1306, Golden Mile 01
Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1306, Golden Mile 01
What is 1306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 3rd of 7
- Parking
- Building 1-B3-21
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.73M · June 2023
- Building
- Golden Mile 01
About 1306, Golden Mile 01
1306 is a one-bedroom apartment of 1,288 sqft on the 3rd floor of Golden Mile 01, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 22 June 2023 for AED 1,730,000, or AED 1,342 per sqft, 8% above the AED 1,244 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 78,750 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 20,000 a year.
Sales and rents for 1306 over time
1306 has sold twice; the dashed line is the one-bed median of each year in the building.
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 01, and where 1306 sits
All 17 1-beds →1306 last sold in June 2023 at AED 1,342 per sqft, 8% above what one-beds in Golden Mile 01 were fetching at the time (AED 1,244).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202510 February 2025 | 1,409 sqft | 1,700,000 | 1,206 | ||
| 23 Jan 202323 January 2023 | 1,288 sqft | 1,565,000 | 1,214 | ||
| 7 Nov 20227 November 2022 | 1,288 sqft | 1,640,000 | 1,273 | ||
| 28 Jul 202228 July 2022 | 1,307 sqft | 1,450,000 | 1,109 |
Golden Mile 01
Building85 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,014
- Typical sale
- AED 4M
- Typical rent
- AED 187K /yr
- Typical yield
- 5.1%
Other units on the 3rd floor
All 85 units in Golden Mile 01| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 1,304 sqft | AED 1.08MAED 1,080,000 · Apr 2012April 2012 | 135,000 /yr | |
| 1302 | 2-bed | 1,799 sqft | AED 1.25MAED 1,250,000 · May 2009May 2009 | 188,000 /yr | |
| 1303 | 2-bed | 1,800 sqft | AED 1.25MAED 1,250,000 · May 2016May 2016 | 135,000 /yr | |
| 1304 | 1-bed | 1,307 sqft | AED 1.41MAED 1,410,000 · May 2022May 2022 | 80,000 /yr | |
| 1305 | 2-bed | 1,808 sqft | AED 1.45MAED 1,450,000 · Mar 2011March 2011 | ||
| 1307 | 2-bed | 1,887 sqft | AED 1.05MAED 1,050,000 · May 2009May 2009 | 148,500 /yr | |
| 1308 | 3-bed | 3,329 sqft | AED 5MAED 5,000,000 · Nov 2023November 2023 | 161,572 /yr | |
| 1309 | 2-bed | 1,788 sqft | AED 1.55MAED 1,550,000 · Apr 2019April 2019 | 150,000 /yr | |
| 1310 | 2-bed | 1,794 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 210,000 /yr | |
| 1311 | 2-bed | 1,794 sqft | AED 2MAED 2,000,000 · Jun 2022June 2022 | 140,000 /yr | |
| 1312 | 3-bed | 2,421 sqft | AED 3.4MAED 3,400,000 · Mar 2023March 2023 | 150,000 /yr |
1306, Golden Mile 01 in numbers
- Sold twice: first on 13 May 2009 for AED 970,000, last on 22 June 2023 for AED 1,730,000 (AED 1,342 per sqft).
- Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2020 and recovered to AED 78,750 by September 2022.
- At AED 78,750 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 20,000 a year (AED 15.49 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 22 June 2023.
Questions about 1306, Golden Mile 01
What did unit 1306 last sell for?
AED 1,730,000 on 22 June 2023: AED 1,342 per sqft for 1,288 sqft. The unit has 2 registered sales; the first was AED 970,000 in May 2009.
What is the rent for unit 1306?
AED 78,750 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 75,000; the unit has been rented since March 2017.
How big is unit 1306?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 1306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1306, Golden Mile 01
Starts from the last sale price (AED 1.73M, 22 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,000
- Deposit, UAE resident (20%)
- AED 346,000
- Deposit, non-resident (40%)
- AED 692,000
- Monthly over 25 years at 3.7%
- AED 7,078
Plus AED 77,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →