1509, Golden Mile 01
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1509, Golden Mile 01
What is 1509 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 March 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,788 sqft
- Floor
- 5th of 7
- Parking
- Building 1-B3-38
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,700 /yr
- Last sold
- AED 1.95M · March 2022
- Building
- Golden Mile 01
About 1509, Golden Mile 01
1509 is a two-bedroom apartment of 1,788 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 25 March 2022 for AED 1,950,000, or AED 1,090 per sqft, 4% above the AED 1,044 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 28 August 2021, is AED 90,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 27,700 a year.
Sales and rents for 1509 over time
1509 has sold twice; 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 1509 sits
All 42 2-beds →1509 last sold in March 2022 at AED 1,090 per sqft, 4% above what two-beds in Golden Mile 01 were fetching at the time (AED 1,044). 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. 1509's AED 90,000 is at the bottom 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 | |
| 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 | |
| 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 |
1509, Golden Mile 01 in numbers
- Sold twice: first on 19 May 2009 for AED 1,550,000, last on 25 March 2022 for AED 1,950,000 (AED 1,090 per sqft).
- Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 143,000 to AED 80,000 in 2020 and recovered to AED 90,000 by August 2021.
- At AED 90,000 a year the gross yield on the 2022 price is 4.6%, 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 25 March 2022.
Questions about 1509, Golden Mile 01
What did unit 1509 last sell for?
AED 1,950,000 on 25 March 2022: AED 1,090 per sqft for 1,788 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in May 2009.
What is the rent for unit 1509?
AED 90,000 a year on the contract signed on 28 August 2021. The previous contract, from August 2020, was AED 80,000; the unit has been rented since November 2017.
How big is unit 1509?
1,788 sqft (166.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 1509 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.
Selling 1509? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1509, Golden Mile 01
Starts from the last sale price (AED 1.95M, 25 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →