6703, Golden Mile 06
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6703, Golden Mile 06
What is 6703 worth today?
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Source: Dubai Land Department. Updated 20 September 2023.
Key facts
- Type
- Penthouse apartment
- Size
- 4,677 sqft
- Floor
- 7th of 7
- Parking
- Building 6-B3-94, Building 6-B3-95
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 72,400 /yr
- Last sold
- AED 5M · September 2023
- Building
- Golden Mile 06
About 6703, Golden Mile 06
6703 is a penthouse of 4,677 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 20 September 2023 for AED 4,999,000, or AED 1,068 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 21 July 2022, is AED 255,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 72,400 a year.
Sales and rents for 6703 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 6703 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 | ||
| 17 May 202217 May 2022 | 4,369 sqft | 4,250,000 | 972 | ||
| 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 | |
| 6702 | Penthouse | 4,369 sqft | AED 4.25MAED 4,250,000 · May 2022May 2022 | 290,000 /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 |
6703, Golden Mile 06 in numbers
- Sold twice: first on 28 May 2009 for AED 3,277,500, last on 20 September 2023 for AED 4,999,000 (AED 1,068 per sqft).
- Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 250,000 to AED 175,000 in 2020 and recovered to AED 255,000 by July 2022.
- At AED 255,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 72,400 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 20 September 2023.
Questions about 6703, Golden Mile 06
What did unit 6703 last sell for?
AED 4,999,000 on 20 September 2023: AED 1,068 per sqft for 4,677 sqft. The unit has 2 registered sales; the first was AED 3,277,500 in May 2009.
What is the rent for unit 6703?
AED 255,000 a year on the contract renewed on 21 July 2022. The previous contract, from July 2021, was AED 215,000; the unit has been rented since October 2016.
How big is unit 6703?
4,677 sqft (434.5 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 6703 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 6703, Golden Mile 06
Starts from the last sale price (AED 5M, 20 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,999,000
- Deposit, UAE resident (20%)
- AED 999,800
- Deposit, non-resident (40%)
- AED 1,999,600
- Monthly over 25 years at 3.7%
- AED 20,452
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →