2-bed · 2,595 sqftGolden Mile 03, Palm Jumeirah · 1st floor · completed 2009

3109, Golden Mile 03

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3109 · DLD and Ejari recordsUpdated 16 January 2023
Last soldAED 1.36M16 January 2023
Current rentAED 110K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3109, Golden Mile 03

What is 3109 worth today?

Last sold for AED 1,362,500 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Jan 2023SoldReady
AED 1,362,500AED 524 per sqft
14 Apr 2022SoldReady
AED 2,000,000AED 770 per sqft
10 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 42 per sqft
10 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 39 per sqft
19 Feb 2020RentedRenewal
AED 110,000/yr12 months · AED 42 per sqft
19 Feb 2019RentedRenewal
AED 125,000/yr12 months · AED 48 per sqft
19 Feb 2018RentedRenewal
AED 155,000/yr12 months · AED 60 per sqft
19 Feb 2017RentedNew contract
AED 155,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 16 January 2023.

Key facts

Type
2-bed apartment
Size
2,595 sqft
Floor
1st of 7
Parking
Building 3-B3-99
Developer
Souq Residences
Completed
2009
Service charge
AED 40,200 /yr
Last sold
AED 1.36M · January 2023

About 3109, Golden Mile 03

3109 is a two-bedroom apartment of 2,595 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 16 January 2023 for AED 1,362,500, or AED 524 per sqft, 48% below the AED 1,006 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 December 2021, is AED 110,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 40,200 a year.

Sales and rents for 3109 over time

Sales
Unit 3109, each saleTypical two-bed in Golden Mile 03
2M2004201020162022Typical sale price by year: 2004 AED 1,425,000; 2009 AED 1,425,000; 2010 AED 1,377,500; 2011 AED 1,435,000; 2013 AED 1,755,000; 2017 AED 2,075,000; 2019 AED 807,454; 2021 AED 1,510,000; 2022 AED 1,935,000; 2023 AED 2,712,500; 2024 AED 3,400,000Sold by developer, May 2009: AED 1,540,000 (AED 593 per sqft)Sold, April 2022: AED 2,000,000 (AED 770 per sqft)Sold, January 2023: AED 1,362,500 (AED 524 per sqft)

3109 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3109, each contractTypical two-bed in Golden Mile 03
100K150K200K2014201820222026Typical rent by year: 2014 AED 160,000; 2015 AED 157,500; 2016 AED 147,500; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 142,500; 2024 AED 175,000; 2025 AED 197,500; 2026 AED 187,500New contract, February 2015: AED 144,000 a yearNew contract, February 2016: AED 150,000 a yearNew contract, February 2017: AED 155,000 a yearRenewal, February 2018: AED 155,000 a yearRenewal, February 2019: AED 125,000 a yearRenewal, February 2020: AED 110,000 a yearNew contract, December 2020: AED 100,000 a yearRenewal, December 2021: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golden Mile 03, and where 3109 sits

All 42 2-beds →

3109 last sold in January 2023 at AED 524 per sqft, 48% below what two-beds in Golden Mile 03 were fetching at the time (AED 1,006). Over the last 12 months two-beds sold for AED 3,400,000 to 3,800,000, around AED 1,889 per sqft, and rent for AED 157,979 to 245,000 a year. 3109's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20263,400,000
30 Jul 20263,588,888
23 Dec 20253,800,000
6 Mar 20253,850,000
3 2-bed sales 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
31011-bedAED 2.15M · Sep 2024
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
1–7 of 11

3109, Golden Mile 03 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,540,000, last on 16 January 2023 for AED 1,362,500 (AED 524 per sqft).
  • Rented since February 2015 on 8 Ejari contracts, from AED 144,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 40,200 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 03 sold for AED 3,400,000–3,800,000 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 16 January 2023.

Questions about 3109, Golden Mile 03

What did unit 3109 last sell for?

AED 1,362,500 on 16 January 2023: AED 524 per sqft for 2,595 sqft. The unit has 3 registered sales; the first was AED 1,540,000 in May 2009.

What is the rent for unit 3109?

AED 110,000 a year on the contract renewed on 10 December 2021. The previous contract, from December 2020, was AED 100,000; the unit has been rented since February 2015.

How big is unit 3109?

2,595 sqft (241.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 3109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golden Mile 03 sold for AED 3,400,000 to 3,800,000 in the last 12 months, around AED 1,889 per sqft.

Selling 3109? 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.

How OpenOffers works

Mortgage on 3109, Golden Mile 03

Starts from the last sale price (AED 1.36M, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,362,500
Deposit, UAE resident (20%)
AED 272,500
Deposit, non-resident (40%)
AED 545,000
Monthly over 25 years at 3.7%
AED 5,574

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