3612, Golden Mile 03
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3612, Golden Mile 03
What is 3612 worth today?
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Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,421 sqft
- Floor
- 6th of 7
- Parking
- Building 3-B3-88
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 37,500 /yr
- Last sold
- AED 3.3M · August 2023
- Building
- Golden Mile 03
About 3612, Golden Mile 03
3612 is a three-bedroom apartment of 2,421 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 22 August 2023 for AED 3,300,000, or AED 1,362 per sqft, 4% above the AED 1,307 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 January 2024, is AED 197,185 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 37,500 a year.
Sales and rents for 3612 over time
3612 has sold twice; the dashed line is the three-bed median of each year in the building.
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 3612 sits
All 11 3-beds →3612 last sold in August 2023 at AED 1,362 per sqft, 4% above what three-beds in Golden Mile 03 were fetching at the time (AED 1,307). 3612's AED 197,185 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202516 July 2025 | 3,329 sqft | 7,900,000 | 2,373 | ||
| 11 Jul 202311 July 2023 | 597 sqft | 725,120 | 1,214 | ||
| 7 Jun 20237 June 2023 | 3,329 sqft | 4,500,000 | 1,351 | ||
| 2 May 20232 May 2023 | 3,329 sqft | 4,650,000 | 1,396 |
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 6th floor
All 85 units in Golden Mile 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3601 | 1-bed | 1,304 sqft | AED 2.7MAED 2,700,000 · Mar 2026March 2026 | 111,000 /yr | |
| 3602 | 2-bed | 1,799 sqft | AED 1.43MAED 1,425,000 · May 2009May 2009 | 120,000 /yr | |
| 3603 | 2-bed | 1,800 sqft | AED 1.8MAED 1,800,000 · Jul 2021July 2021 | 85,000 /yr | |
| 3604 | 1-bed | 1,307 sqft | AED 1.15MAED 1,150,000 · Mar 2021March 2021 | 75,000 /yr | |
| 3605 | 2-bed | 1,808 sqft | AED 2.68MAED 2,675,000 · Jul 2023July 2023 | ||
| 3606 | 1-bed | 1,288 sqft | AED 1.7MAED 1,700,000 · Dec 2016December 2016 | 115,500 /yr | |
| 3607 | 2-bed | 1,887 sqft | AED 1.5MAED 1,500,000 · May 2009May 2009 | 122,760 /yr | |
| 3609 | 2-bed | 1,788 sqft | AED 3.85MAED 3,850,000 · Mar 2025March 2025 | 157,979 /yr | |
| 3610 | 2-bed | 1,794 sqft | AED 3.4MAED 3,400,000 · Oct 2024October 2024 | 173,250 /yr | |
| 3611 | 2-bed | 1,794 sqft | AED 807KAED 807,454 · Jul 2019July 2019 | 171,518 /yr |
3612, Golden Mile 03 in numbers
- Sold twice: first on 15 September 2011 for AED 1,900,000, last on 22 August 2023 for AED 3,300,000 (AED 1,362 per sqft).
- Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 195,000 to AED 140,000 in 2021 and recovered to AED 197,185 by January 2024.
- At AED 197,185 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 37,500 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 1 January 2024.
Questions about 3612, Golden Mile 03
What did unit 3612 last sell for?
AED 3,300,000 on 22 August 2023: AED 1,362 per sqft for 2,421 sqft. The unit has 2 registered sales; the first was AED 1,900,000 in September 2011.
What is the rent for unit 3612?
AED 197,185 a year on the contract signed on 1 January 2024. The previous contract, from January 2023, was AED 187,500; the unit has been rented since October 2014.
How big is unit 3612?
2,421 sqft (224.9 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 3612 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 3612, Golden Mile 03
Starts from the last sale price (AED 3.3M, 22 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,000
- Deposit, UAE resident (20%)
- AED 660,000
- Deposit, non-resident (40%)
- AED 1,320,000
- Monthly over 25 years at 3.7%
- AED 13,501
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →