2-bed · 2,595 sqftGolden Mile 07, Palm Jumeirah · 1st floor · completed 2009

7109, Golden Mile 07

Sold prices and rental history: sold 4 times, last in August 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7109 · DLD and Ejari recordsUpdated 2 July 2026
Last soldAED 3.8M21 August 2024
Current rentAED 210K /yr2 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7109, Golden Mile 07

What is 7109 worth today?

Last sold for AED 3,800,000 in 2024

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2 Jul 2026RentedRenewal
AED 210,000/yr12 months · AED 81 per sqft
21 Aug 2024SoldReady
AED 3,800,000AED 1,464 per sqft
3 Jul 2024RentedNew contract
AED 250,000/yr12 months · AED 96 per sqft
4 Jul 2023RentedNew contract
AED 250,000/yr12 months · AED 96 per sqft
3 Apr 2023SoldReady
AED 2,980,000AED 1,148 per sqft
3 Mar 2013SoldOff-plan
AED 1,600,000AED 616 per sqft
21 May 2009Sold by developerOff-plan
AED 2,000,000AED 770 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type
2-bed apartment
Size
2,595 sqft
Floor
1st of 7
Parking
Building 7-B3-30
Developer
Souq Residences
Completed
2009
Service charge
AED 40,200 /yr
Last sold
AED 3.8M · August 2024

About 7109, Golden Mile 07

7109 is a two-bedroom apartment of 2,595 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 21 August 2024 for AED 3,800,000, or AED 1,464 per sqft, 17% below the AED 1,761 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 2 July 2026, is AED 210,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 40,200 a year.

Sales and rents for 7109 over time

Sales
Unit 7109, 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 2,000,000 (AED 770 per sqft)Sold, March 2013: AED 1,600,000 (AED 616 per sqft)Sold, April 2023: AED 2,980,000 (AED 1,148 per sqft)Sold, August 2024: AED 3,800,000 (AED 1,464 per sqft)

7109 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7109, 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, July 2023: AED 250,000 a yearNew contract, July 2024: AED 250,000 a yearRenewal, July 2026: AED 210,000 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 7109 sits

All 42 2-beds →

7109 last sold in August 2024 at AED 1,464 per sqft, 17% below what two-beds in Golden Mile 07 were fetching at the time (AED 1,761). 7109's AED 210,000 is in the lower half 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
71052-bedAED 2.18M · Apr 2023
71061-bedAED 1.63M · May 2023
71072-bedAED 1.7M · May 2009
1–7 of 11

7109, Golden Mile 07 in numbers

  • Sold 4 times: first on 21 May 2009 for AED 2,000,000, last on 21 August 2024 for AED 3,800,000 (AED 1,464 per sqft).
  • Rented since July 2023 on 3 Ejari contracts, from AED 250,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 40,200 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 2 July 2026.

Questions about 7109, Golden Mile 07

What did unit 7109 last sell for?

AED 3,800,000 on 21 August 2024: AED 1,464 per sqft for 2,595 sqft. The unit has 4 registered sales; the first was AED 2,000,000 in May 2009.

What is the rent for unit 7109?

AED 210,000 a year on the contract renewed on 2 July 2026. The previous contract, from July 2024, was AED 250,000; the unit has been rented since July 2023.

How big is unit 7109?

2,595 sqft (241.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 7109 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 7109, Golden Mile 07

Starts from the last sale price (AED 3.8M, 21 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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