1605, Golden Mile 01
Sold prices and rental history: sold twice, last in October 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Golden Mile 01
What is 1605 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 1 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,808 sqft
- Floor
- 6th of 7
- Parking
- Building 1-B3-90
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,000 /yr
- Last sold
- AED 1.45M · October 2009
- Building
- Golden Mile 01
About 1605, Golden Mile 01
1605 is a two-bedroom apartment of 1,808 sqft on the 6th floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 26 October 2009 for AED 1,450,000, or AED 802 per sqft, 3% above the AED 777 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 150,000 a year: a gross yield of 10.3% on the 2009 price, before the service charge of about AED 28,000 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 42 2-beds →1605 last sold in October 2009 at AED 802 per sqft, 3% above what two-beds in Golden Mile 01 were fetching at the time (AED 777). 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. 1605's AED 150,000 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 6th floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 1,304 sqft | AED 1.09MAED 1,090,000 · May 2009May 2009 | 155,000 /yr | |
| 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 | |
| 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 |
1605, Golden Mile 01 in numbers
- Sold twice: first on 6 May 2004 for AED 1,282,500, last on 26 October 2009 for AED 1,450,000 (AED 802 per sqft).
- Rented since March 2015 on 13 Ejari contracts. The rent fell from AED 145,000 to AED 85,000 in 2021 and recovered to AED 150,000 by June 2026.
- At AED 150,000 a year the gross yield on the 2009 price is 10.3%, before a service charge of about AED 28,000 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 1 June 2026.
Questions about 1605, Golden Mile 01
What did unit 1605 last sell for?
AED 1,450,000 on 26 October 2009: AED 802 per sqft for 1,808 sqft. The unit has 2 registered sales; the first was AED 1,282,500 in May 2004.
What is the rent for unit 1605?
AED 150,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 140,000; the unit has been rented since March 2015.
How big is unit 1605?
1,808 sqft (168.0 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 1605 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 1605? 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 1605, Golden Mile 01
Starts from the last sale price (AED 1.45M, 26 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →