1504, Golden Mile 01
Sold prices and rental history: sold 3 times, last in June 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Golden Mile 01
What is 1504 worth today?
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Source: Dubai Land Department. Updated 25 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,307 sqft
- Floor
- 5th of 7
- Parking
- Building 1-B3-13
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.35M · June 2013
- Building
- Golden Mile 01
About 1504, Golden Mile 01
1504 is a one-bedroom apartment of 1,307 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 11 June 2013 for AED 1,350,000, or AED 1,033 per sqft, 15% above the AED 897 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 25 July 2025, is AED 125,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 20,200 a year.
Sales and rents for 1504 over time
1504 has sold 3 times; 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 1504 sits
All 17 1-beds →1504 last sold in June 2013 at AED 1,033 per sqft, 15% above what one-beds in Golden Mile 01 were fetching at the time (AED 897). 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. 1504's AED 125,000 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 5th floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 1,304 sqft | AED 1.77MAED 1,770,000 · Apr 2014April 2014 | 149,086 /yr | |
| 1502 | 2-bed | 1,799 sqft | AED 1.9MAED 1,900,000 · Feb 2013February 2013 | 125,000 /yr | |
| 1503 | 2-bed | 1,800 sqft | AED 1.85MAED 1,850,000 · Mar 2013March 2013 | 200,000 /yr | |
| 1505 | 2-bed | 1,808 sqft | AED 900KAED 900,000 · Jan 2018January 2018 | 170,000 /yr | |
| 1506 | 1-bed | 1,288 sqft | AED 1.64MAED 1,640,000 · Nov 2022November 2022 | 120,750 /yr | |
| 1507 | 2-bed | 1,887 sqft | AED 1.4MAED 1,400,000 · Oct 2018October 2018 | 160,000 /yr | |
| 1508 | 3-bed | 3,329 sqft | AED 4MAED 4,000,000 · Feb 2023February 2023 | 448,696 /yr | |
| 1509 | 2-bed | 1,788 sqft | AED 1.95MAED 1,950,000 · Mar 2022March 2022 | 90,000 /yr | |
| 1510 | 2-bed | 1,794 sqft | AED 4MAED 4,000,000 · Nov 2025November 2025 | 235,000 /yr | |
| 1511 | 2-bed | 1,794 sqft | AED 3.33MAED 3,325,000 · Oct 2024October 2024 | 100,000 /yr | |
| 1512 | 3-bed | 2,421 sqft | AED 3.6MAED 3,600,000 · Apr 2023April 2023 |
1504, Golden Mile 01 in numbers
- Sold 3 times: first on 19 May 2009 for AED 1,090,000, last on 11 June 2013 for AED 1,350,000 (AED 1,033 per sqft).
- Rented since July 2016 on 11 Ejari contracts. The rent fell from AED 122,500 to AED 68,000 in 2021 and recovered to AED 125,000 by July 2025.
- At AED 125,000 a year the gross yield on the 2013 price is 9.3%, 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 25 July 2025.
Questions about 1504, Golden Mile 01
What did unit 1504 last sell for?
AED 1,350,000 on 11 June 2013: AED 1,033 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 1,090,000 in May 2009.
What is the rent for unit 1504?
AED 125,000 a year on the contract signed on 25 July 2025. The previous contract, from July 2025, was AED 125,000; the unit has been rented since July 2016.
How big is unit 1504?
1,307 sqft (121.4 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 1504 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 1504, Golden Mile 01
Starts from the last sale price (AED 1.35M, 11 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →