1606, Golden Mile 01
Sold prices and rental history: sold 5 times, last in April 2026, 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 1606, Golden Mile 01
What is 1606 worth today?
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Source: Dubai Land Department. Updated 8 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 6th of 7
- Parking
- Building 1-B3-23
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 2.8M · April 2026
- Building
- Golden Mile 01
About 1606, Golden Mile 01
1606 is a one-bedroom apartment of 1,288 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 8 April 2026 for AED 2,800,000, or AED 2,173 per sqft.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 15 May 2025, is AED 130,000 a year: a gross yield of 4.6% on the 2026 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1606 over time
1606 has sold 5 times; 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 1606 sits
All 17 1-beds →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. 1606's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 7 Nov 20227 November 2022 | 1,288 sqft | 1,640,000 | 1,273 | ||
| 28 Jul 202228 July 2022 | 1,307 sqft | 1,450,000 | 1,109 |
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 | |
| 1605 | 2-bed | 1,808 sqft | AED 1.45MAED 1,450,000 · Oct 2009October 2009 | 150,000 /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 |
1606, Golden Mile 01 in numbers
- Sold 5 times: first on 19 May 2009 for AED 1,120,000, last on 8 April 2026 for AED 2,800,000 (AED 2,173 per sqft).
- Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 32,478 in 2024 and recovered to AED 130,000 by May 2025.
- At AED 130,000 a year the gross yield on the 2026 price is 4.6%, before a service charge of about AED 20,000 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 8 April 2026.
Questions about 1606, Golden Mile 01
What did unit 1606 last sell for?
AED 2,800,000 on 8 April 2026: AED 2,173 per sqft for 1,288 sqft. The unit has 5 registered sales; the first was AED 1,120,000 in May 2009.
What is the rent for unit 1606?
AED 130,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 130,000; the unit has been rented since June 2016.
How big is unit 1606?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 1606 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 1606, Golden Mile 01
Starts from the last sale price (AED 2.8M, 8 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →