3503, Golden Mile 03
Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3503, Golden Mile 03
What is 3503 worth today?
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Source: Dubai Land Department. Updated 10 February 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,800 sqft
- Floor
- 5th of 7
- Parking
- Building 3-B3-39
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.38M · October 2010
- Building
- Golden Mile 03
About 3503, Golden Mile 03
3503 is a two-bedroom apartment of 1,800 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 18 October 2010 for AED 1,377,500, or AED 765 per sqft, in line with the AED 758 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 10 February 2021, is AED 90,000 a year: a gross yield of 6.5% on the 2010 price, before the service charge of about AED 27,900 a year.
Sales and rents for 3503 over time
3503 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 3503 sits
All 42 2-beds →3503 last sold in October 2010 at AED 765 per sqft, in line with what two-beds in Golden Mile 03 were fetching at the time (AED 758). 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. 3503's AED 90,000 is at the bottom 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 5th floor
All 85 units in Golden Mile 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 1-bed | 1,304 sqft | AED 1.14MAED 1,140,000 · May 2009May 2009 | 135,000 /yr | |
| 3502 | 2-bed | 1,799 sqft | AED 1.38MAED 1,377,500 · May 2009May 2009 | 95,802 /yr | |
| 3504 | 1-bed | 1,307 sqft | AED 1.4MAED 1,400,000 · Sep 2013September 2013 | 125,000 /yr | |
| 3505 | 2-bed | 1,808 sqft | AED 3.8MAED 3,800,000 · Dec 2025December 2025 | 150,000 /yr | |
| 3506 | 1-bed | 1,288 sqft | AED 1.17MAED 1,170,000 · May 2009May 2009 | 136,500 /yr | |
| 3507 | 2-bed | 1,887 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 170,000 /yr | |
| 3508 | 3-bed | 3,329 sqft | AED 7.9MAED 7,900,000 · Jul 2025July 2025 | 168,000 /yr | |
| 3509 | 2-bed | 1,794 sqft | AED 2.2MAED 2,200,000 · Apr 2018April 2018 | 162,000 /yr | |
| 3510 | 2-bed | 1,794 sqft | AED 2.98MAED 2,975,000 · Dec 2023December 2023 | ||
| 3511 | 2-bed | 1,794 sqft | AED 1.08MAED 1,076,605 · Sep 2017September 2017 | 180,000 /yr | |
| 3512 | 3-bed | 2,421 sqft | AED 3.06MAED 3,060,000 · Nov 2022November 2022 | 135,000 /yr |
3503, Golden Mile 03 in numbers
- Sold once: by Souq Residences on 18 October 2010 for AED 1,377,500, or AED 765 per sqft.
- Rented since November 2017 on 4 Ejari contracts, from AED 135,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2010 price is 6.5%, before a service charge of about AED 27,900 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 February 2021.
Questions about 3503, Golden Mile 03
What did unit 3503 last sell for?
AED 1,377,500 on 18 October 2010, sold by the developer: AED 765 per sqft for 1,800 sqft. It is the only registered sale of the unit.
What is the rent for unit 3503?
AED 90,000 a year on the contract signed on 10 February 2021. The previous contract, from November 2019, was AED 115,000; the unit has been rented since November 2017.
How big is unit 3503?
1,800 sqft (167.2 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 3503 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 3503, Golden Mile 03
Starts from the last sale price (AED 1.38M, 18 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,377,500
- Deposit, UAE resident (20%)
- AED 275,500
- Deposit, non-resident (40%)
- AED 551,000
- Monthly over 25 years at 3.7%
- AED 5,636
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →