1-bed · 1,304 sqftGolden Mile 03, Palm Jumeirah · 1st floor · completed 2009

3101, Golden Mile 03

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 2.15M4 September 2024
Current rentAED 81K /yr22 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, Golden Mile 03

What is 3101 worth today?

Last sold for AED 2,150,000 in 2024

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4 Sep 2024SoldReady
AED 2,150,000AED 1,648 per sqft
22 Feb 2024RentedRenewal
AED 80,655/yr6 months · AED 62 per sqft
6 Feb 2024SoldReady
AED 1,750,000AED 1,342 per sqft
22 Feb 2023RentedRenewal
AED 80,850/yr12 months · AED 62 per sqft
22 Feb 2022RentedRenewal
AED 77,000/yr12 months · AED 59 per sqft
22 Feb 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
22 Feb 2020RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
3 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
1st of 7
Parking
Building 3-B3-48
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 2.15M · September 2024

About 3101, Golden Mile 03

3101 is a one-bedroom apartment of 1,304 sqft on the 1st floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 4 September 2024 for AED 2,150,000, or AED 1,648 per sqft, 5% above the AED 1,572 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 22 February 2024, is AED 80,655 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 20,200 a year.

Sales and rents for 3101 over time

Sales
Unit 3101, each saleTypical one-bed in Golden Mile 03
1M2M2009201420192024Typical sale price by year: 2009 AED 1,055,000; 2012 AED 822,500; 2013 AED 1,400,000; 2016 AED 595,000; 2017 AED 1,575,000Sold by developer, May 2009: AED 980,000 (AED 751 per sqft)Sold, February 2024: AED 1,750,000 (AED 1,342 per sqft)Sold, September 2024: AED 2,150,000 (AED 1,648 per sqft)

3101 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3101, each contractTypical one-bed in Golden Mile 03
100K2014201820222026Typical rent by year: 2014 AED 115,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 107,500; 2018 AED 100,000; 2019 AED 87,500; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,500; 2023 AED 90,000; 2024 AED 119,000; 2025 AED 130,000; 2026 AED 130,000New contract, November 2014: AED 110,000 a yearNew contract, August 2017: AED 105,000 a yearRenewal, August 2018: AED 100,000 a yearNew contract, February 2020: AED 72,000 a yearRenewal, February 2021: AED 70,000 a yearRenewal, February 2022: AED 77,000 a yearRenewal, February 2023: AED 80,850 a yearRenewal, February 2024: AED 80,655 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 03, and where 3101 sits

All 18 1-beds →

3101 last sold in September 2024 at AED 1,648 per sqft, 5% above what one-beds in Golden Mile 03 were fetching at the time (AED 1,572). Over the last 12 months one-beds sold for AED 2,700,000, around AED 2,070 per sqft, and rent for AED 115,500 to 147,000 a year. 3101's AED 80,655 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 20262,700,000
23 Jul 20252,125,000
27 Nov 20232,050,000
11 Aug 20221,475,000
1 1-bed sale in the last 12 months

Golden Mile 03

Building

85 apartments, 1-bed to 4-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 6 sold in the last 12 months.

Typical price per sqft
AED 1,870
Typical sale
AED 3.69M
Typical rent
AED 169K /yr
Typical yield
5.3%
Golden Mile 03, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 85 units in Golden Mile 03
Value
31022-bedAED 1.88M · Jun 2013
31032-bedAED 2.5M · Feb 2015
31041-bedAED 2.13M · Jul 2025
31052-bedAED 1.65M · May 2011
31061-bedAED 1.4M · May 2018
31072-bedAED 3.59M · Jul 2026
31083-bedAED 4.5M · Jun 2023
1–7 of 11

3101, Golden Mile 03 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 980,000, last on 4 September 2024 for AED 2,150,000 (AED 1,648 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2021 and recovered to AED 80,655 by February 2024.
  • At AED 80,655 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
  • One-beds in Golden Mile 03 sold for AED 2,700,000–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,870 per sqft.

Source: Dubai Land Department. Updated 4 September 2024.

Questions about 3101, Golden Mile 03

What did unit 3101 last sell for?

AED 2,150,000 on 4 September 2024: AED 1,648 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 980,000 in May 2009.

What is the rent for unit 3101?

AED 80,655 a year on the contract renewed on 22 February 2024. The previous contract, from February 2023, was AED 80,850; the unit has been rented since November 2014.

How big is unit 3101?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 3101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 03 sold for AED 2,700,000 to 2,700,000 in the last 12 months, around AED 2,070 per sqft.

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Mortgage on 3101, Golden Mile 03

Starts from the last sale price (AED 2.15M, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →