3-bed · 2,414 sqftGolden Mile 10, Palm Jumeirah · 5th floor · completed 2009

10512, Golden Mile 10

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 10512 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 3.7M22 November 2023
Current rentAED 149K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 10512, Golden Mile 10

What is 10512 worth today?

Last sold for AED 3,700,000 in 2023

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22 Nov 2023SoldReady
AED 3,700,000AED 1,532 per sqft
1 Jun 2023RentedRenewal
AED 149,270/yr12 months · AED 62 per sqft
1 Jun 2022RentedRenewal
AED 137,700/yr12 months · AED 57 per sqft
1 Jun 2021RentedNew contract
AED 118,000/yr12 months · AED 49 per sqft
1 Jun 2020RentedNew contract
AED 118,000/yr12 months · AED 49 per sqft
22 Jan 2019RentedRenewal
AED 170,000/yr12 months · AED 71 per sqft
22 Jan 2017RentedNew contract
AED 190,000/yr12 months · AED 79 per sqft
21 May 2009Sold by developerOff-plan
AED 2,850,000AED 1,180 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
3-bed apartment
Size
2,414 sqft
Floor
5th of 7
Parking
Building 10-B3-14
Developer
Souq Residences
Completed
2009
Service charge
AED 37,400 /yr
Last sold
AED 3.7M · November 2023

About 10512, Golden Mile 10

10512 is a three-bedroom apartment of 2,414 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 22 November 2023 for AED 3,700,000, or AED 1,532 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 149,270 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 37,400 a year.

Sales and rents for 10512 over time

Sales
Unit 10512, each saleTypical three-bed in Golden Mile 10
2M4M6M2009201420192024Typical sale price by year: 2009 AED 2,900,000; 2012 AED 2,575,000; 2013 AED 2,590,000; 2023 AED 4,200,000; 2025 AED 6,775,000Sold by developer, May 2009: AED 2,850,000 (AED 1,180 per sqft)Sold, November 2023: AED 3,700,000 (AED 1,532 per sqft)

10512 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 10512, each contractTypical three-bed in Golden Mile 10
100K200K300K2017202020232026Typical rent by year: 2017 AED 197,500; 2018 AED 200,000; 2019 AED 177,500; 2020 AED 162,500; 2021 AED 160,000; 2022 AED 169,000; 2023 AED 220,000; 2024 AED 300,000; 2025 AED 303,052; 2026 AED 302,500New contract, January 2017: AED 190,000 a yearRenewal, January 2019: AED 170,000 a yearNew contract, June 2020: AED 118,000 a yearNew contract, June 2021: AED 118,000 a yearRenewal, June 2022: AED 137,700 a yearRenewal, June 2023: AED 149,270 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 10, and where 10512 sits

All 15 3-beds →

Over the last 12 months three-beds sold for AED 4,999,999, around AED 2,071 per sqft, and rent for AED 260,000 to 305,000 a year. 10512's AED 149,270 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Jul 20264,999,999
9 Sep 20258,400,000
18 Apr 20255,700,000
17 Apr 20256,550,000
1 3-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
105041-bedAED 1.72M · Mar 2023
105052-bedAED 2.6M · Feb 2014
105061-bedAED 1.1M · Aug 2009
105072-bedAED 1.8M · May 2009
1–7 of 11

10512, Golden Mile 10 in numbers

  • Sold twice: first on 21 May 2009 for AED 2,850,000, last on 22 November 2023 for AED 3,700,000 (AED 1,532 per sqft).
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 190,000 to AED 118,000 in 2021 and recovered to AED 149,270 by June 2023.
  • At AED 149,270 a year the gross yield on the 2023 price is 4.0%, before a service charge of about AED 37,400 a year (AED 15.49 per sqft).
  • Three-beds in Golden Mile 10 sold for AED 4,999,999–4,999,999 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 22 November 2023.

Questions about 10512, Golden Mile 10

What did unit 10512 last sell for?

AED 3,700,000 on 22 November 2023: AED 1,532 per sqft for 2,414 sqft. The unit has 2 registered sales; the first was AED 2,850,000 in May 2009.

What is the rent for unit 10512?

AED 149,270 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 137,700; the unit has been rented since January 2017.

How big is unit 10512?

2,414 sqft (224.3 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 10512 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 10 sold for AED 4,999,999 to 4,999,999 in the last 12 months, around AED 2,071 per sqft.

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Mortgage on 10512, Golden Mile 10

Starts from the last sale price (AED 3.7M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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