Penthouse · 4,369 sqftGolden Mile 03, Palm Jumeirah · 7th floor · completed 2009

3702, Golden Mile 03

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 7.1M28 August 2024
Current rentAED 200K /yr28 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3702, Golden Mile 03

What is 3702 worth today?

Last sold for AED 7,100,000 in 2024

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28 Aug 2025RentedRenewal
AED 200,000/yr24 months · AED 46 per sqft
28 Aug 2024SoldReady
AED 7,100,000AED 1,625 per sqft
28 Aug 2024RentedNew contract
AED 200,000/yr12 months · AED 46 per sqft
22 Sep 2019SoldReady
AED 3,100,000AED 709 per sqft
1 Jul 2018RentedNew contract
AED 220,000/yr12 months · AED 50 per sqft
1 Jul 2017RentedNew contract
AED 230,000/yr12 months · AED 53 per sqft
28 May 2009Sold by developerOff-plan
AED 3,050,000AED 698 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
Penthouse apartment
Size
4,369 sqft
Floor
7th of 7
Parking
Building 3-B3-86, Building 3-B3-87
Developer
Souq Residences
Completed
2009
Service charge
AED 67,700 /yr
Last sold
AED 7.1M · August 2024

About 3702, Golden Mile 03

3702 is a penthouse of 4,369 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 28 August 2024 for AED 7,100,000, or AED 1,625 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 28 August 2025, is AED 200,000 a year: a gross yield of 2.8% on the 2024 price, before the service charge of about AED 67,700 a year.

Sales and rents for 3702 over time

Rents
Unit 3702, each contractTypical penthouse in Golden Mile 03
200K220K240K2017202020232026Typical 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, July 2017: AED 230,000 a yearNew contract, July 2018: AED 220,000 a yearNew contract, August 2024: AED 200,000 a yearRenewal, August 2025: AED 200,000 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 3702 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
22 Oct 20258,300,000
27 Mar 20258,250,000
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
3701PenthouseAED 8.3M · Oct 2025
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

3702, Golden Mile 03 in numbers

  • Sold 3 times: first on 28 May 2009 for AED 3,050,000, last on 28 August 2024 for AED 7,100,000 (AED 1,625 per sqft).
  • Rented since July 2017 on 4 Ejari contracts, from AED 230,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 2.8%, before a service charge of about AED 67,700 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 28 August 2025.

Questions about 3702, Golden Mile 03

What did unit 3702 last sell for?

AED 7,100,000 on 28 August 2024: AED 1,625 per sqft for 4,369 sqft. The unit has 3 registered sales; the first was AED 3,050,000 in May 2009.

What is the rent for unit 3702?

AED 200,000 a year on the contract renewed on 28 August 2025. The previous contract, from August 2024, was AED 200,000; the unit has been rented since July 2017.

How big is unit 3702?

4,369 sqft (405.9 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 3702 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 3702, Golden Mile 03

Starts from the last sale price (AED 7.1M, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,100,000
Deposit, UAE resident (20%)
AED 1,420,000
Deposit, non-resident (40%)
AED 2,840,000
Monthly over 25 years at 3.7%
AED 29,048

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