3704, Golden Mile 03
Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3704, Golden Mile 03
What is 3704 worth today?
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Source: Dubai Land Department. Updated 29 March 2024.
Key facts
- Type
- Penthouse apartment
- Size
- 10,222 sqft
- Floor
- 7th of 7
- Parking
- Building 3-B3-107, Building 3-B3-108
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 158,300 /yr
- Last sold
- AED 12.2M · March 2024
- Building
- Golden Mile 03
About 3704, Golden Mile 03
3704 is a penthouse of 10,222 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 29 March 2024 for AED 12,200,000, or AED 1,193 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 18 June 2022, is AED 280,000 a year: a gross yield of 2.3% on the 2024 price, before the service charge of about AED 158,300 a year.
Sales and rents for 3704 over time
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 3704 sits
All 7 penthouses →Over the last 12 months penthouses sold for AED 8,400,000, around AED 1,796 per sqft.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 4,677 sqft | 8,400,000 | 1,796 | ||
| 22 Oct 202522 October 2025 | 4,882 sqft | 8,300,000 | 1,700 | ||
| 27 Mar 202527 March 2025 | 5,111 sqft | 8,250,000 | 1,614 | ||
| 28 Aug 202428 August 2024 | 4,369 sqft | 7,100,000 | 1,625 |
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 7th floor
All 85 units in Golden Mile 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | Penthouse | 4,882 sqft | AED 8.3MAED 8,300,000 · Oct 2025October 2025 | 315,000 /yr | |
| 3702 | Penthouse | 4,369 sqft | AED 7.1MAED 7,100,000 · Aug 2024August 2024 | 200,000 /yr | |
| 3703 | Penthouse | 4,677 sqft | AED 8.4MAED 8,400,000 · Feb 2026February 2026 | 236,500 /yr | |
| 3705 | Penthouse | 3,946 sqft | AED 3.24MAED 3,238,500 · Jan 2010January 2010 | ||
| 3706 | Penthouse | 4,442 sqft | AED 4.45MAED 4,450,000 · May 2022May 2022 | 250,000 /yr | |
| 3707 | Penthouse | 5,111 sqft | AED 8.25MAED 8,250,000 · Mar 2025March 2025 |
3704, Golden Mile 03 in numbers
- Sold 3 times: first on 27 March 2013 for AED 12,489,724, last on 29 March 2024 for AED 12,200,000 (AED 1,193 per sqft).
- Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 330,000 to AED 245,000 in 2020 and recovered to AED 280,000 by June 2022.
- At AED 280,000 a year the gross yield on the 2024 price is 2.3%, before a service charge of about AED 158,300 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 29 March 2024.
Questions about 3704, Golden Mile 03
What did unit 3704 last sell for?
AED 12,200,000 on 29 March 2024: AED 1,193 per sqft for 10,222 sqft. The unit has 3 registered sales; the first was AED 12,489,724 in March 2013.
What is the rent for unit 3704?
AED 280,000 a year on the contract renewed on 18 June 2022. The previous contract, from June 2021, was AED 270,000; the unit has been rented since June 2016.
How big is unit 3704?
10,222 sqft (949.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 3704 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 3704, Golden Mile 03
Starts from the last sale price (AED 12.2M, 29 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 12,200,000
- Deposit, UAE resident (20%)
- AED 2,440,000
- Deposit, non-resident (40%)
- AED 4,880,000
- Monthly over 25 years at 3.7%
- AED 49,914
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →