7404, Golden Mile 07
Sold prices and rental history: sold twice, last in December 2011, 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 7404, Golden Mile 07
What is 7404 worth today?
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Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,307 sqft
- Floor
- 4th of 7
- Parking
- Building 7- B3-03
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.1M · December 2011
- Building
- Golden Mile 07
About 7404, Golden Mile 07
7404 is a one-bedroom apartment of 1,307 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 27 December 2011 for AED 1,100,000, or AED 841 per sqft, in line with the AED 841 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 6 October 2025, is AED 145,000 a year: a gross yield of 13.2% on the 2011 price, before the service charge of about AED 20,200 a year.
Sales and rents for 7404 over time
7404 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 7404 sits
All 18 1-beds →7404 last sold in December 2011 at AED 841 per sqft, in line with what one-beds in Golden Mile 07 were fetching at the time (AED 841). 7404's AED 145,000 is at the top 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 | |||||
|---|---|---|---|---|---|
| 7401 | 1-bed | 1,305 sqft | AED 1.78MAED 1,780,000 · Mar 2015March 2015 | 125,000 /yr | |
| 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 | |
| 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 |
7404, Golden Mile 07 in numbers
- Sold twice: first on 21 May 2009 for AED 1,490,000, last on 27 December 2011 for AED 1,100,000 (AED 841 per sqft).
- Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2021 and recovered to AED 145,000 by October 2025.
- At AED 145,000 a year the gross yield on the 2011 price is 13.2%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 6 October 2025.
Questions about 7404, Golden Mile 07
What did unit 7404 last sell for?
AED 1,100,000 on 27 December 2011: AED 841 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 1,490,000 in May 2009.
What is the rent for unit 7404?
AED 145,000 a year on the contract signed on 6 October 2025. The previous contract, from July 2024, was AED 130,000; the unit has been rented since November 2016.
How big is unit 7404?
1,307 sqft (121.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 7404 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 7404, Golden Mile 07
Starts from the last sale price (AED 1.1M, 27 December 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →