2-bed · 1,799 sqftGolden Mile 03, Palm Jumeirah · 4th floor · completed 2009

3402, Golden Mile 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3402 · DLD and Ejari recordsUpdated 7 June 2026
Last soldAED 1.4M21 May 2009
Current rentAED 175K /yr7 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3402, Golden Mile 03

What is 3402 worth today?

Last sold for AED 1,400,000 in 2009

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7 Jun 2026RentedRenewal
AED 175,000/yr12 months · AED 97 per sqft
7 Jun 2025RentedNew contract
AED 180,000/yr12 months · AED 100 per sqft
7 Jun 2025RentedNew contract
AED 180,000/yr12 months · AED 100 per sqft
4 Apr 2024RentedRenewal
AED 175,000/yr12 months · AED 97 per sqft
9 Aug 2023RentedRenewal
AED 121,039/yr8 months · AED 67 per sqft
9 Aug 2022RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
9 Aug 2020RentedNew contract
AED 92,000/yr12 months · AED 51 per sqft
9 Aug 2019RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 7 June 2026.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Floor
4th of 7
Parking
Building 3-B3-123
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 1.4M · May 2009

About 3402, Golden Mile 03

3402 is a two-bedroom apartment of 1,799 sqft on the 4th floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 1,400,000, or AED 778 per sqft, in line with the AED 778 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 7 June 2026, is AED 175,000 a year: a gross yield of 12.5% on the 2009 price, before the service charge of about AED 27,900 a year.

Sales and rents for 3402 over time

Sales
Unit 3402, 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 1,400,000 (AED 778 per sqft)

3402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3402, 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 2016: AED 145,000 a yearRenewal, July 2017: AED 145,000 a yearNew contract, August 2018: AED 120,000 a yearNew contract, August 2019: AED 115,000 a yearNew contract, August 2020: AED 92,000 a yearRenewal, August 2022: AED 115,000 a yearRenewal, August 2023: AED 121,039 a yearRenewal, April 2024: AED 175,000 a yearNew contract, June 2025: AED 180,000 a yearNew contract, June 2025: AED 180,000 a yearRenewal, June 2026: 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 3402 sits

All 42 2-beds →

3402 last sold in May 2009 at AED 778 per sqft, in line with what two-beds in Golden Mile 03 were fetching at the time (AED 778). 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. 3402'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 4th floor

All 85 units in Golden Mile 03
Value
34011-bedAED 1.4M · Mar 2022
34032-bedAED 1.4M · Mar 2021
34041-bedAED 1.09M · May 2009
34052-bedAED 1.7M · Feb 2013
34061-bedAED 1.45M · Oct 2021
34072-bedAED 1.9M · Oct 2022
34083-bedAED 3M · Jul 2018
1–7 of 11

3402, Golden Mile 03 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,400,000, or AED 778 per sqft.
  • Rented since July 2016 on 11 Ejari contracts. The rent fell from AED 145,000 to AED 92,000 in 2020 and recovered to AED 175,000 by June 2026.
  • At AED 175,000 a year the gross yield on the 2009 price is 12.5%, 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 7 June 2026.

Questions about 3402, Golden Mile 03

What did unit 3402 last sell for?

AED 1,400,000 on 21 May 2009, sold by the developer: AED 778 per sqft for 1,799 sqft. It is the only registered sale of the unit.

What is the rent for unit 3402?

AED 175,000 a year on the contract renewed on 7 June 2026. The previous contract, from June 2025, was AED 180,000; the unit has been rented since July 2016.

How big is unit 3402?

1,799 sqft (167.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 3402 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 3402, Golden Mile 03

Starts from the last sale price (AED 1.4M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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