3-bed · 2,421 sqftGolden Mile 03, Palm Jumeirah · 4th floor · completed 2009

3412, Golden Mile 03

Sold prices and rental history: sold once, by the developer in August 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3412 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 2M30 August 2012
Current rentAED 290K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3412, Golden Mile 03

What is 3412 worth today?

Last sold for AED 2,000,000 in 2012

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20 Jul 2026RentedRenewal
AED 290,000/yr12 months · AED 120 per sqft
20 Jul 2025RentedRenewal
AED 290,000/yr12 months · AED 120 per sqft
20 Jul 2025RentedRenewal
AED 290,000/yr12 months · AED 120 per sqft
20 Jul 2024RentedNew contract
AED 290,000/yr12 months · AED 120 per sqft
3 Nov 2023RentedRenewal
AED 166,635/yr12 months · AED 69 per sqft
3 Nov 2022RentedRenewal
AED 144,900/yr12 months · AED 60 per sqft
3 Nov 2021RentedRenewal
AED 126,000/yr12 months · AED 52 per sqft
3 Nov 2020RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
4th of 7
Parking
Building 3-B3-90
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 2M · August 2012

About 3412, Golden Mile 03

3412 is a three-bedroom apartment of 2,421 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 30 August 2012 for AED 2,000,000, or AED 825 per sqft, 5% above the AED 784 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 290,000 a year: a gross yield of 14.5% on the 2012 price, before the service charge of about AED 37,500 a year.

Sales and rents for 3412 over time

Sales
Unit 3412, each saleTypical three-bed in Golden Mile 03
2M3M2009201320172021Typical sale price by year: 2009 AED 2,315,000; 2012 AED 2,050,000; 2013 AED 1,900,000; 2016 AED 1,600,000; 2023 AED 3,400,000Sold by developer, August 2012: AED 2,000,000 (AED 825 per sqft)

3412 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3412, each contractTypical three-bed in Golden Mile 03
100K200K300K2014201820222026Typical rent by year: 2015 AED 201,500; 2016 AED 197,204; 2017 AED 185,000; 2018 AED 175,000; 2019 AED 155,000; 2020 AED 132,500; 2021 AED 140,000; 2022 AED 164,000; 2023 AED 187,000; 2024 AED 200,500; 2025 AED 290,000; 2026 AED 258,925New contract, September 2014: AED 195,000 a yearNew contract, October 2015: AED 190,000 a yearRenewal, October 2016: AED 190,000 a yearRenewal, October 2017: AED 185,000 a yearRenewal, October 2018: AED 185,000 a yearRenewal, October 2019: AED 160,000 a yearNew contract, November 2020: AED 120,000 a yearRenewal, November 2021: AED 126,000 a yearRenewal, November 2022: AED 144,900 a yearRenewal, November 2023: AED 166,635 a yearNew contract, July 2024: AED 290,000 a yearRenewal, July 2025: AED 290,000 a yearRenewal, July 2025: AED 290,000 a yearRenewal, July 2026: AED 290,000 a year

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 3412 sits

All 11 3-beds →

3412 last sold in August 2012 at AED 825 per sqft, 5% above what three-beds in Golden Mile 03 were fetching at the time (AED 784). 3412's AED 290,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jul 20257,900,000
22 Aug 20233,300,000
11 Jul 2023725,120
7 Jun 20234,500,000
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
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
34072-bedAED 1.9M · Oct 2022
1–7 of 11

3412, Golden Mile 03 in numbers

  • Sold once: by Souq Residences on 30 August 2012 for AED 2,000,000, or AED 825 per sqft.
  • Rented since September 2014 on 14 Ejari contracts. The rent fell from AED 195,000 to AED 120,000 in 2020 and recovered to AED 290,000 by July 2026.
  • At AED 290,000 a year the gross yield on the 2012 price is 14.5%, before a service charge of about AED 37,500 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 20 July 2026.

Questions about 3412, Golden Mile 03

What did unit 3412 last sell for?

AED 2,000,000 on 30 August 2012, sold by the developer: AED 825 per sqft for 2,421 sqft. It is the only registered sale of the unit.

What is the rent for unit 3412?

AED 290,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 290,000; the unit has been rented since September 2014.

How big is unit 3412?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 3412 worth today?

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

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Mortgage on 3412, Golden Mile 03

Starts from the last sale price (AED 2M, 30 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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