2-bed · 1,800 sqftGolden Mile 01, Palm Jumeirah · 4th floor · completed 2009

1403, Golden Mile 01

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 24 January 2025
Last soldAED 3.1M24 January 2025
Current rentAED 170K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Golden Mile 01

What is 1403 worth today?

Last sold for AED 3,100,000 in 2025

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24 Jan 2025SoldReady
AED 3,100,000AED 1,722 per sqft
28 Aug 2024RentedRenewal
AED 170,000/yr12 months · AED 94 per sqft
28 Aug 2023RentedRenewal
AED 140,000/yr12 months · AED 78 per sqft
28 Aug 2022RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
25 Apr 2022SoldReady
AED 1,850,000AED 1,027 per sqft
28 Aug 2021RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
28 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
28 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 24 January 2025.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
4th of 7
Parking
Building 1-B3-92
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 3.1M · January 2025

About 1403, Golden Mile 01

1403 is a two-bedroom apartment of 1,800 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 24 January 2025 for AED 3,100,000, or AED 1,722 per sqft, in line with the AED 1,722 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 28 August 2024, is AED 170,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 27,900 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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 2004: AED 1,235,000 (AED 686 per sqft)Sold, June 2009: AED 1,235,000 (AED 686 per sqft)Sold, April 2022: AED 1,850,000 (AED 1,027 per sqft)Sold, January 2025: AED 3,100,000 (AED 1,722 per sqft)

1403 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1403, 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 165,000New contract, June 2014: AED 140,000 a yearNew contract, June 2016: AED 140,100 a yearRenewal, October 2016: AED 140,002 a yearRenewal, June 2017: AED 140,000 a yearNew contract, September 2018: AED 120,000 a yearNew contract, August 2019: AED 110,000 a yearRenewal, August 2020: AED 90,000 a yearRenewal, August 2021: AED 95,000 a yearNew contract, August 2022: AED 115,000 a yearRenewal, August 2023: AED 140,000 a yearRenewal, August 2024: AED 170,000 a year

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 1403 sits

All 42 2-beds →

1403 last sold in January 2025 at AED 1,722 per sqft, in line with what two-beds in Golden Mile 01 were fetching at the time (AED 1,722). 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. 1403's AED 170,000 is in the lower half of that range.

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 4th floor

All 85 units in Golden Mile 01
Value
14011-bedAED 990K · May 2009
14022-bedAED 2.75M · Jul 2024
14041-bedAED 900K · Jan 2018
14052-bedAED 3.3M · Jun 2025
14061-bedAED 1M · Jan 2018
14072-bedAED 1.4M · Apr 2012
14083-bedAED 2.6M · Mar 2010
1–7 of 11

1403, Golden Mile 01 in numbers

  • Sold 4 times: first on 6 May 2004 for AED 1,235,000, last on 24 January 2025 for AED 3,100,000 (AED 1,722 per sqft).
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 90,000 in 2020 and recovered to AED 170,000 by August 2024.
  • At AED 170,000 a year the gross yield on the 2025 price is 5.5%, 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 24 January 2025.

Questions about 1403, Golden Mile 01

What did unit 1403 last sell for?

AED 3,100,000 on 24 January 2025: AED 1,722 per sqft for 1,800 sqft. The unit has 4 registered sales; the first was AED 1,235,000 in May 2004.

What is the rent for unit 1403?

AED 170,000 a year on the contract renewed on 28 August 2024. The previous contract, from August 2023, was AED 140,000; the unit has been rented since June 2014.

How big is unit 1403?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 1403 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 1403, Golden Mile 01

Starts from the last sale price (AED 3.1M, 24 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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