2-bed · 1,800 sqftGolden Mile 03, Palm Jumeirah · 2nd floor · completed 2009

3203, Golden Mile 03

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 14 July 2022
Last soldAED 1.97M14 July 2022
Current rentAED 125K /yr1 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Golden Mile 03

What is 3203 worth today?

Last sold for AED 1,970,000 in 2022

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14 Jul 2022SoldReady
AED 1,970,000AED 1,094 per sqft
1 Jan 2022RentedRenewal
AED 124,941/yr6 months · AED 70 per sqft
1 Oct 2021RentedRenewal
AED 118,000/yr3 months · AED 66 per sqft
1 Jul 2021RentedRenewal
AED 115,000/yr3 months · AED 64 per sqft
1 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
1 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft
1 Jul 2018RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
2 Feb 2017SoldReady
AED 2,200,000AED 1,222 per sqft

Source: Dubai Land Department. Updated 14 July 2022.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
2nd of 7
Parking
Building 3-B3-41
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 1.97M · July 2022

About 3203, Golden Mile 03

3203 is a two-bedroom apartment of 1,800 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 14 July 2022 for AED 1,970,000, or AED 1,094 per sqft, in line with the AED 1,075 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 124,941 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 27,900 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, April 2010: AED 1,235,000 (AED 686 per sqft)Sold, February 2017: AED 2,200,000 (AED 1,222 per sqft)Sold, July 2022: AED 1,970,000 (AED 1,094 per sqft)

3203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3203, 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, July 2018: AED 120,000 a yearRenewal, July 2019: AED 120,000 a yearRenewal, July 2020: AED 115,000 a yearRenewal, July 2021: AED 115,000 a yearRenewal, October 2021: AED 118,000 a yearRenewal, January 2022: AED 124,941 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 3203 sits

All 42 2-beds →

3203 last sold in July 2022 at AED 1,094 per sqft, in line with what two-beds in Golden Mile 03 were fetching at the time (AED 1,075). 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. 3203's AED 124,941 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 2nd floor

All 85 units in Golden Mile 03
Value
32011-bedAED 2.05M · Nov 2023
32022-bedAED 2.75M · Dec 2023
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

3203, Golden Mile 03 in numbers

  • Sold 3 times: first on 18 April 2010 for AED 1,235,000, last on 14 July 2022 for AED 1,970,000 (AED 1,094 per sqft).
  • Rented since July 2018 on 6 Ejari contracts, from AED 120,000 to AED 124,941 a year.
  • At AED 124,941 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 27,900 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 14 July 2022.

Questions about 3203, Golden Mile 03

What did unit 3203 last sell for?

AED 1,970,000 on 14 July 2022: AED 1,094 per sqft for 1,800 sqft. The unit has 3 registered sales; the first was AED 1,235,000 in April 2010.

What is the rent for unit 3203?

AED 124,941 a year on the contract renewed on 1 January 2022. The previous contract, from October 2021, was AED 118,000; the unit has been rented since July 2018.

How big is unit 3203?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 3203 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 3203, Golden Mile 03

Starts from the last sale price (AED 1.97M, 14 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,970,000
Deposit, UAE resident (20%)
AED 394,000
Deposit, non-resident (40%)
AED 788,000
Monthly over 25 years at 3.7%
AED 8,060

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