1206, Golden Mile 01
Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Golden Mile 01
What is 1206 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 2nd of 7
- Parking
- Building 1-B3-83
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 874K · March 2017
- Building
- Golden Mile 01
About 1206, Golden Mile 01
1206 is a one-bedroom apartment of 1,288 sqft on the 2nd floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 19 March 2017 for AED 874,000, or AED 678 per sqft, 32% below the AED 1,003 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 100,000 a year: a gross yield of 11.4% on the 2017 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1206 over time
1206 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 1206 sits
All 17 1-beds →1206 last sold in March 2017 at AED 678 per sqft, 32% below what one-beds in Golden Mile 01 were fetching at the time (AED 1,003). 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. 1206's AED 100,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 1205 | 2-bed | 1,808 sqft | AED 2.05MAED 2,050,000 · Feb 2023February 2023 | 136,000 /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 |
1206, Golden Mile 01 in numbers
- Sold twice: first on 19 March 2017 for AED 1,250,000, last on 19 March 2017 for AED 874,000 (AED 678 per sqft).
- Rented since June 2022 on 6 Ejari contracts, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2017 price is 11.4%, before a service charge of about AED 20,000 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 1 June 2026.
Questions about 1206, Golden Mile 01
What did unit 1206 last sell for?
AED 874,000 on 19 March 2017, sold by the developer: AED 678 per sqft for 1,288 sqft. The unit has 2 registered sales; the first was AED 1,250,000 in March 2017.
What is the rent for unit 1206?
AED 100,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 120,000; the unit has been rented since June 2022.
How big is unit 1206?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 1206 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 1206, Golden Mile 01
Starts from the last sale price (AED 874K, 19 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 874,000
- Deposit, UAE resident (20%)
- AED 174,800
- Deposit, non-resident (40%)
- AED 349,600
- Monthly over 25 years at 3.7%
- AED 3,576
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →