1111, Golden Mile 01
Sold prices and rental history: sold twice, last in May 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1111, Golden Mile 01
What is 1111 worth today?
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Source: Dubai Land Department. Updated 4 May 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 2,604 sqft
- Floor
- 1st of 7
- Parking
- Building 1-B3-57
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 40,300 /yr
- Last sold
- AED 1.55M · May 2017
- Building
- Golden Mile 01
About 1111, Golden Mile 01
1111 is a two-bedroom apartment of 2,604 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 4 May 2017 for AED 1,550,000, or AED 595 per sqft, 14% above the AED 520 two-beds in the building were fetching at the time.
It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 18 February 2016, is AED 165,000 a year: a gross yield of 10.7% on the 2017 price, before the service charge of about AED 40,300 a year.
Sales and rents for 1111 over time
1111 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1111 sits
All 42 2-beds →1111 last sold in May 2017 at AED 595 per sqft, 14% above what two-beds in Golden Mile 01 were fetching at the time (AED 520). 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. 1111's AED 165,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Jan 20265 January 2026 | 2,097 sqft | 3,475,000 | 1,657 | ||
| 28 Nov 202528 November 2025 | 1,794 sqft | 4,000,000 | 2,229 | ||
| 3 Sep 20253 September 2025 | 2,097 sqft | 2,900,000 | 1,383 | ||
| 17 Jun 202517 June 2025 | 1,808 sqft | 3,300,000 | 1,825 |
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 | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 1,496 sqft | AED 1.55MAED 1,550,000 · Jun 2016June 2016 | 120,701 /yr | |
| 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 | |
| 1112 | 3-bed | 3,432 sqft | AED 3.7MAED 3,700,000 · Mar 2014March 2014 |
1111, Golden Mile 01 in numbers
- Sold twice: first on 19 May 2009 for AED 1,440,000, last on 4 May 2017 for AED 1,550,000 (AED 595 per sqft).
- Rented since February 2014 on 2 Ejari contracts, from AED 160,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2017 price is 10.7%, before a service charge of about AED 40,300 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 4 May 2017.
Questions about 1111, Golden Mile 01
What did unit 1111 last sell for?
AED 1,550,000 on 4 May 2017: AED 595 per sqft for 2,604 sqft. The unit has 2 registered sales; the first was AED 1,440,000 in May 2009.
What is the rent for unit 1111?
AED 165,000 a year on the contract signed on 18 February 2016. The previous contract, from February 2014, was AED 160,000.
How big is unit 1111?
2,604 sqft (241.9 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 1111 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 1111, Golden Mile 01
Starts from the last sale price (AED 1.55M, 4 May 2017). 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 →