3-bed · 3,329 sqftGolden Mile 03, Palm Jumeirah · 4th floor · completed 2009

3408, Golden Mile 03

Sold prices and rental history: sold 3 times, last in July 2018, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 3408

Unit 3408 · DLD and Ejari recordsUpdated 26 July 2018

Last soldAED 3M26 July 2018

Current rentAED 205K /yr1 May 2018

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 3408

Property timeline for 3408, Golden Mile 03

Today

What is 3408 worth today?

Last sold for AED 3,000,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jul 2018

26 Jul 2018SoldReady

AED 3,000,000AED 901 per sqft

1 May 2018

1 May 2018RentedRenewal

AED 205,103/yr6 months · AED 62 per sqft

1 May 2017

1 May 2017RentedNew contract

AED 230,000/yr12 months · AED 69 per sqft

27 Jun 2012

27 Jun 2012SoldOff-plan

AED 2,400,000AED 721 per sqft

21 May 2009

21 May 2009Sold by developerOff-plan

AED 2,280,000AED 684 per sqft

Source: Dubai Land Department. Updated 26 July 2018.

Key facts

Type: 3-bed apartment
Size: 3,329 sqft
Floor: 4th of 7
Parking: Building 3-B3-109
Developer: Souq Residences
Completed: 2009
Service charge: AED 51,600 /yr
Last sold: AED 3M · July 2018
Building: Golden Mile 03

About 3408, Golden Mile 03

3408 is a three-bedroom apartment of 3,329 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 26 July 2018 for AED 3,000,000, or AED 901 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 1 May 2018, is AED 205,103 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 51,600 a year.

Sales and rents for 3408 over time

Sales

Unit 3408, each saleTypical three-bed in Golden Mile 03

3408 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents

Unit 3408, each contractTypical three-bed in Golden Mile 03

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Golden Mile 03, and where 3408 sits

All 11 3-beds →

Golden Mile 03 · all types1,870 /sqft

3408's AED 205,103 is at the bottom of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
16 Jul 202516 July 2025	3,329 sqft	7,900,000	2,373
22 Aug 202322 August 2023	2,421 sqft	3,300,000	1,362
11 Jul 202311 July 2023	597 sqft	725,120	1,214
7 Jun 20237 June 2023	3,329 sqft	4,500,000	1,351

0 3-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


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
3406	1-bed	1,288 sqft	AED 1.45MAED 1,450,000 · Oct 2021October 2021	80,000 /yr
3407	2-bed	1,887 sqft	AED 1.9MAED 1,900,000 · Oct 2022October 2022	200,000 /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

1–7 of 11

3408, Golden Mile 03 in numbers

Sold 3 times: first on 21 May 2009 for AED 2,280,000, last on 26 July 2018 for AED 3,000,000 (AED 901 per sqft).
Rented since May 2017 on 2 Ejari contracts, from AED 230,000 to AED 205,103 a year.
At AED 205,103 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 51,600 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 26 July 2018.

Questions about 3408, Golden Mile 03

What did unit 3408 last sell for?

AED 3,000,000 on 26 July 2018: AED 901 per sqft for 3,329 sqft. The unit has 3 registered sales; the first was AED 2,280,000 in May 2009.

What is the rent for unit 3408?

AED 205,103 a year on the contract renewed on 1 May 2018. The previous contract, from May 2017, was AED 230,000.

How big is unit 3408?

3,329 sqft (309.3 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 3408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 3408? 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.

How OpenOffers works

Mortgage on 3408, Golden Mile 03

Starts from the last sale price (AED 3M, 26 July 2018). Switch to today's estimate once you have unlocked it.

Price: AED 3,000,000
Deposit, UAE resident (20%): AED 600,000
Deposit, non-resident (40%): AED 1,200,000
Monthly over 25 years at 3.7%: AED 12,274

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