1-bed · 1,304 sqftGolden Mile 01, Palm Jumeirah · 3rd floor · completed 2009

1301, Golden Mile 01

Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 13 October 2026
Last soldAED 1.08M24 April 2012
Current rentAED 135K /yr13 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Golden Mile 01

What is 1301 worth today?

Last sold for AED 1,080,000 in 2012

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13 Oct 2026RentedRenewal
AED 135,000/yr12 months · AED 104 per sqft
13 Oct 2025RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
15 Jan 2024RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft
15 Jan 2023RentedRenewal
AED 95,000/yr12 months · AED 73 per sqft
15 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
6 Jan 2021RentedRenewal
AED 72,000/yr12 months · AED 55 per sqft
6 Jan 2020RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
6 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 13 October 2026.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
3rd of 7
Parking
Building 1-B3-18
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.08M · April 2012

About 1301, Golden Mile 01

1301 is a one-bedroom apartment of 1,304 sqft on the 3rd floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 24 April 2012 for AED 1,080,000, or AED 828 per sqft, 24% above the AED 668 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 13 October 2026, is AED 135,000 a year: a gross yield of 12.5% on the 2012 price, before the service charge of about AED 20,200 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical one-bed in Golden Mile 01
1M1.5M2009201320172021Typical sale price by year: 2009 AED 990,000; 2012 AED 1,000,000; 2013 AED 1,325,000; 2016 AED 1,550,000; 2017 AED 1,350,000; 2018 AED 1,000,000; 2022 AED 1,450,000Sold by developer, May 2009: AED 940,000 (AED 720 per sqft)Sold, April 2012: AED 1,080,000 (AED 828 per sqft)

1301 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1301, each contractTypical one-bed in Golden Mile 01
100K2014201820222026Typical rent by year: 2014 AED 100,000; 2015 AED 115,000; 2016 AED 120,000; 2017 AED 112,500; 2018 AED 96,481; 2019 AED 85,000; 2020 AED 77,846; 2021 AED 75,000; 2022 AED 87,500; 2023 AED 115,000; 2024 AED 119,321; 2025 AED 125,000; 2026 AED 120,750New contract, January 2017: AED 115,000 a yearRenewal, January 2018: AED 110,000 a yearRenewal, January 2019: AED 90,000 a yearRenewal, January 2020: AED 85,000 a yearRenewal, January 2021: AED 72,000 a yearNew contract, January 2022: AED 85,000 a yearRenewal, January 2023: AED 95,000 a yearRenewal, January 2024: AED 100,000 a yearNew contract, October 2025: AED 135,000 a yearRenewal, October 2026: AED 135,000 a year

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 1301 sits

All 17 1-beds →

1301 last sold in April 2012 at AED 828 per sqft, 24% above what one-beds in Golden Mile 01 were fetching at the time (AED 668). 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. 1301's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Apr 20262,800,000
10 Feb 20251,700,000
22 Jun 20231,730,000
23 Jan 20231,565,000
1 1-bed sale in the last 12 months

Golden Mile 01

Building

85 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%
Golden Mile 01, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 85 units in Golden Mile 01
Value
13022-bedAED 1.25M · May 2009
13032-bedAED 1.25M · May 2016
13041-bedAED 1.41M · May 2022
13052-bedAED 1.45M · Mar 2011
13061-bedAED 1.73M · Jun 2023
13072-bedAED 1.05M · May 2009
13083-bedAED 5M · Nov 2023
1–7 of 11

1301, Golden Mile 01 in numbers

  • Sold twice: first on 13 May 2009 for AED 940,000, last on 24 April 2012 for AED 1,080,000 (AED 828 per sqft).
  • Rented since January 2017 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 72,000 in 2021 and recovered to AED 135,000 by October 2026.
  • At AED 135,000 a year the gross yield on the 2012 price is 12.5%, before a service charge of about AED 20,200 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 13 October 2026.

Questions about 1301, Golden Mile 01

What did unit 1301 last sell for?

AED 1,080,000 on 24 April 2012: AED 828 per sqft for 1,304 sqft. The unit has 2 registered sales; the first was AED 940,000 in May 2009.

What is the rent for unit 1301?

AED 135,000 a year on the contract renewed on 13 October 2026. The previous contract, from October 2025, was AED 135,000; the unit has been rented since January 2017.

How big is unit 1301?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 1301 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 1301, Golden Mile 01

Starts from the last sale price (AED 1.08M, 24 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →