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1-bed · 1,290 sqftGolden Mile 07, Palm Jumeirah · 2nd floor · completed 2009

7206, Golden Mile 07

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7206 · DLD and Ejari recordsUpdated 29 August 2025
Last soldAED 1.37M21 May 2009
Current rentAED 140K /yr29 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7206, Golden Mile 07

What is 7206 worth today?

Last sold for AED 1,370,000 in 2009

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29 Aug 2025RentedRenewal
AED 140,000/yr12 months · AED 109 per sqft
29 Aug 2024RentedNew contract
AED 140,000/yr12 months · AED 109 per sqft
10 Sep 2023RentedNew contract
AED 150,000/yr12 months · AED 116 per sqft
15 Jun 2022RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
21 May 2009Sold by developerOff-plan
AED 1,370,000AED 1,062 per sqft

Source: Dubai Land Department. Updated 29 August 2025.

Key facts

Type
1-bed apartment
Size
1,290 sqft
Floor
2nd of 7
Parking
Building 7- B3-31
Developer
Souq Residences
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.37M · May 2009
Building
Golden Mile 07

About 7206, Golden Mile 07

7206 is a one-bedroom apartment of 1,290 sqft on the 2nd 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 1,370,000, or AED 1,062 per sqft, in line with the AED 1,083 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 29 August 2025, is AED 140,000 a year: a gross yield of 10.2% on the 2009 price, before the service charge of about AED 20,000 a year.

Sales and rents for 7206 over time

Sales
Unit 7206, each saleTypical one-bed in Golden Mile 07
1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,390,000; 2011 AED 1,100,000; 2012 AED 827,500; 2013 AED 1,500,000; 2022 AED 1,530,000Sold by developer, May 2009: AED 1,370,000 (AED 1,062 per sqft)

7206 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7206, each contractTypical one-bed in Golden Mile 07
100K150K2016201920222025Typical rent by year: 2016 AED 120,000; 2017 AED 120,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 74,500; 2021 AED 74,000; 2022 AED 85,000; 2023 AED 101,500; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 120,000New contract, June 2022: AED 120,000 a yearNew contract, September 2023: AED 150,000 a yearNew contract, August 2024: AED 140,000 a yearRenewal, August 2025: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Golden Mile 07, and where 7206 sits

All 18 1-beds →

7206 last sold in May 2009 at AED 1,062 per sqft, in line with what one-beds in Golden Mile 07 were fetching at the time (AED 1,083). 7206's AED 140,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 May 20242,400,000
11 Dec 20232,170,000
31 May 20231,625,000
29 Aug 20221,530,000
0 1-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 2nd floor

All 79 units in Golden Mile 07
Value
72011-bedAED 1.5M · Oct 2013
72022-bedAED 2.35M · Jan 2017
72032-bedAED 1.65M · May 2009
72041-bedAED 1.53M · Aug 2022
72052-bedAED 1.6M · May 2009
72072-bedAED 1.23M · May 2011
72083-bedAED 2.8M · Oct 2013
1–7 of 11

7206, Golden Mile 07 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,370,000, or AED 1,062 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 120,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2009 price is 10.2%, before a service charge of about AED 20,000 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 29 August 2025.

Questions about 7206, Golden Mile 07

What did unit 7206 last sell for?

AED 1,370,000 on 21 May 2009, sold by the developer: AED 1,062 per sqft for 1,290 sqft. It is the only registered sale of the unit.

What is the rent for unit 7206?

AED 140,000 a year on the contract renewed on 29 August 2025. The previous contract, from August 2024, was AED 140,000; the unit has been rented since June 2022.

How big is unit 7206?

1,290 sqft (119.8 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 7206 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 7206, Golden Mile 07

Starts from the last sale price (AED 1.37M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,370,000
Deposit, UAE resident (20%)
AED 274,000
Deposit, non-resident (40%)
AED 548,000
Monthly over 25 years at 3.7%
AED 5,605

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