1209, Golden Mile 01
Sold prices and rental history: sold once, by the developer in April 2012, 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 1209, Golden Mile 01
What is 1209 worth today?
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Source: Dubai Land Department. Updated 20 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,788 sqft
- Floor
- 2nd of 7
- Parking
- Building 1-B3-11
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,700 /yr
- Last sold
- AED 700K · April 2012
- Building
- Golden Mile 01
About 1209, Golden Mile 01
1209 is a two-bedroom apartment of 1,788 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 17 April 2012 for AED 700,000, or AED 391 per sqft, 13% below the AED 447 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 20 October 2025, is AED 152,228 a year: a gross yield of 21.8% on the 2012 price, before the service charge of about AED 27,700 a year.
Sales and rents for 1209 over time
1209 has sold once; 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 1209 sits
All 42 2-beds →1209 last sold in April 2012 at AED 391 per sqft, 13% below what two-beds in Golden Mile 01 were fetching at the time (AED 447). 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. 1209's AED 152,228 is in the lower half 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 | |
| 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 | ||
| 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 |
1209, Golden Mile 01 in numbers
- Sold once: by Souq Residences on 17 April 2012 for AED 700,000, or AED 391 per sqft.
- Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 100,000 in 2020 and recovered to AED 152,228 by October 2025.
- At AED 152,228 a year the gross yield on the 2012 price is 21.8%, before a service charge of about AED 27,700 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 October 2025.
Questions about 1209, Golden Mile 01
What did unit 1209 last sell for?
AED 700,000 on 17 April 2012, sold by the developer: AED 391 per sqft for 1,788 sqft. It is the only registered sale of the unit.
What is the rent for unit 1209?
AED 152,228 a year on the contract renewed on 20 October 2025. The previous contract, from October 2024, was AED 138,865; the unit has been rented since February 2015.
How big is unit 1209?
1,788 sqft (166.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 1209 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 1209, Golden Mile 01
Starts from the last sale price (AED 700K, 17 April 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →