7209, Golden Mile 07
Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7209, Golden Mile 07
What is 7209 worth today?
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Source: Dubai Land Department. Updated 10 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,788 sqft
- Floor
- 2nd of 7
- Parking
- Building 7-B3-83
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,700 /yr
- Last sold
- AED 2.6M · May 2023
- Building
- Golden Mile 07
About 7209, Golden Mile 07
7209 is a two-bedroom apartment of 1,788 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 24 May 2023 for AED 2,600,000, or AED 1,454 per sqft, 22% above the AED 1,192 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 10 February 2025, is AED 215,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 27,700 a year.
Sales and rents for 7209 over time
7209 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 7209 sits
All 42 2-beds →7209 last sold in May 2023 at AED 1,454 per sqft, 22% above what two-beds in Golden Mile 07 were fetching at the time (AED 1,192). 7209's AED 215,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20253 September 2025 | 2,604 sqft | 4,990,000 | 1,916 | ||
| 13 Feb 202513 February 2025 | 1,888 sqft | 2,950,000 | 1,562 | ||
| 19 Jan 202519 January 2025 | 2,604 sqft | 3,950,000 | 1,516 | ||
| 23 Aug 202423 August 2024 | 1,788 sqft | 3,350,000 | 1,873 |
Golden Mile 07
Building79 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%
Other units on the 2nd floor
All 79 units in Golden Mile 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7201 | 1-bed | 1,305 sqft | AED 1.5MAED 1,500,000 · Oct 2013October 2013 | 95,000 /yr | |
| 7202 | 2-bed | 1,799 sqft | AED 2.35MAED 2,350,000 · Jan 2017January 2017 | 150,000 /yr | |
| 7203 | 2-bed | 901 sqft | AED 1.65MAED 1,650,000 · May 2009May 2009 | 167,295 /yr | |
| 7204 | 1-bed | 1,307 sqft | AED 1.53MAED 1,530,000 · Aug 2022August 2022 | 93,636 /yr | |
| 7205 | 2-bed | 1,807 sqft | AED 1.6MAED 1,600,000 · May 2009May 2009 | 175,000 /yr | |
| 7206 | 1-bed | 1,290 sqft | AED 1.37MAED 1,370,000 · May 2009May 2009 | 140,000 /yr | |
| 7207 | 2-bed | 1,888 sqft | AED 1.23MAED 1,230,000 · May 2011May 2011 | 129,996 /yr | |
| 7208 | 3-bed | 3,327 sqft | AED 2.8MAED 2,800,000 · Oct 2013October 2013 | 300,000 /yr | |
| 7210 | 2-bed | 1,794 sqft | AED 1.9MAED 1,900,000 · Jul 2013July 2013 | 175,000 /yr | |
| 7211 | 2-bed | 1,794 sqft | AED 2.1MAED 2,100,000 · May 2016May 2016 | 119,957 /yr | |
| 7212 | 3-bed | 2,414 sqft | AED 4MAED 4,000,000 · Dec 2023December 2023 | 167,109 /yr |
7209, Golden Mile 07 in numbers
- Sold 3 times: first on 21 May 2009 for AED 2,050,000, last on 24 May 2023 for AED 2,600,000 (AED 1,454 per sqft).
- Rented since August 2017 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 113,000 in 2020 and recovered to AED 215,000 by February 2025.
- At AED 215,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 27,700 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 10 February 2025.
Questions about 7209, Golden Mile 07
What did unit 7209 last sell for?
AED 2,600,000 on 24 May 2023: AED 1,454 per sqft for 1,788 sqft. The unit has 3 registered sales; the first was AED 2,050,000 in May 2009.
What is the rent for unit 7209?
AED 215,000 a year on the contract signed on 10 February 2025. The previous contract, from February 2025, was AED 215,000; the unit has been rented since August 2017.
How big is unit 7209?
1,788 sqft (166.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 7209 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 7209, Golden Mile 07
Starts from the last sale price (AED 2.6M, 24 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →