3-bed · 3,720 sqftGolden Mile 01, Palm Jumeirah · Ground floor · completed 2009

G-105, Golden Mile 01

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G-105 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 3.8M30 May 2024
Current rentAED 185K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G-105, Golden Mile 01

What is G-105 worth today?

Last sold for AED 3,800,000 in 2024

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30 May 2024SoldReady
AED 3,800,000AED 1,021 per sqft
1 Feb 2022RentedRenewal
AED 185,000/yr12 months · AED 50 per sqft
1 Feb 2021RentedRenewal
AED 170,000/yr12 months · AED 46 per sqft
1 Feb 2020RentedRenewal
AED 183,000/yr12 months · AED 49 per sqft
1 Feb 2019RentedRenewal
AED 185,000/yr12 months · AED 50 per sqft
1 Feb 2018RentedNew contract
AED 185,000/yr12 months · AED 50 per sqft
10 Nov 2016Sold by developerReady
AED 3,234,000AED 869 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
3-bed apartment
Size
3,720 sqft
Floor
Ground of 7
Parking
Integrated (05, 06)
Developer
Souq Residences
Completed
2009
Service charge
AED 57,600 /yr
Last sold
AED 3.8M · May 2024

About G-105, Golden Mile 01

G-105 is a three-bedroom apartment of 3,720 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 30 May 2024 for AED 3,800,000, or AED 1,021 per sqft, 12% below the AED 1,163 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 185,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 57,600 a year.

Sales and rents for G-105 over time

Sales
Unit G-105, 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, November 2016: AED 3,234,000 (AED 869 per sqft)Sold, May 2024: AED 3,800,000 (AED 1,021 per sqft)

G-105 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G-105, 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, February 2018: AED 185,000 a yearRenewal, February 2019: AED 185,000 a yearRenewal, February 2020: AED 183,000 a yearRenewal, February 2021: AED 170,000 a yearRenewal, February 2022: AED 185,000 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-105 sits

All 19 3-beds →

G-105 last sold in May 2024 at AED 1,021 per sqft, 12% below 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. G-105's AED 185,000 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-1043-bedAED 3.96M · Jul 2023
G-1063-bedAED 4.25M · May 2024
G-1073-bedAED 4.6M · Oct 2024

G-105, Golden Mile 01 in numbers

  • Sold twice: first on 10 November 2016 for AED 3,234,000, last on 30 May 2024 for AED 3,800,000 (AED 1,021 per sqft).
  • Rented since February 2018 on 5 Ejari contracts, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 57,600 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 30 May 2024.

Questions about G-105, Golden Mile 01

What did unit G-105 last sell for?

AED 3,800,000 on 30 May 2024: AED 1,021 per sqft for 3,720 sqft. The unit has 2 registered sales; the first was AED 3,234,000 in November 2016.

What is the rent for unit G-105?

AED 185,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 170,000; the unit has been rented since February 2018.

How big is unit G-105?

3,720 sqft (345.6 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2009.

What is unit G-105 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-105, Golden Mile 01

Starts from the last sale price (AED 3.8M, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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