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2-bed · 1,800 sqftGolden Mile 07, Palm Jumeirah · 6th floor · completed 2009

7603, Golden Mile 07

Sold prices and rental history: sold twice, last in November 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7603 · DLD and Ejari recordsUpdated 4 November 2025
Last soldAED 1.38M16 November 2020
Current rentAED 290K /yr4 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 7603, Golden Mile 07

What is 7603 worth today?

Last sold for AED 1,375,000 in 2020

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4 Nov 2025RentedNew contract
AED 290,000/yr12 months · AED 161 per sqft
16 Nov 2020SoldReady
AED 1,375,000AED 763 per sqft
21 Dec 2018RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft
21 Dec 2017RentedNew contract
AED 130,000/yr12 months · AED 72 per sqft
21 May 2009Sold by developerOff-plan
AED 1,900,000AED 1,055 per sqft

Source: Dubai Land Department. Updated 4 November 2025.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
6th of 7
Parking
Building 7- B3-56
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 1.38M · November 2020
Building
Golden Mile 07

About 7603, Golden Mile 07

7603 is a two-bedroom apartment of 1,800 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 16 November 2020 for AED 1,375,000, or AED 763 per sqft, 12% above the AED 680 two-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 4 November 2025, is AED 290,000 a year: a gross yield of 21.1% on the 2020 price, before the service charge of about AED 27,900 a year.

Sales and rents for 7603 over time

Sales
Unit 7603, 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 1,900,000 (AED 1,055 per sqft)Sold, November 2020: AED 1,375,000 (AED 763 per sqft)

7603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 7603, 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, December 2017: AED 130,000 a yearRenewal, December 2018: AED 120,000 a yearNew contract, November 2025: AED 290,000 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 7603 sits

All 42 2-beds →

7603 last sold in November 2020 at AED 763 per sqft, 12% above what two-beds in Golden Mile 07 were fetching at the time (AED 680). 7603's AED 290,000 is at the top 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 6th floor

All 79 units in Golden Mile 07
Value
76011-bedAED 1.64M · May 2009
76022-bedAED 2.5M · May 2023
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

7603, Golden Mile 07 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,900,000, last on 16 November 2020 for AED 1,375,000 (AED 763 per sqft).
  • Rented since December 2017 on 3 Ejari contracts, from AED 130,000 to AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2020 price is 21.1%, before a service charge of about AED 27,900 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 4 November 2025.

Questions about 7603, Golden Mile 07

What did unit 7603 last sell for?

AED 1,375,000 on 16 November 2020: AED 763 per sqft for 1,800 sqft. The unit has 2 registered sales; the first was AED 1,900,000 in May 2009.

What is the rent for unit 7603?

AED 290,000 a year on the contract signed on 4 November 2025. The previous contract, from December 2018, was AED 120,000; the unit has been rented since December 2017.

How big is unit 7603?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 7603 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 7603, Golden Mile 07

Starts from the last sale price (AED 1.38M, 16 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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