Penthouse · 4,362 sqftGolden Mile 07, Palm Jumeirah · 7th floor · completed 2009

7702, Golden Mile 07

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 7702 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 3.3M28 May 2009
Current rentAED 500K /yr20 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 7702, Golden Mile 07

What is 7702 worth today?

Last sold for AED 3,300,000 in 2009

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20 Jun 2025RentedNew contract
AED 500,000/yr12 months · AED 115 per sqft
16 Feb 2021RentedRenewal
AED 220,000/yr12 months · AED 50 per sqft
16 Feb 2020RentedNew contract
AED 220,000/yr12 months · AED 50 per sqft
22 Mar 2019RentedRenewal
AED 230,000/yr12 months · AED 53 per sqft
28 May 2009Sold by developerOff-plan
AED 3,300,000AED 756 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.

Key facts

Type
Penthouse apartment
Size
4,362 sqft
Floor
7th of 7
Parking
Building 7- B3-41, 42
Developer
Souq Residences
Completed
2009
Service charge
AED 67,600 /yr
Last sold
AED 3.3M · May 2009

About 7702, Golden Mile 07

7702 is a penthouse of 4,362 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 3,300,000, or AED 756 per sqft, in line with the AED 756 penthouses in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 June 2025, is AED 500,000 a year: a gross yield of 15.2% on the 2009 price, before the service charge of about AED 67,600 a year.

Sales and rents for 7702 over time

Rents
Unit 7702, each contractTypical penthouse in Golden Mile 07
200K400K201720202023Typical rent by year: 2017 AED 235,000; 2019 AED 230,000; 2020 AED 220,000; 2023 AED 370,000Renewal, March 2019: AED 230,000 a yearNew contract, February 2020: AED 220,000 a yearRenewal, February 2021: AED 220,000 a yearNew contract, June 2025: AED 500,000 a year

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 7702 sits

All 4 22-beds →

7702 last sold in May 2009 at AED 756 per sqft, in line with what penthouses in Golden Mile 07 were fetching at the time (AED 756).

Recent penthouse salesUnit no.Price (AED)Summary
25 Feb 20213,275,000
21 Oct 20104,140,000
28 May 20094,037,500
28 May 20093,300,000
0 penthouse sales in the last 12 months

Golden Mile 07

Building

79 apartments, 1-bed to 4-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 155K /yr
Typical yield
Golden Mile 07, Palm Jumeirah: prices, sales and rents →

Other units on the 7th floor

All 79 units in Golden Mile 07
Value
77013-bedAED 7.75M · Apr 2025
7703PenthouseAED 3.28M · Feb 2021
77044-bedAED 11.03M · Dec 2024
7705PenthouseAED 4.04M · May 2009
7706PenthouseAED 4.14M · Oct 2010
77073-bedAED 7.85M · May 2024

7702, Golden Mile 07 in numbers

  • Sold once: by Souq Residences on 28 May 2009 for AED 3,300,000, or AED 756 per sqft.
  • Rented since March 2019 on 4 Ejari contracts, from AED 230,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2009 price is 15.2%, before a service charge of about AED 67,600 a year (AED 15.49 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 June 2025.

Questions about 7702, Golden Mile 07

What did unit 7702 last sell for?

AED 3,300,000 on 28 May 2009, sold by the developer: AED 756 per sqft for 4,362 sqft. It is the only registered sale of the unit.

What is the rent for unit 7702?

AED 500,000 a year on the contract signed on 20 June 2025. The previous contract, from February 2021, was AED 220,000; the unit has been rented since March 2019.

How big is unit 7702?

4,362 sqft (405.2 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 7702 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 7702, Golden Mile 07

Starts from the last sale price (AED 3.3M, 28 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →