
7601, Golden Mile 07
Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7601, Golden Mile 07
What is 7601 worth today?
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Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,305 sqft
- Floor
- 6th of 7
- Parking
- Building 7- B3-96
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,200 /yr
- Last sold
- AED 1.64M · May 2009
- Building
- Golden Mile 07
About 7601, Golden Mile 07
7601 is a one-bedroom apartment of 1,305 sqft on the 6th floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 1,640,000, or AED 1,257 per sqft, 16% above the AED 1,083 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 15 March 2025, is AED 140,000 a year: a gross yield of 8.5% on the 2009 price, before the service charge of about AED 20,200 a year.
Sales and rents for 7601 over time
7601 has sold once; 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 7601 sits
All 18 1-beds →7601 last sold in May 2009 at AED 1,257 per sqft, 16% above what one-beds in Golden Mile 07 were fetching at the time (AED 1,083). 7601'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 | ||
| 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 6th floor
All 79 units in Golden Mile 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7602 | 2-bed | 1,799 sqft | AED 2.5MAED 2,500,000 · May 2023May 2023 | 110,250 /yr | |
| 7603 | 2-bed | 1,800 sqft | AED 1.38MAED 1,375,000 · Nov 2020November 2020 | 290,000 /yr | |
| 7604 | 1-bed | 1,307 sqft | AED 1.54MAED 1,540,000 · May 2009May 2009 | 120,000 /yr | |
| 7605 | 2-bed | 1,802 sqft | AED 685KAED 685,000 · Jan 2020January 2020 | 125,000 /yr | |
| 7606 | 1-bed | 1,294 sqft | AED 1.2MAED 1,200,000 · Jun 2019June 2019 | 114,230 /yr | |
| 7607 | 2-bed | 1,889 sqft | AED 1.35MAED 1,350,000 · Sep 2019September 2019 | 155,000 /yr | |
| 7608 | 3-bed | 3,328 sqft | AED 4.3MAED 4,300,000 · Jun 2023June 2023 | 200,000 /yr | |
| 7609 | 2-bed | 1,788 sqft | AED 2.33MAED 2,325,000 · Jan 2016January 2016 | 175,000 /yr | |
| 7610 | 2-bed | 897 sqft | AED 2.4MAED 2,400,000 · Dec 2015December 2015 | 240,000 /yr | |
| 7611 | 2-bed | 1,794 sqft | AED 1.9MAED 1,900,000 · May 2013May 2013 | 200,000 /yr | |
| 7612 | 3-bed | 2,414 sqft | AED 2.2MAED 2,200,000 · May 2011May 2011 |
7601, Golden Mile 07 in numbers
- Sold once: by Souq Residences on 21 May 2009 for AED 1,640,000, or AED 1,257 per sqft.
- Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 81,000 in 2021 and recovered to AED 140,000 by March 2025.
- At AED 140,000 a year the gross yield on the 2009 price is 8.5%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 15 March 2025.
Questions about 7601, Golden Mile 07
What did unit 7601 last sell for?
AED 1,640,000 on 21 May 2009, sold by the developer: AED 1,257 per sqft for 1,305 sqft. It is the only registered sale of the unit.
What is the rent for unit 7601?
AED 140,000 a year on the contract signed on 15 March 2025. The previous contract, from March 2025, was AED 140,000; the unit has been rented since February 2018.
How big is unit 7601?
1,305 sqft (121.2 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 7601 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 7601, Golden Mile 07
Starts from the last sale price (AED 1.64M, 21 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,640,000
- Deposit, UAE resident (20%)
- AED 328,000
- Deposit, non-resident (40%)
- AED 656,000
- Monthly over 25 years at 3.7%
- AED 6,710
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →