1-bed · 1,307 sqftGolden Mile 03, Palm Jumeirah · 6th floor · completed 2009

3604, Golden Mile 03

Sold prices and rental history: sold 4 times, last in March 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3604 · DLD and Ejari recordsUpdated 4 March 2021
Last soldAED 1.15M4 March 2021
Current rentAED 75K /yr12 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3604, Golden Mile 03

What is 3604 worth today?

Last sold for AED 1,150,000 in 2021

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4 Mar 2021SoldReady
AED 1,150,000AED 880 per sqft
30 Dec 2020SoldReady
AED 850,000AED 650 per sqft
12 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 57 per sqft
12 Jul 2019RentedRenewal
AED 95,000/yr12 months · AED 73 per sqft
12 Jul 2018RentedRenewal
AED 105,000/yr12 months · AED 80 per sqft
12 Jul 2017RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft
11 Aug 2016SoldReady
AED 595,000AED 455 per sqft
12 Jul 2016RentedRenewal
AED 120,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 4 March 2021.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
6th of 7
Parking
Building 3-B3-71
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.15M · March 2021

About 3604, Golden Mile 03

3604 is a one-bedroom apartment of 1,307 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 4 March 2021 for AED 1,150,000, or AED 880 per sqft, 4% above the AED 843 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 12 July 2020, is AED 75,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 20,200 a year.

Sales and rents for 3604 over time

Sales
Unit 3604, each saleTypical one-bed in Golden Mile 03
500K1M1.5M2009201320172021Typical 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, April 2012: AED 595,000 (AED 455 per sqft)Sold, August 2016: AED 595,000 (AED 455 per sqft)Sold, December 2020: AED 850,000 (AED 650 per sqft)Sold, March 2021: AED 1,150,000 (AED 880 per sqft)

3604 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3604, 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, July 2014: AED 120,000 a yearNew contract, July 2015: AED 120,000 a yearRenewal, July 2016: AED 120,000 a yearRenewal, July 2017: AED 120,000 a yearRenewal, July 2018: AED 105,000 a yearRenewal, July 2019: AED 95,000 a yearRenewal, July 2020: AED 75,000 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 3604 sits

All 18 1-beds →

3604 last sold in March 2021 at AED 880 per sqft, 4% above what one-beds in Golden Mile 03 were fetching at the time (AED 843). 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. 3604's AED 75,000 is at the bottom 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 6th floor

All 85 units in Golden Mile 03
Value
36011-bedAED 2.7M · Mar 2026
36022-bedAED 1.43M · May 2009
36032-bedAED 1.8M · Jul 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

3604, Golden Mile 03 in numbers

  • Sold 4 times: first on 17 April 2012 for AED 595,000, last on 4 March 2021 for AED 1,150,000 (AED 880 per sqft).
  • Rented since July 2014 on 7 Ejari contracts, from AED 120,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 6.5%, 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 4 March 2021.

Questions about 3604, Golden Mile 03

What did unit 3604 last sell for?

AED 1,150,000 on 4 March 2021: AED 880 per sqft for 1,307 sqft. The unit has 4 registered sales; the first was AED 595,000 in April 2012.

What is the rent for unit 3604?

AED 75,000 a year on the contract renewed on 12 July 2020. The previous contract, from July 2019, was AED 95,000; the unit has been rented since July 2014.

How big is unit 3604?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 3604 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 3604, Golden Mile 03

Starts from the last sale price (AED 1.15M, 4 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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