7602, Golden Mile 07
Sold prices and rental history: sold twice, last in May 2023, 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 7602, Golden Mile 07
What is 7602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,799 sqft
- Floor
- 6th of 7
- Parking
- Building 7-B3-58
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2.5M · May 2023
- Building
- Golden Mile 07
About 7602, Golden Mile 07
7602 is a two-bedroom apartment of 1,799 sqft on the 6th floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 3 May 2023 for AED 2,500,000, or AED 1,389 per sqft, 19% above the AED 1,165 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 110,250 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 27,900 a year.
Sales and rents for 7602 over time
7602 has sold twice; the dashed line is the two-bed median of each year in the building.
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 7602 sits
All 42 2-beds →7602 last sold in May 2023 at AED 1,389 per sqft, 19% above what two-beds in Golden Mile 07 were fetching at the time (AED 1,165). 7602's AED 110,250 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Sep 20253 September 2025 | 2,604 sqft | 4,990,000 | 1,916 | ||
| 13 Feb 202513 February 2025 | 1,888 sqft | 2,950,000 | 1,562 | ||
| 19 Jan 202519 January 2025 | 2,604 sqft | 3,950,000 | 1,516 | ||
| 23 Aug 202423 August 2024 | 1,788 sqft | 3,350,000 | 1,873 |
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 | |||||
|---|---|---|---|---|---|
| 7601 | 1-bed | 1,305 sqft | AED 1.64MAED 1,640,000 · May 2009May 2009 | 140,000 /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 |
7602, Golden Mile 07 in numbers
- Sold twice: first on 21 May 2009 for AED 1,900,000, last on 3 May 2023 for AED 2,500,000 (AED 1,389 per sqft).
- Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 155,000 to AED 95,000 in 2021 and recovered to AED 110,250 by February 2023.
- At AED 110,250 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 27,900 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 3 May 2023.
Questions about 7602, Golden Mile 07
What did unit 7602 last sell for?
AED 2,500,000 on 3 May 2023: AED 1,389 per sqft for 1,799 sqft. The unit has 2 registered sales; the first was AED 1,900,000 in May 2009.
What is the rent for unit 7602?
AED 110,250 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 105,000; the unit has been rented since January 2017.
How big is unit 7602?
1,799 sqft (167.1 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.
What is unit 7602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 7602? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 7602, Golden Mile 07
Starts from the last sale price (AED 2.5M, 3 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,500,000
- Deposit, UAE resident (20%)
- AED 500,000
- Deposit, non-resident (40%)
- AED 1,000,000
- Monthly over 25 years at 3.7%
- AED 10,228
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →