Palm Jumeirah
Golden Mile
SOUQ RESIDENCES FZCO · Selling since 2004 · recent sales mostly resales
Median per sqft
AED 1,789/sqft
3yr CAGR
+6.5%
5yr projection (1,000 sqft)
AED 2,651,177
AED 1,301,069 to AED 5,239,893, from 22.3 years of this project's own history. A trend, not a forecast.
Confidence
Wide range
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Golden Mile — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Golden Mile over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Golden Mile itself; the rest are homes of the same size in Palm Jumeirah, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 2.65M | AED 140,000/yrthis building · 50 new lets | 5.3% | 10 |
| 2 beds | AED 3.66M | AED 194,938/yrthis building · 103 new lets | 5.3% | 20 |
| 3 beds | AED 6.95M | AED 325,000/yrthis building · 30 new lets | 4.7% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 10.8% instead of 5.3%, because it prices the home at AED 1.3M — the median across every sale on record — rather than the AED 2.65M it costs today. Every figure above uses the same twelve months on both sides.
Due diligence
Price vs. Palm Jumeirah median
-38.2%
Priced at or below the area's real median.
Developer track record
2,077 real transactions
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest metro
427 m
Al-Ittihad Park
Nearest school
1.5 km
ICCA Dubai
Nearest hospital
1.5 km
Welcare Hospital
Nearest supermarket
279 m
Spinneys
Metro stations
- Al-Ittihad Park427 m
- Palm Gateway
Other projects in Palm Jumeirah
Passo By Beyond
ESTATE GRAND REAL ESTATE DEVELOPMENT L.L.C
AED 5,831/sqft
Serenia Living
Palma Homes Real Estate Development L.L.C
AED 4,384/sqft
Luce
Taraf Development L.L.C
AED 4,029/sqft
Olaia Residences
GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C
AED 4,028/sqft
Como Residences
THE PALM - JUMEIRAH CO. (L.L.C)
AED 5,418/sqft