1212, Golden Mile 01
Sold prices and rental history: sold 4 times, last in August 2022, 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 1212, Golden Mile 01
What is 1212 worth today?
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Source: Dubai Land Department. Updated 10 August 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,421 sqft
- Floor
- 2nd of 7
- Parking
- Building 1-B3-41
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 37,500 /yr
- Last sold
- AED 2.76M · August 2022
- Building
- Golden Mile 01
About 1212, Golden Mile 01
1212 is a three-bedroom apartment of 2,421 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 10 August 2022 for AED 2,760,000, or AED 1,139 per sqft.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 20 July 2022, is AED 163,938 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 37,500 a year.
Sales and rents for 1212 over time
1212 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 01, and where 1212 sits
All 19 3-beds →Over the last 12 months three-beds sold for AED 4,900,000, around AED 1,367 per sqft, and rent for AED 80,000 to 364,017 a year. 1212's AED 163,938 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Mar 202613 March 2026 | 3,583 sqft | 4,900,000 | 1,367 | ||
| 4 Nov 20254 November 2025 | 3,583 sqft | 5,200,000 | 1,451 | ||
| 24 Jun 202524 June 2025 | 3,329 sqft | 5,200,000 | 1,562 | ||
| 31 Oct 202431 October 2024 | 3,706 sqft | 4,600,000 | 1,241 |
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 | ||
| 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, Golden Mile 01 in numbers
- Sold 4 times: first on 19 May 2009 for AED 1,800,000, last on 10 August 2022 for AED 2,760,000 (AED 1,139 per sqft).
- Rented since November 2016 on 6 Ejari contracts, from AED 170,000 to AED 163,938 a year.
- At AED 163,938 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 37,500 a year (AED 15.49 per sqft).
- Three-beds in Golden Mile 01 sold for AED 4,900,000–4,900,000 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 10 August 2022.
Questions about 1212, Golden Mile 01
What did unit 1212 last sell for?
AED 2,760,000 on 10 August 2022: AED 1,139 per sqft for 2,421 sqft. The unit has 4 registered sales; the first was AED 1,800,000 in May 2009.
What is the rent for unit 1212?
AED 163,938 a year on the contract renewed on 20 July 2022. The previous contract, from July 2021, was AED 152,500; the unit has been rented since November 2016.
How big is unit 1212?
2,421 sqft (224.9 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 1212 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 01 sold for AED 4,900,000 to 4,900,000 in the last 12 months, around AED 1,367 per sqft.
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Mortgage on 1212, Golden Mile 01
Starts from the last sale price (AED 2.76M, 10 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,760,000
- Deposit, UAE resident (20%)
- AED 552,000
- Deposit, non-resident (40%)
- AED 1,104,000
- Monthly over 25 years at 3.7%
- AED 11,292
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →