2-bed · 2,604 sqftGolden Mile 07, Palm Jumeirah · 1st floor · completed 2009

7110, Golden Mile 07

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7110 · DLD and Ejari recordsUpdated 19 January 2025
Last soldAED 3.95M19 January 2025
Current rentAED 155K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7110, Golden Mile 07

What is 7110 worth today?

Last sold for AED 3,950,000 in 2025

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19 Jan 2025SoldReady
AED 3,950,000AED 1,516 per sqft
1 Apr 2024RentedRenewal
AED 155,000/yr8 months · AED 60 per sqft
1 Apr 2023RentedRenewal
AED 155,000/yr12 months · AED 60 per sqft
1 Apr 2022RentedNew contract
AED 145,000/yr12 months · AED 56 per sqft
31 Mar 2021RentedRenewal
AED 130,000/yr12 months · AED 50 per sqft
31 Mar 2020RentedRenewal
AED 140,000/yr12 months · AED 54 per sqft
31 Mar 2018RentedRenewal
AED 160,000/yr12 months · AED 61 per sqft
31 Mar 2017RentedNew contract
AED 160,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 19 January 2025.

Key facts

Type
2-bed apartment
Size
2,604 sqft
Floor
1st of 7
Parking
Building 7-B3-85
Developer
Souq Residences
Completed
2009
Service charge
AED 40,300 /yr
Last sold
AED 3.95M · January 2025

About 7110, Golden Mile 07

7110 is a two-bedroom apartment of 2,604 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 19 January 2025 for AED 3,950,000, or AED 1,516 per sqft, 14% below the AED 1,761 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 155,000 a year: a gross yield of 3.9% on the 2025 price, before the service charge of about AED 40,300 a year.

Sales and rents for 7110 over time

Sales
Unit 7110, 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 767 per sqft)Sold, November 2012: AED 1,600,000 (AED 614 per sqft)Sold, January 2025: AED 3,950,000 (AED 1,516 per sqft)

7110 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7110, each contractTypical two-bed in Golden Mile 07
100K150K200K2016201920222025Typical 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, March 2017: AED 160,000 a yearRenewal, March 2018: AED 160,000 a yearRenewal, March 2020: AED 140,000 a yearRenewal, March 2021: AED 130,000 a yearNew contract, April 2022: AED 145,000 a yearRenewal, April 2023: AED 155,000 a yearRenewal, April 2024: AED 155,000 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 7110 sits

All 42 2-beds →

7110 last sold in January 2025 at AED 1,516 per sqft, 14% below what two-beds in Golden Mile 07 were fetching at the time (AED 1,761). 7110's AED 155,000 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
23 Aug 20243,350,000
21 Aug 20243,800,000
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

7110, Golden Mile 07 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 2,000,000, last on 19 January 2025 for AED 3,950,000 (AED 1,516 per sqft).
  • Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 160,000 to AED 130,000 in 2021 and recovered to AED 155,000 by April 2024.
  • At AED 155,000 a year the gross yield on the 2025 price is 3.9%, before a service charge of about AED 40,300 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 19 January 2025.

Questions about 7110, Golden Mile 07

What did unit 7110 last sell for?

AED 3,950,000 on 19 January 2025: AED 1,516 per sqft for 2,604 sqft. The unit has 3 registered sales; the first was AED 2,000,000 in May 2009.

What is the rent for unit 7110?

AED 155,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 155,000; the unit has been rented since March 2017.

How big is unit 7110?

2,604 sqft (241.9 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 7110 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 7110, Golden Mile 07

Starts from the last sale price (AED 3.95M, 19 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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