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2-bed · 1,800 sqftGolden Mile 03, Palm Jumeirah · 6th floor · completed 2009

3603, Golden Mile 03

Sold prices and rental history: sold 3 times, last in July 2021, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3603 · DLD and Ejari recordsUpdated 13 July 2021
Last soldAED 1.8M13 July 2021
Current rentAED 85K /yr23 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3603, Golden Mile 03

What is 3603 worth today?

Last sold for AED 1,800,000 in 2021

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13 Jul 2021SoldReady
AED 1,800,000AED 1,000 per sqft
23 Aug 2020RentedNew contract
AED 85,000/yr12 months · AED 47 per sqft
4 Oct 2009SoldOff-plan
AED 1,500,000AED 833 per sqft
30 May 2004Sold by developerOff-plan
AED 1,500,000AED 833 per sqft

Source: Dubai Land Department. Updated 13 July 2021.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
6th of 7
Parking
Building 3-B3-38
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 1.8M · July 2021
Building
Golden Mile 03

About 3603, Golden Mile 03

3603 is a two-bedroom apartment of 1,800 sqft on the 6th floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 13 July 2021 for AED 1,800,000, or AED 1,000 per sqft, 28% above the AED 781 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 August 2020. The current contract, signed on 23 August 2020, is AED 85,000 a year: a gross yield of 4.7% on the 2021 price, before the service charge of about AED 27,900 a year.

Sales and rents for 3603 over time

Sales
Unit 3603, each saleTypical two-bed in Golden Mile 03
2M2004201020162022Typical sale price by year: 2004 AED 1,425,000; 2009 AED 1,425,000; 2010 AED 1,377,500; 2011 AED 1,435,000; 2013 AED 1,755,000; 2017 AED 2,075,000; 2019 AED 807,454; 2021 AED 1,510,000; 2022 AED 1,935,000; 2023 AED 2,712,500; 2024 AED 3,400,000Sold by developer, May 2004: AED 1,500,000 (AED 833 per sqft)Sold, October 2009: AED 1,500,000 (AED 833 per sqft)Sold, July 2021: AED 1,800,000 (AED 1,000 per sqft)

3603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3603, each contractTypical two-bed in Golden Mile 03
100K200K2014201820222026Typical rent by year: 2014 AED 160,000; 2015 AED 157,500; 2016 AED 147,500; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 142,500; 2024 AED 175,000; 2025 AED 197,500; 2026 AED 187,500New contract, August 2020: AED 85,000 a year

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 3603 sits

All 42 2-beds →

3603 last sold in July 2021 at AED 1,000 per sqft, 28% above what two-beds in Golden Mile 03 were fetching at the time (AED 781). 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. 3603's AED 85,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20263,400,000
30 Jul 20263,588,888
23 Dec 20253,800,000
6 Mar 20253,850,000
3 2-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 6th floor

All 85 units in Golden Mile 03
Value
36011-bedAED 2.7M · Mar 2026
36022-bedAED 1.43M · May 2009
36041-bedAED 1.15M · Mar 2021
36052-bedAED 2.68M · Jul 2023
36061-bedAED 1.7M · Dec 2016
36072-bedAED 1.5M · May 2009
36092-bedAED 3.85M · Mar 2025
1–7 of 10

3603, Golden Mile 03 in numbers

  • Sold 3 times: first on 30 May 2004 for AED 1,500,000, last on 13 July 2021 for AED 1,800,000 (AED 1,000 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 4.7%, 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 13 July 2021.

Questions about 3603, Golden Mile 03

What did unit 3603 last sell for?

AED 1,800,000 on 13 July 2021: AED 1,000 per sqft for 1,800 sqft. The unit has 3 registered sales; the first was AED 1,500,000 in May 2004.

What is the rent for unit 3603?

AED 85,000 a year on the contract signed on 23 August 2020.

How big is unit 3603?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 3603 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 3603, Golden Mile 03

Starts from the last sale price (AED 1.8M, 13 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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