1-bed · 1,305 sqftGolden Mile 08, Palm Jumeirah · 3rd floor · completed 2009

8301, Golden Mile 08

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 8301 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.93M4 September 2023
Current rentAED 140K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8301, Golden Mile 08

What is 8301 worth today?

Last sold for AED 1,930,000 in 2023

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1 Feb 2024RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
20 Sep 2023RentedNew contract
AED 145,000/yr12 months · AED 111 per sqft
4 Sep 2023SoldReady
AED 1,930,000AED 1,479 per sqft
19 Dec 2022RentedRenewal
AED 139,227/yr6 months · AED 107 per sqft
14 Jun 2022SoldReady
AED 1,310,000AED 1,004 per sqft
19 Dec 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
19 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
19 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2024.

Key facts

Type
1-bed apartment
Size
1,305 sqft
Floor
3rd of 7
Parking
Building 8-B3-22
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.93M · September 2023

About 8301, Golden Mile 08

8301 is a one-bedroom apartment of 1,305 sqft on the 3rd floor of Golden Mile 08, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 4 September 2023 for AED 1,930,000, or AED 1,479 per sqft, in line with the AED 1,487 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 February 2024, is AED 140,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 8301 over time

Sales
Unit 8301, 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 1,615,000 (AED 1,237 per sqft)Sold, June 2022: AED 1,310,000 (AED 1,004 per sqft)Sold, September 2023: AED 1,930,000 (AED 1,479 per sqft)

8301 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8301, 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 145,000New contract, December 2017: AED 105,000 a yearRenewal, December 2018: AED 105,000 a yearNew contract, December 2019: AED 75,000 a yearRenewal, December 2020: AED 70,000 a yearRenewal, December 2021: AED 70,000 a yearRenewal, December 2022: AED 139,227 a yearNew contract, September 2023: AED 145,000 a yearNew contract, February 2024: AED 140,000 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 8301 sits

All 20 1-beds →

8301 last sold in September 2023 at AED 1,479 per sqft, in line with what one-beds in Golden Mile 08 were fetching at the time (AED 1,487). 8301's AED 140,000 is in the lower half 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 3rd floor

All 81 units in Golden Mile 08
Value
83022-bedAED 1.35M · Jul 2009
83032-bedAED 1.66M · May 2009
83041-bedAED 1.54M · May 2009
83052-bedAED 1.7M · May 2009
83061-bedAED 1.13M · Aug 2009
83072-bedAED 3.62M · Dec 2025
83083-bedAED 3.53M · Oct 2022
1–7 of 11

8301, Golden Mile 08 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,615,000, last on 4 September 2023 for AED 1,930,000 (AED 1,479 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 70,000 in 2021 and recovered to AED 140,000 by February 2024.
  • At AED 140,000 a year the gross yield on the 2023 price is 7.2%, 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 1 February 2024.

Questions about 8301, Golden Mile 08

What did unit 8301 last sell for?

AED 1,930,000 on 4 September 2023: AED 1,479 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 1,615,000 in May 2009.

What is the rent for unit 8301?

AED 140,000 a year on the contract signed on 1 February 2024. The previous contract, from September 2023, was AED 145,000; the unit has been rented since December 2017.

How big is unit 8301?

1,305 sqft (121.2 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 8301 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 8301, Golden Mile 08

Starts from the last sale price (AED 1.93M, 4 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,930,000
Deposit, UAE resident (20%)
AED 386,000
Deposit, non-resident (40%)
AED 772,000
Monthly over 25 years at 3.7%
AED 7,896

Plus AED 86,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →