1402, Golden Mile 01
Sold prices and rental history: sold 4 times, last in July 2024, 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 1402, Golden Mile 01
What is 1402 worth today?
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Source: Dubai Land Department. Updated 12 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,799 sqft
- Floor
- 4th of 7
- Parking
- Building 1-B3-93
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.75M · July 2024
- Building
- Golden Mile 01
About 1402, Golden Mile 01
1402 is a two-bedroom apartment of 1,799 sqft on the 4th floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 2 July 2024 for AED 2,750,000, or AED 1,528 per sqft, in line with the AED 1,555 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 12 June 2026, is AED 170,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 27,900 a year.
Sales and rents for 1402 over time
1402 has sold 4 times; 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 1402 sits
All 42 2-beds →1402 last sold in July 2024 at AED 1,528 per sqft, in line with what two-beds in Golden Mile 01 were fetching at the time (AED 1,555). 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. 1402's AED 170,000 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 4th floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 1,304 sqft | AED 990KAED 990,000 · May 2009May 2009 | 130,000 /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 |
1402, Golden Mile 01 in numbers
- Sold 4 times: first on 7 July 2009 for AED 1,235,000, last on 2 July 2024 for AED 2,750,000 (AED 1,528 per sqft).
- Rented since March 2015 on 13 Ejari contracts. The rent fell from AED 152,000 to AED 100,000 in 2021 and recovered to AED 170,000 by June 2026.
- At AED 170,000 a year the gross yield on the 2024 price is 6.2%, 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 12 June 2026.
Questions about 1402, Golden Mile 01
What did unit 1402 last sell for?
AED 2,750,000 on 2 July 2024: AED 1,528 per sqft for 1,799 sqft. The unit has 4 registered sales; the first was AED 1,235,000 in July 2009.
What is the rent for unit 1402?
AED 170,000 a year on the contract renewed on 12 June 2026. The previous contract, from June 2025, was AED 190,000; the unit has been rented since March 2015.
How big is unit 1402?
1,799 sqft (167.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 1402 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 1402, Golden Mile 01
Starts from the last sale price (AED 2.75M, 2 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →