3-bed · 3,329 sqftGolden Mile 06, Palm Jumeirah · 2nd floor · completed 2009

6208, Golden Mile 06

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6208 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 5.15M20 June 2024
Current rentAED 212K /yr23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6208, Golden Mile 06

What is 6208 worth today?

Last sold for AED 5,150,000 in 2024

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20 Jun 2024SoldReady
AED 5,150,000AED 1,547 per sqft
23 Apr 2024RentedRenewal
AED 212,496/yr6 months · AED 64 per sqft
23 Apr 2023RentedNew contract
AED 185,000/yr12 months · AED 56 per sqft
23 Apr 2022RentedRenewal
AED 175,000/yr12 months · AED 53 per sqft
23 Apr 2021RentedRenewal
AED 165,000/yr12 months · AED 50 per sqft
23 Apr 2020RentedRenewal
AED 175,000/yr12 months · AED 53 per sqft
23 Apr 2019RentedNew contract
AED 175,000/yr12 months · AED 53 per sqft
15 Mar 2018RentedRenewal
AED 225,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
3-bed apartment
Size
3,329 sqft
Floor
2nd of 7
Parking
Building 6-B3-30
Developer
Souq Residences
Completed
2009
Service charge
AED 51,600 /yr
Last sold
AED 5.15M · June 2024

About 6208, Golden Mile 06

6208 is a three-bedroom apartment of 3,329 sqft on the 2nd floor of Golden Mile 06, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 20 June 2024 for AED 5,150,000, or AED 1,547 per sqft, in line with the AED 1,502 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 23 April 2024, is AED 212,496 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 51,600 a year.

Sales and rents for 6208 over time

Sales
Unit 6208, each saleTypical three-bed in Golden Mile 06
2.5M5M7.5M2008201320182023Typical sale price by year: 2008 AED 2,300,000; 2009 AED 2,600,000; 2014 AED 2,575,000; 2015 AED 4,300,000; 2024 AED 4,999,000; 2025 AED 7,500,000Sold by developer, May 2009: AED 2,550,000 (AED 766 per sqft)Sold, September 2015: AED 4,300,000 (AED 1,291 per sqft)Sold, June 2024: AED 5,150,000 (AED 1,547 per sqft)

6208 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 6208, each contractTypical three-bed in Golden Mile 06
200K300K2014201820222026Typical rent by year: 2014 AED 210,000; 2016 AED 215,000; 2017 AED 215,000; 2018 AED 210,000; 2019 AED 180,000; 2020 AED 180,000; 2021 AED 167,500; 2022 AED 195,000; 2023 AED 230,000; 2024 AED 300,000; 2025 AED 317,500; 2026 AED 307,500New contract, March 2016: AED 230,000 a yearRenewal, March 2017: AED 230,000 a yearRenewal, March 2018: AED 225,000 a yearNew contract, April 2019: AED 175,000 a yearRenewal, April 2020: AED 175,000 a yearRenewal, April 2021: AED 165,000 a yearRenewal, April 2022: AED 175,000 a yearNew contract, April 2023: AED 185,000 a yearRenewal, April 2024: AED 212,496 a year

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 06, and where 6208 sits

All 17 3-beds →

6208 last sold in June 2024 at AED 1,547 per sqft, in line with what three-beds in Golden Mile 06 were fetching at the time (AED 1,502). Over the last 12 months three-beds sold for AED 4,999,999, around AED 2,064 per sqft, and rent for AED 250,000 to 350,000 a year. 6208's AED 212,496 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Oct 20264,999,999
5 Nov 20257,400,000
26 Aug 20258,690,000
14 Aug 20257,600,000
1 3-bed sale in the last 12 months

Golden Mile 06

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 1,926
Typical sale
AED 3.53M
Typical rent
AED 179K /yr
Typical yield
5.2%
Golden Mile 06, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 84 units in Golden Mile 06
Value
62011-bedAED 1.48M · Aug 2022
62022-bedAED 1.45M · May 2009
62032-bedAED 1.45M · May 2009
62041-bedAED 1.14M · May 2009
62052-bedAED 2M · Oct 2022
62061-bedAED 1.4M · Jul 2013
62072-bedAED 1.4M · May 2009
1–7 of 11

6208, Golden Mile 06 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 2,550,000, last on 20 June 2024 for AED 5,150,000 (AED 1,547 per sqft).
  • Rented since March 2016 on 9 Ejari contracts. The rent fell from AED 230,000 to AED 165,000 in 2021 and recovered to AED 212,496 by April 2024.
  • At AED 212,496 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 51,600 a year (AED 15.49 per sqft).
  • Three-beds in Golden Mile 06 sold for AED 4,999,999–4,999,999 in the 12 months to November 2026; the building's median across all types is AED 1,926 per sqft.

Source: Dubai Land Department. Updated 20 June 2024.

Questions about 6208, Golden Mile 06

What did unit 6208 last sell for?

AED 5,150,000 on 20 June 2024: AED 1,547 per sqft for 3,329 sqft. The unit has 3 registered sales; the first was AED 2,550,000 in May 2009.

What is the rent for unit 6208?

AED 212,496 a year on the contract renewed on 23 April 2024. The previous contract, from April 2023, was AED 185,000; the unit has been rented since March 2016.

How big is unit 6208?

3,329 sqft (309.3 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 6208 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 06 sold for AED 4,999,999 to 4,999,999 in the last 12 months, around AED 2,064 per sqft.

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Mortgage on 6208, Golden Mile 06

Starts from the last sale price (AED 5.15M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

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