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1-bed · 1,290 sqftGolden Mile 10, Palm Jumeirah · 2nd floor · completed 2009

10206, Golden Mile 10

Sold prices and rental history: sold 3 times, last in January 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10206 · DLD and Ejari recordsUpdated 12 January 2022
Last soldAED 1.45M12 January 2022
Current rentAED 60K /yr2 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 10206, Golden Mile 10

What is 10206 worth today?

Last sold for AED 1,450,000 in 2022

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12 Jan 2022SoldReady
AED 1,450,000AED 1,124 per sqft
2 Oct 2020RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
25 Feb 2018RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft
26 Mar 2015SoldOff-plan
AED 1,550,000AED 1,201 per sqft
26 Aug 2009Sold by developerOff-plan
AED 1,250,000AED 969 per sqft

Source: Dubai Land Department. Updated 12 January 2022.

Key facts

Type
1-bed apartment
Size
1,290 sqft
Floor
2nd of 7
Parking
Building 10- B3-81
Developer
Souq Residences
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.45M · January 2022
Building
Golden Mile 10

About 10206, Golden Mile 10

10206 is a one-bedroom apartment of 1,290 sqft on the 2nd floor of Golden Mile 10, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 12 January 2022 for AED 1,450,000, or AED 1,124 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 2 October 2020, is AED 60,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 20,000 a year.

Sales and rents for 10206 over time

Sales
Unit 10206, 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, August 2009: AED 1,250,000 (AED 969 per sqft)Sold, March 2015: AED 1,550,000 (AED 1,201 per sqft)Sold, January 2022: AED 1,450,000 (AED 1,124 per sqft)

10206 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 10206, each contractTypical one-bed in Golden Mile 10
50K100K2017202020232026Typical 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 105,000 a yearNew contract, October 2020: AED 60,000 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 10206 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. 10206's AED 60,000 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
102041-bedAED 1.54M · May 2009
102052-bedAED 3.15M · Sep 2024
102072-bedAED 2.05M · Oct 2016
102083-bedAED 4.3M · Sep 2023
1–7 of 11

10206, Golden Mile 10 in numbers

  • Sold 3 times: first on 26 August 2009 for AED 1,250,000, last on 12 January 2022 for AED 1,450,000 (AED 1,124 per sqft).
  • Rented since February 2018 on 2 Ejari contracts, from AED 105,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 20,000 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 12 January 2022.

Questions about 10206, Golden Mile 10

What did unit 10206 last sell for?

AED 1,450,000 on 12 January 2022: AED 1,124 per sqft for 1,290 sqft. The unit has 3 registered sales; the first was AED 1,250,000 in August 2009.

What is the rent for unit 10206?

AED 60,000 a year on the contract signed on 2 October 2020. The previous contract, from February 2018, was AED 105,000.

How big is unit 10206?

1,290 sqft (119.8 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 10206 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 10206, Golden Mile 10

Starts from the last sale price (AED 1.45M, 12 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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