1-bed · 1,304 sqftGolden Mile 10, Palm Jumeirah · 1st floor · completed 2009

10101, Golden Mile 10

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10101 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 980K26 July 2011
Current rentAED 91K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10101, Golden Mile 10

What is 10101 worth today?

Last sold for AED 980,000 in 2011

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15 Feb 2024RentedRenewal
AED 90,921/yr12 months · AED 70 per sqft
15 Feb 2023RentedRenewal
AED 81,180/yr12 months · AED 62 per sqft
15 Feb 2022RentedRenewal
AED 79,200/yr12 months · AED 61 per sqft
15 Feb 2021RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
24 Sep 2020RentedNew contract
AED 73,000/yr12 months · AED 56 per sqft
13 Jul 2019RentedNew contract
AED 82,000/yr12 months · AED 63 per sqft
1 Aug 2018RentedRenewal · flagged as an outlier
AED 20,800/yr15 months · AED 16 per sqft
1 Aug 2017RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
1st of 7
Parking
Building 10- B3-103
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 980K · July 2011

About 10101, Golden Mile 10

10101 is a one-bedroom apartment of 1,304 sqft on the 1st floor of Golden Mile 10, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 26 July 2011 for AED 980,000, or AED 751 per sqft, in line with the AED 765 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 90,921 a year: a gross yield of 9.3% on the 2011 price, before the service charge of about AED 20,200 a year.

Sales and rents for 10101 over time

Sales
Unit 10101, each saleTypical one-bed in Golden Mile 10
1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,250,000; 2011 AED 1,000,000; 2023 AED 1,720,000Sold by developer, July 2011: AED 980,000 (AED 751 per sqft)

10101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 10101, each contractTypical one-bed in Golden Mile 10
100K2017202020232026Typical rent by year: 2017 AED 105,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 71,500; 2021 AED 70,000; 2022 AED 80,935; 2023 AED 89,300; 2024 AED 122,502; 2025 AED 135,000; 2026 AED 122,500New contract, August 2017: AED 105,000 a yearNew contract, July 2019: AED 82,000 a yearNew contract, September 2020: AED 73,000 a yearNew contract, February 2021: AED 72,000 a yearRenewal, February 2022: AED 79,200 a yearRenewal, February 2023: AED 81,180 a yearRenewal, February 2024: AED 90,921 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golden Mile 10, and where 10101 sits

All 18 1-beds →

10101 last sold in July 2011 at AED 751 per sqft, in line with what one-beds in Golden Mile 10 were fetching at the time (AED 765). Over the last 12 months one-beds sold for AED 2,500,000, around AED 1,938 per sqft, and rent for AED 110,000 to 140,000 a year. 10101's AED 90,921 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Oct 20262,500,000
28 Mar 20252,575,000
8 Nov 20242,543,511
22 Sep 20232,000,000
1 1-bed sale in the last 12 months

Golden Mile 10

Building

79 apartments, 1-bed to 4-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 2,071
Typical sale
AED 3.95M
Typical rent
AED 180K /yr
Typical yield
4.8%
Golden Mile 10, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 79 units in Golden Mile 10
Value
101022-bedAED 2.11M · Jun 2013
101032-bedAED 2.77M · Feb 2024
101041-bedAED 2.54M · Nov 2024
101052-bedAED 2.95M · Jul 2023
101061-bedAED 1.69M · Apr 2023
101072-bedAED 1.5M · Dec 2009
101083-bedAED 4.35M · Nov 2022
1–7 of 11

10101, Golden Mile 10 in numbers

  • Sold once: by Souq Residences on 26 July 2011 for AED 980,000, or AED 751 per sqft.
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 20,800 in 2018 and recovered to AED 90,921 by February 2024.
  • At AED 90,921 a year the gross yield on the 2011 price is 9.3%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
  • One-beds in Golden Mile 10 sold for AED 2,500,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,071 per sqft.

Source: Dubai Land Department. Updated 15 February 2024.

Questions about 10101, Golden Mile 10

What did unit 10101 last sell for?

AED 980,000 on 26 July 2011, sold by the developer: AED 751 per sqft for 1,304 sqft. It is the only registered sale of the unit.

What is the rent for unit 10101?

AED 90,921 a year on the contract renewed on 15 February 2024. The previous contract, from February 2023, was AED 81,180; the unit has been rented since August 2017.

How big is unit 10101?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 10101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 10 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,938 per sqft.

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Mortgage on 10101, Golden Mile 10

Starts from the last sale price (AED 980K, 26 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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