1704, Golden Mile 01
Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Golden Mile 01
What is 1704 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- Penthouse apartment
- Size
- 10,222 sqft
- Floor
- 7th of 7
- Parking
- Building 1-B3-65,66,74
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 158,300 /yr
- Last sold
- AED 8.25M · July 2013
- Building
- Golden Mile 01
About 1704, Golden Mile 01
1704 is a penthouse of 10,222 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 15 July 2013 for AED 8,250,000, or AED 807 per sqft, in line with the AED 807 penthouses in the building were fetching at the time.
It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 30 September 2026, is AED 400,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 158,300 a year.
Sales and rents for 1704 over time
1704 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 1704 sits
All 7 penthouses →1704 last sold in July 2013 at AED 807 per sqft, in line with what penthouses in Golden Mile 01 were fetching at the time (AED 807). 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 | ||
| 27 Mar 202527 March 2025 | 4,369 sqft | 8,100,000 | 1,854 | ||
| 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 |
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 | |
| 1702 | Penthouse | 4,369 sqft | AED 8.1MAED 8,100,000 · Mar 2025March 2025 | 235,649 /yr | |
| 1703 | Penthouse | 4,677 sqft | AED 6.29MAED 6,290,970 · May 2009May 2009 | 450,000 /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 |
1704, Golden Mile 01 in numbers
- Sold 3 times: first on 7 January 2010 for AED 5,600,000, last on 15 July 2013 for AED 8,250,000 (AED 807 per sqft).
- Rented since September 2021 on 8 Ejari contracts, from AED 340,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2013 price is 4.9%, before a service charge of about AED 158,300 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 30 September 2026.
Questions about 1704, Golden Mile 01
What did unit 1704 last sell for?
AED 8,250,000 on 15 July 2013: AED 807 per sqft for 10,222 sqft. The unit has 3 registered sales; the first was AED 5,600,000 in January 2010.
What is the rent for unit 1704?
AED 400,000 a year on the contract renewed on 30 September 2026. The previous contract, from September 2025, was AED 475,000; the unit has been rented since September 2021.
How big is unit 1704?
10,222 sqft (949.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 1704 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 1704, Golden Mile 01
Starts from the last sale price (AED 8.25M, 15 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 8,250,000
- Deposit, UAE resident (20%)
- AED 1,650,000
- Deposit, non-resident (40%)
- AED 3,300,000
- Monthly over 25 years at 3.7%
- AED 33,753
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →