1-bed · 1,304 sqftGolden Mile 03, Palm Jumeirah · 3rd floor · completed 2009

3301, Golden Mile 03

Sold prices and rental history: sold twice, last in September 2017, and rented once, from March 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3301 · DLD and Ejari recordsUpdated 20 September 2017
Last soldAED 1.58M20 September 2017
Current rentAED 100K /yr23 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3301, Golden Mile 03

What is 3301 worth today?

Last sold for AED 1,575,000 in 2017

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20 Sep 2017SoldReady
AED 1,575,000AED 1,207 per sqft
23 Mar 2014RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
21 May 2009Sold by developerOff-plan
AED 1,040,000AED 797 per sqft

Source: Dubai Land Department. Updated 20 September 2017.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
3rd of 7
Parking
Building 3-B3-46
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.58M · September 2017

About 3301, Golden Mile 03

3301 is a one-bedroom apartment of 1,304 sqft on the 3rd floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 20 September 2017 for AED 1,575,000, or AED 1,207 per sqft, in line with the AED 1,225 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 March 2014. The current contract, signed on 23 March 2014, is AED 100,000 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 20,200 a year.

Sales and rents for 3301 over time

Sales
Unit 3301, each saleTypical one-bed in Golden Mile 03
500K1M1.5M2009201220152018Typical 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 1,040,000 (AED 797 per sqft)Sold, September 2017: AED 1,575,000 (AED 1,207 per sqft)

3301 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3301, 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, March 2014: AED 100,000 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 3301 sits

All 18 1-beds →

3301 last sold in September 2017 at AED 1,207 per sqft, in line with what one-beds in Golden Mile 03 were fetching at the time (AED 1,225). 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. 3301's AED 100,000 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 3rd floor

All 85 units in Golden Mile 03
Value
33022-bedAED 3.4M · Sep 2026
33032-bedAED 1.81M · Mar 2013
33041-bedAED 1.04M · May 2009
33052-bedAED 1.24M · May 2009
33061-bedAED 1.55M · Jul 2017
33072-bedAED 1.28M · May 2009
33083-bedAED 2.65M · Feb 2019
1–7 of 11

3301, Golden Mile 03 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,040,000, last on 20 September 2017 for AED 1,575,000 (AED 1,207 per sqft).
  • Rented since March 2014 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2017 price is 6.3%, 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 20 September 2017.

Questions about 3301, Golden Mile 03

What did unit 3301 last sell for?

AED 1,575,000 on 20 September 2017: AED 1,207 per sqft for 1,304 sqft. The unit has 2 registered sales; the first was AED 1,040,000 in May 2009.

What is the rent for unit 3301?

AED 100,000 a year on the contract signed on 23 March 2014.

How big is unit 3301?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 3301 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 3301, Golden Mile 03

Starts from the last sale price (AED 1.58M, 20 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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