1-bed · 1,304 sqftGolden Mile 03, Palm Jumeirah · 5th floor · completed 2009

3501, Golden Mile 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.14M21 May 2009
Current rentAED 135K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Golden Mile 03

What is 3501 worth today?

Last sold for AED 1,140,000 in 2009

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15 Feb 2026RentedRenewal
AED 135,000/yr12 months · AED 104 per sqft
15 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
15 Feb 2025RentedNew contract
AED 135,000/yr12 months · AED 104 per sqft
9 May 2024RentedRenewal
AED 110,000/yr6 months · AED 84 per sqft
10 Aug 2023RentedRenewal
AED 78,646/yr9 months · AED 60 per sqft
10 Aug 2022RentedRenewal
AED 74,800/yr12 months · AED 57 per sqft
10 Aug 2021RentedRenewal
AED 68,000/yr12 months · AED 52 per sqft
10 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
5th of 7
Parking
Building 3-B3-141
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.14M · May 2009

About 3501, Golden Mile 03

3501 is a one-bedroom apartment of 1,304 sqft on the 5th 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 1,140,000, or AED 874 per sqft, 10% above the AED 797 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 135,000 a year: a gross yield of 11.8% on the 2009 price, before the service charge of about AED 20,200 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, each saleTypical one-bed in Golden Mile 03
500K1M1.5M2009201220152018Typical sale price by year: 2009 AED 1,055,000; 2012 AED 822,500; 2013 AED 1,400,000; 2016 AED 595,000; 2017 AED 1,575,000Sold by developer, May 2009: AED 1,140,000 (AED 874 per sqft)

3501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3501, each contractTypical one-bed in Golden Mile 03
100K2014201820222026Typical rent by year: 2014 AED 115,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 107,500; 2018 AED 100,000; 2019 AED 87,500; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,500; 2023 AED 90,000; 2024 AED 119,000; 2025 AED 130,000; 2026 AED 130,000New contract, September 2014: AED 88,000 a yearNew contract, September 2017: AED 97,000 a yearRenewal, September 2018: AED 95,000 a yearNew contract, August 2020: AED 65,000 a yearRenewal, August 2021: AED 68,000 a yearRenewal, August 2022: AED 74,800 a yearRenewal, August 2023: AED 78,646 a yearRenewal, May 2024: AED 110,000 a yearNew contract, February 2025: AED 135,000 a yearNew contract, February 2025: AED 135,000 a yearRenewal, February 2026: AED 135,000 a year

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 3501 sits

All 18 1-beds →

3501 last sold in May 2009 at AED 874 per sqft, 10% above what one-beds in Golden Mile 03 were fetching at the time (AED 797). 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. 3501's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 20262,700,000
23 Jul 20252,125,000
4 Sep 20242,150,000
6 Feb 20241,750,000
1 1-bed sale 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 5th floor

All 85 units in Golden Mile 03
Value
35022-bedAED 1.38M · May 2009
35032-bedAED 1.38M · Oct 2010
35041-bedAED 1.4M · Sep 2013
35052-bedAED 3.8M · Dec 2025
35061-bedAED 1.17M · May 2009
35072-bedAED 1.45M · May 2009
35083-bedAED 7.9M · Jul 2025
1–7 of 11

3501, Golden Mile 03 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,140,000, or AED 874 per sqft.
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 88,000 to AED 65,000 in 2020 and recovered to AED 135,000 by February 2026.
  • At AED 135,000 a year the gross yield on the 2009 price is 11.8%, before a service charge of about AED 20,200 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 15 February 2026.

Questions about 3501, Golden Mile 03

What did unit 3501 last sell for?

AED 1,140,000 on 21 May 2009, sold by the developer: AED 874 per sqft for 1,304 sqft. It is the only registered sale of the unit.

What is the rent for unit 3501?

AED 135,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 135,000; the unit has been rented since September 2014.

How big is unit 3501?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 3501 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.

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Mortgage on 3501, Golden Mile 03

Starts from the last sale price (AED 1.14M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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