1408, Golden Mile 01
Sold prices and rental history: sold twice, last in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Golden Mile 01
What is 1408 worth today?
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Source: Dubai Land Department. Updated 16 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,329 sqft
- Floor
- 4th of 7
- Parking
- Building 1-B3-68,73
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 51,600 /yr
- Last sold
- AED 2.6M · March 2010
- Building
- Golden Mile 01
About 1408, Golden Mile 01
1408 is a three-bedroom apartment of 3,329 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 28 March 2010 for AED 2,600,000, or AED 781 per sqft, 9% above the AED 715 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 16 October 2026, is AED 364,017 a year: a gross yield of 14.0% on the 2010 price, before the service charge of about AED 51,600 a year.
Sales and rents for 1408 over time
1408 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 01, and where 1408 sits
All 19 3-beds →1408 last sold in March 2010 at AED 781 per sqft, 9% above what three-beds in Golden Mile 01 were fetching at the time (AED 715). Over the last 12 months three-beds sold for AED 4,900,000, around AED 1,367 per sqft, and rent for AED 80,000 to 364,017 a year. 1408's AED 364,017 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Mar 202613 March 2026 | 3,583 sqft | 4,900,000 | 1,367 | ||
| 4 Nov 20254 November 2025 | 3,583 sqft | 5,200,000 | 1,451 | ||
| 24 Jun 202524 June 2025 | 3,329 sqft | 5,200,000 | 1,562 | ||
| 31 Oct 202431 October 2024 | 3,706 sqft | 4,600,000 | 1,241 |
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 | |
| 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 | |
| 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 |
1408, Golden Mile 01 in numbers
- Sold twice: first on 31 May 2004 for AED 2,200,000, last on 28 March 2010 for AED 2,600,000 (AED 781 per sqft).
- Rented since June 2013 on 14 Ejari contracts. The rent fell from AED 185,000 to AED 142,500 in 2021 and recovered to AED 364,017 by October 2026.
- At AED 364,017 a year the gross yield on the 2010 price is 14.0%, before a service charge of about AED 51,600 a year (AED 15.49 per sqft).
- Three-beds in Golden Mile 01 sold for AED 4,900,000–4,900,000 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 16 October 2026.
Questions about 1408, Golden Mile 01
What did unit 1408 last sell for?
AED 2,600,000 on 28 March 2010: AED 781 per sqft for 3,329 sqft. The unit has 2 registered sales; the first was AED 2,200,000 in May 2004.
What is the rent for unit 1408?
AED 364,017 a year on the contract renewed on 16 October 2026. The previous contract, from October 2025, was AED 380,000; the unit has been rented since June 2013.
How big is unit 1408?
3,329 sqft (309.3 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 01 sold for AED 4,900,000 to 4,900,000 in the last 12 months, around AED 1,367 per sqft.
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Mortgage on 1408, Golden Mile 01
Starts from the last sale price (AED 2.6M, 28 March 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →