G-302, Golden Mile 03
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G-302, Golden Mile 03
What is G-302 worth today?
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Source: Dubai Land Department. Updated 21 March 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 3,693 sqft
- Floor
- Ground of 7
- Parking
- Integrated (12, 13)
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 57,200 /yr
- Last sold
- AED 3.65M · March 2024
- Building
- Golden Mile 03
About G-302, Golden Mile 03
G-302 is a four-bedroom apartment of 3,693 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 21 March 2024 for AED 3,650,000, or AED 988 per sqft.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 200,001 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 57,200 a year.
Sales and rents for G-302 over time
G-302 has sold twice; the dashed line is the four-bed median of each year in the building.
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-302 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 3,720 sqft | 6,075,000 | 1,633 | ||
| 21 Jan 202521 January 2025 | 3,712 sqft | 4,750,000 | 1,279 | ||
| 14 Feb 202414 February 2024 | 3,724 sqft | 3,650,000 | 980 | ||
| 8 Apr 20218 April 2021 | 3,720 sqft | 2,500,000 | 672 |
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 ground floor
All 85 units in Golden Mile 03| ValueToday's value | |||||
|---|---|---|---|---|---|
| G-301 | 4-bed | 3,724 sqft | AED 3.65MAED 3,650,000 · Feb 2024February 2024 | 168,000 /yr | |
| G-303 | 4-bed | 3,720 sqft | AED 6.08MAED 6,075,000 · Feb 2026February 2026 | 300,000 /yr | |
| G-304 | 4-bed | 3,712 sqft | AED 4.75MAED 4,750,000 · Jan 2025January 2025 | 190,000 /yr | |
| G-305 | 4-bed | 3,702 sqft | AED 2.85MAED 2,850,000 · May 2009May 2009 | 225,000 /yr | |
| G-306 | 4-bed | 3,583 sqft | AED 2.48MAED 2,475,000 · Apr 2018April 2018 | 125,000 /yr | |
| G-307 | 4-bed | 3,749 sqft | AED 3.4MAED 3,400,000 · Nov 2016November 2016 |
G-302, Golden Mile 03 in numbers
- Sold twice: first on 10 November 2016 for AED 3,250,800, last on 21 March 2024 for AED 3,650,000 (AED 988 per sqft).
- Rented since January 2018 on 9 Ejari contracts. The rent fell from AED 185,000 to AED 150,000 in 2020 and recovered to AED 200,001 by October 2023.
- At AED 200,001 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 57,200 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 21 March 2024.
Questions about G-302, Golden Mile 03
What did unit G-302 last sell for?
AED 3,650,000 on 21 March 2024: AED 988 per sqft for 3,693 sqft. The unit has 2 registered sales; the first was AED 3,250,800 in November 2016.
What is the rent for unit G-302?
AED 200,001 a year on the contract renewed on 5 October 2023. The previous contract, from October 2022, was AED 200,000; the unit has been rented since January 2018.
How big is unit G-302?
3,693 sqft (343.1 sqm): a four-bedroom apartment on the ground floor of a 7-storey tower completed in 2009.
What is unit G-302 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-302, Golden Mile 03
Starts from the last sale price (AED 3.65M, 21 March 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 →