1409, Golden Mile 01
Sold prices and rental history: sold once, by the developer in May 2009, 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 1409, Golden Mile 01
What is 1409 worth today?
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Source: Dubai Land Department. Updated 18 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,788 sqft
- Floor
- 4th of 7
- Parking
- Building 1-B3-37
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,700 /yr
- Last sold
- AED 1.5M · May 2009
- Building
- Golden Mile 01
About 1409, Golden Mile 01
1409 is a two-bedroom apartment of 1,788 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 1,500,000, or AED 839 per sqft, 8% above the AED 777 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 18 August 2026, is AED 150,000 a year: a gross yield of 10.0% on the 2009 price, before the service charge of about AED 27,700 a year.
Sales and rents for 1409 over time
1409 has sold once; 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 1409 sits
All 42 2-beds →1409 last sold in May 2009 at AED 839 per sqft, 8% above what two-beds in Golden Mile 01 were fetching at the time (AED 777). 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. 1409's AED 150,000 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 | |
| 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 | |
| 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 |
1409, Golden Mile 01 in numbers
- Sold once: by Souq Residences on 19 May 2009 for AED 1,500,000, or AED 839 per sqft.
- Rented since August 2015 on 11 Ejari contracts. The rent fell from AED 139,251 to AED 119,678 in 2021 and recovered to AED 150,000 by August 2026.
- At AED 150,000 a year the gross yield on the 2009 price is 10.0%, before a service charge of about AED 27,700 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 18 August 2026.
Questions about 1409, Golden Mile 01
What did unit 1409 last sell for?
AED 1,500,000 on 19 May 2009, sold by the developer: AED 839 per sqft for 1,788 sqft. It is the only registered sale of the unit.
What is the rent for unit 1409?
AED 150,000 a year on the contract renewed on 18 August 2026. The previous contract, from August 2024, was AED 180,000; the unit has been rented since August 2015.
How big is unit 1409?
1,788 sqft (166.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 1409 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 1409, Golden Mile 01
Starts from the last sale price (AED 1.5M, 19 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →