1-bed · 1,305 sqftGolden Mile 07, Palm Jumeirah · 6th floor · completed 2009

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.

Unit 7601 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.64M21 May 2009
Current rentAED 140K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7601, Golden Mile 07

What is 7601 worth today?

Last sold for AED 1,640,000 in 2009

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15 Mar 2025RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
15 Mar 2025RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
28 Oct 2023RentedRenewal
AED 98,000/yr12 months · AED 75 per sqft
28 Oct 2022RentedRenewal
AED 89,100/yr12 months · AED 68 per sqft
28 Oct 2021RentedRenewal
AED 81,000/yr12 months · AED 62 per sqft
28 Oct 2020RentedRenewal
AED 81,000/yr12 months · AED 62 per sqft
28 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
15 Feb 2019RentedRenewal
AED 95,000/yr12 months · AED 73 per sqft

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

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

Sales
Unit 7601, each saleTypical one-bed in Golden Mile 07
1M1.5M2009201320172021Typical sale price by year: 2009 AED 1,390,000; 2011 AED 1,100,000; 2012 AED 827,500; 2013 AED 1,500,000; 2022 AED 1,530,000Sold by developer, May 2009: AED 1,640,000 (AED 1,257 per sqft)

7601 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 7601, each contractTypical one-bed in Golden Mile 07
100K150K2016201920222025Typical rent by year: 2016 AED 120,000; 2017 AED 120,000; 2018 AED 100,000; 2019 AED 90,000; 2020 AED 74,500; 2021 AED 74,000; 2022 AED 85,000; 2023 AED 101,500; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 120,000New contract, February 2018: AED 100,000 a yearRenewal, February 2019: AED 95,000 a yearNew contract, October 2019: AED 90,000 a yearRenewal, October 2020: AED 81,000 a yearRenewal, October 2021: AED 81,000 a yearRenewal, October 2022: AED 89,100 a yearRenewal, October 2023: AED 98,000 a yearNew contract, March 2025: AED 140,000 a yearNew contract, March 2025: AED 140,000 a year

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 salesUnit no.Price (AED)Summary
27 May 20242,400,000
11 Dec 20232,170,000
31 May 20231,625,000
29 Aug 20221,530,000
0 1-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 6th floor

All 79 units in Golden Mile 07
Value
76022-bedAED 2.5M · May 2023
76032-bedAED 1.38M · Nov 2020
76041-bedAED 1.54M · May 2009
76052-bedAED 685K · Jan 2020
76061-bedAED 1.2M · Jun 2019
76072-bedAED 1.35M · Sep 2019
76083-bedAED 4.3M · Jun 2023
1–7 of 11

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 →