7409, Golden Mile 07
Sold prices and rental history: sold 3 times, last in August 2024, 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 7409, Golden Mile 07
What is 7409 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,788 sqft
- Floor
- 4th of 7
- Parking
- Building 7 B3-28
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,700 /yr
- Last sold
- AED 3.35M · August 2024
- Building
- Golden Mile 07
About 7409, Golden Mile 07
7409 is a two-bedroom apartment of 1,788 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 23 August 2024 for AED 3,350,000, or AED 1,873 per sqft, 6% above the AED 1,772 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 21 October 2026, is AED 280,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 27,700 a year.
Sales and rents for 7409 over time
7409 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 7409 sits
All 42 2-beds →7409 last sold in August 2024 at AED 1,873 per sqft, 6% above what two-beds in Golden Mile 07 were fetching at the time (AED 1,772). 7409's AED 280,000 is at the top 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 | ||
| 21 Aug 202421 August 2024 | 2,595 sqft | 3,800,000 | 1,464 |
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 | |
| 7408 | 3-bed | 3,328 sqft | AED 2.38MAED 2,380,000 · Nov 2020November 2020 | 120,000 /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 |
7409, Golden Mile 07 in numbers
- Sold 3 times: first on 21 May 2009 for AED 2,200,000, last on 23 August 2024 for AED 3,350,000 (AED 1,873 per sqft).
- Rented since September 2016 on 10 Ejari contracts. The rent fell from AED 155,000 to AED 105,000 in 2021 and recovered to AED 280,000 by October 2026.
- At AED 280,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 27,700 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 21 October 2026.
Questions about 7409, Golden Mile 07
What did unit 7409 last sell for?
AED 3,350,000 on 23 August 2024: AED 1,873 per sqft for 1,788 sqft. The unit has 3 registered sales; the first was AED 2,200,000 in May 2009.
What is the rent for unit 7409?
AED 280,000 a year on the contract signed on 21 October 2026. The previous contract, from April 2024, was AED 139,887; the unit has been rented since September 2016.
How big is unit 7409?
1,788 sqft (166.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 7409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 7409? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 7409, Golden Mile 07
Starts from the last sale price (AED 3.35M, 23 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,350,000
- Deposit, UAE resident (20%)
- AED 670,000
- Deposit, non-resident (40%)
- AED 1,340,000
- Monthly over 25 years at 3.7%
- AED 13,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →