1-bed · 1,288 sqftGolden Mile 01, Palm Jumeirah · 1st floor · completed 2009

1106, Golden Mile 01

Sold prices and rental history: sold 6 times, last in May 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 30 May 2021
Last soldAED 1.28M30 May 2021
Current rentAED 70K /yr28 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Golden Mile 01

What is 1106 worth today?

Last sold for AED 1,275,000 in 2021

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30 May 2021SoldReady
AED 1,275,000AED 989 per sqft
28 Jul 2020RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
28 Jul 2019RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
20 Jun 2018RentedNew contract
AED 98,000/yr12 months · AED 76 per sqft
1 Nov 2017RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
29 Aug 2017SoldReady
AED 1,450,000AED 1,125 per sqft
5 Apr 2016RentedRenewal
AED 120,750/yr12 months · AED 94 per sqft
5 Apr 2015RentedNew contract
AED 115,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 30 May 2021.

Key facts

Type
1-bed apartment
Size
1,288 sqft
Floor
1st of 7
Parking
Building 1-B3-20
Developer
Souq Residences
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.28M · May 2021

About 1106, Golden Mile 01

1106 is a one-bedroom apartment of 1,288 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 30 May 2021 for AED 1,275,000, or AED 989 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 28 July 2020, is AED 70,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 20,000 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical one-bed in Golden Mile 01
1M1.5M2009201320172021Typical sale price by year: 2009 AED 990,000; 2012 AED 1,000,000; 2013 AED 1,325,000; 2016 AED 1,550,000; 2017 AED 1,350,000; 2018 AED 1,000,000; 2022 AED 1,450,000Sold by developer, May 2009: AED 910,000 (AED 706 per sqft)Sold, June 2012: AED 1,000,000 (AED 776 per sqft)Sold, July 2012: AED 1,350,000 (AED 1,047 per sqft)Sold, July 2013: AED 1,377,000 (AED 1,068 per sqft)Sold, August 2017: AED 1,450,000 (AED 1,125 per sqft)Sold, May 2021: AED 1,275,000 (AED 989 per sqft)

1106 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1106, each contractTypical one-bed in Golden Mile 01
75K100K125K2014201820222026Typical rent by year: 2014 AED 100,000; 2015 AED 115,000; 2016 AED 120,000; 2017 AED 112,500; 2018 AED 96,481; 2019 AED 85,000; 2020 AED 77,846; 2021 AED 75,000; 2022 AED 87,500; 2023 AED 115,000; 2024 AED 119,321; 2025 AED 125,000; 2026 AED 120,750New contract, April 2015: AED 115,000 a yearRenewal, April 2016: AED 120,750 a yearNew contract, November 2017: AED 100,000 a yearNew contract, June 2018: AED 98,000 a yearNew contract, July 2019: AED 72,000 a yearRenewal, July 2020: AED 70,000 a year

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 1106 sits

All 17 1-beds →

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. 1106's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Apr 20262,800,000
10 Feb 20251,700,000
22 Jun 20231,730,000
23 Jan 20231,565,000
1 1-bed sale 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
11022-bedAED 1.93M · Nov 2022
11032-bedAED 3.48M · Jan 2026
11041-bedAED 1.7M · Feb 2025
11052-bedAED 3.3M · Mar 2025
11072-bedAED 2M · Jun 2013
11083-bedAED 5.2M · Jun 2025
1–7 of 11

1106, Golden Mile 01 in numbers

  • Sold 6 times: first on 19 May 2009 for AED 910,000, last on 30 May 2021 for AED 1,275,000 (AED 989 per sqft).
  • Rented since April 2015 on 6 Ejari contracts, from AED 115,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 20,000 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 30 May 2021.

Questions about 1106, Golden Mile 01

What did unit 1106 last sell for?

AED 1,275,000 on 30 May 2021: AED 989 per sqft for 1,288 sqft. The unit has 6 registered sales; the first was AED 910,000 in May 2009.

What is the rent for unit 1106?

AED 70,000 a year on the contract renewed on 28 July 2020. The previous contract, from July 2019, was AED 72,000; the unit has been rented since April 2015.

How big is unit 1106?

1,288 sqft (119.7 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 1106 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 1106, Golden Mile 01

Starts from the last sale price (AED 1.28M, 30 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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