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1-bed · 1,307 sqftGolden Mile 01, Palm Jumeirah · 2nd floor · completed 2009

1204, Golden Mile 01

Sold prices and rental history: sold twice, last in July 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 27 April 2026
Last soldAED 1.45M28 July 2022
Current rentAED 140K /yr27 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1204, Golden Mile 01

What is 1204 worth today?

Last sold for AED 1,450,000 in 2022

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27 Apr 2026RentedRenewal
AED 140,000/yr12 months · AED 107 per sqft
27 Apr 2025RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
27 Apr 2025RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
28 Jul 2022SoldReady
AED 1,450,000AED 1,109 per sqft
13 May 2009Sold by developerOff-plan
AED 845,500AED 647 per sqft

Source: Dubai Land Department. Updated 27 April 2026.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
2nd of 7
Parking
Building 1-B3-34
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.45M · July 2022
Building
Golden Mile 01

About 1204, Golden Mile 01

1204 is a one-bedroom apartment of 1,307 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 28 July 2022 for AED 1,450,000, or AED 1,109 per sqft.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 27 April 2026, is AED 140,000 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 20,200 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, 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 845,500 (AED 647 per sqft)Sold, July 2022: AED 1,450,000 (AED 1,109 per sqft)

1204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Golden Mile 01
100K150K2014201820222026Typical 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 2025: AED 140,000 a yearNew contract, April 2025: AED 140,000 a yearRenewal, April 2026: AED 140,000 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 1204 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. 1204's AED 140,000 is in the upper half 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 2nd floor

All 85 units in Golden Mile 01
Value
12011-bedAED 1.19M · Jan 2010
12022-bedAED 1.88M · Feb 2022
12032-bedAED 600K · Aug 2016
12052-bedAED 2.05M · Feb 2023
12061-bedAED 1.25M · Mar 2017
12072-bedAED 1.88M · Dec 2021
12083-bedAED 4.3M · Nov 2014
1–7 of 11

1204, Golden Mile 01 in numbers

  • Sold twice: first on 13 May 2009 for AED 845,500, last on 28 July 2022 for AED 1,450,000 (AED 1,109 per sqft).
  • Rented since April 2025 on 3 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 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 27 April 2026.

Questions about 1204, Golden Mile 01

What did unit 1204 last sell for?

AED 1,450,000 on 28 July 2022: AED 1,109 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 845,500 in May 2009.

What is the rent for unit 1204?

AED 140,000 a year on the contract renewed on 27 April 2026. The previous contract, from April 2025, was AED 140,000; the unit has been rented since April 2025.

How big is unit 1204?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 1204 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 1204, Golden Mile 01

Starts from the last sale price (AED 1.45M, 28 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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