2-bed · 2,597 sqftGolden Mile 01, Palm Jumeirah · 1st floor · completed 2009

1109, Golden Mile 01

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 28 March 2025
Last soldAED 4.65M28 March 2025
Current rentAED 145K /yr1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Golden Mile 01

What is 1109 worth today?

Last sold for AED 4,650,000 in 2025

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28 Mar 2025SoldReady
AED 4,650,000AED 1,790 per sqft
5 Feb 2019SoldReady
AED 1,850,000AED 712 per sqft
1 Nov 2018RentedRenewal
AED 145,000/yr12 months · AED 56 per sqft
1 Nov 2017RentedRenewal
AED 145,000/yr12 months · AED 56 per sqft
1 Nov 2016RentedNew contract
AED 160,000/yr12 months · AED 62 per sqft
27 Sep 2014RentedNew contract
AED 145,000/yr12 months · AED 56 per sqft
13 May 2009Sold by developerOff-plan
AED 1,440,000AED 554 per sqft

Source: Dubai Land Department. Updated 28 March 2025.

Key facts

Type
2-bed apartment
Size
2,597 sqft
Floor
1st of 7
Parking
Building 1-B3-12
Developer
Souq Residences
Completed
2009
Service charge
AED 40,200 /yr
Last sold
AED 4.65M · March 2025

About 1109, Golden Mile 01

1109 is a two-bedroom apartment of 2,597 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 March 2025 for AED 4,650,000, or AED 1,790 per sqft, 4% above the AED 1,722 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 November 2018, is AED 145,000 a year: a gross yield of 3.1% on the 2025 price, before the service charge of about AED 40,200 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical two-bed in Golden Mile 01
2M4M2004201020162022Typical 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 1,440,000 (AED 554 per sqft)Sold, February 2019: AED 1,850,000 (AED 712 per sqft)Sold, March 2025: AED 4,650,000 (AED 1,790 per sqft)

1109 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, 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, September 2014: AED 145,000 a yearNew contract, November 2016: AED 160,000 a yearRenewal, November 2017: AED 145,000 a yearRenewal, November 2018: AED 145,000 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 01, and where 1109 sits

All 42 2-beds →

1109 last sold in March 2025 at AED 1,790 per sqft, 4% above what two-beds in Golden Mile 01 were fetching at the time (AED 1,722). 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. 1109's AED 145,000 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
11022-bedAED 1.93M · Nov 2022
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
1–7 of 11

1109, Golden Mile 01 in numbers

  • Sold 3 times: first on 13 May 2009 for AED 1,440,000, last on 28 March 2025 for AED 4,650,000 (AED 1,790 per sqft).
  • Rented since September 2014 on 4 Ejari contracts, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2025 price is 3.1%, before a service charge of about AED 40,200 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 28 March 2025.

Questions about 1109, Golden Mile 01

What did unit 1109 last sell for?

AED 4,650,000 on 28 March 2025: AED 1,790 per sqft for 2,597 sqft. The unit has 3 registered sales; the first was AED 1,440,000 in May 2009.

What is the rent for unit 1109?

AED 145,000 a year on the contract renewed on 1 November 2018. The previous contract, from November 2017, was AED 145,000; the unit has been rented since September 2014.

How big is unit 1109?

2,597 sqft (241.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 1109 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 1109, Golden Mile 01

Starts from the last sale price (AED 4.65M, 28 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,650,000
Deposit, UAE resident (20%)
AED 930,000
Deposit, non-resident (40%)
AED 1,860,000
Monthly over 25 years at 3.7%
AED 19,025

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