1507, Golden Mile 01
Sold prices and rental history: sold 3 times, last in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1507, Golden Mile 01
What is 1507 worth today?
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Source: Dubai Land Department. Updated 14 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,887 sqft
- Floor
- 5th of 7
- Parking
- Building 1-B3-82
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.4M · October 2018
- Building
- Golden Mile 01
About 1507, Golden Mile 01
1507 is a two-bedroom apartment of 1,887 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 15 October 2018 for AED 1,400,000, or AED 741 per sqft.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 14 June 2026, is AED 160,000 a year: a gross yield of 11.4% on the 2018 price, before the service charge of about AED 29,200 a year.
Sales and rents for 1507 over time
1507 has sold 3 times; 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 1507 sits
All 42 2-beds →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. 1507's AED 160,000 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 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 | |
| 1504 | 1-bed | 1,307 sqft | AED 1.35MAED 1,350,000 · Jun 2013June 2013 | 125,000 /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 | |
| 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 |
1507, Golden Mile 01 in numbers
- Sold 3 times: first on 19 May 2009 for AED 1,200,000, last on 15 October 2018 for AED 1,400,000 (AED 741 per sqft).
- Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 80,000 in 2020 and recovered to AED 160,000 by June 2026.
- At AED 160,000 a year the gross yield on the 2018 price is 11.4%, before a service charge of about AED 29,200 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 14 June 2026.
Questions about 1507, Golden Mile 01
What did unit 1507 last sell for?
AED 1,400,000 on 15 October 2018: AED 741 per sqft for 1,887 sqft. The unit has 3 registered sales; the first was AED 1,200,000 in May 2009.
What is the rent for unit 1507?
AED 160,000 a year on the contract renewed on 14 June 2026. The previous contract, from June 2025, was AED 170,000; the unit has been rented since August 2019.
How big is unit 1507?
1,887 sqft (175.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 1507 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 1507, Golden Mile 01
Starts from the last sale price (AED 1.4M, 15 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →