7707, Golden Mile 07
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 7707, Golden Mile 07
What is 7707 worth today?
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Source: Dubai Land Department. Updated 21 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 5,063 sqft
- Floor
- 7th of 7
- Parking
- Building 7- B3-101, Building 7-B3-102
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 78,400 /yr
- Last sold
- AED 7.85M · May 2024
- Building
- Golden Mile 07
About 7707, Golden Mile 07
7707 is a three-bedroom apartment of 5,063 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 May 2024 for AED 7,850,000, or AED 1,550 per sqft, in line with the AED 1,550 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 21 March 2023, is AED 500,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 78,400 a year.
Sales and rents for 7707 over time
7707 has sold 4 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 07, and where 7707 sits
All 14 3-beds →7707 last sold in May 2024 at AED 1,550 per sqft, in line with what three-beds in Golden Mile 07 were fetching at the time (AED 1,550). 7707's AED 500,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Apr 202515 April 2025 | 4,881 sqft | 7,750,000 | 1,587 | ||
| 21 Dec 202321 December 2023 | 2,414 sqft | 4,000,000 | 1,656 | ||
| 5 Jun 20235 June 2023 | 3,328 sqft | 4,300,000 | 1,292 | ||
| 16 May 202316 May 2023 | 2,414 sqft | 3,600,000 | 1,491 |
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 | |
| 7706 | Penthouse | 4,439 sqft | AED 4.14MAED 4,140,000 · Oct 2010October 2010 | 395,000 /yr |
7707, Golden Mile 07 in numbers
- Sold 4 times: first on 5 August 2009 for AED 3,240,000, last on 21 May 2024 for AED 7,850,000 (AED 1,550 per sqft).
- Rented since July 2016 on 8 Ejari contracts. The rent fell from AED 276,414 to AED 215,000 in 2019 and recovered to AED 500,000 by March 2023.
- At AED 500,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 78,400 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 21 May 2024.
Questions about 7707, Golden Mile 07
What did unit 7707 last sell for?
AED 7,850,000 on 21 May 2024: AED 1,550 per sqft for 5,063 sqft. The unit has 4 registered sales; the first was AED 3,240,000 in August 2009.
What is the rent for unit 7707?
AED 500,000 a year on the contract signed on 21 March 2023. The previous contract, from December 2022, was AED 475,000; the unit has been rented since July 2016.
How big is unit 7707?
5,063 sqft (470.4 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.
What is unit 7707 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 7707, Golden Mile 07
Starts from the last sale price (AED 7.85M, 21 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 7,850,000
- Deposit, UAE resident (20%)
- AED 1,570,000
- Deposit, non-resident (40%)
- AED 3,140,000
- Monthly over 25 years at 3.7%
- AED 32,117
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →