Penthouse · 4,882 sqftGolden Mile 03, Palm Jumeirah · 7th floor · completed 2009

3701, Golden Mile 03

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 22 October 2025
Last soldAED 8.3M22 October 2025
Current rentAED 315K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Golden Mile 03

What is 3701 worth today?

Last sold for AED 8,300,000 in 2025

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22 Oct 2025SoldReady
AED 8,300,000AED 1,700 per sqft
10 Dec 2024RentedNew contract
AED 315,000/yr12 months · AED 64 per sqft
10 Dec 2023RentedRenewal
AED 290,000/yr12 months · AED 59 per sqft
10 Dec 2022RentedRenewal
AED 240,000/yr12 months · AED 49 per sqft
10 Dec 2021RentedRenewal
AED 210,000/yr12 months · AED 43 per sqft
10 Nov 2020RentedRenewal
AED 200,000/yr13 months · AED 41 per sqft
10 Nov 2019RentedRenewal
AED 200,000/yr12 months · AED 41 per sqft
10 Nov 2018RentedRenewal
AED 210,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 22 October 2025.

Key facts

Type
Penthouse apartment
Size
4,882 sqft
Floor
7th of 7
Parking
Building 3-B3-124, Building 3-B3-125
Developer
Souq Residences
Completed
2009
Service charge
AED 75,600 /yr
Last sold
AED 8.3M · October 2025

About 3701, Golden Mile 03

3701 is a penthouse of 4,882 sqft on the 7th floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 22 October 2025 for AED 8,300,000, or AED 1,700 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 10 December 2024, is AED 315,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 75,600 a year.

Sales and rents for 3701 over time

Rents
Unit 3701, each contractTypical penthouse in Golden Mile 03
200K300K2015201820212024Typical rent by year: 2017 AED 230,000; 2018 AED 220,000; 2019 AED 215,000; 2020 AED 215,000; 2021 AED 232,500; 2022 AED 240,000; 2024 AED 236,500New contract, November 2015: AED 250,000 a yearNew contract, November 2016: AED 245,000 a yearNew contract, November 2017: AED 210,000 a yearRenewal, November 2018: AED 210,000 a yearRenewal, November 2019: AED 200,000 a yearRenewal, November 2020: AED 200,000 a yearRenewal, December 2021: AED 210,000 a yearRenewal, December 2022: AED 240,000 a yearRenewal, December 2023: AED 290,000 a yearNew contract, December 2024: AED 315,000 a year

Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.

Penthouses in Golden Mile 03, and where 3701 sits

All 7 penthouses →

Over the last 12 months penthouses sold for AED 8,400,000, around AED 1,796 per sqft.

Recent penthouse salesUnit no.Price (AED)Summary
9 Feb 20268,400,000
27 Mar 20258,250,000
28 Aug 20247,100,000
29 Mar 202412,200,000
1 penthouse 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 7th floor

All 85 units in Golden Mile 03
Value
3702PenthouseAED 7.1M · Aug 2024
3703PenthouseAED 8.4M · Feb 2026
3704PenthouseAED 12.2M · Mar 2024
3705PenthouseAED 3.24M · Jan 2010
3706PenthouseAED 4.45M · May 2022
3707PenthouseAED 8.25M · Mar 2025

3701, Golden Mile 03 in numbers

  • Sold twice: first on 28 May 2009 for AED 3,087,500, last on 22 October 2025 for AED 8,300,000 (AED 1,700 per sqft).
  • Rented since November 2015 on 10 Ejari contracts. The rent fell from AED 250,000 to AED 200,000 in 2020 and recovered to AED 315,000 by December 2024.
  • At AED 315,000 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 75,600 a year (AED 15.49 per sqft).
  • Penthouses in Golden Mile 03 sold for AED 8,400,000–8,400,000 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 22 October 2025.

Questions about 3701, Golden Mile 03

What did unit 3701 last sell for?

AED 8,300,000 on 22 October 2025: AED 1,700 per sqft for 4,882 sqft. The unit has 2 registered sales; the first was AED 3,087,500 in May 2009.

What is the rent for unit 3701?

AED 315,000 a year on the contract signed on 10 December 2024. The previous contract, from December 2023, was AED 290,000; the unit has been rented since November 2015.

How big is unit 3701?

4,882 sqft (453.6 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 3701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Golden Mile 03 sold for AED 8,400,000 to 8,400,000 in the last 12 months, around AED 1,796 per sqft.

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Mortgage on 3701, Golden Mile 03

Starts from the last sale price (AED 8.3M, 22 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,300,000
Deposit, UAE resident (20%)
AED 1,660,000
Deposit, non-resident (40%)
AED 3,320,000
Monthly over 25 years at 3.7%
AED 33,958

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