1401, 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 1401, Golden Mile 01
What is 1401 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,304 sqft
- Floor
- 4th of 7
- Parking
- Building 1-B3-17
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 990K · May 2009
- Building
- Golden Mile 01
About 1401, Golden Mile 01
1401 is a one-bedroom apartment of 1,304 sqft on the 4th floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 19 May 2009 for AED 990,000, or AED 759 per sqft, in line with the AED 758 one-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 15 November 2025, is AED 130,000 a year: a gross yield of 13.1% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 1401 over time
1401 has sold once; the dashed line is the one-bed median of each year in the building.
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 1401 sits
All 17 1-beds →1401 last sold in May 2009 at AED 759 per sqft, in line with what one-beds in Golden Mile 01 were fetching at the time (AED 758). 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. 1401's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Apr 20268 April 2026 | 1,288 sqft | 2,800,000 | 2,173 | ||
| 10 Feb 202510 February 2025 | 1,409 sqft | 1,700,000 | 1,206 | ||
| 22 Jun 202322 June 2023 | 1,288 sqft | 1,730,000 | 1,342 | ||
| 23 Jan 202323 January 2023 | 1,288 sqft | 1,565,000 | 1,214 |
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 4th floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1402 | 2-bed | 1,799 sqft | AED 2.75MAED 2,750,000 · Jul 2024July 2024 | 170,000 /yr | |
| 1403 | 2-bed | 1,800 sqft | AED 3.1MAED 3,100,000 · Jan 2025January 2025 | 170,000 /yr | |
| 1404 | 1-bed | 1,307 sqft | AED 900KAED 900,000 · Jan 2018January 2018 | 110,000 /yr | |
| 1405 | 2-bed | 1,808 sqft | AED 3.3MAED 3,300,000 · Jun 2025June 2025 | 185,329 /yr | |
| 1406 | 1-bed | 1,288 sqft | AED 1MAED 1,000,000 · Jan 2018January 2018 | 115,000 /yr | |
| 1407 | 2-bed | 1,887 sqft | AED 1.4MAED 1,400,000 · Apr 2012April 2012 | 155,000 /yr | |
| 1408 | 3-bed | 3,329 sqft | AED 2.6MAED 2,600,000 · Mar 2010March 2010 | 364,017 /yr | |
| 1409 | 2-bed | 1,788 sqft | AED 1.5MAED 1,500,000 · May 2009May 2009 | 150,000 /yr | |
| 1410 | 2-bed | 1,794 sqft | AED 2.3MAED 2,300,000 · Mar 2023March 2023 | 125,000 /yr | |
| 1411 | 2-bed | 1,794 sqft | AED 1.5MAED 1,500,000 · May 2009May 2009 | 160,000 /yr | |
| 1412 | 3-bed | 2,421 sqft | AED 3.4MAED 3,400,000 · Apr 2023April 2023 | 161,700 /yr |
1401, Golden Mile 01 in numbers
- Sold once: by Souq Residences on 19 May 2009 for AED 990,000, or AED 759 per sqft.
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 115,000 to AED 72,000 in 2021 and recovered to AED 130,000 by November 2025.
- At AED 130,000 a year the gross yield on the 2009 price is 13.1%, 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 15 November 2025.
Questions about 1401, Golden Mile 01
What did unit 1401 last sell for?
AED 990,000 on 19 May 2009, sold by the developer: AED 759 per sqft for 1,304 sqft. It is the only registered sale of the unit.
What is the rent for unit 1401?
AED 130,000 a year on the contract signed on 15 November 2025. The previous contract, from September 2023, was AED 90,000; the unit has been rented since August 2014.
How big is unit 1401?
1,304 sqft (121.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 1401 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 1401, Golden Mile 01
Starts from the last sale price (AED 990K, 19 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 990,000
- Deposit, UAE resident (20%)
- AED 198,000
- Deposit, non-resident (40%)
- AED 396,000
- Monthly over 25 years at 3.7%
- AED 4,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →