Golden Mile 1

Completed|102 units · 1 building

Golden Mile 1 is a completed development by SOUQ RESIDENCES FZCO in Palm Jumeirah, comprising 102 registered units. 201 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,728 per sqft. At AED 1,728 per sqft, Golden Mile 1 prices 31% below the Palm Jumeirah median of AED 2,488 per sqft on registered sales.

PIX© price · ↑13.4% YoY

4.01MAED

Typical

1,728AED

PSF

Gross yield

4.8%

PIX© rent ÷ PIX© price

Sale records

201

DLD · all time

Rent contracts

637

Ejari · all time

SATELLITE

LocationPalm Jumeirah

Drive times · typical

Downtown Dubai21 min · 21.9 km

DXB Airport25 min · 31.6 km

DIFC23 min · 23.9 km

Dubai Marina13 min · 7.1 km

Palm Jumeirah6 min · 4.0 km

Nearest · straight-line

Metro stationAl Fardan Exchange Metro station2.1 km

MallGolden Mile 30.2 km

SchoolJumeirah International Nurseries

HospitalBeverly0.1 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 1

…

1 Bed on Floor 1, Golden Mile 1

Size
Record: May 2009 to May 2021
Owners: 6
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Owner 6	30 May 2021	5.3 yrs	Current owner Sold with tenant in place Mortgage
4Tenant 4	28 Jul 2020	12 mo	Renewal Owner 5
4Tenant 4	28 Jul 2019	12 mo	Owner 5
3Tenant 3	20 Jun 2018	12 mo	Owner 5
2Tenant 2	1 Nov 2017	8 mo	Ended early Owner 5
5Owner 5	29 Aug 2017	3.8 yrs
1Tenant 1	5 Apr 2016	12 mo	Renewal Owner 4
1Tenant 1	5 Apr 2015	12 mo	Owner 4
4Owner 4	11 Jul 2013	4.1 yrs	Mortgage
3Owner 3	23 Jul 2012	12 mo	Mortgage
2Owner 2	27 Jun 2012	26 d
1Owner 1	19 May 2009	3.1 yrs

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1 Bed · Floor 1 · Golden Mile 1

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Occupancy (237 nights)

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Golden Mile 11,728AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 186 - 10,222 sqft	102	4.01M	1,728	↑13.4%		192K	4.8%
Residential
1 Bed · Apartment 1,288 - 1,496 sqft	18
2 Bed · Apartment 1,788 - 2,604 sqft	42
3 Bed · Apartment 2,421 - 3,729 sqft	19
Penthouse · Apartment 3,946 - 10,222 sqft	7
Commercial
Office 2,861 - 5,340 sqft	5	-	-	-	-	-	-
Shop 2,982 sqft	3	-	-	-	-	-	-
Warehouse 186 - 307 sqft	8	-	-	-	-	-	-

Sales - Project-Wide201 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 Apr 2026	1 Bed	Golden Mile 1 · Floor 6	1,288	2,800,000	2,174	+78.9%	Standard	Standard Sale
13 Mar 2026	3 Bed	Golden Mile 1 · Floor G	3,583	4,900,000	1,367	-5.8%	Standard	Standard Sale
6 Jan 2026	Penthouse	Golden Mile 1 · Floor 7	3,946	7,950,000	2,015	+94.1%	Standard	Standard Sale

Rentals - Project-Wide637 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
30 Sep 2026	Penthouse	Golden Mile 1 · Floor 7	10,222	400,000	39	-	Standard	CONTRACT
1 Sep 2026	1 Bed	Golden Mile 1 · Floor 5	1,288	120,750	94	-	Standard	CONTRACT
25 Aug 2026	Penthouse	Golden Mile 1 · Floor 7	4,677	450,000	96	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Golden Mile 1

Compared with

Golden Mile 2

PIX© PSF

1,640

Rank

#50 of 51

#49 of 51

Typical price

4.34M

Yield

4.9%

Units

102

112

Sales

Rents

170

230

Developer

SOUQ RESIDENCES FZCO

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Golden Mile 8 SOUQ RESIDENCES FZCO · Completed	106					34	219
	Taj Grandeur Residences ETA STAR PROPERTY DEVELOPERS L.L.C · Completed	235					81	299
	Golden Mile 5 SOUQ RESIDENCES FZCO · Completed	107					37	170
	Balqis Residence Block B BALQIS RESIDENCE FZE · Completed	277					60	288
	Golden Mile 9 SOUQ RESIDENCES FZCO · Completed	110					41	193
	Golden Mile 7 SOUQ RESIDENCES FZCO · Completed	96					29	170
	Golden Mile 10 SOUQ RESIDENCES FZCO · Completed	92					45	158
	Golden Mile 6 SOUQ RESIDENCES FZCO · Completed	106					40	209
	Golden Mile 2 SOUQ RESIDENCES FZCO · Completed	112					46	230
50	Golden Mile 1 SOUQ RESIDENCES FZCO · Completed	102	1,640	Subject	4.34M	4.9%	45	170
	Maurya ETA STAR PROPERTY DEVELOPERS L.L.C · Completed	118					41	144

Community median 2,488 AED/sqft. Showing the closest-ranked peers of 51 ranked projects in the community. 11 community projects excluded for insufficient recorded sales. 23 excluded for trading only in the off-plan market. 9 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Golden Mile 10AED 1,714/sqft
Golden Mile 6AED 1,699/sqft
Golden Mile 7AED 1,760/sqft
Golden Mile 2AED 1,668/sqft
Golden Mile 9AED 1,808/sqft
Balqis Residence Block BAED 1,880/sqft

Common questions about Golden Mile 1

Answered from Dubai Land Department registered transactions.

How much does a property in Golden Mile 1 cost?

Property in Golden Mile 1 sells at a current PIX© price of AED 1,728 per sqft, or about AED 4,009,999 for a typical unit, based on 201 sales registered with the Dubai Land Department.

Is Golden Mile 1 completed?

Yes. Golden Mile 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Golden Mile 1?

Golden Mile 1 is developed by SOUQ RESIDENCES FZCO, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Golden Mile 1?

Golden Mile 1 yields 4.8% gross, calculated from current PIX© rent against current PIX© sale price, across 637 registered Ejari contracts.

How many units are in Golden Mile 1?

Golden Mile 1 holds 102 registered units, per the Dubai Land Department unit register.

Have prices in Golden Mile 1 gone up or down?

Price per sqft has risen +13.4% over the last 12 months, to AED 1,728, across 201 registered sales.