3406, Golden Mile 03
Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3406, Golden Mile 03
What is 3406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 October 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 4th of 7
- Parking
- Building 3-B3-144
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.45M · October 2021
- Building
- Golden Mile 03
About 3406, Golden Mile 03
3406 is a one-bedroom apartment of 1,288 sqft on the 4th floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 20 October 2021 for AED 1,450,000, or AED 1,125 per sqft, 28% above the AED 880 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 March 2020, is AED 80,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 20,000 a year.
Sales and rents for 3406 over time
3406 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 3406 sits
All 18 1-beds →3406 last sold in October 2021 at AED 1,125 per sqft, 28% above what one-beds in Golden Mile 03 were fetching at the time (AED 880). 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. 3406's AED 80,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Mar 20265 March 2026 | 1,304 sqft | 2,700,000 | 2,070 | ||
| 23 Jul 202523 July 2025 | 1,409 sqft | 2,125,000 | 1,507 | ||
| 4 Sep 20244 September 2024 | 1,304 sqft | 2,150,000 | 1,648 | ||
| 6 Feb 20246 February 2024 | 1,304 sqft | 1,750,000 | 1,342 |
Golden Mile 03
Building85 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%
Other units on the 4th floor
All 85 units in Golden Mile 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 1-bed | 1,304 sqft | AED 1.4MAED 1,400,000 · Mar 2022March 2022 | 130,000 /yr | |
| 3402 | 2-bed | 1,799 sqft | AED 1.4MAED 1,400,000 · May 2009May 2009 | 175,000 /yr | |
| 3403 | 2-bed | 1,800 sqft | AED 1.4MAED 1,400,000 · Mar 2021March 2021 | ||
| 3404 | 1-bed | 1,307 sqft | AED 1.09MAED 1,090,000 · May 2009May 2009 | 135,000 /yr | |
| 3405 | 2-bed | 1,808 sqft | AED 1.7MAED 1,700,000 · Feb 2013February 2013 | ||
| 3407 | 2-bed | 1,887 sqft | AED 1.9MAED 1,900,000 · Oct 2022October 2022 | 200,000 /yr | |
| 3408 | 3-bed | 3,329 sqft | AED 3MAED 3,000,000 · Jul 2018July 2018 | 205,103 /yr | |
| 3409 | 2-bed | 1,788 sqft | AED 1.6MAED 1,600,000 · May 2009May 2009 | 220,000 /yr | |
| 3410 | 2-bed | 1,794 sqft | AED 1.6MAED 1,600,000 · May 2009May 2009 | 165,000 /yr | |
| 3411 | 2-bed | 1,794 sqft | AED 1.6MAED 1,600,000 · May 2009May 2009 | 200,000 /yr | |
| 3412 | 3-bed | 2,421 sqft | AED 2MAED 2,000,000 · Aug 2012August 2012 | 290,000 /yr |
3406, Golden Mile 03 in numbers
- Sold 4 times: first on 17 April 2012 for AED 560,000, last on 20 October 2021 for AED 1,450,000 (AED 1,125 per sqft).
- Rented since January 2015 on 5 Ejari contracts, from AED 115,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 20,000 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 October 2021.
Questions about 3406, Golden Mile 03
What did unit 3406 last sell for?
AED 1,450,000 on 20 October 2021: AED 1,125 per sqft for 1,288 sqft. The unit has 4 registered sales; the first was AED 560,000 in April 2012.
What is the rent for unit 3406?
AED 80,000 a year on the contract signed on 1 March 2020. The previous contract, from April 2018, was AED 100,000; the unit has been rented since January 2015.
How big is unit 3406?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 3406 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.
Selling 3406? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 3406, Golden Mile 03
Starts from the last sale price (AED 1.45M, 20 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →