7703, Golden Mile 07
Sold prices and rental history: sold twice, last in February 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7703, Golden Mile 07
What is 7703 worth today?
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Source: Dubai Land Department. Updated 25 February 2021.
Key facts
- Type
- Penthouse apartment
- Size
- 4,688 sqft
- Floor
- 7th of 7
- Parking
- Building 7- B3-47, 48
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 72,600 /yr
- Last sold
- AED 3.28M · February 2021
- Building
- Golden Mile 07
About 7703, Golden Mile 07
7703 is a penthouse of 4,688 sqft on the 7th floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 25 February 2021 for AED 3,275,000, or AED 698 per sqft.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 5 March 2019, is AED 220,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 72,600 a year.
Sales and rents for 7703 over time
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Golden Mile 07, and where 7703 sits
All 4 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 201021 October 2010 | 4,439 sqft | 4,140,000 | 932 | ||
| 28 May 200928 May 2009 | 3,938 sqft | 4,037,500 | 1,025 | ||
| 28 May 200928 May 2009 | 4,362 sqft | 3,300,000 | 756 | ||
| 10 Oct 200610 October 2006 | 4,439 sqft | 4,132,500 | 930 |
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 7th floor
All 79 units in Golden Mile 07| ValueToday's value | |||||
|---|---|---|---|---|---|
| 7701 | 3-bed | 4,881 sqft | AED 7.75MAED 7,750,000 · Apr 2025April 2025 | 316,250 /yr | |
| 7702 | Penthouse | 4,362 sqft | AED 3.3MAED 3,300,000 · May 2009May 2009 | 475,000 /yr | |
| 7704 | 4-bed | 9,927 sqft | AED 17.5MAED 17,500,000 · Apr 2026April 2026 | 350,000 /yr | |
| 7705 | Penthouse | 3,938 sqft | AED 4.04MAED 4,037,500 · May 2009May 2009 | 395,000 /yr | |
| 7706 | Penthouse | 4,439 sqft | AED 4.14MAED 4,140,000 · Oct 2010October 2010 | 395,000 /yr | |
| 7707 | 3-bed | 5,063 sqft | AED 7.85MAED 7,850,000 · May 2024May 2024 | 500,000 /yr |
7703, Golden Mile 07 in numbers
- Sold twice: first on 28 May 2009 for AED 3,300,000, last on 25 February 2021 for AED 3,275,000 (AED 698 per sqft).
- Rented since July 2017 on 3 Ejari contracts, from AED 235,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 72,600 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 25 February 2021.
Questions about 7703, Golden Mile 07
What did unit 7703 last sell for?
AED 3,275,000 on 25 February 2021: AED 698 per sqft for 4,688 sqft. The unit has 2 registered sales; the first was AED 3,300,000 in May 2009.
What is the rent for unit 7703?
AED 220,000 a year on the contract signed on 5 March 2019. The previous contract, from February 2018, was AED 230,000; the unit has been rented since July 2017.
How big is unit 7703?
4,688 sqft (435.5 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 7703 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 7703, Golden Mile 07
Starts from the last sale price (AED 3.28M, 25 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,275,000
- Deposit, UAE resident (20%)
- AED 655,000
- Deposit, non-resident (40%)
- AED 1,310,000
- Monthly over 25 years at 3.7%
- AED 13,399
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →