1302, Golden Mile 01
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1302, Golden Mile 01
What is 1302 worth today?
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Source: Dubai Land Department. Updated 16 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,799 sqft
- Floor
- 3rd of 7
- Parking
- Building 1-B3-58
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.25M · May 2009
- Building
- Golden Mile 01
About 1302, Golden Mile 01
1302 is a two-bedroom apartment of 1,799 sqft on the 3rd floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 13 May 2009 for AED 1,250,000, or AED 694 per sqft, 17% above the AED 594 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 16 January 2026, is AED 188,000 a year: a gross yield of 15.0% on the 2009 price, before the service charge of about AED 27,900 a year.
Sales and rents for 1302 over time
1302 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 1302 sits
All 42 2-beds →1302 last sold in May 2009 at AED 694 per sqft, 17% above what two-beds in Golden Mile 01 were fetching at the time (AED 594). 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. 1302's AED 188,000 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 3rd floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 1,304 sqft | AED 1.08MAED 1,080,000 · Apr 2012April 2012 | 135,000 /yr | |
| 1303 | 2-bed | 1,800 sqft | AED 1.25MAED 1,250,000 · May 2016May 2016 | 135,000 /yr | |
| 1304 | 1-bed | 1,307 sqft | AED 1.41MAED 1,410,000 · May 2022May 2022 | 80,000 /yr | |
| 1305 | 2-bed | 1,808 sqft | AED 1.45MAED 1,450,000 · Mar 2011March 2011 | ||
| 1306 | 1-bed | 1,288 sqft | AED 1.73MAED 1,730,000 · Jun 2023June 2023 | 78,750 /yr | |
| 1307 | 2-bed | 1,887 sqft | AED 1.05MAED 1,050,000 · May 2009May 2009 | 148,500 /yr | |
| 1308 | 3-bed | 3,329 sqft | AED 5MAED 5,000,000 · Nov 2023November 2023 | 161,572 /yr | |
| 1309 | 2-bed | 1,788 sqft | AED 1.55MAED 1,550,000 · Apr 2019April 2019 | 150,000 /yr | |
| 1310 | 2-bed | 1,794 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 210,000 /yr | |
| 1311 | 2-bed | 1,794 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 | 140,000 /yr | |
| 1312 | 3-bed | 2,421 sqft | AED 3.4MAED 3,400,000 · Mar 2023March 2023 | 150,000 /yr |
1302, Golden Mile 01 in numbers
- Sold once: by Souq Residences on 13 May 2009 for AED 1,250,000, or AED 694 per sqft.
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 188,000 by January 2026.
- At AED 188,000 a year the gross yield on the 2009 price is 15.0%, before a service charge of about AED 27,900 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 16 January 2026.
Questions about 1302, Golden Mile 01
What did unit 1302 last sell for?
AED 1,250,000 on 13 May 2009, sold by the developer: AED 694 per sqft for 1,799 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 188,000 a year on the contract signed on 16 January 2026. The previous contract, from November 2024, was AED 170,000; the unit has been rented since August 2014.
How big is unit 1302?
1,799 sqft (167.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 1302 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 1302, Golden Mile 01
Starts from the last sale price (AED 1.25M, 13 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →