1205, Golden Mile 01
Sold prices and rental history: sold 3 times, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1205, Golden Mile 01
What is 1205 worth today?
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Source: Dubai Land Department. Updated 27 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,808 sqft
- Floor
- 2nd of 7
- Parking
- Building 1-B3-120
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,000 /yr
- Last sold
- AED 2.05M · February 2023
- Building
- Golden Mile 01
About 1205, Golden Mile 01
1205 is a two-bedroom apartment of 1,808 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 27 February 2023 for AED 2,050,000, or AED 1,134 per sqft, in line with the AED 1,114 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 13 September 2022, is AED 136,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 28,000 a year.
Sales and rents for 1205 over time
1205 has sold 3 times; 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 1205 sits
All 42 2-beds →1205 last sold in February 2023 at AED 1,134 per sqft, in line with what two-beds in Golden Mile 01 were fetching at the time (AED 1,114). 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. 1205's AED 136,000 is at the bottom 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 2nd floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 1,304 sqft | AED 1.19MAED 1,190,000 · Jan 2010January 2010 | 115,000 /yr | |
| 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 | |
| 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 |
1205, Golden Mile 01 in numbers
- Sold 3 times: first on 24 March 2008 for AED 1,092,500, last on 27 February 2023 for AED 2,050,000 (AED 1,134 per sqft).
- Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 118,000 to AED 80,000 in 2020 and recovered to AED 136,000 by September 2022.
- At AED 136,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 28,000 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 27 February 2023.
Questions about 1205, Golden Mile 01
What did unit 1205 last sell for?
AED 2,050,000 on 27 February 2023: AED 1,134 per sqft for 1,808 sqft. The unit has 3 registered sales; the first was AED 1,092,500 in March 2008.
What is the rent for unit 1205?
AED 136,000 a year on the contract signed on 13 September 2022. The previous contract, from September 2021, was AED 92,000; the unit has been rented since March 2019.
How big is unit 1205?
1,808 sqft (168.0 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 1205 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 1205, Golden Mile 01
Starts from the last sale price (AED 2.05M, 27 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →