2-bed · 1,807 sqftGolden Mile 10, Palm Jumeirah · 2nd floor · completed 2009

10205, Golden Mile 10

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

Unit 10205 · DLD and Ejari recordsUpdated 6 September 2024
Last soldAED 3.15M6 September 2024
Current rentAED 109K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10205, Golden Mile 10

What is 10205 worth today?

Last sold for AED 3,150,000 in 2024

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6 Sep 2024SoldReady
AED 3,150,000AED 1,743 per sqft
15 May 2023RentedRenewal
AED 108,900/yr12 months · AED 60 per sqft
15 May 2022RentedRenewal
AED 99,000/yr12 months · AED 55 per sqft
15 May 2021RentedNew contract
AED 90,000/yr12 months · AED 50 per sqft
1 Jan 2019RentedRenewal
AED 130,000/yr24 months · AED 72 per sqft
5 Dec 2016RentedNew contract
AED 154,440/yr25 months · AED 85 per sqft
26 Aug 2009Sold by developerOff-plan
AED 1,550,000AED 857 per sqft

Source: Dubai Land Department. Updated 6 September 2024.

Key facts

Type
2-bed apartment
Size
1,807 sqft
Floor
2nd of 7
Parking
Building 10-B3-91
Developer
Souq Residences
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 3.15M · September 2024

About 10205, Golden Mile 10

10205 is a two-bedroom apartment of 1,807 sqft on the 2nd floor of Golden Mile 10, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 6 September 2024 for AED 3,150,000, or AED 1,743 per sqft, in line with the AED 1,743 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 108,900 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 28,000 a year.

Sales and rents for 10205 over time

Sales
Unit 10205, each saleTypical two-bed in Golden Mile 10
2M4M2009201420192024Typical sale price by year: 2009 AED 1,900,000; 2012 AED 1,490,000; 2013 AED 1,800,000; 2015 AED 2,100,000; 2016 AED 2,225,000; 2022 AED 2,125,000; 2023 AED 2,600,000; 2024 AED 3,325,000; 2025 AED 3,950,000; 2026 AED 3,950,000Sold by developer, August 2009: AED 1,550,000 (AED 857 per sqft)Sold, September 2024: AED 3,150,000 (AED 1,743 per sqft)

10205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 10205, each contractTypical two-bed in Golden Mile 10
100K150K200K2016201920222025Typical rent by year: 2016 AED 152,220; 2017 AED 140,000; 2018 AED 131,000; 2019 AED 119,000; 2020 AED 94,375; 2021 AED 103,500; 2022 AED 107,450; 2023 AED 125,000; 2024 AED 165,000; 2025 AED 190,000; 2026 AED 180,000New contract, December 2016: AED 154,440 a yearRenewal, January 2019: AED 130,000 a yearNew contract, May 2021: AED 90,000 a yearRenewal, May 2022: AED 99,000 a yearRenewal, May 2023: AED 108,900 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 10, and where 10205 sits

All 42 2-beds →

10205 last sold in September 2024 at AED 1,743 per sqft, in line with what two-beds in Golden Mile 10 were fetching at the time (AED 1,743). Over the last 12 months two-beds sold for AED 1,000,000 to 5,200,000, around AED 2,092 per sqft, and rent for AED 89,467 to 350,000 a year. 10205's AED 108,900 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 20265,200,000
20 Apr 20261,000,000
6 Mar 20263,950,000
25 Aug 20253,950,000
3 2-bed sales in the last 12 months

Golden Mile 10

Building

79 apartments, 1-bed to 4-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 2,071
Typical sale
AED 3.95M
Typical rent
AED 180K /yr
Typical yield
4.8%
Golden Mile 10, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 79 units in Golden Mile 10
Value
102011-bedAED 1.65M · Nov 2016
102022-bedAED 2.2M · Jul 2015
102032-bedAED 1.52M · Dec 2009
102041-bedAED 1.54M · May 2009
102061-bedAED 1.45M · Jan 2022
102072-bedAED 2.05M · Oct 2016
102083-bedAED 4.3M · Sep 2023
1–7 of 11

10205, Golden Mile 10 in numbers

  • Sold twice: first on 26 August 2009 for AED 1,550,000, last on 6 September 2024 for AED 3,150,000 (AED 1,743 per sqft).
  • Rented since December 2016 on 5 Ejari contracts. The rent fell from AED 154,440 to AED 90,000 in 2021 and recovered to AED 108,900 by May 2023.
  • At AED 108,900 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 28,000 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 10 sold for AED 1,000,000–5,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,071 per sqft.

Source: Dubai Land Department. Updated 6 September 2024.

Questions about 10205, Golden Mile 10

What did unit 10205 last sell for?

AED 3,150,000 on 6 September 2024: AED 1,743 per sqft for 1,807 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in August 2009.

What is the rent for unit 10205?

AED 108,900 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 99,000; the unit has been rented since December 2016.

How big is unit 10205?

1,807 sqft (167.9 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 10205 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 10 sold for AED 1,000,000 to 5,200,000 in the last 12 months, around AED 2,092 per sqft.

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Mortgage on 10205, Golden Mile 10

Starts from the last sale price (AED 3.15M, 6 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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