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

7111, Golden Mile 07

Sold prices and rental history: sold 4 times, last in September 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7111 · DLD and Ejari recordsUpdated 3 September 2025
Last soldAED 4.99M3 September 2025
Current rentAED 105K /yr17 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7111, Golden Mile 07

What is 7111 worth today?

Last sold for AED 4,990,000 in 2025

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3 Sep 2025SoldReady
AED 4,990,000AED 1,916 per sqft
27 Jan 2023SoldReady
AED 4,200,000AED 1,612 per sqft
22 Aug 2021SoldReady
AED 1,950,000AED 748 per sqft
17 Oct 2020RentedRenewal
AED 105,000/yr12 months · AED 40 per sqft
17 Oct 2019RentedRenewal
AED 115,000/yr12 months · AED 44 per sqft
16 Oct 2018RentedNew contract
AED 124,665/yr12 months · AED 48 per sqft
2 Feb 2017RentedNew contract
AED 150,000/yr12 months · AED 58 per sqft
21 May 2009Sold by developerOff-plan
AED 2,000,000AED 767 per sqft

Source: Dubai Land Department. Updated 3 September 2025.

Key facts

Type
2-bed apartment
Size
2,604 sqft
Floor
1st of 7
Parking
Building 7-B3-86
Developer
Souq Residences
Completed
2009
Service charge
AED 40,300 /yr
Last sold
AED 4.99M · September 2025

About 7111, Golden Mile 07

7111 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 3 September 2025 for AED 4,990,000, or AED 1,916 per sqft, 23% above the AED 1,562 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 17 October 2020, is AED 105,000 a year: a gross yield of 2.1% on the 2025 price, before the service charge of about AED 40,300 a year.

Sales and rents for 7111 over time

Sales
Unit 7111, 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, August 2021: AED 1,950,000 (AED 748 per sqft)Sold, January 2023: AED 4,200,000 (AED 1,612 per sqft)Sold, September 2025: AED 4,990,000 (AED 1,916 per sqft)

7111 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7111, 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, February 2017: AED 150,000 a yearNew contract, October 2018: AED 124,665 a yearRenewal, October 2019: AED 115,000 a yearRenewal, October 2020: AED 105,000 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 7111 sits

All 42 2-beds →

7111 last sold in September 2025 at AED 1,916 per sqft, 23% above what two-beds in Golden Mile 07 were fetching at the time (AED 1,562). 7111's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20252,950,000
19 Jan 20253,950,000
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

7111, Golden Mile 07 in numbers

  • Sold 4 times: first on 21 May 2009 for AED 2,000,000, last on 3 September 2025 for AED 4,990,000 (AED 1,916 per sqft).
  • Rented since February 2017 on 4 Ejari contracts, from AED 150,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2025 price is 2.1%, before a service charge of about AED 40,300 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 3 September 2025.

Questions about 7111, Golden Mile 07

What did unit 7111 last sell for?

AED 4,990,000 on 3 September 2025: AED 1,916 per sqft for 2,604 sqft. The unit has 4 registered sales; the first was AED 2,000,000 in May 2009.

What is the rent for unit 7111?

AED 105,000 a year on the contract renewed on 17 October 2020. The previous contract, from October 2019, was AED 115,000; the unit has been rented since February 2017.

How big is unit 7111?

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 7111 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 7111, Golden Mile 07

Starts from the last sale price (AED 4.99M, 3 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,990,000
Deposit, UAE resident (20%)
AED 998,000
Deposit, non-resident (40%)
AED 1,996,000
Monthly over 25 years at 3.7%
AED 20,416

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