6705, Golden Mile 06
Sold prices and rental history: sold 3 times, last in April 2019, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 6705, Golden Mile 06
What is 6705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 April 2019.
Key facts
- Type
- Penthouse apartment
- Size
- 3,946 sqft
- Floor
- 7th of 7
- Parking
- Building 6-B3-71,72
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 61,100 /yr
- Last sold
- AED 3.58M · April 2019
- Building
- Golden Mile 06
About 6705, Golden Mile 06
6705 is a penthouse of 3,946 sqft on the 7th floor of Golden Mile 06, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 28 April 2019 for AED 3,575,000, or AED 906 per sqft.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 April 2017, is AED 230,000 a year: a gross yield of 6.4% on the 2019 price, before the service charge of about AED 61,100 a year.
Sales and rents for 6705 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 06, and where 6705 sits
All 7 22-beds →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Sep 202320 September 2023 | 4,677 sqft | 4,999,000 | 1,068 | ||
| 17 May 202217 May 2022 | 4,369 sqft | 4,250,000 | 972 | ||
| 25 May 201625 May 2016 | 4,369 sqft | 2,100,000 | 480 | ||
| 25 Mar 201525 March 2015 | 5,111 sqft | 3,100,000 | 606 |
Golden Mile 06
Building84 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 180K /yr
- Typical yield
Other units on the 7th floor
All 84 units in Golden Mile 06| ValueToday's value | |||||
|---|---|---|---|---|---|
| 6701 | Penthouse | 4,882 sqft | AED 3.55MAED 3,550,000 · May 2009May 2009 | 385,875 /yr | |
| 6702 | Penthouse | 4,369 sqft | AED 4.25MAED 4,250,000 · May 2022May 2022 | 290,000 /yr | |
| 6703 | Penthouse | 4,677 sqft | AED 5MAED 4,999,000 · Sep 2023September 2023 | 255,000 /yr | |
| 6704 | Penthouse | 10,222 sqft | AED 5.6MAED 5,600,000 · Dec 2009December 2009 | 500,000 /yr | |
| 6706 | Penthouse | 4,442 sqft | AED 4.2MAED 4,200,000 · Feb 2014February 2014 | ||
| 6707 | Penthouse | 5,111 sqft | AED 3.1MAED 3,100,000 · Mar 2015March 2015 | 418,488 /yr |
6705, Golden Mile 06 in numbers
- Sold 3 times: first on 28 May 2009 for AED 4,019,569, last on 28 April 2019 for AED 3,575,000 (AED 906 per sqft).
- Rented since July 2014 on 3 Ejari contracts, from AED 270,000 to AED 230,000 a year.
- At AED 230,000 a year the gross yield on the 2019 price is 6.4%, before a service charge of about AED 61,100 a year (AED 15.49 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 28 April 2019.
Questions about 6705, Golden Mile 06
What did unit 6705 last sell for?
AED 3,575,000 on 28 April 2019: AED 906 per sqft for 3,946 sqft. The unit has 3 registered sales; the first was AED 4,019,569 in May 2009.
What is the rent for unit 6705?
AED 230,000 a year on the contract signed on 1 April 2017. The previous contract, from July 2015, was AED 270,000; the unit has been rented since July 2014.
How big is unit 6705?
3,946 sqft (366.6 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 6705 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 6705, Golden Mile 06
Starts from the last sale price (AED 3.58M, 28 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,575,000
- Deposit, UAE resident (20%)
- AED 715,000
- Deposit, non-resident (40%)
- AED 1,430,000
- Monthly over 25 years at 3.7%
- AED 14,626
Plus AED 155,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →