7405, Golden Mile 07
Sold prices and rental history: sold 3 times, last in March 2017, 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 7405, Golden Mile 07
What is 7405 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,807 sqft
- Floor
- 4th of 7
- Parking
- Building 7- B3-57
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,000 /yr
- Last sold
- AED 912K · March 2017
- Building
- Golden Mile 07
About 7405, Golden Mile 07
7405 is a two-bedroom apartment of 1,807 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 6 March 2017 for AED 911,500, or AED 504 per sqft, 30% below the AED 720 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 220,000 a year: a gross yield of 24.1% on the 2017 price, before the service charge of about AED 28,000 a year.
Sales and rents for 7405 over time
7405 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 7405 sits
All 42 2-beds →7405 last sold in March 2017 at AED 504 per sqft, 30% below what two-beds in Golden Mile 07 were fetching at the time (AED 720). 7405's AED 220,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20253 September 2025 | 2,604 sqft | 4,990,000 | 1,916 | ||
| 13 Feb 202513 February 2025 | 1,888 sqft | 2,950,000 | 1,562 | ||
| 19 Jan 202519 January 2025 | 2,604 sqft | 3,950,000 | 1,516 | ||
| 23 Aug 202423 August 2024 | 1,788 sqft | 3,350,000 | 1,873 |
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 | |
| 7404 | 1-bed | 1,307 sqft | AED 1.1MAED 1,100,000 · Dec 2011December 2011 | 145,000 /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 |
7405, Golden Mile 07 in numbers
- Sold 3 times: first on 21 May 2009 for AED 1,700,000, last on 6 March 2017 for AED 911,500 (AED 504 per sqft).
- Rented since June 2017 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2021 and recovered to AED 220,000 by August 2026.
- At AED 220,000 a year the gross yield on the 2017 price is 24.1%, before a service charge of about AED 28,000 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 1 August 2026.
Questions about 7405, Golden Mile 07
What did unit 7405 last sell for?
AED 911,500 on 6 March 2017: AED 504 per sqft for 1,807 sqft. The unit has 3 registered sales; the first was AED 1,700,000 in May 2009.
What is the rent for unit 7405?
AED 220,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 220,000; the unit has been rented since June 2017.
How big is unit 7405?
1,807 sqft (167.9 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 7405 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 7405, Golden Mile 07
Starts from the last sale price (AED 912K, 6 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 911,500
- Deposit, UAE resident (20%)
- AED 182,300
- Deposit, non-resident (40%)
- AED 364,600
- Monthly over 25 years at 3.7%
- AED 3,729
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →