6702, Golden Mile 06
Sold prices and rental history: sold 3 times, last in May 2022, and rented once, from November 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6702, Golden Mile 06
What is 6702 worth today?
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Source: Dubai Land Department. Updated 17 May 2022.
Key facts
- Type
- Penthouse apartment
- Size
- 4,369 sqft
- Floor
- 7th of 7
- Parking
- Building 6-B3-97,98
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 67,700 /yr
- Last sold
- AED 4.25M · May 2022
- Building
- Golden Mile 06
About 6702, Golden Mile 06
6702 is a penthouse of 4,369 sqft on the 7th floor of Golden Mile 06, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 17 May 2022 for AED 4,250,000, or AED 972 per sqft.
One Ejari contract is registered, from 16 November 2014. The current contract, signed on 16 November 2014, is AED 290,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 67,700 a year.
Sales and rents for 6702 over time
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Golden Mile 06, and where 6702 sits
All 7 penthouses →Over the last 12 months penthouses sold for AED 7,600,000, around AED 1,926 per sqft, and rent for AED 385,875 to 418,488 a year.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20267 July 2026 | 3,946 sqft | 7,600,000 | 1,926 | ||
| 20 Sep 202320 September 2023 | 4,677 sqft | 4,999,000 | 1,068 | ||
| 28 Apr 201928 April 2019 | 3,946 sqft | 3,575,000 | 906 | ||
| 20 Dec 201820 December 2018 | 3,946 sqft | 3,000,000 | 760 |
Golden Mile 06
Building84 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%
Other units on the 7th floor
All 84 units in Golden Mile 06| ValueToday's value | |||||
|---|---|---|---|---|---|
| 6701 | Penthouse | 4,882 sqft | AED 3.55MAED 3,550,000 · May 2009May 2009 | 385,875 /yr | |
| 6703 | Penthouse | 4,677 sqft | AED 5MAED 4,999,000 · Sep 2023September 2023 | 255,000 /yr | |
| 6704 | Penthouse | 10,222 sqft | AED 5.6MAED 5,600,000 · Dec 2009December 2009 | 500,000 /yr | |
| 6705 | Penthouse | 3,946 sqft | AED 7.6MAED 7,600,000 · Jul 2026July 2026 | 230,000 /yr | |
| 6706 | Penthouse | 4,442 sqft | AED 4.2MAED 4,200,000 · Feb 2014February 2014 | ||
| 6707 | Penthouse | 5,111 sqft | AED 3.1MAED 3,100,000 · Mar 2015March 2015 | 418,488 /yr |
6702, Golden Mile 06 in numbers
- Sold 3 times: first on 7 September 2009 for AED 3,400,000, last on 17 May 2022 for AED 4,250,000 (AED 972 per sqft).
- Rented since November 2014 on one Ejari contract, at AED 290,000 a year.
- At AED 290,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 67,700 a year (AED 15.49 per sqft).
- Penthouses in Golden Mile 06 sold for AED 7,600,000–7,600,000 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 17 May 2022.
Questions about 6702, Golden Mile 06
What did unit 6702 last sell for?
AED 4,250,000 on 17 May 2022: AED 972 per sqft for 4,369 sqft. The unit has 3 registered sales; the first was AED 3,400,000 in September 2009.
What is the rent for unit 6702?
AED 290,000 a year on the contract signed on 16 November 2014.
How big is unit 6702?
4,369 sqft (405.9 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 6702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Golden Mile 06 sold for AED 7,600,000 to 7,600,000 in the last 12 months, around AED 1,926 per sqft.
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Mortgage on 6702, Golden Mile 06
Starts from the last sale price (AED 4.25M, 17 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,250,000
- Deposit, UAE resident (20%)
- AED 850,000
- Deposit, non-resident (40%)
- AED 1,700,000
- Monthly over 25 years at 3.7%
- AED 17,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →