Penthouse · 3,946 sqftGolden Mile 02, Palm Jumeirah · 7th floor · completed 2009

2705, Golden Mile 02

Sold prices and rental history: sold 4 times, last in May 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 19 May 2026
Last soldAED 8.93M19 May 2026
Current rentAED 340K /yr6 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Golden Mile 02

What is 2705 worth today?

Last sold for AED 8,925,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 May 2026SoldReady
AED 8,925,000AED 2,262 per sqft
6 Oct 2023RentedNew contract
AED 340,000/yr12 months · AED 86 per sqft
26 Sep 2022RentedNew contract
AED 340,000/yr12 months · AED 86 per sqft
27 Jul 2021RentedNew contract
AED 335,000/yr12 months · AED 85 per sqft
4 Dec 2016SoldReady
AED 3,900,000AED 988 per sqft
22 Feb 2012SoldOff-plan
AED 2,730,000AED 691 per sqft
10 Jan 2010Sold by developerOff-plan
AED 3,240,000AED 821 per sqft

Source: Dubai Land Department. Updated 19 May 2026.

Key facts

Type
Penthouse apartment
Size
3,946 sqft
Floor
7th of 7
Parking
Building 2-B3-72, Building 2-B3-73
Developer
Souq Residences
Completed
2009
Service charge
AED 63,000 /yr
Last sold
AED 8.93M · May 2026

About 2705, Golden Mile 02

2705 is a penthouse of 3,946 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 19 May 2026 for AED 8,925,000, or AED 2,262 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 6 October 2023, is AED 340,000 a year: a gross yield of 3.8% on the 2026 price, before the service charge of about AED 63,000 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, each saleTypical penthouse in Golden Mile 02
5M10M2009201420192024Typical sale price by year: 2009 AED 3,150,000; 2016 AED 2,887,500Sold by developer, January 2010: AED 3,240,000 (AED 821 per sqft)Sold, February 2012: AED 2,730,000 (AED 691 per sqft)Sold, December 2016: AED 3,900,000 (AED 988 per sqft)Sold, May 2026: AED 8,925,000 (AED 2,262 per sqft)

2705 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 2705, each contractTypical penthouse in Golden Mile 02
200K300K2015201820212024Typical 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 230,337New contract, July 2021: AED 335,000 a yearNew contract, September 2022: AED 340,000 a yearNew contract, October 2023: AED 340,000 a year

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 2705 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
21 Jan 202610,400,000
25 Mar 20256,350,000
10 Aug 20235,700,000
8 Mar 20235,050,000
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
2704PenthouseAED 5.75M · Dec 2020
2706PenthouseAED 10.4M · Jan 2026
2707PenthouseAED 5.7M · Aug 2023

2705, Golden Mile 02 in numbers

  • Sold 4 times: first on 10 January 2010 for AED 3,240,000, last on 19 May 2026 for AED 8,925,000 (AED 2,262 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 335,000 to AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2026 price is 3.8%, before a service charge of about AED 63,000 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 19 May 2026.

Questions about 2705, Golden Mile 02

What did unit 2705 last sell for?

AED 8,925,000 on 19 May 2026: AED 2,262 per sqft for 3,946 sqft. The unit has 4 registered sales; the first was AED 3,240,000 in January 2010.

What is the rent for unit 2705?

AED 340,000 a year on the contract signed on 6 October 2023. The previous contract, from September 2022, was AED 340,000; the unit has been rented since July 2021.

How big is unit 2705?

3,946 sqft (366.6 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 2705 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.

Selling 2705? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2705, Golden Mile 02

Starts from the last sale price (AED 8.93M, 19 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 8,925,000
Deposit, UAE resident (20%)
AED 1,785,000
Deposit, non-resident (40%)
AED 3,570,000
Monthly over 25 years at 3.7%
AED 36,515

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