2-bed · 1,788 sqftGolden Mile 07, Palm Jumeirah · 5th floor · completed 2009

7509, Golden Mile 07

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7509 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 2.61M23 January 2023
Current rentAED 220K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7509, Golden Mile 07

What is 7509 worth today?

Last sold for AED 2,605,000 in 2023

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16 Jun 2026RentedNew contract
AED 220,000/yr12 months · AED 123 per sqft
13 May 2025RentedRenewal
AED 255,000/yr12 months · AED 143 per sqft
13 May 2025RentedRenewal
AED 255,000/yr12 months · AED 143 per sqft
13 May 2024RentedNew contract
AED 255,000/yr12 months · AED 143 per sqft
22 Nov 2023RentedNew contract
AED 280,000/yr12 months · AED 157 per sqft
23 Jan 2023SoldReady
AED 2,605,000AED 1,457 per sqft
10 May 2017SoldReady
AED 2,450,000AED 1,370 per sqft
24 Feb 2013SoldOff-plan
AED 1,750,000AED 978 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
5th of 7
Parking
Building 7-B3-27
Developer
Souq Residences
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 2.61M · January 2023

About 7509, Golden Mile 07

7509 is a two-bedroom apartment of 1,788 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 23 January 2023 for AED 2,605,000, or AED 1,457 per sqft, 43% above the AED 1,020 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 16 June 2026, is AED 220,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 27,700 a year.

Sales and rents for 7509 over time

Sales
Unit 7509, each saleTypical two-bed in Golden Mile 07
2M4M2009201420192024Typical sale price by year: 2009 AED 1,900,000; 2011 AED 1,352,500; 2012 AED 1,537,500; 2013 AED 1,825,000; 2016 AED 1,900,000; 2017 AED 1,175,000; 2020 AED 1,287,500; 2022 AED 1,375,500; 2023 AED 2,525,000; 2024 AED 3,275,000; 2025 AED 3,950,000Sold by developer, May 2009: AED 2,250,000 (AED 1,258 per sqft)Sold, February 2013: AED 1,750,000 (AED 978 per sqft)Sold, May 2017: AED 2,450,000 (AED 1,370 per sqft)Sold, January 2023: AED 2,605,000 (AED 1,457 per sqft)

7509 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7509, each contractTypical two-bed in Golden Mile 07
100K200K300K2016201920222025Typical rent by year: 2016 AED 155,000; 2017 AED 147,500; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 104,500; 2022 AED 114,950; 2023 AED 131,553; 2024 AED 177,500; 2025 AED 210,000; 2026 AED 182,500New contract, November 2023: AED 280,000 a yearNew contract, May 2024: AED 255,000 a yearRenewal, May 2025: AED 255,000 a yearRenewal, May 2025: AED 255,000 a yearNew contract, June 2026: AED 220,000 a year

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 7509 sits

All 42 2-beds →

7509 last sold in January 2023 at AED 1,457 per sqft, 43% above what two-beds in Golden Mile 07 were fetching at the time (AED 1,020). 7509's AED 220,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Sep 20254,990,000
13 Feb 20252,950,000
19 Jan 20253,950,000
23 Aug 20243,350,000
0 2-bed sales in the last 12 months

Golden Mile 07

Building

79 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%
Golden Mile 07, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 79 units in Golden Mile 07
Value
75011-bedAED 2.4M · May 2024
75022-bedAED 1.8M · Jun 2009
75032-bedAED 1.8M · Jun 2009
75041-bedAED 2.17M · Dec 2023
75052-bedAED 2.6M · Mar 2014
75061-bedAED 910K · Feb 2012
75072-bedAED 2M · May 2010
1–7 of 11

7509, Golden Mile 07 in numbers

  • Sold 4 times: first on 24 May 2009 for AED 2,250,000, last on 23 January 2023 for AED 2,605,000 (AED 1,457 per sqft).
  • Rented since November 2023 on 5 Ejari contracts, from AED 280,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 27,700 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 16 June 2026.

Questions about 7509, Golden Mile 07

What did unit 7509 last sell for?

AED 2,605,000 on 23 January 2023: AED 1,457 per sqft for 1,788 sqft. The unit has 4 registered sales; the first was AED 2,250,000 in May 2009.

What is the rent for unit 7509?

AED 220,000 a year on the contract signed on 16 June 2026. The previous contract, from May 2025, was AED 255,000; the unit has been rented since November 2023.

How big is unit 7509?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 7509 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 7509, Golden Mile 07

Starts from the last sale price (AED 2.61M, 23 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,605,000
Deposit, UAE resident (20%)
AED 521,000
Deposit, non-resident (40%)
AED 1,042,000
Monthly over 25 years at 3.7%
AED 10,658

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →