1-bed · 1,307 sqftGolden Mile 10, Palm Jumeirah · 2nd floor · completed 2009

10204, Golden Mile 10

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10204 · DLD and Ejari recordsUpdated 15 February 2024
Last soldAED 1.54M21 May 2009
Current rentAED 95K /yr15 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10204, Golden Mile 10

What is 10204 worth today?

Last sold for AED 1,540,000 in 2009

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15 Feb 2024RentedRenewal
AED 94,622/yr12 months · AED 73 per sqft
15 Feb 2023RentedRenewal
AED 86,020/yr12 months · AED 66 per sqft
15 Feb 2022RentedRenewal
AED 78,200/yr12 months · AED 60 per sqft
15 Feb 2021RentedRenewal
AED 68,000/yr12 months · AED 52 per sqft
15 Feb 2020RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
15 Feb 2019RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
15 Feb 2018RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
21 May 2009Sold by developerOff-plan
AED 1,540,000AED 1,178 per sqft

Source: Dubai Land Department. Updated 15 February 2024.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
2nd of 7
Parking
Building 10- B3-108
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.54M · May 2009

About 10204, Golden Mile 10

10204 is a one-bedroom apartment of 1,307 sqft on the 2nd floor of Golden Mile 10, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 1,540,000, or AED 1,178 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 15 February 2024, is AED 94,622 a year: a gross yield of 6.1% on the 2009 price, before the service charge of about AED 20,200 a year.

Sales and rents for 10204 over time

Sales
Unit 10204, 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, May 2009: AED 1,540,000 (AED 1,178 per sqft)

10204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 10204, 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, February 2018: AED 95,000 a yearRenewal, February 2019: AED 80,000 a yearRenewal, February 2020: AED 80,000 a yearRenewal, February 2021: AED 68,000 a yearRenewal, February 2022: AED 78,200 a yearRenewal, February 2023: AED 86,020 a yearRenewal, February 2024: AED 94,622 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 10204 sits

All 18 1-beds →

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. 10204's AED 94,622 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 2nd floor

All 79 units in Golden Mile 10
Value
102011-bedAED 1.65M · Nov 2016
102022-bedAED 2.2M · Jul 2015
102032-bedAED 1.52M · Dec 2009
102052-bedAED 3.15M · Sep 2024
102061-bedAED 1.45M · Jan 2022
102072-bedAED 2.05M · Oct 2016
102083-bedAED 4.3M · Sep 2023
1–7 of 11

10204, Golden Mile 10 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,540,000, or AED 1,178 per sqft.
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 68,000 in 2021 and recovered to AED 94,622 by February 2024.
  • At AED 94,622 a year the gross yield on the 2009 price is 6.1%, 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 10204, Golden Mile 10

What did unit 10204 last sell for?

AED 1,540,000 on 21 May 2009, sold by the developer: AED 1,178 per sqft for 1,307 sqft. It is the only registered sale of the unit.

What is the rent for unit 10204?

AED 94,622 a year on the contract renewed on 15 February 2024. The previous contract, from February 2023, was AED 86,020; the unit has been rented since February 2018.

How big is unit 10204?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 10204 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 10204, Golden Mile 10

Starts from the last sale price (AED 1.54M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,540,000
Deposit, UAE resident (20%)
AED 308,000
Deposit, non-resident (40%)
AED 616,000
Monthly over 25 years at 3.7%
AED 6,301

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