G-203, Golden Mile 02
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G-203, Golden Mile 02
What is G-203 worth today?
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Source: Dubai Land Department. Updated 9 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,711 sqft
- Floor
- Ground of 7
- Parking
- Integrated (08, 09)
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 59,200 /yr
- Last sold
- AED 4.4M · October 2024
- Building
- Golden Mile 02
About G-203, Golden Mile 02
G-203 is a three-bedroom apartment of 3,711 sqft on the ground floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 9 October 2024 for AED 4,400,000, or AED 1,185 per sqft, in line with the AED 1,185 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 175,000 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 59,200 a year.
Sales and rents for G-203 over time
G-203 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 02, and where G-203 sits
All 17 3-beds →G-203 last sold in October 2024 at AED 1,185 per sqft, in line with what three-beds in Golden Mile 02 were fetching at the time (AED 1,185). Over the last 12 months three-beds sold for AED 4,140,003, around AED 2,072 per sqft, and rent for AED 246,000 to 410,000 a year. G-203's AED 175,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Dec 202530 December 2025 | 1,997 sqft | 4,140,003 | 2,072 | ||
| 18 Dec 202318 December 2023 | 3,718 sqft | 3,650,000 | 981 | ||
| 23 Nov 202323 November 2023 | 3,329 sqft | 5,050,000 | 1,517 | ||
| 25 Aug 202325 August 2023 | 3,329 sqft | 4,325,000 | 1,299 |
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 ground floor
All 84 units in Golden Mile 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| G-201 | 3-bed | 3,718 sqft | AED 3.65MAED 3,650,000 · Dec 2023December 2023 | 300,000 /yr | |
| G-202 | 3-bed | 3,712 sqft | AED 2.75MAED 2,750,000 · May 2009May 2009 | 320,000 /yr | |
| G-204 | 3-bed | 3,698 sqft | AED 2.95MAED 2,950,000 · Jul 2021July 2021 | 246,000 /yr | |
| G-205 | 3-bed | 3,736 sqft | AED 2.55MAED 2,550,000 · Dec 2012December 2012 |
G-203, Golden Mile 02 in numbers
- Sold twice: first on 19 October 2011 for AED 2,750,000, last on 9 October 2024 for AED 4,400,000 (AED 1,185 per sqft).
- Rented since January 2017 on 7 Ejari contracts. The rent fell from AED 176,000 to AED 135,000 in 2020 and recovered to AED 175,000 by November 2023.
- At AED 175,000 a year the gross yield on the 2024 price is 4.0%, before a service charge of about AED 59,200 a year (AED 15.96 per sqft).
- Three-beds in Golden Mile 02 sold for AED 4,140,003–4,140,003 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 October 2024.
Questions about G-203, Golden Mile 02
What did unit G-203 last sell for?
AED 4,400,000 on 9 October 2024: AED 1,185 per sqft for 3,711 sqft. The unit has 2 registered sales; the first was AED 2,750,000 in October 2011.
What is the rent for unit G-203?
AED 175,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 175,000; the unit has been rented since January 2017.
How big is unit G-203?
3,711 sqft (344.8 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2009.
What is unit G-203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 02 sold for AED 4,140,003 to 4,140,003 in the last 12 months, around AED 2,072 per sqft.
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Mortgage on G-203, Golden Mile 02
Starts from the last sale price (AED 4.4M, 9 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,400,000
- Deposit, UAE resident (20%)
- AED 880,000
- Deposit, non-resident (40%)
- AED 1,760,000
- Monthly over 25 years at 3.7%
- AED 18,002
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →