2-bed · 1,802 sqftGolden Mile 07, Palm Jumeirah · 3rd floor · completed 2009

7303, Golden Mile 07

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7303 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 2.1M2 March 2023
Current rentAED 113K /yr19 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7303, Golden Mile 07

What is 7303 worth today?

Last sold for AED 2,100,000 in 2023

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19 May 2023RentedNew contract
AED 112,708/yr11 months · AED 63 per sqft
2 Mar 2023SoldReady
AED 2,100,000AED 1,165 per sqft
19 May 2022RentedRenewal
AED 107,250/yr12 months · AED 60 per sqft
19 May 2021RentedRenewal
AED 97,500/yr12 months · AED 54 per sqft
19 May 2020RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
19 May 2019RentedNew contract
AED 110,000/yr12 months · AED 61 per sqft
24 May 2009Sold by developerOff-plan
AED 1,750,000AED 971 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
2-bed apartment
Size
1,802 sqft
Floor
3rd of 7
Parking
Building 7-B3-79
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2.1M · March 2023

About 7303, Golden Mile 07

7303 is a two-bedroom apartment of 1,802 sqft on the 3rd floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 2 March 2023 for AED 2,100,000, or AED 1,165 per sqft, in line with the AED 1,165 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 19 May 2023, is AED 112,708 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 27,900 a year.

Sales and rents for 7303 over time

Sales
Unit 7303, 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 1,750,000 (AED 971 per sqft)Sold, March 2023: AED 2,100,000 (AED 1,165 per sqft)

7303 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7303, each contractTypical two-bed in Golden Mile 07
100K200K2016201920222025Typical 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, May 2019: AED 110,000 a yearRenewal, May 2020: AED 105,000 a yearRenewal, May 2021: AED 97,500 a yearRenewal, May 2022: AED 107,250 a yearNew contract, May 2023: AED 112,708 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 7303 sits

All 42 2-beds →

7303 last sold in March 2023 at AED 1,165 per sqft, in line with what two-beds in Golden Mile 07 were fetching at the time (AED 1,165). 7303's AED 112,708 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20254,990,000
13 Feb 20252,950,000
19 Jan 20253,950,000
23 Aug 20243,350,000
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 3rd floor

All 79 units in Golden Mile 07
Value
73011-bedAED 1.03M · Jul 2012
73022-bedAED 1.18M · Jan 2017
73041-bedAED 1M · Apr 2021
73052-bedAED 1.42M · Jul 2010
73061-bedAED 1.42M · May 2009
73072-bedAED 2.95M · Feb 2025
73083-bedAED 4.5M · Nov 2014
1–7 of 11

7303, Golden Mile 07 in numbers

  • Sold twice: first on 24 May 2009 for AED 1,750,000, last on 2 March 2023 for AED 2,100,000 (AED 1,165 per sqft).
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 97,500 in 2021 and recovered to AED 112,708 by May 2023.
  • At AED 112,708 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 27,900 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 19 May 2023.

Questions about 7303, Golden Mile 07

What did unit 7303 last sell for?

AED 2,100,000 on 2 March 2023: AED 1,165 per sqft for 1,802 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in May 2009.

What is the rent for unit 7303?

AED 112,708 a year on the contract signed on 19 May 2023. The previous contract, from May 2022, was AED 107,250; the unit has been rented since May 2019.

How big is unit 7303?

1,802 sqft (167.4 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 7303 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 7303, Golden Mile 07

Starts from the last sale price (AED 2.1M, 2 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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