7212, Golden Mile 07
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7212, Golden Mile 07
What is 7212 worth today?
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Source: Dubai Land Department. Updated 21 December 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,414 sqft
- Floor
- 2nd of 7
- Parking
- Building 7-B3-43
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 37,400 /yr
- Last sold
- AED 4M · December 2023
- Building
- Golden Mile 07
About 7212, Golden Mile 07
7212 is a three-bedroom apartment of 2,414 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 21 December 2023 for AED 4,000,000, or AED 1,656 per sqft, 18% above the AED 1,399 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 2 December 2023, is AED 167,109 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 37,400 a year.
Sales and rents for 7212 over time
7212 has sold twice; the dashed line is the three-bed median of each year in the building.
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 7212 sits
All 14 3-beds →7212 last sold in December 2023 at AED 1,656 per sqft, 18% above what three-beds in Golden Mile 07 were fetching at the time (AED 1,399). 7212's AED 167,109 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202515 April 2025 | 4,881 sqft | 7,750,000 | 1,587 | ||
| 21 May 202421 May 2024 | 5,063 sqft | 7,850,000 | 1,550 | ||
| 5 Jun 20235 June 2023 | 3,328 sqft | 4,300,000 | 1,292 | ||
| 16 May 202316 May 2023 | 2,414 sqft | 3,600,000 | 1,491 |
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 | |
| 7209 | 2-bed | 1,788 sqft | AED 2.6MAED 2,600,000 · May 2023May 2023 | 215,000 /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, Golden Mile 07 in numbers
- Sold twice: first on 21 May 2009 for AED 2,550,000, last on 21 December 2023 for AED 4,000,000 (AED 1,656 per sqft).
- Rented since November 2016 on 8 Ejari contracts. The rent fell from AED 190,000 to AED 130,000 in 2020 and recovered to AED 167,109 by December 2023.
- At AED 167,109 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 37,400 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 21 December 2023.
Questions about 7212, Golden Mile 07
What did unit 7212 last sell for?
AED 4,000,000 on 21 December 2023: AED 1,656 per sqft for 2,414 sqft. The unit has 2 registered sales; the first was AED 2,550,000 in May 2009.
What is the rent for unit 7212?
AED 167,109 a year on the contract renewed on 2 December 2023. The previous contract, from December 2022, was AED 150,000; the unit has been rented since November 2016.
How big is unit 7212?
2,414 sqft (224.3 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.
What is unit 7212 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 7212, Golden Mile 07
Starts from the last sale price (AED 4M, 21 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →