Penthouse · 4,442 sqftGolden Mile 03, Palm Jumeirah · 7th floor · completed 2009

3706, Golden Mile 03

Sold prices and rental history: sold 3 times, last in May 2022, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3706 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 4.45M12 May 2022
Current rentAED 250K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3706, Golden Mile 03

What is 3706 worth today?

Last sold for AED 4,450,000 in 2022

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12 May 2022SoldReady
AED 4,450,000AED 1,001 per sqft
15 Oct 2021RentedNew contract
AED 250,000/yr12 months · AED 56 per sqft
3 Feb 2014SoldOff-plan
AED 4,437,000AED 998 per sqft
28 May 2009Sold by developerOff-plan
AED 3,850,000AED 866 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
Penthouse apartment
Size
4,442 sqft
Floor
7th of 7
Parking
Building 3-B3-84,85
Developer
Souq Residences
Completed
2009
Service charge
AED 68,800 /yr
Last sold
AED 4.45M · May 2022

About 3706, Golden Mile 03

3706 is a penthouse of 4,442 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 12 May 2022 for AED 4,450,000, or AED 1,001 per sqft.

One Ejari contract is registered, from 15 October 2021. The current contract, signed on 15 October 2021, is AED 250,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 68,800 a year.

Sales and rents for 3706 over time

Rents
Unit 3706, each contractTypical penthouse in Golden Mile 03
220K240K20172019202120232025Typical 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, October 2021: AED 250,000 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 3706 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
28 Aug 20247,100,000
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
3702PenthouseAED 7.1M · Aug 2024
3703PenthouseAED 8.4M · Feb 2026
3704PenthouseAED 12.2M · Mar 2024
3705PenthouseAED 3.24M · Jan 2010
3707PenthouseAED 8.25M · Mar 2025

3706, Golden Mile 03 in numbers

  • Sold 3 times: first on 28 May 2009 for AED 3,850,000, last on 12 May 2022 for AED 4,450,000 (AED 1,001 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 68,800 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 12 May 2022.

Questions about 3706, Golden Mile 03

What did unit 3706 last sell for?

AED 4,450,000 on 12 May 2022: AED 1,001 per sqft for 4,442 sqft. The unit has 3 registered sales; the first was AED 3,850,000 in May 2009.

What is the rent for unit 3706?

AED 250,000 a year on the contract signed on 15 October 2021.

How big is unit 3706?

4,442 sqft (412.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 3706 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 3706, Golden Mile 03

Starts from the last sale price (AED 4.45M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

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