2-bed · 1,887 sqftGolden Mile 06, Palm Jumeirah · 4th floor · completed 2009

6407, Golden Mile 06

Sold prices and rental history: sold 4 times, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6407 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 1.7M9 December 2021
Current rentAED 180K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6407, Golden Mile 06

What is 6407 worth today?

Last sold for AED 1,700,000 in 2021

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1 Jan 2025RentedNew contract
AED 180,000/yr12 months · AED 96 per sqft
28 Sep 2023RentedRenewal
AED 168,000/yr12 months · AED 89 per sqft
28 Sep 2022RentedNew contract
AED 148,000/yr12 months · AED 79 per sqft
9 Dec 2021SoldReady
AED 1,700,000AED 900 per sqft
25 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 45 per sqft
24 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
28 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
31 Jul 2016RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
4th of 7
Parking
Building 6-B3-84
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.7M · December 2021

About 6407, Golden Mile 06

6407 is a two-bedroom apartment of 1,887 sqft on the 4th floor of Golden Mile 06, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 9 December 2021 for AED 1,700,000, or AED 900 per sqft, in line with the AED 915 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 January 2025, is AED 180,000 a year: a gross yield of 10.6% on the 2021 price, before the service charge of about AED 29,200 a year.

Sales and rents for 6407 over time

Sales
Unit 6407, each saleTypical two-bed in Golden Mile 06
2M2009201420192024Typical sale price by year: 2009 AED 1,590,000; 2012 AED 837,500; 2013 AED 1,500,000; 2014 AED 2,700,000; 2016 AED 837,500; 2019 AED 1,612,500; 2021 AED 1,687,500; 2022 AED 2,015,000; 2023 AED 2,540,000; 2024 AED 3,175,000; 2025 AED 3,200,000Sold by developer, April 2013: AED 1,550,000 (AED 821 per sqft)Sold, May 2013: AED 1,500,000 (AED 794 per sqft)Sold, December 2013: AED 1,950,000 (AED 1,033 per sqft)Sold, December 2021: AED 1,700,000 (AED 900 per sqft)

6407 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6407, each contractTypical two-bed in Golden Mile 06
100K150K200K2014201820222026Typical rent by year: 2014 AED 160,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 102,000; 2022 AED 115,000; 2023 AED 131,155; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 185,000New contract, July 2015: AED 150,000 a yearRenewal, July 2016: AED 150,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, November 2019: AED 100,000 a yearNew contract, November 2020: AED 85,000 a yearNew contract, September 2022: AED 148,000 a yearRenewal, September 2023: AED 168,000 a yearNew contract, January 2025: AED 180,000 a year

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

2-beds in Golden Mile 06, and where 6407 sits

All 42 2-beds →

6407 last sold in December 2021 at AED 900 per sqft, in line with what two-beds in Golden Mile 06 were fetching at the time (AED 915). Over the last 12 months two-beds sold for AED 3,300,000 to 3,525,000, around AED 1,843 per sqft, and rent for AED 146,000 to 240,000 a year. 6407's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20263,300,000
26 Aug 20263,525,000
6 Aug 20253,200,000
19 Feb 20253,370,000
2 2-bed sales in the last 12 months

Golden Mile 06

Building

84 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 5 sold in the last 12 months.

Typical price per sqft
AED 1,926
Typical sale
AED 3.53M
Typical rent
AED 179K /yr
Typical yield
5.2%
Golden Mile 06, Palm Jumeirah: prices, sales and rents →

Other units on the 4th floor

All 84 units in Golden Mile 06
Value
64011-bedAED 2.53M · Jul 2026
64022-bedAED 2.5M · Dec 2023
64032-bedAED 2.75M · Jul 2024
64041-bedAED 1.13M · May 2014
64052-bedAED 3.37M · Feb 2025
64061-bedAED 2.7M · Sep 2025
64083-bedAED 3.1M · Aug 2021
1–7 of 11

6407, Golden Mile 06 in numbers

  • Sold 4 times: first on 1 April 2013 for AED 1,550,000, last on 9 December 2021 for AED 1,700,000 (AED 900 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 85,000 in 2020 and recovered to AED 180,000 by January 2025.
  • At AED 180,000 a year the gross yield on the 2021 price is 10.6%, before a service charge of about AED 29,200 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 06 sold for AED 3,300,000–3,525,000 in the 12 months to November 2026; the building's median across all types is AED 1,926 per sqft.

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 6407, Golden Mile 06

What did unit 6407 last sell for?

AED 1,700,000 on 9 December 2021: AED 900 per sqft for 1,887 sqft. The unit has 4 registered sales; the first was AED 1,550,000 in April 2013.

What is the rent for unit 6407?

AED 180,000 a year on the contract signed on 1 January 2025. The previous contract, from September 2023, was AED 168,000; the unit has been rented since July 2015.

How big is unit 6407?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 6407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golden Mile 06 sold for AED 3,300,000 to 3,525,000 in the last 12 months, around AED 1,843 per sqft.

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Mortgage on 6407, Golden Mile 06

Starts from the last sale price (AED 1.7M, 9 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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