4-bed · 3,724 sqftGolden Mile 03, Palm Jumeirah · Ground floor · completed 2009

G-301, Golden Mile 03

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G-301 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 3.65M14 February 2024
Current rentAED 168K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G-301, Golden Mile 03

What is G-301 worth today?

Last sold for AED 3,650,000 in 2024

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14 Feb 2024SoldReady
AED 3,650,000AED 980 per sqft
15 Jul 2022RentedRenewal
AED 168,000/yr12 months · AED 45 per sqft
15 Jul 2021RentedRenewal
AED 160,000/yr12 months · AED 43 per sqft
15 Jul 2020RentedNew contract
AED 150,000/yr12 months · AED 40 per sqft
1 Feb 2019RentedNew contract
AED 170,000/yr12 months · AED 46 per sqft
18 Jan 2018RentedNew contract
AED 185,000/yr12 months · AED 50 per sqft
10 Nov 2016Sold by developerReady
AED 3,259,200AED 875 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
4-bed apartment
Size
3,724 sqft
Floor
Ground of 7
Parking
Integrated (14, 15)
Developer
Souq Residences
Completed
2009
Service charge
AED 57,700 /yr
Last sold
AED 3.65M · February 2024

About G-301, Golden Mile 03

G-301 is a four-bedroom apartment of 3,724 sqft on the ground floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 14 February 2024 for AED 3,650,000, or AED 980 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 July 2022, is AED 168,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 57,700 a year.

Sales and rents for G-301 over time

Sales
Unit G-301, each saleTypical four-bed in Golden Mile 03
3M3.5M2009201320172021Typical sale price by year: 2009 AED 2,850,000; 2016 AED 3,259,200Sold by developer, November 2016: AED 3,259,200 (AED 875 per sqft)Sold, February 2024: AED 3,650,000 (AED 980 per sqft)

G-301 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit G-301, each contractTypical four-bed in Golden Mile 03
150K200K2015201820212024Typical rent by year: 2015 AED 220,000; 2016 AED 205,000; 2017 AED 215,000; 2018 AED 185,000; 2019 AED 172,500; 2020 AED 161,500; 2021 AED 170,000; 2023 AED 200,001; 2025 AED 200,000New contract, January 2018: AED 185,000 a yearNew contract, February 2019: AED 170,000 a yearNew contract, July 2020: AED 150,000 a yearRenewal, July 2021: AED 160,000 a yearRenewal, July 2022: AED 168,000 a year

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

4-beds in Golden Mile 03, and where G-301 sits

All 7 4-beds →

Over the last 12 months four-beds sold for AED 6,075,000, around AED 1,633 per sqft, and rent for AED 125,000 to 125,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
11 Feb 20266,075,000
21 Jan 20254,750,000
21 Mar 20243,650,000
8 Apr 20212,500,000
1 4-bed 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 167K /yr
Typical yield
5.3%
Golden Mile 03, Palm Jumeirah: prices, sales and rents →

Other units on the ground floor

All 85 units in Golden Mile 03
Value
G-3024-bedAED 3.65M · Mar 2024
G-3034-bedAED 6.08M · Feb 2026
G-3044-bedAED 4.75M · Jan 2025
G-3054-bedAED 2.85M · May 2009
G-3064-bedAED 2.48M · Apr 2018
G-3074-bedAED 3.4M · Nov 2016

G-301, Golden Mile 03 in numbers

  • Sold twice: first on 10 November 2016 for AED 3,259,200, last on 14 February 2024 for AED 3,650,000 (AED 980 per sqft).
  • Rented since January 2018 on 5 Ejari contracts. The rent fell from AED 185,000 to AED 150,000 in 2020 and recovered to AED 168,000 by July 2022.
  • At AED 168,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 57,700 a year (AED 15.49 per sqft).
  • Four-beds in Golden Mile 03 sold for AED 6,075,000–6,075,000 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 14 February 2024.

Questions about G-301, Golden Mile 03

What did unit G-301 last sell for?

AED 3,650,000 on 14 February 2024: AED 980 per sqft for 3,724 sqft. The unit has 2 registered sales; the first was AED 3,259,200 in November 2016.

What is the rent for unit G-301?

AED 168,000 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 160,000; the unit has been rented since January 2018.

How big is unit G-301?

3,724 sqft (346.0 sqm): a four-bedroom apartment on the ground floor of a 7-storey tower completed in 2009.

What is unit G-301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Golden Mile 03 sold for AED 6,075,000 to 6,075,000 in the last 12 months, around AED 1,633 per sqft.

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Mortgage on G-301, Golden Mile 03

Starts from the last sale price (AED 3.65M, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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