3-bed · 3,698 sqftGolden Mile 01, Palm Jumeirah · Ground floor · completed 2009

G-106, Golden Mile 01

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G-106 · DLD and Ejari recordsUpdated 30 May 2024
Last soldAED 4.25M30 May 2024
Current rentAED 215K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G-106, Golden Mile 01

What is G-106 worth today?

Last sold for AED 4,250,000 in 2024

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30 May 2024SoldReady
AED 4,250,000AED 1,149 per sqft
10 Sep 2023RentedRenewal
AED 215,002/yr5 months · AED 58 per sqft
10 Sep 2022RentedNew contract
AED 205,000/yr12 months · AED 55 per sqft
31 Aug 2021RentedRenewal
AED 150,000/yr12 months · AED 41 per sqft
31 Aug 2020RentedNew contract
AED 150,000/yr12 months · AED 41 per sqft
29 Jul 2019RentedRenewal
AED 170,000/yr12 months · AED 46 per sqft
29 Jul 2018RentedNew contract
AED 170,000/yr12 months · AED 46 per sqft
9 Nov 2017RentedNew contract
AED 185,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
3-bed apartment
Size
3,698 sqft
Floor
Ground of 7
Parking
Integrated (03, 04)
Developer
Souq Residences
Completed
2009
Service charge
AED 57,300 /yr
Last sold
AED 4.25M · May 2024

About G-106, Golden Mile 01

G-106 is a three-bedroom apartment of 3,698 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 4,250,000, or AED 1,149 per sqft, in line with the AED 1,163 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 September 2023, is AED 215,002 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 57,300 a year.

Sales and rents for G-106 over time

Sales
Unit G-106, 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 874 per sqft)Sold, May 2024: AED 4,250,000 (AED 1,149 per sqft)

G-106 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit G-106, 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, November 2017: AED 185,000 a yearNew contract, July 2018: AED 170,000 a yearRenewal, July 2019: AED 170,000 a yearNew contract, August 2020: AED 150,000 a yearRenewal, August 2021: AED 150,000 a yearNew contract, September 2022: AED 205,000 a yearRenewal, September 2023: AED 215,002 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-106 sits

All 19 3-beds →

G-106 last sold in May 2024 at AED 1,149 per sqft, in line with 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-106's AED 215,002 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-1053-bedAED 3.8M · May 2024
G-1073-bedAED 4.6M · Oct 2024

G-106, Golden Mile 01 in numbers

  • Sold twice: first on 10 November 2016 for AED 3,234,000, last on 30 May 2024 for AED 4,250,000 (AED 1,149 per sqft).
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 185,000 to AED 150,000 in 2021 and recovered to AED 215,002 by September 2023.
  • At AED 215,002 a year the gross yield on the 2024 price is 5.1%, 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 30 May 2024.

Questions about G-106, Golden Mile 01

What did unit G-106 last sell for?

AED 4,250,000 on 30 May 2024: AED 1,149 per sqft for 3,698 sqft. The unit has 2 registered sales; the first was AED 3,234,000 in November 2016.

What is the rent for unit G-106?

AED 215,002 a year on the contract renewed on 10 September 2023. The previous contract, from September 2022, was AED 205,000; the unit has been rented since November 2017.

How big is unit G-106?

3,698 sqft (343.6 sqm): a three-bedroom apartment on the ground floor of a 7-storey tower completed in 2009.

What is unit G-106 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-106, Golden Mile 01

Starts from the last sale price (AED 4.25M, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,250,000
Deposit, UAE resident (20%)
AED 850,000
Deposit, non-resident (40%)
AED 1,700,000
Monthly over 25 years at 3.7%
AED 17,388

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