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1-bed · 1,305 sqftGolden Mile 08, Palm Jumeirah · 5th floor · completed 2009

8501, Golden Mile 08

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

Unit 8501 · DLD and Ejari recordsUpdated 14 January 2026
Last soldAED 1.95M13 July 2023
Current rentAED 215K /yr14 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 8501, Golden Mile 08

What is 8501 worth today?

Last sold for AED 1,950,000 in 2023

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14 Jan 2026RentedNew contract
AED 214,570/yr5 months · AED 164 per sqft
3 Apr 2024RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
13 Jul 2023SoldReady
AED 1,950,000AED 1,494 per sqft
3 Apr 2023RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
1 Jun 2020RentedNew contract
AED 73,500/yr24 months · AED 56 per sqft
19 May 2019RentedRenewal
AED 88,000/yr12 months · AED 68 per sqft
19 May 2018RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
28 Apr 2017RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 January 2026.

Key facts

Type
1-bed apartment
Size
1,305 sqft
Floor
5th of 7
Parking
Building 8-B3-24
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.95M · July 2023
Building
Golden Mile 08

About 8501, Golden Mile 08

8501 is a one-bedroom apartment of 1,305 sqft on the 5th floor of Golden Mile 08, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 13 July 2023 for AED 1,950,000, or AED 1,494 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 14 January 2026, is AED 214,570 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 8501 over time

Sales
Unit 8501, 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 1,590,000 (AED 1,218 per sqft)Sold, June 2014: AED 1,800,000 (AED 1,379 per sqft)Sold, July 2023: AED 1,950,000 (AED 1,494 per sqft)

8501 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 8501, each contractTypical one-bed in Golden Mile 08
100K200K2016201920222025Typical 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, April 2017: AED 120,000 a yearNew contract, May 2018: AED 90,000 a yearRenewal, May 2019: AED 88,000 a yearNew contract, June 2020: AED 73,500 a yearNew contract, April 2023: AED 140,000 a yearNew contract, April 2024: AED 140,000 a yearNew contract, January 2026: AED 214,570 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 8501 sits

All 20 1-beds →

8501's AED 214,570 is at the top 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 5th floor

All 81 units in Golden Mile 08
Value
85022-bedAED 1.35M · May 2021
85032-bedAED 2.15M · Sep 2016
85041-bedAED 1.07M · Aug 2009
85052-bedAED 1.45M · Dec 2020
85061-bedAED 750K · Apr 2017
85072-bedAED 650K · Apr 2012
8508AED 4M · Jan 2014
1–7 of 11

8501, Golden Mile 08 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,590,000, last on 13 July 2023 for AED 1,950,000 (AED 1,494 per sqft).
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 73,500 in 2020 and recovered to AED 214,570 by January 2026.
  • At AED 214,570 a year the gross yield on the 2023 price is 11.0%, 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 14 January 2026.

Questions about 8501, Golden Mile 08

What did unit 8501 last sell for?

AED 1,950,000 on 13 July 2023: AED 1,494 per sqft for 1,305 sqft. The unit has 3 registered sales; the first was AED 1,590,000 in May 2009.

What is the rent for unit 8501?

AED 214,570 a year on the contract signed on 14 January 2026. The previous contract, from April 2024, was AED 140,000; the unit has been rented since April 2017.

How big is unit 8501?

1,305 sqft (121.2 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 8501 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 8501, Golden Mile 08

Starts from the last sale price (AED 1.95M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →