7506, Golden Mile 07
Sold prices and rental history: sold twice, last in February 2012, 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 7506, Golden Mile 07
What is 7506 worth today?
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Source: Dubai Land Department. Updated 15 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,290 sqft
- Floor
- 5th of 7
- Parking
- Building 7- B3-97
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 910K · February 2012
- Building
- Golden Mile 07
About 7506, Golden Mile 07
7506 is a one-bedroom apartment of 1,290 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 27 February 2012 for AED 910,000, or AED 705 per sqft, 12% below the AED 799 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 August 2025, is AED 150,000 a year: a gross yield of 16.5% on the 2012 price, before the service charge of about AED 20,000 a year.
Sales and rents for 7506 over time
7506 has sold twice; 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 7506 sits
All 18 1-beds →7506 last sold in February 2012 at AED 705 per sqft, 12% below what one-beds in Golden Mile 07 were fetching at the time (AED 799). 7506's AED 150,000 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 | ||
| 11 Dec 202311 December 2023 | 1,307 sqft | 2,170,000 | 1,660 | ||
| 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 |
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 | |
| 7504 | 1-bed | 1,307 sqft | AED 2.17MAED 2,170,000 · Dec 2023December 2023 | 140,000 /yr | |
| 7505 | 2-bed | 1,807 sqft | AED 2.6MAED 2,600,000 · Mar 2014March 2014 | ||
| 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 |
7506, Golden Mile 07 in numbers
- Sold twice: first on 19 August 2009 for AED 1,150,000, last on 27 February 2012 for AED 910,000 (AED 705 per sqft).
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 74,000 in 2021 and recovered to AED 150,000 by August 2025.
- At AED 150,000 a year the gross yield on the 2012 price is 16.5%, before a service charge of about AED 20,000 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 15 August 2025.
Questions about 7506, Golden Mile 07
What did unit 7506 last sell for?
AED 910,000 on 27 February 2012: AED 705 per sqft for 1,290 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in August 2009.
What is the rent for unit 7506?
AED 150,000 a year on the contract signed on 15 August 2025. The previous contract, from March 2023, was AED 88,000; the unit has been rented since November 2017.
How big is unit 7506?
1,290 sqft (119.8 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 7506 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 7506, Golden Mile 07
Starts from the last sale price (AED 910K, 27 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 910,000
- Deposit, UAE resident (20%)
- AED 182,000
- Deposit, non-resident (40%)
- AED 364,000
- Monthly over 25 years at 3.7%
- AED 3,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →