1406, Golden Mile 01
Sold prices and rental history: sold twice, last in January 2018, 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 1406, Golden Mile 01
What is 1406 worth today?
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Source: Dubai Land Department. Updated 8 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 4th of 7
- Parking
- Building 1-B3-72
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1M · January 2018
- Building
- Golden Mile 01
About 1406, Golden Mile 01
1406 is a one-bedroom apartment of 1,288 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 14 January 2018 for AED 1,000,000, or AED 776 per sqft, 11% below the AED 873 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 8 October 2026, is AED 115,000 a year: a gross yield of 11.5% on the 2018 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1406 over time
1406 has sold twice; 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 1406 sits
All 17 1-beds →1406 last sold in January 2018 at AED 776 per sqft, 11% below what one-beds in Golden Mile 01 were fetching at the time (AED 873). 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. 1406's AED 115,000 is in the lower 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 | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 1,304 sqft | AED 990KAED 990,000 · May 2009May 2009 | 130,000 /yr | |
| 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 | |
| 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 |
1406, Golden Mile 01 in numbers
- Sold twice: first on 19 May 2009 for AED 1,020,000, last on 14 January 2018 for AED 1,000,000 (AED 776 per sqft).
- Rented since October 2014 on 14 Ejari contracts. The rent fell from AED 95,287 to AED 75,000 in 2021 and recovered to AED 115,000 by October 2026.
- At AED 115,000 a year the gross yield on the 2018 price is 11.5%, before a service charge of about AED 20,000 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 8 October 2026.
Questions about 1406, Golden Mile 01
What did unit 1406 last sell for?
AED 1,000,000 on 14 January 2018: AED 776 per sqft for 1,288 sqft. The unit has 2 registered sales; the first was AED 1,020,000 in May 2009.
What is the rent for unit 1406?
AED 115,000 a year on the contract signed on 8 October 2026. The previous contract, from September 2026, was AED 120,750; the unit has been rented since October 2014.
How big is unit 1406?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 1406 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 1406, Golden Mile 01
Starts from the last sale price (AED 1M, 14 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →