2-bed · 1,794 sqftGolden Mile 07, Palm Jumeirah · 5th floor · completed 2009

7510, Golden Mile 07

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7510 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 1.2M3 November 2020
Current rentAED 180K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7510, Golden Mile 07

What is 7510 worth today?

Last sold for AED 1,200,000 in 2020

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1 Jan 2025RentedRenewal
AED 180,000/yr12 months · AED 100 per sqft
1 Jan 2024RentedRenewal
AED 165,000/yr12 months · AED 92 per sqft
1 Jan 2023RentedRenewal
AED 135,000/yr12 months · AED 75 per sqft
1 Jan 2022RentedRenewal
AED 110,000/yr12 months · AED 61 per sqft
1 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
3 Nov 2020SoldReady
AED 1,200,000AED 668 per sqft
1 Jan 2020RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
31 Jan 2018RentedNew contract
AED 155,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
5th of 7
Parking
Building 7- B3-13
Developer
Souq Residences
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 1.2M · November 2020

About 7510, Golden Mile 07

7510 is a two-bedroom apartment of 1,794 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 3 November 2020 for AED 1,200,000, or AED 668 per sqft, in line with the AED 668 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 180,000 a year: a gross yield of 15.0% on the 2020 price, before the service charge of about AED 27,800 a year.

Sales and rents for 7510 over time

Sales
Unit 7510, 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 1,253 per sqft)Sold, November 2020: AED 1,200,000 (AED 668 per sqft)

7510 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7510, each contractTypical two-bed in Golden Mile 07
100K150K200K2016201920222025Typical 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, January 2018: AED 155,000 a yearNew contract, January 2020: AED 115,000 a yearNew contract, January 2021: AED 100,000 a yearRenewal, January 2022: AED 110,000 a yearRenewal, January 2023: AED 135,000 a yearRenewal, January 2024: AED 165,000 a yearRenewal, January 2025: AED 180,000 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 7510 sits

All 42 2-beds →

7510 last sold in November 2020 at AED 668 per sqft, in line with what two-beds in Golden Mile 07 were fetching at the time (AED 668). 7510's AED 180,000 is in the lower 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

7510, Golden Mile 07 in numbers

  • Sold twice: first on 21 May 2009 for AED 2,250,000, last on 3 November 2020 for AED 1,200,000 (AED 668 per sqft).
  • Rented since January 2018 on 7 Ejari contracts. The rent fell from AED 155,000 to AED 100,000 in 2021 and recovered to AED 180,000 by January 2025.
  • At AED 180,000 a year the gross yield on the 2020 price is 15.0%, before a service charge of about AED 27,800 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 1 January 2025.

Questions about 7510, Golden Mile 07

What did unit 7510 last sell for?

AED 1,200,000 on 3 November 2020: AED 668 per sqft for 1,794 sqft. The unit has 2 registered sales; the first was AED 2,250,000 in May 2009.

What is the rent for unit 7510?

AED 180,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 165,000; the unit has been rented since January 2018.

How big is unit 7510?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 7510 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 7510, Golden Mile 07

Starts from the last sale price (AED 1.2M, 3 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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