7706, Golden Mile 07
Sold prices and rental history: sold twice, last in October 2010, 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 7706, Golden Mile 07
What is 7706 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- Penthouse apartment
- Size
- 4,439 sqft
- Floor
- 7th of 7
- Parking
- Building 7- B3-71, 72
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 68,800 /yr
- Last sold
- AED 4.14M · October 2010
- Building
- Golden Mile 07
About 7706, Golden Mile 07
7706 is a penthouse of 4,439 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 21 October 2010 for AED 4,140,000, or AED 932 per sqft.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 16 October 2024, is AED 395,000 a year: a gross yield of 9.5% on the 2010 price, before the service charge of about AED 68,800 a year.
Sales and rents for 7706 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 7706 sits
All 4 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Feb 202125 February 2021 | 4,688 sqft | 3,275,000 | 698 | ||
| 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 | ||
| 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 | |
| 7705 | Penthouse | 3,938 sqft | AED 4.04MAED 4,037,500 · May 2009May 2009 | 395,000 /yr | |
| 7707 | 3-bed | 5,063 sqft | AED 7.85MAED 7,850,000 · May 2024May 2024 | 500,000 /yr |
7706, Golden Mile 07 in numbers
- Sold twice: first on 10 October 2006 for AED 4,132,500, last on 21 October 2010 for AED 4,140,000 (AED 932 per sqft).
- Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 240,000 to AED 180,000 in 2021 and recovered to AED 395,000 by October 2024.
- At AED 395,000 a year the gross yield on the 2010 price is 9.5%, before a service charge of about AED 68,800 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 16 October 2024.
Questions about 7706, Golden Mile 07
What did unit 7706 last sell for?
AED 4,140,000 on 21 October 2010: AED 932 per sqft for 4,439 sqft. The unit has 2 registered sales; the first was AED 4,132,500 in October 2006.
What is the rent for unit 7706?
AED 395,000 a year on the contract signed on 16 October 2024. The previous contract, from October 2023, was AED 370,000; the unit has been rented since October 2017.
How big is unit 7706?
4,439 sqft (412.4 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 7706 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 7706, Golden Mile 07
Starts from the last sale price (AED 4.14M, 21 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 4,140,000
- Deposit, UAE resident (20%)
- AED 828,000
- Deposit, non-resident (40%)
- AED 1,656,000
- Monthly over 25 years at 3.7%
- AED 16,938
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →