2-bed · 2,002 sqftGolden Mile 07, Palm Jumeirah · 1st floor · completed 2009

7105, Golden Mile 07

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7105 · DLD and Ejari recordsUpdated 27 April 2023
Last soldAED 2.18M27 April 2023
Current rentAED 100K /yr10 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7105, Golden Mile 07

What is 7105 worth today?

Last sold for AED 2,180,000 in 2023

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27 Apr 2023SoldReady
AED 2,180,000AED 1,089 per sqft
10 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 50 per sqft
10 Jul 2021RentedRenewal
AED 85,000/yr12 months · AED 42 per sqft
10 Jul 2020RentedNew contract
AED 85,000/yr12 months · AED 42 per sqft
27 Dec 2018RentedRenewal
AED 125,000/yr12 months · AED 62 per sqft
27 Dec 2017RentedRenewal
AED 145,000/yr12 months · AED 72 per sqft
27 Dec 2016RentedNew contract
AED 160,000/yr12 months · AED 80 per sqft
19 Oct 2015SoldOff-plan
AED 2,450,000AED 1,370 per sqft

Source: Dubai Land Department. Updated 27 April 2023.

Key facts

Type
2-bed apartment
Size
2,002 sqft
Floor
1st of 7
Parking
Building 7-B3-38
Developer
Souq Residences
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 2.18M · April 2023

About 7105, Golden Mile 07

7105 is a two-bedroom apartment of 2,002 sqft on the 1st floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 27 April 2023 for AED 2,180,000, or AED 1,089 per sqft, 6% below the AED 1,157 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 10 July 2022, is AED 100,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 31,000 a year.

Sales and rents for 7105 over time

Sales
Unit 7105, each saleTypical two-bed in Golden Mile 07
2M4M2009201420192024Typical sale price by year: 2009 AED 1,900,000; 2011 AED 1,352,500; 2012 AED 1,537,500; 2013 AED 1,825,000; 2016 AED 1,900,000; 2017 AED 1,175,000; 2020 AED 1,287,500; 2022 AED 1,375,500; 2023 AED 2,525,000; 2024 AED 3,275,000; 2025 AED 3,950,000Sold by developer, May 2009: AED 1,650,000 (AED 824 per sqft)Sold, October 2015: AED 2,450,000 (AED 1,370 per sqft)Sold, April 2023: AED 2,180,000 (AED 1,089 per sqft)

7105 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7105, each contractTypical two-bed in Golden Mile 07
100K200K2016201920222025Typical rent by year: 2016 AED 155,000; 2017 AED 147,500; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 104,500; 2022 AED 114,950; 2023 AED 131,553; 2024 AED 177,500; 2025 AED 210,000; 2026 AED 182,500New contract, December 2016: AED 160,000 a yearRenewal, December 2017: AED 145,000 a yearRenewal, December 2018: AED 125,000 a yearNew contract, July 2020: AED 85,000 a yearRenewal, July 2021: AED 85,000 a yearRenewal, July 2022: AED 100,000 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 07, and where 7105 sits

All 42 2-beds →

7105 last sold in April 2023 at AED 1,089 per sqft, 6% below what two-beds in Golden Mile 07 were fetching at the time (AED 1,157). 7105's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20254,990,000
13 Feb 20252,950,000
19 Jan 20253,950,000
23 Aug 20243,350,000
0 2-bed sales in the last 12 months

Golden Mile 07

Building

79 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%
Golden Mile 07, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 79 units in Golden Mile 07
Value
71011-bedAED 1.39M · May 2009
71022-bedAED 2.28M · Jul 2023
71032-bedAED 1.62M · May 2009
71041-bedAED 1.32M · May 2009
71061-bedAED 1.63M · May 2023
71072-bedAED 1.7M · May 2009
71083-bedAED 3.85M · Oct 2021
1–7 of 11

7105, Golden Mile 07 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,650,000, last on 27 April 2023 for AED 2,180,000 (AED 1,089 per sqft).
  • Rented since December 2016 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 85,000 in 2021 and recovered to AED 100,000 by July 2022.
  • At AED 100,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 31,000 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 27 April 2023.

Questions about 7105, Golden Mile 07

What did unit 7105 last sell for?

AED 2,180,000 on 27 April 2023: AED 1,089 per sqft for 2,002 sqft. The unit has 3 registered sales; the first was AED 1,650,000 in May 2009.

What is the rent for unit 7105?

AED 100,000 a year on the contract renewed on 10 July 2022. The previous contract, from July 2021, was AED 85,000; the unit has been rented since December 2016.

How big is unit 7105?

2,002 sqft (186.0 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 7105 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 7105, Golden Mile 07

Starts from the last sale price (AED 2.18M, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,180,000
Deposit, UAE resident (20%)
AED 436,000
Deposit, non-resident (40%)
AED 872,000
Monthly over 25 years at 3.7%
AED 8,919

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