3409, Golden Mile 03
Sold prices and rental history: sold once, by the developer in May 2009, 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 3409, Golden Mile 03
What is 3409 worth today?
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Source: Dubai Land Department. Updated 18 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,788 sqft
- Floor
- 4th of 7
- Parking
- Building 3-B3-116
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,700 /yr
- Last sold
- AED 1.6M · May 2009
- Building
- Golden Mile 03
About 3409, Golden Mile 03
3409 is a two-bedroom apartment of 1,788 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 1,600,000, or AED 894 per sqft, 15% above the AED 778 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 18 May 2026, is AED 220,000 a year: a gross yield of 13.8% on the 2009 price, before the service charge of about AED 27,700 a year.
Sales and rents for 3409 over time
3409 has sold once; the dashed line is the two-bed median of each year in the building.
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 3409 sits
All 42 2-beds →3409 last sold in May 2009 at AED 894 per sqft, 15% above 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. 3409's AED 220,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20268 September 2026 | 1,799 sqft | 3,400,000 | 1,889 | ||
| 30 Jul 202630 July 2026 | 1,939 sqft | 3,588,888 | 1,850 | ||
| 23 Dec 202523 December 2025 | 1,808 sqft | 3,800,000 | 2,102 | ||
| 6 Mar 20256 March 2025 | 1,788 sqft | 3,850,000 | 2,153 |
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 | ||
| 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 | |
| 3408 | 3-bed | 3,329 sqft | AED 3MAED 3,000,000 · Jul 2018July 2018 | 205,103 /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 |
3409, Golden Mile 03 in numbers
- Sold once: by Souq Residences on 21 May 2009 for AED 1,600,000, or AED 894 per sqft.
- Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2021 and recovered to AED 220,000 by May 2026.
- At AED 220,000 a year the gross yield on the 2009 price is 13.8%, before a service charge of about AED 27,700 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 18 May 2026.
Questions about 3409, Golden Mile 03
What did unit 3409 last sell for?
AED 1,600,000 on 21 May 2009, sold by the developer: AED 894 per sqft for 1,788 sqft. It is the only registered sale of the unit.
What is the rent for unit 3409?
AED 220,000 a year on the contract renewed on 18 May 2026. The previous contract, from May 2025, was AED 220,000; the unit has been rented since February 2015.
How big is unit 3409?
1,788 sqft (166.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 3409 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 3409, Golden Mile 03
Starts from the last sale price (AED 1.6M, 21 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →