2-bed · 1,888 sqftGolden Mile 07, Palm Jumeirah · 3rd floor · completed 2009

7307, Golden Mile 07

Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7307 · DLD and Ejari recordsUpdated 13 February 2025
Last soldAED 2.95M13 February 2025
Current rentAED 97K /yr13 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7307, Golden Mile 07

What is 7307 worth today?

Last sold for AED 2,950,000 in 2025

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13 Feb 2025SoldReady
AED 2,950,000AED 1,562 per sqft
13 Mar 2023SoldReady
AED 2,300,000AED 1,218 per sqft
13 Sep 2022RentedRenewal
AED 97,162/yr6 months · AED 52 per sqft
13 Sep 2021RentedRenewal
AED 97,750/yr12 months · AED 52 per sqft
13 Sep 2020RentedRenewal
AED 85,000/yr12 months · AED 45 per sqft
13 Sep 2019RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
13 Sep 2018RentedNew contract
AED 105,000/yr12 months · AED 56 per sqft
15 Jul 2017RentedRenewal
AED 150,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 13 February 2025.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
3rd of 7
Parking
Building 7-B3-12
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.95M · February 2025

About 7307, Golden Mile 07

7307 is a two-bedroom apartment of 1,888 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 13 February 2025 for AED 2,950,000, or AED 1,562 per sqft, in line with the AED 1,562 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 13 September 2022, is AED 97,162 a year: a gross yield of 3.3% on the 2025 price, before the service charge of about AED 29,200 a year.

Sales and rents for 7307 over time

Sales
Unit 7307, 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 1,700,000 (AED 900 per sqft)Sold, March 2023: AED 2,300,000 (AED 1,218 per sqft)Sold, February 2025: AED 2,950,000 (AED 1,562 per sqft)

7307 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7307, 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, July 2016: AED 145,000 a yearRenewal, July 2017: AED 150,000 a yearNew contract, September 2018: AED 105,000 a yearRenewal, September 2019: AED 100,000 a yearRenewal, September 2020: AED 85,000 a yearRenewal, September 2021: AED 97,750 a yearRenewal, September 2022: AED 97,162 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 7307 sits

All 42 2-beds →

7307 last sold in February 2025 at AED 1,562 per sqft, in line with what two-beds in Golden Mile 07 were fetching at the time (AED 1,562). 7307's AED 97,162 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20254,990,000
19 Jan 20253,950,000
23 Aug 20243,350,000
21 Aug 20243,800,000
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
73032-bedAED 2.1M · Mar 2023
73041-bedAED 1M · Apr 2021
73052-bedAED 1.42M · Jul 2010
73061-bedAED 1.42M · May 2009
73083-bedAED 4.5M · Nov 2014
1–7 of 11

7307, Golden Mile 07 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,700,000, last on 13 February 2025 for AED 2,950,000 (AED 1,562 per sqft).
  • Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 85,000 in 2020 and recovered to AED 97,162 by September 2022.
  • At AED 97,162 a year the gross yield on the 2025 price is 3.3%, before a service charge of about AED 29,200 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 13 February 2025.

Questions about 7307, Golden Mile 07

What did unit 7307 last sell for?

AED 2,950,000 on 13 February 2025: AED 1,562 per sqft for 1,888 sqft. The unit has 3 registered sales; the first was AED 1,700,000 in May 2009.

What is the rent for unit 7307?

AED 97,162 a year on the contract renewed on 13 September 2022. The previous contract, from September 2021, was AED 97,750; the unit has been rented since July 2016.

How big is unit 7307?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 7307 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 7307, Golden Mile 07

Starts from the last sale price (AED 2.95M, 13 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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