1307, Golden Mile 01
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1307, Golden Mile 01
What is 1307 worth today?
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Source: Dubai Land Department. Updated 28 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,887 sqft
- Floor
- 3rd of 7
- Parking
- Building 1-B3-32
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.05M · May 2009
- Building
- Golden Mile 01
About 1307, Golden Mile 01
1307 is a two-bedroom apartment of 1,887 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 1,050,000, or AED 556 per sqft, 6% below the AED 594 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 28 November 2025, is AED 148,500 a year: a gross yield of 14.1% on the 2009 price, before the service charge of about AED 29,200 a year.
Sales and rents for 1307 over time
1307 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 1307 sits
All 42 2-beds →1307 last sold in May 2009 at AED 556 per sqft, 6% below 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. 1307's AED 148,500 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 | |
| 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 | |
| 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 |
1307, Golden Mile 01 in numbers
- Sold once: by Souq Residences on 13 May 2009 for AED 1,050,000, or AED 556 per sqft.
- Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2020 and recovered to AED 148,500 by November 2025.
- At AED 148,500 a year the gross yield on the 2009 price is 14.1%, before a service charge of about AED 29,200 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 28 November 2025.
Questions about 1307, Golden Mile 01
What did unit 1307 last sell for?
AED 1,050,000 on 13 May 2009, sold by the developer: AED 556 per sqft for 1,887 sqft. It is the only registered sale of the unit.
What is the rent for unit 1307?
AED 148,500 a year on the contract renewed on 28 November 2025. The previous contract, from November 2024, was AED 135,000; the unit has been rented since March 2015.
How big is unit 1307?
1,887 sqft (175.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 1307 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 1307, Golden Mile 01
Starts from the last sale price (AED 1.05M, 13 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →