1201, Golden Mile 01
Sold prices and rental history: sold twice, last in January 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Golden Mile 01
What is 1201 worth today?
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Source: Dubai Land Department. Updated 29 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,304 sqft
- Floor
- 2nd of 7
- Parking
- Building 1-B3-85
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.19M · January 2010
- Building
- Golden Mile 01
About 1201, Golden Mile 01
1201 is a one-bedroom apartment of 1,304 sqft on the 2nd floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 19 January 2010 for AED 1,190,000, or AED 912 per sqft, 20% above the AED 759 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 29 September 2026, is AED 115,000 a year: a gross yield of 9.7% on the 2010 price, before the service charge of about AED 20,200 a year.
Sales and rents for 1201 over time
1201 has sold twice; 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 1201 sits
All 17 1-beds →1201 last sold in January 2010 at AED 912 per sqft, 20% above what one-beds in Golden Mile 01 were fetching at the time (AED 759). 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. 1201's AED 115,000 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 2nd floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,799 sqft | AED 1.88MAED 1,880,000 · Feb 2022February 2022 | ||
| 1203 | 2-bed | 1,800 sqft | AED 600KAED 600,000 · Aug 2016August 2016 | 115,000 /yr | |
| 1204 | 1-bed | 1,307 sqft | AED 1.45MAED 1,450,000 · Jul 2022July 2022 | 140,000 /yr | |
| 1205 | 2-bed | 1,808 sqft | AED 2.05MAED 2,050,000 · Feb 2023February 2023 | 136,000 /yr | |
| 1206 | 1-bed | 1,288 sqft | AED 1.25MAED 1,250,000 · Mar 2017March 2017 | 100,000 /yr | |
| 1207 | 2-bed | 1,887 sqft | AED 1.88MAED 1,875,000 · Dec 2021December 2021 | 120,000 /yr | |
| 1208 | 3-bed | 3,329 sqft | AED 4.3MAED 4,300,000 · Nov 2014November 2014 | ||
| 1209 | 2-bed | 1,788 sqft | AED 700KAED 700,000 · Apr 2012April 2012 | 152,228 /yr | |
| 1210 | 2-bed | 1,794 sqft | AED 2.2MAED 2,200,000 · Apr 2016April 2016 | 160,000 /yr | |
| 1211 | 2-bed | 1,794 sqft | AED 2MAED 2,000,000 · Aug 2013August 2013 | 210,000 /yr | |
| 1212 | 3-bed | 2,421 sqft | AED 2.76MAED 2,760,000 · Aug 2022August 2022 | 163,938 /yr |
1201, Golden Mile 01 in numbers
- Sold twice: first on 25 May 2004 for AED 845,500, last on 19 January 2010 for AED 1,190,000 (AED 912 per sqft).
- Rented since September 2015 on 11 Ejari contracts. The rent fell from AED 113,000 to AED 70,000 in 2020 and recovered to AED 115,000 by September 2026.
- At AED 115,000 a year the gross yield on the 2010 price is 9.7%, before a service charge of about AED 20,200 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 29 September 2026.
Questions about 1201, Golden Mile 01
What did unit 1201 last sell for?
AED 1,190,000 on 19 January 2010: AED 912 per sqft for 1,304 sqft. The unit has 2 registered sales; the first was AED 845,500 in May 2004.
What is the rent for unit 1201?
AED 115,000 a year on the contract signed on 29 September 2026. The previous contract, from July 2025, was AED 125,000; the unit has been rented since September 2015.
How big is unit 1201?
1,304 sqft (121.1 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 1201 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 1201, Golden Mile 01
Starts from the last sale price (AED 1.19M, 19 January 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →