Deira Gold Souk Residences
Deira
Developer: Select Group
Current Price
AED 3,100
per sqft
Rental Yield
5.8%
Total Units
280
Floors
17
Year Completed
2019
Tier
PREMIUM
Investment Thesis
Heritage Deira location with cultural significance and excellent yields; metro proximity and expat appeal drive strong rental demand.
Best For
- Yield investors
- Expat workers
- Cultural enthusiasts
Tier Classification
Premium residential with good amenities, professional management and broad appeal.
12-Month Price History
2025-07
AED 3,086
2025-08
AED 3,066
2025-09
AED 3,061
2025-10
AED 3,073
2025-11
AED 3,098
2025-12
AED 3,128
2026-01
AED 3,156
2026-02
AED 3,174
2026-03
AED 3,177
2026-04
AED 3,164
2026-05
AED 3,136
2026-06
AED 3,100
Trend: Upward trend over past 12 months
Unit Mix
Studio
50
1 Bedroom
85
2 Bedroom
110
3 Bedroom
30
Penthouse
5
Recent Transactions
| Unit | BR | Area (sqft) | Price (AED) | Date |
|---|---|---|---|---|
| 1705 | 3 | 2,100 | AED 6,510,000 | 3/15/2026 |
| 1205 | 2 | 1,300 | AED 4,030,000 | 2/19/2026 |
Rental Yield & Annual Rent
Gross Rental Yield
5.8%
1BR Annual Rent
AED 125,000
2BR Annual Rent
AED 205,000
3BR Annual Rent
AED 285,000
Amenities
Gold Souk access
Cultural center
Retail outlets
Restaurants
Community pool
Gym
Kids area
Parking
Proximity & Access
Metro: Gold Souk
2 min away
Airport: DXB
14 min away
Beach
8 min away
Downtown Dubai
10 min away
Pros
- Excellent 5.8% yields
- Metro-adjacent
- Cultural significance
- Expat appeal
Cons
- Heritage location less prestige than new
- Service charges variable
- Slower capital appreciation
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