1-bed · 1,304 sqftGolden Mile 02, Palm Jumeirah · 2nd floor · completed 2009

2201, Golden Mile 02

Sold prices and rental history: sold 3 times, last in January 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 2 January 2023

Last soldAED 1.65M2 January 2023

Current rentAED 70K /yr7 March 2019

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 2201, Golden Mile 02

Today

What is 2201 worth today?

Last sold for AED 1,650,000 in 2023

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2 Jan 2023

2 Jan 2023SoldReady

AED 1,650,000AED 1,265 per sqft

7 Mar 2019

7 Mar 2019RentedNew contract

AED 70,000/yr12 months · AED 54 per sqft

23 Feb 2015

23 Feb 2015SoldOff-plan

AED 1,550,000AED 1,188 per sqft

5 Oct 2013

5 Oct 2013RentedNew contract

AED 105,000/yr12 months · AED 81 per sqft

20 May 2009

20 May 2009Sold by developerOff-plan

AED 940,000AED 720 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 January 2023.

Key facts

Type: 1-bed apartment
Size: 1,304 sqft
Floor: 2nd of 7
Parking: Building 2-B3-63
Developer: Souq Residences
Completed: 2009
Service charge: AED 20,800 /yr
Last sold: AED 1.65M · January 2023
Building: Golden Mile 02

About 2201, Golden Mile 02

2201 is a one-bedroom apartment of 1,304 sqft on the 2nd floor of Golden Mile 02, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 2 January 2023 for AED 1,650,000, or AED 1,265 per sqft, 7% above the AED 1,186 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 7 March 2019, is AED 70,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 20,800 a year.

Sales and rents for 2201 over time

Sales

Unit 2201, each saleTypical one-bed in Golden Mile 02

2201 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 2201, each contractTypical one-bed in Golden Mile 02

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

1-beds in Golden Mile 02, and where 2201 sits

All 15 1-beds →

Golden Mile 02 · all types2,207 /sqft

2201 last sold in January 2023 at AED 1,265 per sqft, 7% above what one-beds in Golden Mile 02 were fetching at the time (AED 1,186).

Recent 1-bed sales	Size	Price (AED)	Per sqft
18 Feb 202518 February 2025	1,288 sqft	2,225,000	1,727
7 Jun 20247 June 2024	1,288 sqft	1,950,000	1,513
3 Oct 20233 October 2023	1,288 sqft	2,100,000	1,630
13 Jun 202313 June 2023	1,307 sqft	2,100,000	1,607

0 1-bed sales in the last 12 months

Golden Mile 02

Building

84 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 2 sold in the last 12 months.

Typical price per sqft: AED 2,207
Typical sale: AED 7.27M
Typical rent: AED 200K /yr
Typical yield: 4.8%

Golden Mile 02, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 84 units in Golden Mile 02


2202	2-bed	1,799 sqft	AED 1.5MAED 1,500,000 · Jan 2021January 2021	180,000 /yr
2203	2-bed	1,800 sqft	AED 1.5MAED 1,500,000 · Aug 2010August 2010	185,000 /yr
2204	1-bed	1,307 sqft	AED 1.55MAED 1,550,000 · Mar 2022March 2022
2205	2-bed	1,808 sqft	AED 3.1MAED 3,100,000 · Aug 2024August 2024	80,000 /yr
2206	1-bed	1,288 sqft	AED 2.1MAED 2,100,000 · Oct 2023October 2023	155,000 /yr
2207	2-bed	1,887 sqft	AED 1.45MAED 1,450,000 · May 2021May 2021	100,000 /yr
2208	3-bed	3,329 sqft	AED 2.47MAED 2,472,000 · Jun 2009June 2009
2209	2-bed	1,788 sqft	AED 1.45MAED 1,450,000 · May 2009May 2009	200,000 /yr
2210	2-bed	1,794 sqft	AED 1.45MAED 1,450,000 · May 2009May 2009	165,000 /yr
2211	2-bed	1,794 sqft	AED 1.48MAED 1,475,000 · Oct 2016October 2016
2212	3-bed	2,421 sqft	AED 850KAED 850,000 · Nov 2016November 2016	250,000 /yr

1–7 of 11

2201, Golden Mile 02 in numbers

Sold 3 times: first on 20 May 2009 for AED 940,000, last on 2 January 2023 for AED 1,650,000 (AED 1,265 per sqft).
Rented since October 2013 on 2 Ejari contracts, from AED 105,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 20,800 a year (AED 15.96 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 January 2023.

Questions about 2201, Golden Mile 02

What did unit 2201 last sell for?

AED 1,650,000 on 2 January 2023: AED 1,265 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 940,000 in May 2009.

What is the rent for unit 2201?

AED 70,000 a year on the contract signed on 7 March 2019. The previous contract, from October 2013, was AED 105,000.

How big is unit 2201?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 2201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2201, Golden Mile 02

Starts from the last sale price (AED 1.65M, 2 January 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,650,000
Deposit, UAE resident (20%): AED 330,000
Deposit, non-resident (40%): AED 660,000
Monthly over 25 years at 3.7%: AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →