7407, Golden Mile 07
Sold prices and rental history: sold twice, last in July 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7407, Golden Mile 07
What is 7407 worth today?
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Source: Dubai Land Department. Updated 22 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,888 sqft
- Floor
- 4th of 7
- Parking
- Building 7- B3-100
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.85M · July 2018
- Building
- Golden Mile 07
About 7407, Golden Mile 07
7407 is a two-bedroom apartment of 1,888 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 15 July 2018 for AED 1,850,000, or AED 979 per sqft, in line with the AED 979 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 22 January 2026, is AED 170,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 29,200 a year.
Sales and rents for 7407 over time
7407 has sold twice; 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 7407 sits
All 42 2-beds →7407 last sold in July 2018 at AED 979 per sqft, in line with what two-beds in Golden Mile 07 were fetching at the time (AED 979). 7407's AED 170,000 is in the lower 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 | |
| 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 | |
| 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 |
7407, Golden Mile 07 in numbers
- Sold twice: first on 21 May 2009 for AED 1,750,000, last on 15 July 2018 for AED 1,850,000 (AED 979 per sqft).
- Rented since May 2018 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 100,000 in 2021 and recovered to AED 170,000 by January 2026.
- At AED 170,000 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 29,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 22 January 2026.
Questions about 7407, Golden Mile 07
What did unit 7407 last sell for?
AED 1,850,000 on 15 July 2018: AED 979 per sqft for 1,888 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in May 2009.
What is the rent for unit 7407?
AED 170,000 a year on the contract renewed on 22 January 2026. The previous contract, from January 2026, was AED 170,000; the unit has been rented since May 2018.
How big is unit 7407?
1,888 sqft (175.4 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 7407 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 7407, Golden Mile 07
Starts from the last sale price (AED 1.85M, 15 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →