1-bed · 1,304 sqftGolden Mile 03, Palm Jumeirah · 2nd floor · completed 2009

3201, Golden Mile 03

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3201 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 2.05M27 November 2023
Current rentAED 68K /yr10 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3201, Golden Mile 03

What is 3201 worth today?

Last sold for AED 2,050,000 in 2023

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27 Nov 2023SoldReady
AED 2,050,000AED 1,572 per sqft
10 Aug 2021RentedRenewal
AED 68,000/yr12 months · AED 52 per sqft
10 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
7 Apr 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
7 Apr 2018RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
24 Dec 2017RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
24 Oct 2016RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
1 Sep 2014RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 27 November 2023.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
2nd of 7
Parking
Building 3-B3-47
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 2.05M · November 2023

About 3201, Golden Mile 03

3201 is a one-bedroom apartment of 1,304 sqft on the 2nd floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 27 November 2023 for AED 2,050,000, or AED 1,572 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 August 2021, is AED 68,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 3201 over time

Sales
Unit 3201, each saleTypical one-bed in Golden Mile 03
1M2M2009201320172021Typical 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 990,000 (AED 759 per sqft)Sold, November 2023: AED 2,050,000 (AED 1,572 per sqft)

3201 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3201, 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, September 2014: AED 105,000 a yearNew contract, October 2016: AED 110,000 a yearNew contract, December 2017: AED 100,000 a yearNew contract, April 2018: AED 95,000 a yearRenewal, April 2019: AED 90,000 a yearNew contract, August 2020: AED 65,000 a yearRenewal, August 2021: AED 68,000 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 3201 sits

All 18 1-beds →

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. 3201's AED 68,000 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
4 Sep 20242,150,000
6 Feb 20241,750,000
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 2nd floor

All 85 units in Golden Mile 03
Value
32022-bedAED 2.75M · Dec 2023
32032-bedAED 1.97M · Jul 2022
32041-bedAED 1.48M · Aug 2022
32052-bedAED 1.42M · Jan 2021
32061-bedAED 1.02M · May 2009
32072-bedAED 3.15M · Dec 2024
32083-bedAED 2.3M · Aug 2011
1–7 of 11

3201, Golden Mile 03 in numbers

  • Sold twice: first on 21 May 2009 for AED 990,000, last on 27 November 2023 for AED 2,050,000 (AED 1,572 per sqft).
  • Rented since September 2014 on 7 Ejari contracts, from AED 105,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2023 price is 3.3%, 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 27 November 2023.

Questions about 3201, Golden Mile 03

What did unit 3201 last sell for?

AED 2,050,000 on 27 November 2023: AED 1,572 per sqft for 1,304 sqft. The unit has 2 registered sales; the first was AED 990,000 in May 2009.

What is the rent for unit 3201?

AED 68,000 a year on the contract renewed on 10 August 2021. The previous contract, from August 2020, was AED 65,000; the unit has been rented since September 2014.

How big is unit 3201?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 3201 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 3201, Golden Mile 03

Starts from the last sale price (AED 2.05M, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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