2-bed · 1,794 sqftGolden Mile 01, Palm Jumeirah · 4th floor · completed 2009

1410, Golden Mile 01

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1410 · DLD and Ejari recordsUpdated 13 March 2023
Last soldAED 2.3M13 March 2023
Current rentAED 125K /yr22 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1410, Golden Mile 01

What is 1410 worth today?

Last sold for AED 2,300,000 in 2023

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13 Mar 2023SoldReady
AED 2,300,000AED 1,281 per sqft
22 Mar 2022RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
22 Feb 2021RentedNew contract
AED 120,000/yr13 months · AED 67 per sqft
22 Feb 2021RentedRenewal
AED 120,000/yr13 months · AED 67 per sqft
22 Feb 2020RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
22 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft
22 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft
3 Nov 2016RentedRenewal
AED 170,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 13 March 2023.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
4th of 7
Parking
Building 1-B3-08
Developer
Souq Residences
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 2.3M · March 2023

About 1410, Golden Mile 01

1410 is a two-bedroom apartment of 1,794 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 13 March 2023 for AED 2,300,000, or AED 1,281 per sqft, 14% above the AED 1,124 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 22 March 2022, is AED 125,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1410 over time

Sales
Unit 1410, 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 2009: AED 1,550,000 (AED 863 per sqft)Sold, October 2015: AED 2,550,000 (AED 1,421 per sqft)Sold, March 2023: AED 2,300,000 (AED 1,281 per sqft)

1410 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1410, 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, November 2014: AED 170,000 a yearNew contract, November 2015: AED 170,000 a yearRenewal, November 2016: AED 170,000 a yearNew contract, February 2018: AED 140,000 a yearNew contract, February 2019: AED 130,000 a yearRenewal, February 2020: AED 125,000 a yearNew contract, February 2021: AED 120,000 a yearRenewal, February 2021: AED 120,000 a yearRenewal, March 2022: AED 125,000 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 1410 sits

All 42 2-beds →

1410 last sold in March 2023 at AED 1,281 per sqft, 14% above what two-beds in Golden Mile 01 were fetching at the time (AED 1,124). 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. 1410's AED 125,000 is at the bottom 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
14032-bedAED 3.1M · Jan 2025
14041-bedAED 900K · Jan 2018
14052-bedAED 3.3M · Jun 2025
14061-bedAED 1M · Jan 2018
14072-bedAED 1.4M · Apr 2012
1–7 of 11

1410, Golden Mile 01 in numbers

  • Sold 3 times: first on 19 May 2009 for AED 1,550,000, last on 13 March 2023 for AED 2,300,000 (AED 1,281 per sqft).
  • Rented since November 2014 on 9 Ejari contracts, from AED 170,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 27,800 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 13 March 2023.

Questions about 1410, Golden Mile 01

What did unit 1410 last sell for?

AED 2,300,000 on 13 March 2023: AED 1,281 per sqft for 1,794 sqft. The unit has 3 registered sales; the first was AED 1,550,000 in May 2009.

What is the rent for unit 1410?

AED 125,000 a year on the contract renewed on 22 March 2022. The previous contract, from February 2021, was AED 120,000; the unit has been rented since November 2014.

How big is unit 1410?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 1410 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 1410, Golden Mile 01

Starts from the last sale price (AED 2.3M, 13 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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