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1-bed · 1,304 sqftGolden Mile 01, Palm Jumeirah · 5th floor · completed 2009

1501, Golden Mile 01

Sold prices and rental history: sold 3 times, last in April 2014, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 1.77M9 April 2014
Current rentAED 149K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Golden Mile 01

What is 1501 worth today?

Last sold for AED 1,770,000 in 2014

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15 Apr 2026RentedNew contract
AED 149,086/yr12 months · AED 114 per sqft
9 Apr 2014SoldOff-plan
AED 1,770,000AED 1,357 per sqft
27 Mar 2013SoldOff-plan
AED 1,170,000AED 897 per sqft
19 May 2009Sold by developerOff-plan
AED 1,040,000AED 797 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
5th of 7
Parking
Building 1-B3-16
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.77M · April 2014
Building
Golden Mile 01

About 1501, Golden Mile 01

1501 is a one-bedroom apartment of 1,304 sqft on the 5th floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 9 April 2014 for AED 1,770,000, or AED 1,357 per sqft, 29% above the AED 1,051 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2026. The current contract, signed on 15 April 2026, is AED 149,086 a year: a gross yield of 8.4% on the 2014 price, before the service charge of about AED 20,200 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical one-bed in Golden Mile 01
1M1.5M2009201320172021Typical sale price by year: 2009 AED 990,000; 2012 AED 1,000,000; 2013 AED 1,325,000; 2016 AED 1,550,000; 2017 AED 1,350,000; 2018 AED 1,000,000; 2022 AED 1,450,000Sold by developer, May 2009: AED 1,040,000 (AED 797 per sqft)Sold, March 2013: AED 1,170,000 (AED 897 per sqft)Sold, April 2014: AED 1,770,000 (AED 1,357 per sqft)

1501 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, each contractTypical one-bed in Golden Mile 01
100K150K2014201820222026Typical rent by year: 2014 AED 100,000; 2015 AED 115,000; 2016 AED 120,000; 2017 AED 112,500; 2018 AED 96,481; 2019 AED 85,000; 2020 AED 77,846; 2021 AED 75,000; 2022 AED 87,500; 2023 AED 115,000; 2024 AED 119,321; 2025 AED 125,000; 2026 AED 120,750New contract, April 2026: AED 149,086 a year

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 1501 sits

All 17 1-beds →

1501 last sold in April 2014 at AED 1,357 per sqft, 29% above what one-beds in Golden Mile 01 were fetching at the time (AED 1,051). 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. 1501's AED 149,086 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Apr 20262,800,000
10 Feb 20251,700,000
22 Jun 20231,730,000
23 Jan 20231,565,000
1 1-bed sale 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 5th floor

All 85 units in Golden Mile 01
Value
15022-bedAED 1.9M · Feb 2013
15032-bedAED 1.85M · Mar 2013
15041-bedAED 1.35M · Jun 2013
15052-bedAED 900K · Jan 2018
15061-bedAED 1.64M · Nov 2022
15072-bedAED 1.4M · Oct 2018
15083-bedAED 4M · Feb 2023
1–7 of 11

1501, Golden Mile 01 in numbers

  • Sold 3 times: first on 19 May 2009 for AED 1,040,000, last on 9 April 2014 for AED 1,770,000 (AED 1,357 per sqft).
  • Rented since April 2026 on one Ejari contract, at AED 149,086 a year.
  • At AED 149,086 a year the gross yield on the 2014 price is 8.4%, before a service charge of about AED 20,200 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 15 April 2026.

Questions about 1501, Golden Mile 01

What did unit 1501 last sell for?

AED 1,770,000 on 9 April 2014: AED 1,357 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 1,040,000 in May 2009.

What is the rent for unit 1501?

AED 149,086 a year on the contract signed on 15 April 2026.

How big is unit 1501?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 1501 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 1501, Golden Mile 01

Starts from the last sale price (AED 1.77M, 9 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

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