2-bed · 1,794 sqftGolden Mile 06, Palm Jumeirah · 2nd floor · completed 2009

6211, Golden Mile 06

Sold prices and rental history: sold 4 times, last in November 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6211 · DLD and Ejari recordsUpdated 4 November 2021
Last soldAED 2.1M4 November 2021
Current rentAED 102K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6211, Golden Mile 06

What is 6211 worth today?

Last sold for AED 2,100,000 in 2021

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4 Nov 2021SoldReady
AED 2,100,000AED 1,170 per sqft
1 Oct 2021RentedRenewal
AED 102,000/yr8 months · AED 57 per sqft
1 Oct 2020RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft
10 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
14 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
14 Jun 2017RentedRenewal
AED 163,000/yr12 months · AED 91 per sqft
14 Jun 2016RentedNew contract
AED 166,000/yr12 months · AED 92 per sqft
29 Sep 2013SoldOff-plan
AED 2,000,000AED 1,114 per sqft

Source: Dubai Land Department. Updated 4 November 2021.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
2nd of 7
Parking
Building 6-B3-58,B3-59
Developer
Souq Residences
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 2.1M · November 2021

About 6211, Golden Mile 06

6211 is a two-bedroom apartment of 1,794 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 4 November 2021 for AED 2,100,000, or AED 1,170 per sqft, 26% above the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 102,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 27,800 a year.

Sales and rents for 6211 over time

Sales
Unit 6211, each saleTypical two-bed in Golden Mile 06
2M2009201420192024Typical sale price by year: 2009 AED 1,590,000; 2012 AED 837,500; 2013 AED 1,500,000; 2014 AED 2,700,000; 2016 AED 837,500; 2019 AED 1,612,500; 2021 AED 1,687,500; 2022 AED 2,015,000; 2023 AED 2,540,000; 2024 AED 3,175,000; 2025 AED 3,200,000Sold by developer, May 2009: AED 1,700,000 (AED 947 per sqft)Sold, March 2012: AED 1,000,000 (AED 557 per sqft)Sold, September 2013: AED 2,000,000 (AED 1,114 per sqft)Sold, November 2021: AED 2,100,000 (AED 1,170 per sqft)

6211 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6211, each contractTypical two-bed in Golden Mile 06
100K150K200K2014201820222026Typical rent by year: 2014 AED 160,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 102,000; 2022 AED 115,000; 2023 AED 131,155; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 185,000New contract, June 2016: AED 166,000 a yearRenewal, June 2017: AED 163,000 a yearRenewal, June 2018: AED 150,000 a yearNew contract, September 2019: AED 115,000 a yearNew contract, October 2020: AED 95,000 a yearRenewal, October 2021: AED 102,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golden Mile 06, and where 6211 sits

All 42 2-beds →

6211 last sold in November 2021 at AED 1,170 per sqft, 26% above what two-beds in Golden Mile 06 were fetching at the time (AED 930). Over the last 12 months two-beds sold for AED 3,300,000 to 3,525,000, around AED 1,843 per sqft, and rent for AED 146,000 to 240,000 a year. 6211's AED 102,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20263,300,000
26 Aug 20263,525,000
6 Aug 20253,200,000
19 Feb 20253,370,000
2 2-bed sales 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

6211, Golden Mile 06 in numbers

  • Sold 4 times: first on 21 May 2009 for AED 1,700,000, last on 4 November 2021 for AED 2,100,000 (AED 1,170 per sqft).
  • Rented since June 2016 on 6 Ejari contracts, from AED 166,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2021 price is 4.9%, before a service charge of about AED 27,800 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 06 sold for AED 3,300,000–3,525,000 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 4 November 2021.

Questions about 6211, Golden Mile 06

What did unit 6211 last sell for?

AED 2,100,000 on 4 November 2021: AED 1,170 per sqft for 1,794 sqft. The unit has 4 registered sales; the first was AED 1,700,000 in May 2009.

What is the rent for unit 6211?

AED 102,000 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 95,000; the unit has been rented since June 2016.

How big is unit 6211?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 6211 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golden Mile 06 sold for AED 3,300,000 to 3,525,000 in the last 12 months, around AED 1,843 per sqft.

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Mortgage on 6211, Golden Mile 06

Starts from the last sale price (AED 2.1M, 4 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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