2-bed · 2,096 sqftGolden Mile 01, Palm Jumeirah · 1st floor · completed 2009

1102, Golden Mile 01

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 14 December 2022
Last soldAED 1.93M1 November 2022
Current rentAED 98K /yr14 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Golden Mile 01

What is 1102 worth today?

Last sold for AED 1,925,000 in 2022

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14 Dec 2022RentedNew contract
AED 97,739/yr5 months · AED 47 per sqft
1 Nov 2022SoldReady
AED 1,925,000AED 918 per sqft
15 Dec 2021RentedRenewal
AED 99,000/yr12 months · AED 47 per sqft
15 Dec 2020RentedNew contract
AED 90,000/yr12 months · AED 43 per sqft
18 Jul 2020RentedNew contract
AED 110,000/yr6 months · AED 52 per sqft
18 May 2019RentedNew contract
AED 110,000/yr12 months · AED 52 per sqft
1 May 2018RentedRenewal
AED 135,000/yr12 months · AED 64 per sqft
1 May 2017RentedRenewal
AED 155,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 14 December 2022.

Key facts

Type
2-bed apartment
Size
2,096 sqft
Floor
1st of 7
Parking
Building 1-B3-60
Developer
Souq Residences
Completed
2009
Service charge
AED 32,500 /yr
Last sold
AED 1.93M · November 2022

About 1102, Golden Mile 01

1102 is a two-bedroom apartment of 2,096 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 1 November 2022 for AED 1,925,000, or AED 918 per sqft, 12% below the AED 1,044 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 14 December 2022, is AED 97,739 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 32,500 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in Golden Mile 01
2M2004201020162022Typical sale price by year: 2004 AED 1,211,250; 2009 AED 1,400,000; 2010 AED 1,600,000; 2012 AED 1,100,000; 2013 AED 1,950,000; 2016 AED 1,025,000; 2018 AED 1,400,000; 2022 AED 1,950,000; 2023 AED 2,725,000; 2025 AED 3,300,000Sold by developer, May 2009: AED 1,240,000 (AED 591 per sqft)Sold, November 2022: AED 1,925,000 (AED 918 per sqft)

1102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Golden Mile 01
100K150K200K2014201820222026Typical rent by year: 2014 AED 150,000; 2015 AED 151,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 135,000; 2019 AED 115,750; 2020 AED 95,000; 2021 AED 103,750; 2022 AED 117,250; 2023 AED 130,000; 2024 AED 170,000; 2025 AED 200,000; 2026 AED 165,000New contract, April 2014: AED 155,000 a yearNew contract, May 2016: AED 155,000 a yearRenewal, May 2017: AED 155,000 a yearRenewal, May 2018: AED 135,000 a yearNew contract, May 2019: AED 110,000 a yearNew contract, July 2020: AED 110,000 a yearNew contract, December 2020: AED 90,000 a yearRenewal, December 2021: AED 99,000 a yearNew contract, December 2022: AED 97,739 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 01, and where 1102 sits

All 42 2-beds →

1102 last sold in November 2022 at AED 918 per sqft, 12% below what two-beds in Golden Mile 01 were fetching at the time (AED 1,044). Over the last 12 months two-beds sold for AED 3,475,000 to 4,000,000, around AED 1,943 per sqft, and rent for AED 148,500 to 260,500 a year. 1102's AED 97,739 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jan 20263,475,000
28 Nov 20254,000,000
3 Sep 20252,900,000
17 Jun 20253,300,000
2 2-bed sales in the last 12 months

Golden Mile 01

Building

85 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%
Golden Mile 01, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 85 units in Golden Mile 01
Value
11011-bedAED 1.55M · Jun 2016
11032-bedAED 3.48M · Jan 2026
11041-bedAED 1.7M · Feb 2025
11052-bedAED 3.3M · Mar 2025
11061-bedAED 1.28M · May 2021
11072-bedAED 2M · Jun 2013
11083-bedAED 5.2M · Jun 2025
1–7 of 11

1102, Golden Mile 01 in numbers

  • Sold twice: first on 13 May 2009 for AED 1,240,000, last on 1 November 2022 for AED 1,925,000 (AED 918 per sqft).
  • Rented since April 2014 on 9 Ejari contracts, from AED 155,000 to AED 97,739 a year.
  • At AED 97,739 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 32,500 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 01 sold for AED 3,475,000–4,000,000 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 14 December 2022.

Questions about 1102, Golden Mile 01

What did unit 1102 last sell for?

AED 1,925,000 on 1 November 2022: AED 918 per sqft for 2,096 sqft. The unit has 2 registered sales; the first was AED 1,240,000 in May 2009.

What is the rent for unit 1102?

AED 97,739 a year on the contract signed on 14 December 2022. The previous contract, from December 2021, was AED 99,000; the unit has been rented since April 2014.

How big is unit 1102?

2,096 sqft (194.7 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 1102 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 01 sold for AED 3,475,000 to 4,000,000 in the last 12 months, around AED 1,943 per sqft.

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Mortgage on 1102, Golden Mile 01

Starts from the last sale price (AED 1.93M, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,925,000
Deposit, UAE resident (20%)
AED 385,000
Deposit, non-resident (40%)
AED 770,000
Monthly over 25 years at 3.7%
AED 7,876

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