10703, Golden Mile 10
Sold prices and rental history: sold twice, last in December 2012, 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 10703, Golden Mile 10
What is 10703 worth today?
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Source: Dubai Land Department. Updated 19 September 2022.
Key facts
- Type
- Penthouse apartment
- Size
- 4,688 sqft
- Floor
- 7th of 7
- Parking
- Building 10- B3-93, 94
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 72,600 /yr
- Last sold
- AED 2M · December 2012
- Building
- Golden Mile 10
About 10703, Golden Mile 10
10703 is a penthouse of 4,688 sqft on the 7th floor of Golden Mile 10, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 18 December 2012 for AED 2,000,000, or AED 426 per sqft, 42% below the AED 740 penthouses in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 19 September 2022, is AED 230,001 a year: a gross yield of 11.5% on the 2012 price, before the service charge of about AED 72,600 a year.
Penthouses in Golden Mile 10, and where 10703 sits
All 3 penthouses →10703 last sold in December 2012 at AED 426 per sqft, 42% below what penthouses in Golden Mile 10 were fetching at the time (AED 740).
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Oct 202217 October 2022 | 5,113 sqft | 4,800,000 | 938 | ||
| 17 Feb 201317 February 2013 | 5,113 sqft | 3,200,000 | 625 | ||
| 12 Apr 201212 April 2012 | 3,932 sqft | 3,400,000 | 864 | ||
| 27 Feb 201227 February 2012 | 3,932 sqft | 2,675,000 | 680 |
Golden Mile 10
Building79 apartments, 1-bed to 4-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,071
- Typical sale
- AED 3.95M
- Typical rent
- AED 180K /yr
- Typical yield
- 4.8%
Other units on the 7th floor
All 79 units in Golden Mile 10| ValueToday's value | |||||
|---|---|---|---|---|---|
| 10701 | 3-bed | 4,881 sqft | AED 7.08MAED 7,075,180 · Oct 2024October 2024 | 250,000 /yr | |
| 10702 | 3-bed | 4,363 sqft | AED 8.4MAED 8,400,000 · Sep 2025September 2025 | 305,000 /yr | |
| 10704 | 4-bed | 10,242 sqft | AED 16.65MAED 16,650,000 · Jan 2025January 2025 | 1,850,000 /yr | |
| 10705 | Penthouse | 3,932 sqft | AED 3.4MAED 3,400,000 · Apr 2012April 2012 | ||
| 10706 | 3-bed | 4,443 sqft | AED 3.38MAED 3,375,000 · Jan 2010January 2010 | ||
| 10707 | Penthouse | 5,113 sqft | AED 4.8MAED 4,800,000 · Oct 2022October 2022 |
10703, Golden Mile 10 in numbers
- Sold twice: first on 16 July 2012 for AED 3,750,000, last on 18 December 2012 for AED 2,000,000 (AED 426 per sqft).
- Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 260,000 to AED 200,000 in 2020 and recovered to AED 230,001 by September 2022.
- At AED 230,001 a year the gross yield on the 2012 price is 11.5%, before a service charge of about AED 72,600 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 19 September 2022.
Questions about 10703, Golden Mile 10
What did unit 10703 last sell for?
AED 2,000,000 on 18 December 2012: AED 426 per sqft for 4,688 sqft. The unit has 2 registered sales; the first was AED 3,750,000 in July 2012.
What is the rent for unit 10703?
AED 230,001 a year on the contract renewed on 19 September 2022. The previous contract, from September 2021, was AED 210,000; the unit has been rented since September 2016.
How big is unit 10703?
4,688 sqft (435.5 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 10703 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 10703, Golden Mile 10
Starts from the last sale price (AED 2M, 18 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →