3-bed · 3,702 sqftGolden Mile 01, Palm Jumeirah · Ground floor · completed 2009

G-104, Golden Mile 01

Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G-104 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 3.96M17 July 2023
Current rentAED 171K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G-104, Golden Mile 01

What is G-104 worth today?

Last sold for AED 3,963,593 in 2023

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17 Jul 2023SoldReady
AED 3,963,593AED 1,070 per sqft
1 Nov 2020RentedNew contract
AED 171,125/yr21 months · AED 46 per sqft
1 Nov 2019RentedNew contract
AED 185,000/yr12 months · AED 50 per sqft
1 Sep 2017RentedNew contract
AED 225,000/yr12 months · AED 61 per sqft
26 Dec 2016RentedNew contract
AED 240,000/yr12 months · AED 65 per sqft
16 Oct 2014SoldOff-plan
AED 3,300,000AED 891 per sqft
28 May 2009Sold by developerOff-plan
AED 2,650,000AED 715 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
3-bed apartment
Size
3,702 sqft
Floor
Ground of 7
Parking
Integrated (07, 08)
Developer
Souq Residences
Completed
2009
Service charge
AED 57,300 /yr
Last sold
AED 3.96M · July 2023

About G-104, Golden Mile 01

G-104 is a three-bedroom apartment of 3,702 sqft on the ground floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 17 July 2023 for AED 3,963,593, or AED 1,070 per sqft, 24% below the AED 1,404 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 November 2020, is AED 171,125 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 57,300 a year.

Sales and rents for G-104 over time

Sales
Unit G-104, each saleTypical three-bed in Golden Mile 01
2M4M20092013201720212025Typical sale price by year: 2009 AED 2,206,500; 2012 AED 1,950,000; 2014 AED 3,525,000; 2016 AED 3,234,000; 2023 AED 3,781,797; 2024 AED 4,279,535Sold by developer, May 2009: AED 2,650,000 (AED 715 per sqft)Sold, October 2014: AED 3,300,000 (AED 891 per sqft)Sold, July 2023: AED 3,963,593 (AED 1,070 per sqft)

G-104 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit G-104, each contractTypical three-bed in Golden Mile 01
200K300K2014201820222026Typical rent by year: 2014 AED 190,000; 2015 AED 205,000; 2016 AED 208,650; 2017 AED 205,000; 2018 AED 176,000; 2019 AED 170,000; 2020 AED 150,000; 2021 AED 152,500; 2022 AED 165,969; 2023 AED 178,500; 2024 AED 210,000; 2025 AED 295,000; 2026 AED 260,000New contract, December 2016: AED 240,000 a yearNew contract, September 2017: AED 225,000 a yearNew contract, November 2019: AED 185,000 a yearNew contract, November 2020: AED 171,125 a year

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 G-104 sits

All 19 3-beds →

G-104 last sold in July 2023 at AED 1,070 per sqft, 24% below what three-beds in Golden Mile 01 were fetching at the time (AED 1,404). 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. G-104's AED 171,125 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Mar 20264,900,000
4 Nov 20255,200,000
24 Jun 20255,200,000
31 Oct 20244,600,000
1 3-bed sale in the last 12 months

Golden Mile 01

Building

85 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%
Golden Mile 01, Palm Jumeirah: prices, sales and rents →

Other units on the ground floor

All 85 units in Golden Mile 01
Value
G-1013-bedAED 4.25M · Jul 2024
G-1023-bedAED 4.9M · Mar 2026
G-1033-bedAED 4.31M · Mar 2024
G-1053-bedAED 3.8M · May 2024
G-1063-bedAED 4.25M · May 2024
G-1073-bedAED 4.6M · Oct 2024

G-104, Golden Mile 01 in numbers

  • Sold 3 times: first on 28 May 2009 for AED 2,650,000, last on 17 July 2023 for AED 3,963,593 (AED 1,070 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 240,000 to AED 171,125 a year.
  • At AED 171,125 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 57,300 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 17 July 2023.

Questions about G-104, Golden Mile 01

What did unit G-104 last sell for?

AED 3,963,593 on 17 July 2023: AED 1,070 per sqft for 3,702 sqft. The unit has 3 registered sales; the first was AED 2,650,000 in May 2009.

What is the rent for unit G-104?

AED 171,125 a year on the contract signed on 1 November 2020. The previous contract, from November 2019, was AED 185,000; the unit has been rented since December 2016.

How big is unit G-104?

3,702 sqft (343.9 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2009.

What is unit G-104 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 G-104, Golden Mile 01

Starts from the last sale price (AED 3.96M, 17 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,963,593
Deposit, UAE resident (20%)
AED 792,719
Deposit, non-resident (40%)
AED 1,585,437
Monthly over 25 years at 3.7%
AED 16,216

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →