10502, Golden Mile 10
Sold prices and rental history: sold twice, last in July 2023, 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 10502, Golden Mile 10
What is 10502 worth today?
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Source: Dubai Land Department. Updated 17 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,799 sqft
- Floor
- 5th of 7
- Parking
- Building 10-B3-59
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.6M · July 2023
- Building
- Golden Mile 10
About 10502, Golden Mile 10
10502 is a two-bedroom apartment of 1,799 sqft on the 5th floor of Golden Mile 10, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 17 July 2023 for AED 2,600,000, or AED 1,445 per sqft, 10% above the AED 1,312 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 4 December 2022, is AED 97,750 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 27,900 a year.
Sales and rents for 10502 over time
10502 has sold twice; the dashed line is the two-bed median of each year in the building.
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 10502 sits
All 42 2-beds →10502 last sold in July 2023 at AED 1,445 per sqft, 10% above what two-beds in Golden Mile 10 were fetching at the time (AED 1,312). 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. 10502's AED 97,750 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202629 September 2026 | 2,604 sqft | 5,200,000 | 1,996 | ||
| 20 Apr 202620 April 2026 | 450 sqft | 1,000,000 | 2,223 | ||
| 6 Mar 20266 March 2026 | 1,888 sqft | 3,950,000 | 2,092 | ||
| 25 Aug 202525 August 2025 | 1,802 sqft | 3,950,000 | 2,191 |
Golden Mile 10
Building79 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%
Other units on the 5th floor
All 79 units in Golden Mile 10| ValueToday's value | |||||
|---|---|---|---|---|---|
| 10501 | 1-bed | 1,305 sqft | AED 1.6MAED 1,600,000 · Apr 2016April 2016 | 115,500 /yr | |
| 10503 | 2-bed | 1,800 sqft | AED 1.4MAED 1,400,000 · Mar 2021March 2021 | 165,000 /yr | |
| 10504 | 1-bed | 1,307 sqft | AED 1.72MAED 1,720,000 · Mar 2023March 2023 | 82,691 /yr | |
| 10505 | 2-bed | 1,626 sqft | AED 2.6MAED 2,600,000 · Feb 2014February 2014 | 215,000 /yr | |
| 10506 | 1-bed | 645 sqft | AED 1.1MAED 1,095,000 · Aug 2009August 2009 | 110,000 /yr | |
| 10507 | 2-bed | 1,888 sqft | AED 1.8MAED 1,800,000 · May 2009May 2009 | 103,500 /yr | |
| 10508 | 3-bed | 3,328 sqft | AED 4.25MAED 4,250,000 · Dec 2021December 2021 | ||
| 10509 | 2-bed | 1,788 sqft | AED 4MAED 4,000,000 · Jan 2024January 2024 | 105,000 /yr | |
| 10510 | 2-bed | 1,794 sqft | AED 1.52MAED 1,524,750 · May 2009May 2009 | 175,000 /yr | |
| 10511 | 2-bed | 1,794 sqft | AED 3.5MAED 3,500,000 · Dec 2023December 2023 | 125,000 /yr | |
| 10512 | 3-bed | 2,414 sqft | AED 3.7MAED 3,700,000 · Nov 2023November 2023 | 149,270 /yr |
10502, Golden Mile 10 in numbers
- Sold twice: first on 24 May 2009 for AED 1,950,000, last on 17 July 2023 for AED 2,600,000 (AED 1,445 per sqft).
- Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2021 and recovered to AED 97,750 by December 2022.
- At AED 97,750 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 27,900 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 17 July 2023.
Questions about 10502, Golden Mile 10
What did unit 10502 last sell for?
AED 2,600,000 on 17 July 2023: AED 1,445 per sqft for 1,799 sqft. The unit has 2 registered sales; the first was AED 1,950,000 in May 2009.
What is the rent for unit 10502?
AED 97,750 a year on the contract renewed on 4 December 2022. The previous contract, from December 2021, was AED 85,000; the unit has been rented since November 2017.
How big is unit 10502?
1,799 sqft (167.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 10502 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 10502, Golden Mile 10
Starts from the last sale price (AED 2.6M, 17 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →