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1-bed · 1,305 sqftGolden Mile 08, Palm Jumeirah · 2nd floor · completed 2009

8201, Golden Mile 08

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8201 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 1.39M21 May 2009
Current rentAED 77K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8201, Golden Mile 08

What is 8201 worth today?

Last sold for AED 1,390,000 in 2009

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10 Feb 2024RentedRenewal
AED 77,000/yr12 months · AED 59 per sqft
10 Feb 2023RentedRenewal
AED 77,000/yr12 months · AED 59 per sqft
10 Feb 2022RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
10 Feb 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
21 May 2009Sold by developerOff-plan
AED 1,390,000AED 1,065 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2024.

Key facts

Type
1-bed apartment
Size
1,305 sqft
Floor
2nd of 7
Parking
Building 8- B3-21
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.39M · May 2009
Building
Golden Mile 08

About 8201, Golden Mile 08

8201 is a one-bedroom apartment of 1,305 sqft on the 2nd floor of Golden Mile 08, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 1,390,000, or AED 1,065 per sqft, 12% below the AED 1,217 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 February 2024, is AED 77,000 a year: a gross yield of 5.5% on the 2009 price, before the service charge of about AED 20,200 a year.

Sales and rents for 8201 over time

Sales
Unit 8201, each saleTypical one-bed in Golden Mile 08
1M2M20092013201720212025Typical sale price by year: 2009 AED 1,505,000; 2012 AED 925,000; 2022 AED 1,370,000; 2023 AED 1,950,000; 2024 AED 2,150,000Sold by developer, May 2009: AED 1,390,000 (AED 1,065 per sqft)

8201 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8201, each contractTypical one-bed in Golden Mile 08
100K150K2016201920222025Typical rent by year: 2016 AED 120,000; 2017 AED 105,000; 2018 AED 100,000; 2019 AED 89,000; 2020 AED 73,500; 2021 AED 75,000; 2022 AED 96,750; 2023 AED 108,300; 2024 AED 130,894; 2025 AED 130,894; 2026 AED 145,000Renewal, February 2021: AED 70,000 a yearRenewal, February 2022: AED 70,000 a yearRenewal, February 2023: AED 77,000 a yearRenewal, February 2024: AED 77,000 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 08, and where 8201 sits

All 20 1-beds →

8201 last sold in May 2009 at AED 1,065 per sqft, 12% below what one-beds in Golden Mile 08 were fetching at the time (AED 1,217). 8201's AED 77,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jan 20252,650,000
11 Nov 20242,200,000
28 Oct 20242,725,000
8 Aug 20242,125,000
0 1-bed sales in the last 12 months

Golden Mile 08

Building

81 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 2 sold in the last 12 months.

Typical price per sqft
AED 2,185
Typical sale
AED 4.01M
Typical rent
AED 215K /yr
Typical yield
5.1%
Golden Mile 08, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 81 units in Golden Mile 08
Value
82022-bedAED 2.7M · May 2024
82032-bedAED 2.25M · Mar 2017
82041-bedAED 900K · Oct 2012
82052-bedAED 1.78M · Aug 2021
82061-bedAED 2M · Jul 2023
82072-bedAED 2.2M · May 2015
82083-bedAED 4.4M · May 2023
1–7 of 11

8201, Golden Mile 08 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,390,000, or AED 1,065 per sqft.
  • Rented since February 2021 on 4 Ejari contracts, from AED 70,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2009 price is 5.5%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2024.

Questions about 8201, Golden Mile 08

What did unit 8201 last sell for?

AED 1,390,000 on 21 May 2009, sold by the developer: AED 1,065 per sqft for 1,305 sqft. It is the only registered sale of the unit.

What is the rent for unit 8201?

AED 77,000 a year on the contract renewed on 10 February 2024. The previous contract, from February 2023, was AED 77,000; the unit has been rented since February 2021.

How big is unit 8201?

1,305 sqft (121.2 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 8201 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 8201, Golden Mile 08

Starts from the last sale price (AED 1.39M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

Plus AED 63,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →