3-bed · 3,330 sqftGolden Mile 07, Palm Jumeirah · 3rd floor · completed 2009

7308, Golden Mile 07

Sold prices and rental history: sold twice, last in November 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7308 · DLD and Ejari recordsUpdated 19 November 2014
Last soldAED 4.5M19 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7308, Golden Mile 07

What is 7308 worth today?

Last sold for AED 4,500,000 in 2014

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19 Nov 2014SoldOff-plan
AED 4,500,000AED 1,351 per sqft
18 Apr 2010Sold by developerOff-plan
AED 4,000,000AED 1,201 per sqft

Source: Dubai Land Department. Updated 19 November 2014.

Key facts

Type
3-bed apartment
Size
3,330 sqft
Floor
3rd of 7
Parking
Building 7- B3-16, 63
Developer
Souq Residences
Completed
2009
Service charge
AED 51,600 /yr
Last sold
AED 4.5M · November 2014

About 7308, Golden Mile 07

7308 is a three-bedroom apartment of 3,330 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 19 November 2014 for AED 4,500,000, or AED 1,351 per sqft, 7% below the AED 1,449 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 7308 over time

Sales
Unit 7308, each saleTypical three-bed in Golden Mile 07
2M4M2009201320172021Typical 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, April 2010: AED 4,000,000 (AED 1,201 per sqft)Sold, November 2014: AED 4,500,000 (AED 1,351 per sqft)

7308 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 7308, each contractTypical three-bed in Golden Mile 07
200K300K2016201920222025Typical 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 300,000

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 7308 sits

All 14 3-beds →

7308 last sold in November 2014 at AED 1,351 per sqft, 7% below what three-beds in Golden Mile 07 were fetching at the time (AED 1,449).

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 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
73072-bedAED 2.95M · Feb 2025
1–7 of 11

7308, Golden Mile 07 in numbers

  • Sold twice: first on 18 April 2010 for AED 4,000,000, last on 19 November 2014 for AED 4,500,000 (AED 1,351 per sqft).

Source: Dubai Land Department. Updated 19 November 2014.

Questions about 7308, Golden Mile 07

What did unit 7308 last sell for?

AED 4,500,000 on 19 November 2014: AED 1,351 per sqft for 3,330 sqft. The unit has 2 registered sales; the first was AED 4,000,000 in April 2010.

How big is unit 7308?

3,330 sqft (309.4 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 7308 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 7308, Golden Mile 07

Starts from the last sale price (AED 4.5M, 19 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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