1101, Golden Mile 01
Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Golden Mile 01
What is 1101 worth today?
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Source: Dubai Land Department. Updated 10 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,496 sqft
- Floor
- 1st of 7
- Parking
- Building 1-B3-86
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.55M · June 2016
- Building
- Golden Mile 01
About 1101, Golden Mile 01
1101 is a one-bedroom apartment of 1,496 sqft on the 1st floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 28 June 2016 for AED 1,550,000, or AED 1,036 per sqft, in line with the AED 1,036 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 120,701 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 23,200 a year.
Sales and rents for 1101 over time
1101 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 01, and where 1101 sits
All 17 1-beds →1101 last sold in June 2016 at AED 1,036 per sqft, in line with what one-beds in Golden Mile 01 were fetching at the time (AED 1,036). Over the last 12 months one-beds sold for AED 2,800,000, around AED 2,173 per sqft, and rent for AED 100,000 to 155,000 a year. 1101's AED 120,701 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Apr 20268 April 2026 | 1,288 sqft | 2,800,000 | 2,173 | ||
| 10 Feb 202510 February 2025 | 1,409 sqft | 1,700,000 | 1,206 | ||
| 22 Jun 202322 June 2023 | 1,288 sqft | 1,730,000 | 1,342 | ||
| 23 Jan 202323 January 2023 | 1,288 sqft | 1,565,000 | 1,214 |
Golden Mile 01
Building85 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 2,014
- Typical sale
- AED 4M
- Typical rent
- AED 165K /yr
- Typical yield
- 4.4%
Other units on the 1st floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 2-bed | 2,096 sqft | AED 1.93MAED 1,925,000 · Nov 2022November 2022 | 97,739 /yr | |
| 1103 | 2-bed | 2,097 sqft | AED 3.48MAED 3,475,000 · Jan 2026January 2026 | 113,484 /yr | |
| 1104 | 1-bed | 1,409 sqft | AED 1.7MAED 1,700,000 · Feb 2025February 2025 | 120,000 /yr | |
| 1105 | 2-bed | 2,002 sqft | AED 3.3MAED 3,300,000 · Mar 2025March 2025 | 260,500 /yr | |
| 1106 | 1-bed | 1,288 sqft | AED 1.28MAED 1,275,000 · May 2021May 2021 | 70,000 /yr | |
| 1107 | 2-bed | 1,940 sqft | AED 2MAED 2,000,000 · Jun 2013June 2013 | 155,000 /yr | |
| 1108 | 3-bed | 3,329 sqft | AED 5.2MAED 5,200,000 · Jun 2025June 2025 | 245,000 /yr | |
| 1109 | 2-bed | 2,597 sqft | AED 4.65MAED 4,650,000 · Mar 2025March 2025 | 145,000 /yr | |
| 1110 | 2-bed | 2,604 sqft | AED 1.6MAED 1,600,000 · Jan 2013January 2013 | 202,000 /yr | |
| 1111 | 2-bed | 2,604 sqft | AED 1.55MAED 1,550,000 · May 2017May 2017 | 165,000 /yr | |
| 1112 | 3-bed | 3,432 sqft | AED 3.7MAED 3,700,000 · Mar 2014March 2014 |
1101, Golden Mile 01 in numbers
- Sold 3 times: first on 17 April 2012 for AED 440,000, last on 28 June 2016 for AED 1,550,000 (AED 1,036 per sqft).
- Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 77,000 in 2021 and recovered to AED 120,701 by August 2024.
- At AED 120,701 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 23,200 a year (AED 15.49 per sqft).
- One-beds in Golden Mile 01 sold for AED 2,800,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,014 per sqft.
Source: Dubai Land Department. Updated 10 August 2024.
Questions about 1101, Golden Mile 01
What did unit 1101 last sell for?
AED 1,550,000 on 28 June 2016: AED 1,036 per sqft for 1,496 sqft. The unit has 3 registered sales; the first was AED 440,000 in April 2012.
What is the rent for unit 1101?
AED 120,701 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 120,000; the unit has been rented since July 2016.
How big is unit 1101?
1,496 sqft (139.0 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 1101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 01 sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 2,173 per sqft.
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Mortgage on 1101, Golden Mile 01
Starts from the last sale price (AED 1.55M, 28 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →