3-bed · 2,421 sqftGolden Mile 01, Palm Jumeirah · 5th floor · completed 2009

1512, Golden Mile 01

Sold prices and rental history: sold 3 times, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 14 April 2023
Last soldAED 3.6M14 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Golden Mile 01

What is 1512 worth today?

Last sold for AED 3,600,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Apr 2023SoldReady
AED 3,600,000AED 1,486 per sqft
4 Oct 2012SoldOff-plan
AED 2,100,000AED 867 per sqft
19 May 2009Sold by developerOff-plan
AED 1,950,000AED 805 per sqft

Source: Dubai Land Department. Updated 14 April 2023.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
5th of 7
Parking
Building 1-B3-45
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 3.6M · April 2023

About 1512, Golden Mile 01

1512 is a three-bedroom apartment of 2,421 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 14 April 2023 for AED 3,600,000, or AED 1,486 per sqft, 24% above the AED 1,201 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1512 over time

Sales
Unit 1512, each saleTypical three-bed in Golden Mile 01
2M4M20092013201720212025Typical sale price by year: 2009 AED 2,206,500; 2012 AED 1,950,000; 2014 AED 3,525,000; 2016 AED 3,234,000; 2023 AED 3,781,797; 2024 AED 4,279,535Sold by developer, May 2009: AED 1,950,000 (AED 805 per sqft)Sold, October 2012: AED 2,100,000 (AED 867 per sqft)Sold, April 2023: AED 3,600,000 (AED 1,486 per sqft)

1512 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1512, each contractTypical three-bed in Golden Mile 01
200K300K2014201820222026Typical rent by year: 2014 AED 190,000; 2015 AED 205,000; 2016 AED 208,650; 2017 AED 205,000; 2018 AED 176,000; 2019 AED 170,000; 2020 AED 150,000; 2021 AED 152,500; 2022 AED 165,969; 2023 AED 178,500; 2024 AED 210,000; 2025 AED 295,000; 2026 AED 260,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Golden Mile 01, and where 1512 sits

All 19 3-beds →

1512 last sold in April 2023 at AED 1,486 per sqft, 24% above what three-beds in Golden Mile 01 were fetching at the time (AED 1,201). Over the last 12 months three-beds sold for AED 4,900,000, around AED 1,367 per sqft, and rent for AED 80,000 to 364,017 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Mar 20264,900,000
4 Nov 20255,200,000
24 Jun 20255,200,000
31 Oct 20244,600,000
1 3-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
15011-bedAED 1.77M · Apr 2014
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
1–7 of 11

1512, Golden Mile 01 in numbers

  • Sold 3 times: first on 19 May 2009 for AED 1,950,000, last on 14 April 2023 for AED 3,600,000 (AED 1,486 per sqft).
  • Three-beds in Golden Mile 01 sold for AED 4,900,000–4,900,000 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 April 2023.

Questions about 1512, Golden Mile 01

What did unit 1512 last sell for?

AED 3,600,000 on 14 April 2023: AED 1,486 per sqft for 2,421 sqft. The unit has 3 registered sales; the first was AED 1,950,000 in May 2009.

How big is unit 1512?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 1512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 01 sold for AED 4,900,000 to 4,900,000 in the last 12 months, around AED 1,367 per sqft.

Selling 1512? 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.

How OpenOffers works

Mortgage on 1512, Golden Mile 01

Starts from the last sale price (AED 3.6M, 14 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

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