7103, 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 7103, Golden Mile 07
What is 7103 worth today?
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Source: Dubai Land Department. Updated 25 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,096 sqft
- Floor
- 1st of 7
- Parking
- Building 7- B3-95
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 32,500 /yr
- Last sold
- AED 1.62M · May 2009
- Building
- Golden Mile 07
About 7103, Golden Mile 07
7103 is a two-bedroom apartment of 2,096 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 21 May 2009 for AED 1,615,000, or AED 770 per sqft, 23% below the AED 998 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 25 March 2025, is AED 210,000 a year: a gross yield of 13.0% on the 2009 price, before the service charge of about AED 32,500 a year.
Sales and rents for 7103 over time
7103 has sold once; the dashed line is the two-bed median of each year in the building.
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 07, and where 7103 sits
All 42 2-beds →7103 last sold in May 2009 at AED 770 per sqft, 23% below what two-beds in Golden Mile 07 were fetching at the time (AED 998). 7103's AED 210,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20253 September 2025 | 2,604 sqft | 4,990,000 | 1,916 | ||
| 13 Feb 202513 February 2025 | 1,888 sqft | 2,950,000 | 1,562 | ||
| 19 Jan 202519 January 2025 | 2,604 sqft | 3,950,000 | 1,516 | ||
| 23 Aug 202423 August 2024 | 1,788 sqft | 3,350,000 | 1,873 |
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 | |||||
|---|---|---|---|---|---|
| 7101 | 1-bed | 1,305 sqft | AED 1.39MAED 1,390,000 · May 2009May 2009 | 130,000 /yr | |
| 7102 | 2-bed | 2,096 sqft | AED 2.28MAED 2,275,000 · Jul 2023July 2023 | 130,000 /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 |
7103, Golden Mile 07 in numbers
- Sold once: by Souq Residences on 21 May 2009 for AED 1,615,000, or AED 770 per sqft.
- Rented since May 2017 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2021 and recovered to AED 210,000 by March 2025.
- At AED 210,000 a year the gross yield on the 2009 price is 13.0%, before a service charge of about AED 32,500 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 25 March 2025.
Questions about 7103, Golden Mile 07
What did unit 7103 last sell for?
AED 1,615,000 on 21 May 2009, sold by the developer: AED 770 per sqft for 2,096 sqft. It is the only registered sale of the unit.
What is the rent for unit 7103?
AED 210,000 a year on the contract signed on 25 March 2025. The previous contract, from March 2025, was AED 210,000; the unit has been rented since May 2017.
How big is unit 7103?
2,096 sqft (194.7 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.
What is unit 7103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 7103, Golden Mile 07
Starts from the last sale price (AED 1.62M, 21 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,615,000
- Deposit, UAE resident (20%)
- AED 323,000
- Deposit, non-resident (40%)
- AED 646,000
- Monthly over 25 years at 3.7%
- AED 6,607
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →