2-bed · 1,887 sqftGolden Mile 03, Palm Jumeirah · 4th floor · completed 2009

3407, Golden Mile 03

Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 1.9M11 October 2022
Current rentAED 200K /yr10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, Golden Mile 03

What is 3407 worth today?

Last sold for AED 1,900,000 in 2022

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10 Nov 2025RentedNew contract
AED 200,000/yr12 months · AED 106 per sqft
11 Oct 2022SoldReady
AED 1,900,000AED 1,006 per sqft
12 Jan 2020RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
4 Aug 2013SoldOff-plan
AED 969,000AED 513 per sqft
21 May 2009Sold by developerOff-plan
AED 1,450,000AED 768 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
4th of 7
Parking
Building 3-B3-49
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.9M · October 2022

About 3407, Golden Mile 03

3407 is a two-bedroom apartment of 1,887 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 11 October 2022 for AED 1,900,000, or AED 1,006 per sqft, in line with the AED 1,031 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 November 2025, is AED 200,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 29,200 a year.

Sales and rents for 3407 over time

Sales
Unit 3407, 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 1,450,000 (AED 768 per sqft)Sold, August 2013: AED 969,000 (AED 513 per sqft)Sold, October 2022: AED 1,900,000 (AED 1,006 per sqft)

3407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3407, 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, January 2020: AED 100,000 a yearNew contract, November 2025: AED 200,000 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 3407 sits

All 42 2-beds →

3407 last sold in October 2022 at AED 1,006 per sqft, in line with what two-beds in Golden Mile 03 were fetching at the time (AED 1,031). 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. 3407's AED 200,000 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
34022-bedAED 1.4M · May 2009
34032-bedAED 1.4M · Mar 2021
34041-bedAED 1.09M · May 2009
34052-bedAED 1.7M · Feb 2013
34061-bedAED 1.45M · Oct 2021
34083-bedAED 3M · Jul 2018
1–7 of 11

3407, Golden Mile 03 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,450,000, last on 11 October 2022 for AED 1,900,000 (AED 1,006 per sqft).
  • Rented since January 2020 on 2 Ejari contracts, from AED 100,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2022 price is 10.5%, 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 10 November 2025.

Questions about 3407, Golden Mile 03

What did unit 3407 last sell for?

AED 1,900,000 on 11 October 2022: AED 1,006 per sqft for 1,887 sqft. The unit has 3 registered sales; the first was AED 1,450,000 in May 2009.

What is the rent for unit 3407?

AED 200,000 a year on the contract signed on 10 November 2025. The previous contract, from January 2020, was AED 100,000.

How big is unit 3407?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 3407 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 3407, Golden Mile 03

Starts from the last sale price (AED 1.9M, 11 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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