1601, Golden Mile 01
Sold prices and rental history: sold once, by the developer in May 2009, 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 1601, Golden Mile 01
What is 1601 worth today?
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Source: Dubai Land Department. Updated 21 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,304 sqft
- Floor
- 6th of 7
- Parking
- Building 1-B3-101
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.09M · May 2009
- Building
- Golden Mile 01
About 1601, Golden Mile 01
1601 is a one-bedroom apartment of 1,304 sqft on the 6th floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 19 May 2009 for AED 1,090,000, or AED 835 per sqft, 10% above the AED 758 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 21 June 2026, is AED 155,000 a year: a gross yield of 14.2% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 1601 over time
1601 has sold once; 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 1601 sits
All 17 1-beds →1601 last sold in May 2009 at AED 835 per sqft, 10% above what one-beds in Golden Mile 01 were fetching at the time (AED 758). 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. 1601's AED 155,000 is at the top 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 6th floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,799 sqft | AED 1.6MAED 1,600,000 · May 2009May 2009 | ||
| 1603 | 2-bed | 1,800 sqft | AED 1.4MAED 1,400,000 · May 2009May 2009 | 170,000 /yr | |
| 1605 | 2-bed | 1,808 sqft | AED 1.45MAED 1,450,000 · Oct 2009October 2009 | 150,000 /yr | |
| 1606 | 1-bed | 1,288 sqft | AED 2.8MAED 2,800,000 · Apr 2026April 2026 | 130,000 /yr | |
| 1607 | 2-bed | 1,887 sqft | AED 2.9MAED 2,900,000 · Nov 2023November 2023 | 114,950 /yr | |
| 1608 | 3-bed | 3,329 sqft | AED 5.15MAED 5,150,000 · Jul 2024July 2024 | 80,000 /yr | |
| 1609 | 2-bed | 1,788 sqft | AED 2.55MAED 2,550,000 · Mar 2023March 2023 | 115,000 /yr | |
| 1610 | 2-bed | 1,794 sqft | AED 3MAED 3,000,000 · Aug 2023August 2023 | ||
| 1611 | 2-bed | 1,794 sqft | AED 2.73MAED 2,725,000 · Jun 2023June 2023 | 115,500 /yr | |
| 1612 | 3-bed | 2,421 sqft | AED 3.6MAED 3,600,000 · Jul 2023July 2023 | 240,000 /yr |
1601, Golden Mile 01 in numbers
- Sold once: by Souq Residences on 19 May 2009 for AED 1,090,000, or AED 835 per sqft.
- Rented since December 2016 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 13,000 in 2023 and recovered to AED 155,000 by June 2026.
- At AED 155,000 a year the gross yield on the 2009 price is 14.2%, 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 21 June 2026.
Questions about 1601, Golden Mile 01
What did unit 1601 last sell for?
AED 1,090,000 on 19 May 2009, sold by the developer: AED 835 per sqft for 1,304 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 155,000 a year on the contract renewed on 21 June 2026. The previous contract, from June 2025, was AED 155,000; the unit has been rented since December 2016.
How big is unit 1601?
1,304 sqft (121.1 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 1601 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 1601, Golden Mile 01
Starts from the last sale price (AED 1.09M, 19 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,090,000
- Deposit, UAE resident (20%)
- AED 218,000
- Deposit, non-resident (40%)
- AED 436,000
- Monthly over 25 years at 3.7%
- AED 4,460
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →