1-bed · 1,307 sqftGolden Mile 10, Palm Jumeirah · 5th floor · completed 2009

10504, Golden Mile 10

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10504 · DLD and Ejari recordsUpdated 1 April 2023
Last soldAED 1.72M21 March 2023
Current rentAED 83K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10504, Golden Mile 10

What is 10504 worth today?

Last sold for AED 1,720,000 in 2023

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1 Apr 2023RentedNew contract
AED 82,691/yr5 months · AED 63 per sqft
21 Mar 2023SoldReady
AED 1,720,000AED 1,316 per sqft
1 Apr 2021RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
1 Apr 2020RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
25 May 2019RentedRenewal
AED 88,000/yr12 months · AED 68 per sqft
25 May 2018RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
7 Dec 2016RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
30 Aug 2009SoldOff-plan
AED 1,100,000AED 841 per sqft

Source: Dubai Land Department. Updated 1 April 2023.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
5th of 7
Parking
Building 10-B3-105
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.72M · March 2023

About 10504, Golden Mile 10

10504 is a one-bedroom apartment of 1,307 sqft on the 5th floor of Golden Mile 10, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 21 March 2023 for AED 1,720,000, or AED 1,316 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 April 2023, is AED 82,691 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 10504 over time

Sales
Unit 10504, each saleTypical one-bed in Golden Mile 10
1M1.5M2007201220172022Typical sale price by year: 2009 AED 1,250,000; 2011 AED 1,000,000; 2023 AED 1,720,000Sold by developer, March 2007: AED 1,690,000 (AED 1,293 per sqft)Sold, August 2009: AED 1,100,000 (AED 841 per sqft)Sold, March 2023: AED 1,720,000 (AED 1,316 per sqft)

10504 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 10504, each contractTypical one-bed in Golden Mile 10
100K2016201920222025Typical 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, December 2016: AED 115,000 a yearNew contract, May 2018: AED 95,000 a yearRenewal, May 2019: AED 88,000 a yearNew contract, April 2020: AED 75,000 a yearNew contract, April 2021: AED 75,000 a yearNew contract, April 2023: AED 82,691 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 10504 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. 10504's AED 82,691 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 5th floor

All 79 units in Golden Mile 10
Value
105011-bedAED 1.6M · Apr 2016
105022-bedAED 2.6M · Jul 2023
105032-bedAED 1.4M · Mar 2021
105052-bedAED 2.6M · Feb 2014
105061-bedAED 1.1M · Aug 2009
105072-bedAED 1.8M · May 2009
105083-bedAED 4.25M · Dec 2021
1–7 of 11

10504, Golden Mile 10 in numbers

  • Sold 3 times: first on 21 March 2007 for AED 1,690,000, last on 21 March 2023 for AED 1,720,000 (AED 1,316 per sqft).
  • Rented since December 2016 on 6 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2021 and recovered to AED 82,691 by April 2023.
  • At AED 82,691 a year the gross yield on the 2023 price is 4.8%, 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 1 April 2023.

Questions about 10504, Golden Mile 10

What did unit 10504 last sell for?

AED 1,720,000 on 21 March 2023: AED 1,316 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 1,690,000 in March 2007.

What is the rent for unit 10504?

AED 82,691 a year on the contract signed on 1 April 2023. The previous contract, from April 2021, was AED 75,000; the unit has been rented since December 2016.

How big is unit 10504?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 10504 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 10504, Golden Mile 10

Starts from the last sale price (AED 1.72M, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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