2-bed · 1,800 sqftGolden Mile 08, Palm Jumeirah · 4th floor · completed 2009

8403, Golden Mile 08

Sold prices and rental history: sold 3 times, last in April 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8403 · DLD and Ejari recordsUpdated 31 December 2024
Last soldAED 1.43M21 April 2020
Current rentAED 200K /yr31 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8403, Golden Mile 08

What is 8403 worth today?

Last sold for AED 1,425,000 in 2020

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31 Dec 2024RentedNew contract
AED 200,000/yr12 months · AED 111 per sqft
20 Jan 2023RentedNew contract
AED 220,000/yr12 months · AED 122 per sqft
21 Apr 2020SoldReady
AED 1,425,000AED 791 per sqft
10 Dec 2018RentedRenewal
AED 130,000/yr12 months · AED 72 per sqft
29 Mar 2011SoldOff-plan
AED 1,400,000AED 777 per sqft
21 May 2009Sold by developerOff-plan
AED 1,800,000AED 999 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 December 2024.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
4th of 7
Parking
Building 8- B3-73
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 1.43M · April 2020

About 8403, Golden Mile 08

8403 is a two-bedroom apartment of 1,800 sqft on the 4th floor of Golden Mile 08, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 21 April 2020 for AED 1,425,000, or AED 791 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 31 December 2024, is AED 200,000 a year: a gross yield of 14.0% on the 2020 price, before the service charge of about AED 27,900 a year.

Sales and rents for 8403 over time

Sales
Unit 8403, each saleTypical two-bed in Golden Mile 08
2M2009201420192024Typical sale price by year: 2009 AED 1,875,000; 2010 AED 1,485,000; 2011 AED 1,400,000; 2012 AED 1,075,000; 2013 AED 1,890,000; 2014 AED 2,562,500; 2016 AED 2,150,000; 2017 AED 2,200,000; 2021 AED 1,750,000; 2022 AED 2,100,000; 2023 AED 2,900,000; 2024 AED 2,900,000; 2025 AED 3,535,000Sold by developer, May 2009: AED 1,800,000 (AED 999 per sqft)Sold, March 2011: AED 1,400,000 (AED 777 per sqft)Sold, April 2020: AED 1,425,000 (AED 791 per sqft)

8403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 8403, each contractTypical two-bed in Golden Mile 08
100K200K2016201920222025Typical rent by year: 2016 AED 152,994; 2017 AED 143,750; 2018 AED 130,000; 2019 AED 118,000; 2020 AED 97,500; 2021 AED 100,000; 2022 AED 122,500; 2023 AED 150,000; 2024 AED 194,100; 2025 AED 212,500Renewal, December 2018: AED 130,000 a yearNew contract, January 2023: AED 220,000 a yearNew contract, December 2024: AED 200,000 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 08, and where 8403 sits

All 39 2-beds →

Over the last 12 months two-beds sold for AED 3,620,000 to 4,400,000, around AED 2,185 per sqft, and rent for AED 218,000 to 240,000 a year. 8403's AED 200,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Dec 20253,620,000
15 May 20254,100,000
5 May 20253,450,000
2 Jan 20253,125,000
2 2-bed sales in the last 12 months

Golden Mile 08

Building

81 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 2,185
Typical sale
AED 4.01M
Typical rent
AED 215K /yr
Typical yield
5.1%
Golden Mile 08, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 81 units in Golden Mile 08
Value
84011-bedAED 2.05M · Mar 2024
84022-bedAED 1.65M · Nov 2012
84041-bedAED 2.73M · Oct 2024
84052-bedAED 2M · Apr 2017
84061-bedAED 980K · May 2011
84072-bedAED 1.8M · Jan 2022
84083-bedAED 5.25M · Mar 2024
1–7 of 11

8403, Golden Mile 08 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,800,000, last on 21 April 2020 for AED 1,425,000 (AED 791 per sqft).
  • Rented since December 2018 on 3 Ejari contracts, from AED 130,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2020 price is 14.0%, before a service charge of about AED 27,900 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 08 sold for AED 3,620,000–4,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,185 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 31 December 2024.

Questions about 8403, Golden Mile 08

What did unit 8403 last sell for?

AED 1,425,000 on 21 April 2020: AED 791 per sqft for 1,800 sqft. The unit has 3 registered sales; the first was AED 1,800,000 in May 2009.

What is the rent for unit 8403?

AED 200,000 a year on the contract signed on 31 December 2024. The previous contract, from January 2023, was AED 220,000; the unit has been rented since December 2018.

How big is unit 8403?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 8403 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 08 sold for AED 3,620,000 to 4,400,000 in the last 12 months, around AED 2,185 per sqft.

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Mortgage on 8403, Golden Mile 08

Starts from the last sale price (AED 1.43M, 21 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

Plus AED 64,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →