7408, Golden Mile 07
Sold prices and rental history: sold twice, last in November 2020, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7408, Golden Mile 07
What is 7408 worth today?
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Source: Dubai Land Department. Updated 14 April 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,328 sqft
- Floor
- 4th of 7
- Parking
- Building 7- B3-69, 68
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 51,500 /yr
- Last sold
- AED 2.38M · November 2020
- Building
- Golden Mile 07
About 7408, Golden Mile 07
7408 is a three-bedroom apartment of 3,328 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 1 November 2020 for AED 2,380,000, or AED 715 per sqft.
One Ejari contract is registered, from 14 April 2026. The current contract, signed on 14 April 2026, is AED 120,000 a year: a gross yield of 5.0% on the 2020 price, before the service charge of about AED 51,500 a year.
Sales and rents for 7408 over time
7408 has sold twice; the dashed line is the three-bed median of each year in the building.
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 7408 sits
All 14 3-beds →7408's AED 120,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202515 April 2025 | 4,881 sqft | 7,750,000 | 1,587 | ||
| 21 May 202421 May 2024 | 5,063 sqft | 7,850,000 | 1,550 | ||
| 21 Dec 202321 December 2023 | 2,414 sqft | 4,000,000 | 1,656 | ||
| 5 Jun 20235 June 2023 | 3,328 sqft | 4,300,000 | 1,292 |
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 | |
| 7407 | 2-bed | 1,888 sqft | AED 1.85MAED 1,850,000 · Jul 2018July 2018 | 170,000 /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 |
7408, Golden Mile 07 in numbers
- Sold twice: first on 29 May 2011 for AED 2,450,000, last on 1 November 2020 for AED 2,380,000 (AED 715 per sqft).
- Rented since April 2026 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2020 price is 5.0%, before a service charge of about AED 51,500 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 14 April 2026.
Questions about 7408, Golden Mile 07
What did unit 7408 last sell for?
AED 2,380,000 on 1 November 2020: AED 715 per sqft for 3,328 sqft. The unit has 2 registered sales; the first was AED 2,450,000 in May 2011.
What is the rent for unit 7408?
AED 120,000 a year on the contract signed on 14 April 2026.
How big is unit 7408?
3,328 sqft (309.2 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 7408 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 7408, Golden Mile 07
Starts from the last sale price (AED 2.38M, 1 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,380,000
- Deposit, UAE resident (20%)
- AED 476,000
- Deposit, non-resident (40%)
- AED 952,000
- Monthly over 25 years at 3.7%
- AED 9,737
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →