2-bed · 1,887 sqftGolden Mile 03, Palm Jumeirah · 2nd floor · completed 2009

3207, Golden Mile 03

Sold prices and rental history: sold 5 times, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3207 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 3.15M24 December 2024
Current rentAED 175K /yr17 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3207, Golden Mile 03

What is 3207 worth today?

Last sold for AED 3,150,000 in 2024

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24 Dec 2024SoldReady
AED 3,150,000AED 1,669 per sqft
17 Aug 2023RentedNew contract
AED 175,000/yr12 months · AED 93 per sqft
1 Mar 2023RentedRenewal
AED 149,500/yr6 months · AED 79 per sqft
1 Mar 2022RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
28 Feb 2021RentedNew contract
AED 91,000/yr12 months · AED 48 per sqft
13 Jan 2021SoldReady
AED 1,200,000AED 635 per sqft
30 Dec 2013SoldOff-plan
AED 2,350,000AED 1,245 per sqft
2 Sep 2013SoldOff-plan
AED 2,050,000AED 1,086 per sqft

Source: Dubai Land Department. Updated 24 December 2024.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
2nd of 7
Parking
Building 3-B3-65
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 3.15M · December 2024

About 3207, Golden Mile 03

3207 is a two-bedroom apartment of 1,887 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 24 December 2024 for AED 3,150,000, or AED 1,669 per sqft, in line with the AED 1,631 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 17 August 2023, is AED 175,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 29,200 a year.

Sales and rents for 3207 over time

Sales
Unit 3207, 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 1,300,000 (AED 688 per sqft)Sold, September 2013: AED 2,050,000 (AED 1,086 per sqft)Sold, December 2013: AED 2,350,000 (AED 1,245 per sqft)Sold, January 2021: AED 1,200,000 (AED 635 per sqft)Sold, December 2024: AED 3,150,000 (AED 1,669 per sqft)

3207 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3207, 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 2021: AED 91,000 a yearNew contract, March 2022: AED 130,000 a yearRenewal, March 2023: AED 149,500 a yearNew contract, August 2023: AED 175,000 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 3207 sits

All 42 2-beds →

3207 last sold in December 2024 at AED 1,669 per sqft, in line with what two-beds in Golden Mile 03 were fetching at the time (AED 1,631). 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. 3207's AED 175,000 is in the lower half 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
32032-bedAED 1.97M · Jul 2022
32041-bedAED 1.48M · Aug 2022
32052-bedAED 1.42M · Jan 2021
32061-bedAED 1.02M · May 2009
32083-bedAED 2.3M · Aug 2011
1–7 of 11

3207, Golden Mile 03 in numbers

  • Sold 5 times: first on 21 May 2009 for AED 1,300,000, last on 24 December 2024 for AED 3,150,000 (AED 1,669 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 91,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 29,200 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 24 December 2024.

Questions about 3207, Golden Mile 03

What did unit 3207 last sell for?

AED 3,150,000 on 24 December 2024: AED 1,669 per sqft for 1,887 sqft. The unit has 5 registered sales; the first was AED 1,300,000 in May 2009.

What is the rent for unit 3207?

AED 175,000 a year on the contract signed on 17 August 2023. The previous contract, from March 2023, was AED 149,500; the unit has been rented since February 2021.

How big is unit 3207?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 3207 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 3207, Golden Mile 03

Starts from the last sale price (AED 3.15M, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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