3-bed · 3,327 sqftGolden Mile 07, Palm Jumeirah · 2nd floor · completed 2009

7208, Golden Mile 07

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7208 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 2.8M1 October 2013
Current rentAED 300K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7208, Golden Mile 07

What is 7208 worth today?

Last sold for AED 2,800,000 in 2013

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1 Mar 2026RentedRenewal
AED 300,000/yr12 months · AED 90 per sqft
1 Mar 2025RentedRenewal
AED 287,500/yr12 months · AED 86 per sqft
1 Mar 2025RentedRenewal
AED 287,500/yr12 months · AED 86 per sqft
1 Mar 2024RentedRenewal
AED 250,000/yr12 months · AED 75 per sqft
1 Mar 2023RentedRenewal
AED 250,000/yr12 months · AED 75 per sqft
1 Mar 2022RentedRenewal
AED 210,000/yr12 months · AED 63 per sqft
1 Mar 2021RentedRenewal
AED 195,000/yr12 months · AED 59 per sqft
1 Mar 2020RentedRenewal
AED 190,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
3-bed apartment
Size
3,327 sqft
Floor
2nd of 7
Parking
Building 7- B3-25
Developer
Souq Residences
Completed
2009
Service charge
AED 51,500 /yr
Last sold
AED 2.8M · October 2013

About 7208, Golden Mile 07

7208 is a three-bedroom apartment of 3,327 sqft on the 2nd floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 1 October 2013 for AED 2,800,000, or AED 841 per sqft, 6% above the AED 793 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 300,000 a year: a gross yield of 10.7% on the 2013 price, before the service charge of about AED 51,500 a year.

Sales and rents for 7208 over time

Sales
Unit 7208, each saleTypical three-bed in Golden Mile 07
2M3M4M2009201320172021Typical sale price by year: 2009 AED 2,750,000; 2011 AED 2,200,000; 2012 AED 1,820,000; 2013 AED 2,775,000; 2023 AED 3,875,000Sold by developer, May 2009: AED 2,500,000 (AED 751 per sqft)Sold, October 2013: AED 2,800,000 (AED 841 per sqft)

7208 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7208, each contractTypical three-bed in Golden Mile 07
100K200K300K20152018202120242027Typical rent by year: 2016 AED 188,750; 2017 AED 215,000; 2018 AED 196,455; 2019 AED 200,000; 2020 AED 180,000; 2021 AED 180,000; 2022 AED 200,000; 2023 AED 225,000; 2025 AED 287,500; 2026 AED 300,000New contract, March 2015: AED 150,000 a yearNew contract, June 2017: AED 100,000 a yearRenewal, March 2019: AED 190,000 a yearRenewal, March 2020: AED 190,000 a yearRenewal, March 2021: AED 195,000 a yearRenewal, March 2022: AED 210,000 a yearRenewal, March 2023: AED 250,000 a yearRenewal, March 2024: AED 250,000 a yearRenewal, March 2025: AED 287,500 a yearRenewal, March 2025: AED 287,500 a yearRenewal, March 2026: AED 300,000 a year

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

3-beds in Golden Mile 07, and where 7208 sits

All 14 3-beds →

7208 last sold in October 2013 at AED 841 per sqft, 6% above what three-beds in Golden Mile 07 were fetching at the time (AED 793). 7208's AED 300,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Apr 20257,750,000
21 May 20247,850,000
21 Dec 20234,000,000
5 Jun 20234,300,000
0 3-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
72061-bedAED 1.37M · May 2009
72072-bedAED 1.23M · May 2011
1–7 of 11

7208, Golden Mile 07 in numbers

  • Sold twice: first on 21 May 2009 for AED 2,500,000, last on 1 October 2013 for AED 2,800,000 (AED 841 per sqft).
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2017 and recovered to AED 300,000 by March 2026.
  • At AED 300,000 a year the gross yield on the 2013 price is 10.7%, before a service charge of about AED 51,500 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 7208, Golden Mile 07

What did unit 7208 last sell for?

AED 2,800,000 on 1 October 2013: AED 841 per sqft for 3,327 sqft. The unit has 2 registered sales; the first was AED 2,500,000 in May 2009.

What is the rent for unit 7208?

AED 300,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 287,500; the unit has been rented since March 2015.

How big is unit 7208?

3,327 sqft (309.1 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 7208 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 7208, Golden Mile 07

Starts from the last sale price (AED 2.8M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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