7504, Golden Mile 07
Sold prices and rental history: sold 3 times, last in December 2023, 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 7504, Golden Mile 07
What is 7504 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,307 sqft
- Floor
- 5th of 7
- Parking
- Building 7-B3-02
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 2.17M · December 2023
- Building
- Golden Mile 07
About 7504, Golden Mile 07
7504 is a one-bedroom apartment of 1,307 sqft on the 5th floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 11 December 2023 for AED 2,170,000, or AED 1,660 per sqft.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 140,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 20,200 a year.
Sales and rents for 7504 over time
7504 has sold 3 times; 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 7504 sits
All 18 1-beds →7504's AED 140,000 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 | ||
| 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 | ||
| 13 Jan 202213 January 2022 | 1,290 sqft | 1,600,000 | 1,240 |
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 5th floor
All 79 units in Golden Mile 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7501 | 1-bed | 1,305 sqft | AED 2.4MAED 2,400,000 · May 2024May 2024 | 105,000 /yr | |
| 7502 | 2-bed | 1,799 sqft | AED 1.8MAED 1,800,000 · Jun 2009June 2009 | 132,200 /yr | |
| 7503 | 2-bed | 1,800 sqft | AED 1.8MAED 1,800,000 · Jun 2009June 2009 | 170,000 /yr | |
| 7505 | 2-bed | 1,807 sqft | AED 2.6MAED 2,600,000 · Mar 2014March 2014 | ||
| 7506 | 1-bed | 1,290 sqft | AED 910KAED 910,000 · Feb 2012February 2012 | 150,000 /yr | |
| 7507 | 2-bed | 1,888 sqft | AED 2MAED 2,000,000 · May 2010May 2010 | 104,500 /yr | |
| 7508 | 3-bed | 3,328 sqft | AED 4.35MAED 4,350,000 · Mar 2023March 2023 | 197,260 /yr | |
| 7509 | 2-bed | 1,788 sqft | AED 2.61MAED 2,605,000 · Jan 2023January 2023 | 220,000 /yr | |
| 7510 | 2-bed | 1,794 sqft | AED 1.2MAED 1,200,000 · Nov 2020November 2020 | 180,000 /yr | |
| 7511 | 2-bed | 1,794 sqft | AED 3.2MAED 3,200,000 · May 2024May 2024 | 140,000 /yr | |
| 7512 | 3-bed | 2,414 sqft | AED 3.6MAED 3,600,000 · May 2023May 2023 | 165,000 /yr |
7504, Golden Mile 07 in numbers
- Sold 3 times: first on 13 March 2011 for AED 1,100,000, last on 11 December 2023 for AED 2,170,000 (AED 1,660 per sqft).
- Rented since November 2016 on 11 Ejari contracts. The rent fell from AED 112,500 to AED 72,000 in 2021 and recovered to AED 140,000 by February 2026.
- At AED 140,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 1 February 2026.
Questions about 7504, Golden Mile 07
What did unit 7504 last sell for?
AED 2,170,000 on 11 December 2023: AED 1,660 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 1,100,000 in March 2011.
What is the rent for unit 7504?
AED 140,000 a year on the contract renewed on 1 February 2026. The previous contract, from January 2025, was AED 140,137; the unit has been rented since November 2016.
How big is unit 7504?
1,307 sqft (121.4 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 7504 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 7504, Golden Mile 07
Starts from the last sale price (AED 2.17M, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,170,000
- Deposit, UAE resident (20%)
- AED 434,000
- Deposit, non-resident (40%)
- AED 868,000
- Monthly over 25 years at 3.7%
- AED 8,878
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →