED 5,750,000AED 562 per sqft
26 Jul 2011Sold by developerOff-plan
AED 5,800,000AED 567 per sqft

Source: Dubai Land Department. Updated 9 December 2020.

Key facts

Type
Penthouse apartment
Size
10,222 sqft
Floor
7th of 7
Parking
Building 2-B3-22,23,24
Developer
Souq Residences
Completed
2009
Service charge
AED 163,100 /yr
Last sold
AED 5.75M · December 2020

About 2704, Golden Mile 02

2704 is a penthouse of 10,222 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 9 December 2020 for AED 5,750,000, or AED 562 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical penthouse in Golden Mile 02
4M6M2009201320172021Typical sale price by year: 2009 AED 3,150,000; 2016 AED 2,887,500Sold by developer, July 2011: AED 5,800,000 (AED 567 per sqft)Sold, December 2020: AED 5,750,000 (AED 562 per sqft)

2704 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents
Unit 2704, each contractTypical penthouse in Golden Mile 02
200K250K2015201820212024Typical rent by year: 2015 AED 260,000; 2019 AED 200,000; 2020 AED 195,000; 2021 AED 195,000; 2022 AED 210,000; 2023 AED 230,337

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 2704 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 salesUnit no.Price (AED)Summary
19 May 20268,925,000
21 Jan 202610,400,000
25 Mar 20256,350,000
10 Aug 20235,700,000
2 penthouse 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 7th floor

All 84 units in Golden Mile 02
Value
2701PenthouseAED 4.5M · Oct 2022
2702PenthouseAED 3.05M · Oct 2009
2703PenthouseAED 6.35M · Mar 2025
2705PenthouseAED 8.93M · May 2026
2706PenthouseAED 10.4M · Jan 2026
2707PenthouseAED 5.7M · Aug 2023

2704, Golden Mile 02 in numbers

  • Sold twice: first on 26 July 2011 for AED 5,800,000, last on 9 December 2020 for AED 5,750,000 (AED 562 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 9 December 2020.

Questions about 2704, Golden Mile 02

What did unit 2704 last sell for?

AED 5,750,000 on 9 December 2020: AED 562 per sqft for 10,222 sqft. The unit has 2 registered sales; the first was AED 5,800,000 in July 2011.

How big is unit 2704?

10,222 sqft (949.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 2704 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 2704, Golden Mile 02

Starts from the last sale price (AED 5.75M, 9 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,750,000
Deposit, UAE resident (20%)
AED 1,150,000
Deposit, non-resident (40%)
AED 2,300,000
Monthly over 25 years at 3.7%
AED 23,525

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