1702, Golden Mile 01
Sold prices and rental history: sold 3 times, last in March 2025, 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 1702, Golden Mile 01
What is 1702 worth today?
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Source: Dubai Land Department. Updated 27 March 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 4,369 sqft
- Floor
- 7th of 7
- Parking
- Building 1-B3-49, Building 1-B3-50
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 67,700 /yr
- Last sold
- AED 8.1M · March 2025
- Building
- Golden Mile 01
About 1702, Golden Mile 01
1702 is a penthouse of 4,369 sqft on the 7th floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 27 March 2025 for AED 8,100,000, or AED 1,854 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 July 2023, is AED 235,649 a year: a gross yield of 2.9% on the 2025 price, before the service charge of about AED 67,700 a year.
Sales and rents for 1702 over time
1702 has sold 3 times; the dashed line is the penthouse median of each year in the building.
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Golden Mile 01, and where 1702 sits
All 7 penthouses →Over the last 12 months penthouses sold for AED 7,950,000, around AED 2,014 per sqft, and rent for AED 400,000 to 450,000 a year.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 3,946 sqft | 7,950,000 | 2,014 | ||
| 24 Jul 202424 July 2024 | 4,442 sqft | 6,950,000 | 1,564 | ||
| 1 May 20231 May 2023 | 4,882 sqft | 4,750,000 | 972 | ||
| 18 Aug 201918 August 2019 | 4,882 sqft | 3,300,000 | 675 |
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 7th floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Penthouse | 4,882 sqft | AED 4.75MAED 4,750,000 · May 2023May 2023 | 310,000 /yr | |
| 1703 | Penthouse | 4,677 sqft | AED 6.29MAED 6,290,970 · May 2009May 2009 | 450,000 /yr | |
| 1704 | Penthouse | 10,222 sqft | AED 8.25MAED 8,250,000 · Jul 2013July 2013 | 400,000 /yr | |
| 1705 | Penthouse | 3,946 sqft | AED 7.95MAED 7,950,000 · Jan 2026January 2026 | 350,000 /yr | |
| 1706 | Penthouse | 4,442 sqft | AED 6.95MAED 6,950,000 · Jul 2024July 2024 | 230,000 /yr | |
| 1707 | Penthouse | 5,111 sqft | AED 5MAED 5,000,000 · Mar 2014March 2014 |
1702, Golden Mile 01 in numbers
- Sold 3 times: first on 28 May 2009 for AED 5,832,015, last on 27 March 2025 for AED 8,100,000 (AED 1,854 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 260,000 to AED 195,000 in 2021 and recovered to AED 235,649 by July 2023.
- At AED 235,649 a year the gross yield on the 2025 price is 2.9%, before a service charge of about AED 67,700 a year (AED 15.49 per sqft).
- Penthouses in Golden Mile 01 sold for AED 7,950,000–7,950,000 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 27 March 2025.
Questions about 1702, Golden Mile 01
What did unit 1702 last sell for?
AED 8,100,000 on 27 March 2025: AED 1,854 per sqft for 4,369 sqft. The unit has 3 registered sales; the first was AED 5,832,015 in May 2009.
What is the rent for unit 1702?
AED 235,649 a year on the contract signed on 1 July 2023. The previous contract, from July 2022, was AED 234,000; the unit has been rented since January 2015.
How big is unit 1702?
4,369 sqft (405.9 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 1702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Golden Mile 01 sold for AED 7,950,000 to 7,950,000 in the last 12 months, around AED 2,014 per sqft.
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Mortgage on 1702, Golden Mile 01
Starts from the last sale price (AED 8.1M, 27 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 8,100,000
- Deposit, UAE resident (20%)
- AED 1,620,000
- Deposit, non-resident (40%)
- AED 3,240,000
- Monthly over 25 years at 3.7%
- AED 33,140
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →