3111, Golden Mile 03
Sold prices and rental history: sold 3 times, last in January 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3111, Golden Mile 03
What is 3111 worth today?
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Source: Dubai Land Department. Updated 7 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 2,440 sqft
- Floor
- 1st of 7
- Parking
- Building 3-B3-81
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 37,800 /yr
- Last sold
- AED 1.85M · January 2019
- Building
- Golden Mile 03
About 3111, Golden Mile 03
3111 is a two-bedroom apartment of 2,440 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 3 January 2019 for AED 1,850,000, or AED 758 per sqft, 32% below the AED 1,114 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 7 July 2024, is AED 155,875 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 37,800 a year.
Sales and rents for 3111 over time
3111 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 3111 sits
All 42 2-beds →3111 last sold in January 2019 at AED 758 per sqft, 32% below what two-beds in Golden Mile 03 were fetching at the time (AED 1,114). 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. 3111's AED 155,875 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 1,799 sqft | 3,400,000 | 1,889 | ||
| 30 Jul 202630 July 2026 | 1,939 sqft | 3,588,888 | 1,850 | ||
| 23 Dec 202523 December 2025 | 1,808 sqft | 3,800,000 | 2,102 | ||
| 6 Mar 20256 March 2025 | 1,788 sqft | 3,850,000 | 2,153 |
Golden Mile 03
Building85 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%
Other units on the 1st floor
All 85 units in Golden Mile 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3101 | 1-bed | 1,304 sqft | AED 2.15MAED 2,150,000 · Sep 2024September 2024 | 80,655 /yr | |
| 3102 | 2-bed | 2,096 sqft | AED 1.88MAED 1,880,000 · Jun 2013June 2013 | 167,000 /yr | |
| 3103 | 2-bed | 2,097 sqft | AED 2.5MAED 2,500,000 · Feb 2015February 2015 | 215,000 /yr | |
| 3104 | 1-bed | 1,409 sqft | AED 2.13MAED 2,125,000 · Jul 2025July 2025 | 145,000 /yr | |
| 3105 | 2-bed | 2,002 sqft | AED 1.65MAED 1,650,000 · May 2011May 2011 | 160,000 /yr | |
| 3106 | 1-bed | 1,288 sqft | AED 1.4MAED 1,400,000 · May 2018May 2018 | 115,500 /yr | |
| 3107 | 2-bed | 1,939 sqft | AED 3.59MAED 3,588,888 · Jul 2026July 2026 | 205,000 /yr | |
| 3108 | 3-bed | 3,329 sqft | AED 4.5MAED 4,500,000 · Jun 2023June 2023 | 590,000 /yr | |
| 3109 | 2-bed | 2,595 sqft | AED 1.36MAED 1,362,500 · Jan 2023January 2023 | 110,000 /yr | |
| 3110 | 2-bed | 2,604 sqft | AED 4.15MAED 4,150,000 · Dec 2024December 2024 | ||
| 3112 | 3-bed | 2,646 sqft | AED 2MAED 2,000,000 · Mar 2020March 2020 | 380,000 /yr |
3111, Golden Mile 03 in numbers
- Sold 3 times: first on 5 April 2008 for AED 1,540,000, last on 3 January 2019 for AED 1,850,000 (AED 758 per sqft).
- Rented since July 2022 on 3 Ejari contracts, from AED 145,000 to AED 155,875 a year.
- At AED 155,875 a year the gross yield on the 2019 price is 8.4%, before a service charge of about AED 37,800 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 7 July 2024.
Questions about 3111, Golden Mile 03
What did unit 3111 last sell for?
AED 1,850,000 on 3 January 2019: AED 758 per sqft for 2,440 sqft. The unit has 3 registered sales; the first was AED 1,540,000 in April 2008.
What is the rent for unit 3111?
AED 155,875 a year on the contract signed on 7 July 2024. The previous contract, from July 2023, was AED 145,000; the unit has been rented since July 2022.
How big is unit 3111?
2,440 sqft (226.7 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 3111 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.
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Mortgage on 3111, Golden Mile 03
Starts from the last sale price (AED 1.85M, 3 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →