7705, Golden Mile 07
Sold prices and rental history: sold once, by the developer in May 2009, 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 7705, Golden Mile 07
What is 7705 worth today?
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Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 3,938 sqft
- Floor
- 7th of 7
- Parking
- Building 7- B3-103, 104
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 61,000 /yr
- Last sold
- AED 4.04M · May 2009
- Building
- Golden Mile 07
About 7705, Golden Mile 07
7705 is a penthouse of 3,938 sqft on the 7th floor of Golden Mile 07, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 28 May 2009 for AED 4,037,500, or AED 1,025 per sqft, 36% above the AED 756 penthouses in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 395,000 a year: a gross yield of 9.8% on the 2009 price, before the service charge of about AED 61,000 a year.
Sales and rents for 7705 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 7705 sits
All 4 penthouses →7705 last sold in May 2009 at AED 1,025 per sqft, 36% above what penthouses in Golden Mile 07 were fetching at the time (AED 756).
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Feb 202125 February 2021 | 4,688 sqft | 3,275,000 | 698 | ||
| 21 Oct 201021 October 2010 | 4,439 sqft | 4,140,000 | 932 | ||
| 28 May 200928 May 2009 | 4,362 sqft | 3,300,000 | 756 | ||
| 28 May 200928 May 2009 | 4,688 sqft | 3,300,000 | 703 |
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 | |
| 7703 | Penthouse | 4,688 sqft | AED 3.28MAED 3,275,000 · Feb 2021February 2021 | 220,000 /yr | |
| 7704 | 4-bed | 9,927 sqft | AED 17.5MAED 17,500,000 · Apr 2026April 2026 | 350,000 /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 |
7705, Golden Mile 07 in numbers
- Sold once: by Souq Residences on 28 May 2009 for AED 4,037,500, or AED 1,025 per sqft.
- Rented since June 2017 on 9 Ejari contracts. The rent fell from AED 212,308 to AED 185,000 in 2021 and recovered to AED 395,000 by October 2025.
- At AED 395,000 a year the gross yield on the 2009 price is 9.8%, before a service charge of about AED 61,000 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 15 October 2025.
Questions about 7705, Golden Mile 07
What did unit 7705 last sell for?
AED 4,037,500 on 28 May 2009, sold by the developer: AED 1,025 per sqft for 3,938 sqft. It is the only registered sale of the unit.
What is the rent for unit 7705?
AED 395,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 395,000; the unit has been rented since June 2017.
How big is unit 7705?
3,938 sqft (365.9 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 7705 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 7705, Golden Mile 07
Starts from the last sale price (AED 4.04M, 28 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 4,037,500
- Deposit, UAE resident (20%)
- AED 807,500
- Deposit, non-resident (40%)
- AED 1,615,000
- Monthly over 25 years at 3.7%
- AED 16,519
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →