1303, Golden Mile 01
Sold prices and rental history: sold once, by the developer in May 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1303, Golden Mile 01
What is 1303 worth today?
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Source: Dubai Land Department. Updated 3 January 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,800 sqft
- Floor
- 3rd of 7
- Parking
- Building 1-B3-89
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.25M · May 2016
- Building
- Golden Mile 01
About 1303, Golden Mile 01
1303 is a two-bedroom apartment of 1,800 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 9 May 2016 for AED 1,250,000, or AED 694 per sqft, 43% below the AED 1,226 two-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 3 January 2019, is AED 135,000 a year: a gross yield of 10.8% on the 2016 price, before the service charge of about AED 27,900 a year.
Sales and rents for 1303 over time
1303 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 1303 sits
All 42 2-beds →1303 last sold in May 2016 at AED 694 per sqft, 43% below what two-beds in Golden Mile 01 were fetching at the time (AED 1,226). 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. 1303's AED 135,000 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 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 | |
| 1302 | 2-bed | 1,799 sqft | AED 1.25MAED 1,250,000 · May 2009May 2009 | 188,000 /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 |
1303, Golden Mile 01 in numbers
- Sold once: by Souq Residences on 9 May 2016 for AED 1,250,000, or AED 694 per sqft.
- Rented since September 2016 on 3 Ejari contracts, from AED 179,313 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2016 price is 10.8%, 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 3 January 2019.
Questions about 1303, Golden Mile 01
What did unit 1303 last sell for?
AED 1,250,000 on 9 May 2016, sold by the developer: AED 694 per sqft for 1,800 sqft. It is the only registered sale of the unit.
What is the rent for unit 1303?
AED 135,000 a year on the contract renewed on 3 January 2019. The previous contract, from January 2018, was AED 135,000; the unit has been rented since September 2016.
How big is unit 1303?
1,800 sqft (167.2 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 1303 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 1303, Golden Mile 01
Starts from the last sale price (AED 1.25M, 9 May 2016). 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 →