1207, Golden Mile 01
Sold prices and rental history: sold twice, last in December 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1207, Golden Mile 01
What is 1207 worth today?
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Source: Dubai Land Department. Updated 20 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,887 sqft
- Floor
- 2nd of 7
- Parking
- Building 1-B3-80,81
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.88M · December 2021
- Building
- Golden Mile 01
About 1207, Golden Mile 01
1207 is a two-bedroom apartment of 1,887 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 20 December 2021 for AED 1,875,000, or AED 993 per sqft.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 120,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 29,200 a year.
Sales and rents for 1207 over time
1207 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 1207 sits
All 42 2-beds →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. 1207's AED 120,000 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 | |
| 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 | |
| 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 |
1207, Golden Mile 01 in numbers
- Sold twice: first on 13 May 2009 for AED 950,000, last on 20 December 2021 for AED 1,875,000 (AED 993 per sqft).
- Rented since August 2016 on 6 Ejari contracts, from AED 144,500 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 6.4%, before a service charge of about AED 29,200 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 20 December 2021.
Questions about 1207, Golden Mile 01
What did unit 1207 last sell for?
AED 1,875,000 on 20 December 2021: AED 993 per sqft for 1,887 sqft. The unit has 2 registered sales; the first was AED 950,000 in May 2009.
What is the rent for unit 1207?
AED 120,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 120,000; the unit has been rented since August 2016.
How big is unit 1207?
1,887 sqft (175.3 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 1207 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 1207, Golden Mile 01
Starts from the last sale price (AED 1.88M, 20 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,875,000
- Deposit, UAE resident (20%)
- AED 375,000
- Deposit, non-resident (40%)
- AED 750,000
- Monthly over 25 years at 3.7%
- AED 7,671
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →