1608, Golden Mile 01
Sold prices and rental history: sold 3 times, last in July 2024, 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 1608, Golden Mile 01
What is 1608 worth today?
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Source: Dubai Land Department. Updated 14 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,329 sqft
- Floor
- 6th of 7
- Parking
- Building 1-B3-64
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 51,600 /yr
- Last sold
- AED 5.15M · July 2024
- Building
- Golden Mile 01
About 1608, Golden Mile 01
1608 is a three-bedroom apartment of 3,329 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 11 July 2024 for AED 5,150,000, or AED 1,547 per sqft, 33% above the AED 1,163 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 14 October 2026, is AED 80,000 a year: a gross yield of 1.6% on the 2024 price, before the service charge of about AED 51,600 a year.
Sales and rents for 1608 over time
1608 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 1608 sits
All 19 3-beds →1608 last sold in July 2024 at AED 1,547 per sqft, 33% above what three-beds in Golden Mile 01 were fetching at the time (AED 1,163). 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. 1608's AED 80,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Mar 202613 March 2026 | 3,583 sqft | 4,900,000 | 1,367 | ||
| 4 Nov 20254 November 2025 | 3,583 sqft | 5,200,000 | 1,451 | ||
| 24 Jun 202524 June 2025 | 3,329 sqft | 5,200,000 | 1,562 | ||
| 31 Oct 202431 October 2024 | 3,706 sqft | 4,600,000 | 1,241 |
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 | |
| 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 | |
| 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 |
1608, Golden Mile 01 in numbers
- Sold 3 times: first on 19 May 2009 for AED 2,300,000, last on 11 July 2024 for AED 5,150,000 (AED 1,547 per sqft).
- Rented since February 2015 on 11 Ejari contracts, from AED 207,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2024 price is 1.6%, before a service charge of about AED 51,600 a year (AED 15.49 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 October 2026.
Questions about 1608, Golden Mile 01
What did unit 1608 last sell for?
AED 5,150,000 on 11 July 2024: AED 1,547 per sqft for 3,329 sqft. The unit has 3 registered sales; the first was AED 2,300,000 in May 2009.
What is the rent for unit 1608?
AED 80,000 a year on the contract renewed on 14 October 2026. The previous contract, from October 2025, was AED 160,000; the unit has been rented since February 2015.
How big is unit 1608?
3,329 sqft (309.3 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 1608 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.
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Mortgage on 1608, Golden Mile 01
Starts from the last sale price (AED 5.15M, 11 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,150,000
- Deposit, UAE resident (20%)
- AED 1,030,000
- Deposit, non-resident (40%)
- AED 2,060,000
- Monthly over 25 years at 3.7%
- AED 21,070
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →