8601, Golden Mile 08
Sold prices and rental history: sold once, by the developer in May 2009, 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 8601, Golden Mile 08
What is 8601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 18 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,305 sqft
- Floor
- 6th of 7
- Parking
- Building 8- B3-25, 32
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.64M · May 2009
- Building
- Golden Mile 08
About 8601, Golden Mile 08
8601 is a one-bedroom apartment of 1,305 sqft on the 6th 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 1,640,000, or AED 1,257 per sqft, 3% above the AED 1,217 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 18 October 2024, is AED 140,000 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 8601 over time
8601 has sold once; 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 08, and where 8601 sits
All 20 1-beds →8601 last sold in May 2009 at AED 1,257 per sqft, 3% above what one-beds in Golden Mile 08 were fetching at the time (AED 1,217). 8601's AED 140,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jan 202524 January 2025 | 1,290 sqft | 2,650,000 | 2,055 | ||
| 11 Nov 202411 November 2024 | 1,294 sqft | 2,200,000 | 1,699 | ||
| 28 Oct 202428 October 2024 | 1,307 sqft | 2,725,000 | 2,085 | ||
| 8 Aug 20248 August 2024 | 1,304 sqft | 2,125,000 | 1,629 |
Golden Mile 08
Building81 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%
Other units on the 6th floor
All 81 units in Golden Mile 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 8602 | 1,799 sqft | AED 3.9MAED 3,900,010 · Aug 2025August 2025 | 123,000 /yr | ||
| 8603 | 2-bed | 1,800 sqft | AED 2.2MAED 2,200,000 · Sep 2022September 2022 | 190,000 /yr | |
| 8604 | 1-bed | 1,307 sqft | AED 1.45MAED 1,450,000 · Apr 2022April 2022 | 120,000 /yr | |
| 8605 | 2-bed | 1,802 sqft | AED 1.5MAED 1,500,000 · Sep 2009September 2009 | 200,000 /yr | |
| 8606 | 1-bed | 1,294 sqft | AED 2.2MAED 2,200,000 · Nov 2024November 2024 | 160,000 /yr | |
| 8607 | 2-bed | 1,889 sqft | AED 1.73MAED 1,725,000 · Nov 2021November 2021 | 159,829 /yr | |
| 8608 | 3-bed | 3,359 sqft | AED 1.45MAED 1,450,000 · Aug 2010August 2010 | 350,000 /yr | |
| 8609 | 2-bed | 1,788 sqft | AED 2.75MAED 2,750,000 · Nov 2014November 2014 | 275,000 /yr | |
| 8610 | 2-bed | 1,794 sqft | AED 1.92MAED 1,920,000 · Aug 2021August 2021 | 210,000 /yr | |
| 8611 | 2-bed | 1,794 sqft | AED 3.5MAED 3,500,000 · Oct 2024October 2024 | 240,000 /yr | |
| 8612 | 3-bed | 2,414 sqft | AED 3MAED 3,000,000 · Sep 2022September 2022 | 210,000 /yr |
8601, Golden Mile 08 in numbers
- Sold once: by Souq Residences on 21 May 2009 for AED 1,640,000, or AED 1,257 per sqft.
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2020 and recovered to AED 140,000 by October 2024.
- At AED 140,000 a year the gross yield on the 2009 price is 8.5%, 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 18 October 2024.
Questions about 8601, Golden Mile 08
What did unit 8601 last sell for?
AED 1,640,000 on 21 May 2009, sold by the developer: AED 1,257 per sqft for 1,305 sqft. It is the only registered sale of the unit.
What is the rent for unit 8601?
AED 140,000 a year on the contract signed on 18 October 2024. The previous contract, from November 2023, was AED 105,000; the unit has been rented since August 2017.
How big is unit 8601?
1,305 sqft (121.2 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 8601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 8601? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 8601, Golden Mile 08
Starts from the last sale price (AED 1.64M, 21 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,640,000
- Deposit, UAE resident (20%)
- AED 328,000
- Deposit, non-resident (40%)
- AED 656,000
- Monthly over 25 years at 3.7%
- AED 6,710
Plus AED 73,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →