7401, Golden Mile 07
Sold prices and rental history: sold twice, last in March 2015, 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 7401, Golden Mile 07
What is 7401 worth today?
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Source: Dubai Land Department. Updated 26 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,305 sqft
- Floor
- 4th of 7
- Parking
- Building 7- B3-08
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.78M · March 2015
- Building
- Golden Mile 07
About 7401, Golden Mile 07
7401 is a one-bedroom apartment of 1,305 sqft on the 4th floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 18 March 2015 for AED 1,780,000, or AED 1,364 per sqft.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 26 July 2026, is AED 125,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 20,200 a year.
Sales and rents for 7401 over time
7401 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Golden Mile 07, and where 7401 sits
All 18 1-beds →7401's AED 125,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 May 202427 May 2024 | 1,305 sqft | 2,400,000 | 1,839 | ||
| 11 Dec 202311 December 2023 | 1,307 sqft | 2,170,000 | 1,660 | ||
| 31 May 202331 May 2023 | 1,342 sqft | 1,625,000 | 1,211 | ||
| 29 Aug 202229 August 2022 | 1,307 sqft | 1,530,000 | 1,170 |
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 4th floor
All 79 units in Golden Mile 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7402 | 2-bed | 1,799 sqft | AED 1.8MAED 1,800,000 · May 2009May 2009 | 125,000 /yr | |
| 7403 | 2-bed | 1,800 sqft | AED 1.84MAED 1,835,000 · Feb 2022February 2022 | 96,057 /yr | |
| 7404 | 1-bed | 1,307 sqft | AED 1.1MAED 1,100,000 · Dec 2011December 2011 | 145,000 /yr | |
| 7405 | 2-bed | 1,807 sqft | AED 912KAED 911,500 · Mar 2017March 2017 | 220,000 /yr | |
| 7406 | 1-bed | 1,290 sqft | AED 1.6MAED 1,600,000 · Jan 2022January 2022 | 74,429 /yr | |
| 7407 | 2-bed | 1,888 sqft | AED 1.85MAED 1,850,000 · Jul 2018July 2018 | 170,000 /yr | |
| 7408 | 3-bed | 3,328 sqft | AED 2.38MAED 2,380,000 · Nov 2020November 2020 | 120,000 /yr | |
| 7409 | 2-bed | 1,788 sqft | AED 3.35MAED 3,350,000 · Aug 2024August 2024 | 280,000 /yr | |
| 7410 | 2-bed | 1,794 sqft | AED 1.9MAED 1,900,000 · Jun 2021June 2021 | 190,000 /yr | |
| 7411 | 2-bed | 1,794 sqft | AED 2.15MAED 2,150,000 · Jan 2022January 2022 | 105,000 /yr | |
| 7412 | 3-bed | 2,414 sqft | AED 3.75MAED 3,750,000 · May 2023May 2023 | 250,000 /yr |
7401, Golden Mile 07 in numbers
- Sold twice: first on 18 April 2012 for AED 720,000, last on 18 March 2015 for AED 1,780,000 (AED 1,364 per sqft).
- Rented since September 2017 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2023 and recovered to AED 125,000 by July 2026.
- At AED 125,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 26 July 2026.
Questions about 7401, Golden Mile 07
What did unit 7401 last sell for?
AED 1,780,000 on 18 March 2015: AED 1,364 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 720,000 in April 2012.
What is the rent for unit 7401?
AED 125,000 a year on the contract renewed on 26 July 2026. The previous contract, from July 2025, was AED 150,000; the unit has been rented since September 2017.
How big is unit 7401?
1,305 sqft (121.2 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 7401 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 7401, Golden Mile 07
Starts from the last sale price (AED 1.78M, 18 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,000
- Deposit, UAE resident (20%)
- AED 356,000
- Deposit, non-resident (40%)
- AED 712,000
- Monthly over 25 years at 3.7%
- AED 7,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →