2-bed · 1,808 sqftGolden Mile 01, Palm Jumeirah · 3rd floor · completed 2009

1305, Golden Mile 01

Sold prices and rental history: sold twice, last in March 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 6 March 2011
Last soldAED 1.45M6 March 2011
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Golden Mile 01

What is 1305 worth today?

Last sold for AED 1,450,000 in 2011

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6 Mar 2011SoldOff-plan
AED 1,450,000AED 802 per sqft
13 May 2009Sold by developerOff-plan
AED 1,200,000AED 663 per sqft

Source: Dubai Land Department. Updated 6 March 2011.

Key facts

Type
2-bed apartment
Size
1,808 sqft
Floor
3rd of 7
Parking
Building 1-B3-121
Developer
Souq Residences
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.45M · March 2011

About 1305, Golden Mile 01

1305 is a two-bedroom apartment of 1,808 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 6 March 2011 for AED 1,450,000, or AED 802 per sqft, in line with the AED 802 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical two-bed in Golden Mile 01
2M2004201020162022Typical sale price by year: 2004 AED 1,211,250; 2009 AED 1,400,000; 2010 AED 1,600,000; 2012 AED 1,100,000; 2013 AED 1,950,000; 2016 AED 1,025,000; 2018 AED 1,400,000; 2022 AED 1,950,000; 2023 AED 2,725,000; 2025 AED 3,300,000Sold by developer, May 2009: AED 1,200,000 (AED 663 per sqft)Sold, March 2011: AED 1,450,000 (AED 802 per sqft)

1305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, each contractTypical two-bed in Golden Mile 01
100K150K200K2014201820222026Typical rent by year: 2014 AED 150,000; 2015 AED 151,000; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 135,000; 2019 AED 115,750; 2020 AED 95,000; 2021 AED 103,750; 2022 AED 117,250; 2023 AED 130,000; 2024 AED 170,000; 2025 AED 200,000; 2026 AED 165,000

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 1305 sits

All 42 2-beds →

1305 last sold in March 2011 at AED 802 per sqft, in line with what two-beds in Golden Mile 01 were fetching at the time (AED 802). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jan 20263,475,000
28 Nov 20254,000,000
3 Sep 20252,900,000
17 Jun 20253,300,000
2 2-bed sales 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
13011-bedAED 1.08M · Apr 2012
13022-bedAED 1.25M · May 2009
13032-bedAED 1.25M · May 2016
13041-bedAED 1.41M · May 2022
13061-bedAED 1.73M · Jun 2023
13072-bedAED 1.05M · May 2009
13083-bedAED 5M · Nov 2023
1–7 of 11

1305, Golden Mile 01 in numbers

  • Sold twice: first on 13 May 2009 for AED 1,200,000, last on 6 March 2011 for AED 1,450,000 (AED 802 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 6 March 2011.

Questions about 1305, Golden Mile 01

What did unit 1305 last sell for?

AED 1,450,000 on 6 March 2011: AED 802 per sqft for 1,808 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in May 2009.

How big is unit 1305?

1,808 sqft (168.0 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 1305 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 1305, Golden Mile 01

Starts from the last sale price (AED 1.45M, 6 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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