2-bed · 1,800 sqftGolden Mile 06, Palm Jumeirah · 6th floor · completed 2009

6603, Golden Mile 06

Sold prices and rental history: sold 5 times, last in October 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6603 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 3.3M15 October 2024
Current rentAED 95K /yr28 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6603, Golden Mile 06

What is 6603 worth today?

Last sold for AED 3,300,000 in 2024

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15 Oct 2024SoldReady
AED 3,300,000AED 1,833 per sqft
14 Oct 2022SoldReady
AED 1,950,000AED 1,083 per sqft
28 Feb 2022RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
28 Feb 2021RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
28 Feb 2020RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
1 Oct 2019SoldReady
AED 1,330,000AED 739 per sqft
12 Jun 2014SoldOff-plan
AED 2,900,000AED 1,611 per sqft
21 May 2009Sold by developerOff-plan
AED 1,567,500AED 871 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
6th of 7
Parking
Building 6-B3-47
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 3.3M · October 2024

About 6603, Golden Mile 06

6603 is a two-bedroom apartment of 1,800 sqft on the 6th floor of Golden Mile 06, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 15 October 2024 for AED 3,300,000, or AED 1,833 per sqft, 20% above the AED 1,528 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 28 February 2022, is AED 95,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 27,900 a year.

Sales and rents for 6603 over time

Sales
Unit 6603, 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 1,567,500 (AED 871 per sqft)Sold, June 2014: AED 2,900,000 (AED 1,611 per sqft)Sold, October 2019: AED 1,330,000 (AED 739 per sqft)Sold, October 2022: AED 1,950,000 (AED 1,083 per sqft)Sold, October 2024: AED 3,300,000 (AED 1,833 per sqft)

6603 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6603, 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, February 2020: AED 110,000 a yearRenewal, February 2021: AED 95,000 a yearRenewal, February 2022: AED 95,000 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 6603 sits

All 42 2-beds →

6603 last sold in October 2024 at AED 1,833 per sqft, 20% above what two-beds in Golden Mile 06 were fetching at the time (AED 1,528). 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. 6603's AED 95,000 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 6th floor

All 84 units in Golden Mile 06
Value
66011-bedAED 1.75M · Dec 2015
66022-bedAED 1.65M · May 2014
66041-bedAED 1.42M · May 2018
66052-bedAED 1.6M · May 2009
66061-bedAED 1.58M · Nov 2022
66072-bedAED 1.95M · Mar 2023
66083-bedAED 5M · May 2024
1–7 of 11

6603, Golden Mile 06 in numbers

  • Sold 5 times: first on 21 May 2009 for AED 1,567,500, last on 15 October 2024 for AED 3,300,000 (AED 1,833 per sqft).
  • Rented since February 2020 on 3 Ejari contracts, from AED 110,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 27,900 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 15 October 2024.

Questions about 6603, Golden Mile 06

What did unit 6603 last sell for?

AED 3,300,000 on 15 October 2024: AED 1,833 per sqft for 1,800 sqft. The unit has 5 registered sales; the first was AED 1,567,500 in May 2009.

What is the rent for unit 6603?

AED 95,000 a year on the contract renewed on 28 February 2022. The previous contract, from February 2021, was AED 95,000; the unit has been rented since February 2020.

How big is unit 6603?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 6603 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 6603, Golden Mile 06

Starts from the last sale price (AED 3.3M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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