2707, Golden Mile 02
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2707, Golden Mile 02
What is 2707 worth today?
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Source: Dubai Land Department. Updated 10 August 2023.
Key facts
- Type
- Penthouse apartment
- Size
- 5,111 sqft
- Floor
- 7th of 7
- Parking
- Building 2-B3-88, Building 2-B3-89
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 81,600 /yr
- Last sold
- AED 5.7M · August 2023
- Building
- Golden Mile 02
About 2707, Golden Mile 02
2707 is a penthouse of 5,111 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 10 August 2023 for AED 5,700,000, or AED 1,115 per sqft, in line with the AED 1,115 penthouses in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 204,750 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 81,600 a year.
Sales and rents for 2707 over time
2707 has sold twice; 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 2707 sits
All 7 penthouses →2707 last sold in August 2023 at AED 1,115 per sqft, in line with what penthouses in Golden Mile 02 were fetching at the time (AED 1,115). 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 | ||
| 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 | |
| 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, Golden Mile 02 in numbers
- Sold twice: first on 28 May 2009 for AED 6,617,000, last on 10 August 2023 for AED 5,700,000 (AED 1,115 per sqft).
- Rented since August 2016 on 7 Ejari contracts, from AED 245,000 to AED 204,750 a year.
- At AED 204,750 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 81,600 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 10 August 2023.
Questions about 2707, Golden Mile 02
What did unit 2707 last sell for?
AED 5,700,000 on 10 August 2023: AED 1,115 per sqft for 5,111 sqft. The unit has 2 registered sales; the first was AED 6,617,000 in May 2009.
What is the rent for unit 2707?
AED 204,750 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 195,000; the unit has been rented since August 2016.
How big is unit 2707?
5,111 sqft (474.8 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 2707 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 2707, Golden Mile 02
Starts from the last sale price (AED 5.7M, 10 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,700,000
- Deposit, UAE resident (20%)
- AED 1,140,000
- Deposit, non-resident (40%)
- AED 2,280,000
- Monthly over 25 years at 3.7%
- AED 23,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →