7101, Golden Mile 07
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7101, Golden Mile 07
What is 7101 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,305 sqft
- Floor
- 1st of 7
- Parking
- Building 7- B3-11
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.39M · May 2009
- Building
- Golden Mile 07
About 7101, Golden Mile 07
7101 is a one-bedroom apartment of 1,305 sqft on the 1st floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 24 May 2009 for AED 1,390,000, or AED 1,065 per sqft, in line with the AED 1,065 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 10 October 2024, is AED 130,000 a year: a gross yield of 9.3% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 7101 over time
7101 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golden Mile 07, and where 7101 sits
All 18 1-beds →7101 last sold in May 2009 at AED 1,065 per sqft, in line with what one-beds in Golden Mile 07 were fetching at the time (AED 1,065). 7101's AED 130,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 May 202427 May 2024 | 1,305 sqft | 2,400,000 | 1,839 | ||
| 11 Dec 202311 December 2023 | 1,307 sqft | 2,170,000 | 1,660 | ||
| 31 May 202331 May 2023 | 1,342 sqft | 1,625,000 | 1,211 | ||
| 29 Aug 202229 August 2022 | 1,307 sqft | 1,530,000 | 1,170 |
Golden Mile 07
Building79 apartments, 1-bed to 4-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,762
- Typical sale
- AED 17.5M
- Typical rent
- AED 170K /yr
- Typical yield
- 5.2%
Other units on the 1st floor
All 79 units in Golden Mile 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7102 | 2-bed | 2,096 sqft | AED 2.28MAED 2,275,000 · Jul 2023July 2023 | 130,000 /yr | |
| 7103 | 2-bed | 2,096 sqft | AED 1.62MAED 1,615,000 · May 2009May 2009 | 210,000 /yr | |
| 7104 | 1-bed | 1,410 sqft | AED 1.32MAED 1,320,500 · May 2009May 2009 | 120,000 /yr | |
| 7105 | 2-bed | 2,002 sqft | AED 2.18MAED 2,180,000 · Apr 2023April 2023 | 100,000 /yr | |
| 7106 | 1-bed | 1,342 sqft | AED 1.63MAED 1,625,000 · May 2023May 2023 | 110,000 /yr | |
| 7107 | 2-bed | 1,979 sqft | AED 1.7MAED 1,700,000 · May 2009May 2009 | 120,000 /yr | |
| 7108 | 3-bed | 3,322 sqft | AED 3.85MAED 3,850,000 · Oct 2021October 2021 | 220,000 /yr | |
| 7109 | 2-bed | 2,595 sqft | AED 3.8MAED 3,800,000 · Aug 2024August 2024 | 210,000 /yr | |
| 7110 | 2-bed | 2,604 sqft | AED 3.95MAED 3,950,000 · Jan 2025January 2025 | 155,000 /yr | |
| 7111 | 2-bed | 2,604 sqft | AED 4.99MAED 4,990,000 · Sep 2025September 2025 | 105,000 /yr | |
| 7112 | 3-bed | 3,754 sqft | AED 2.03MAED 2,025,000 · Mar 2023March 2023 | 240,000 /yr |
7101, Golden Mile 07 in numbers
- Sold once: by Souq Residences on 24 May 2009 for AED 1,390,000, or AED 1,065 per sqft.
- Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 120,750 to AED 65,000 in 2021 and recovered to AED 130,000 by October 2024.
- At AED 130,000 a year the gross yield on the 2009 price is 9.3%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 10 October 2024.
Questions about 7101, Golden Mile 07
What did unit 7101 last sell for?
AED 1,390,000 on 24 May 2009, sold by the developer: AED 1,065 per sqft for 1,305 sqft. It is the only registered sale of the unit.
What is the rent for unit 7101?
AED 130,000 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 130,000; the unit has been rented since March 2017.
How big is unit 7101?
1,305 sqft (121.2 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 7101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 7101? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 7101, Golden Mile 07
Starts from the last sale price (AED 1.39M, 24 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,390,000
- Deposit, UAE resident (20%)
- AED 278,000
- Deposit, non-resident (40%)
- AED 556,000
- Monthly over 25 years at 3.7%
- AED 5,687
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →