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3-bed · 2,421 sqftGolden Mile 03, Palm Jumeirah · 5th floor · completed 2009

3512, Golden Mile 03

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3512 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 3.06M1 November 2022
Current rentAED 135K /yr11 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3512, Golden Mile 03

What is 3512 worth today?

Last sold for AED 3,060,000 in 2022

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1 Nov 2022SoldReady
AED 3,060,000AED 1,263 per sqft
11 Nov 2020RentedNew contract
AED 135,000/yr13 months · AED 56 per sqft
5 Jul 2019RentedNew contract
AED 155,000/yr13 months · AED 64 per sqft
20 Nov 2018RentedRenewal
AED 175,000/yr12 months · AED 72 per sqft
20 Nov 2017RentedNew contract
AED 187,500/yr12 months · AED 77 per sqft
20 Nov 2016RentedNew contract
AED 187,500/yr12 months · AED 77 per sqft
3 Feb 2015RentedNew contract
AED 159,500/yr12 months · AED 66 per sqft
28 Feb 2013SoldOff-plan
AED 1,900,000AED 784 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
5th of 7
Parking
Building 3-B3-89
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 3.06M · November 2022
Building
Golden Mile 03

About 3512, Golden Mile 03

3512 is a three-bedroom apartment of 2,421 sqft on the 5th floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 1 November 2022 for AED 3,060,000, or AED 1,263 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 11 November 2020, is AED 135,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 37,500 a year.

Sales and rents for 3512 over time

Sales
Unit 3512, 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, December 2012: AED 2,050,000 (AED 846 per sqft)Sold, February 2013: AED 1,900,000 (AED 784 per sqft)Sold, November 2022: AED 3,060,000 (AED 1,263 per sqft)

3512 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3512, each contractTypical three-bed in Golden Mile 03
200K300K20152018202120242027Typical 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, February 2015: AED 159,500 a yearNew contract, November 2016: AED 187,500 a yearNew contract, November 2017: AED 187,500 a yearRenewal, November 2018: AED 175,000 a yearNew contract, July 2019: AED 155,000 a yearNew contract, November 2020: AED 135,000 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 3512 sits

All 11 3-beds →

3512's AED 135,000 is at the bottom 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 5th floor

All 85 units in Golden Mile 03
Value
35011-bedAED 1.14M · May 2009
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
1–7 of 11

3512, Golden Mile 03 in numbers

  • Sold 3 times: first on 27 December 2012 for AED 2,050,000, last on 1 November 2022 for AED 3,060,000 (AED 1,263 per sqft).
  • Rented since February 2015 on 6 Ejari contracts, from AED 159,500 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 4.4%, before a service charge of about AED 37,500 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 1 November 2022.

Questions about 3512, Golden Mile 03

What did unit 3512 last sell for?

AED 3,060,000 on 1 November 2022: AED 1,263 per sqft for 2,421 sqft. The unit has 3 registered sales; the first was AED 2,050,000 in December 2012.

What is the rent for unit 3512?

AED 135,000 a year on the contract signed on 11 November 2020. The previous contract, from July 2019, was AED 155,000; the unit has been rented since February 2015.

How big is unit 3512?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 3512 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 3512, Golden Mile 03

Starts from the last sale price (AED 3.06M, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,060,000
Deposit, UAE resident (20%)
AED 612,000
Deposit, non-resident (40%)
AED 1,224,000
Monthly over 25 years at 3.7%
AED 12,519

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