8701, Golden Mile 08
Sold prices and rental history: sold once, by the developer in August 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 8701, Golden Mile 08
What is 8701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2009.
Key facts
- Type
- Penthouse apartment
- Size
- 2,441 sqft
- Floor
- 7th of 7
- Parking
- Building 8- B3-39, 38
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 37,800 /yr
- Last sold
- AED 3.5M · August 2009
- Building
- Golden Mile 08
About 8701, Golden Mile 08
8701 is a penthouse of 2,441 sqft on the 7th floor of Golden Mile 08, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 23 August 2009 for AED 3,500,000, or AED 717 per sqft.
No rental contract for the unit is registered on Ejari.
Penthouses in Golden Mile 08, and where 8701 sits
All 5 22-beds →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Apr 20214 April 2021 | 5,105 sqft | 3,400,000 | 665 | ||
| 22 Jan 201422 January 2014 | 3,932 sqft | 4,200,000 | 1,068 | ||
| 8 Oct 20128 October 2012 | 5,105 sqft | 3,000,000 | 587 | ||
| 2 May 20122 May 2012 | 3,932 sqft | 2,900,000 | 737 |
Golden Mile 08
Building81 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,185
- Typical sale
- AED 4.01M
- Typical rent
- AED 215K /yr
- Typical yield
- 5.1%
Other units on the 7th floor
All 81 units in Golden Mile 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 8702 | 3-bed | 4,355 sqft | AED 5.7MAED 5,700,000 · May 2014May 2014 | 500,000 /yr | |
| 8703 | Penthouse | 4,677 sqft | AED 3.7MAED 3,700,000 · May 2011May 2011 | 200,000 /yr | |
| 8704 | Penthouse | 10,247 sqft | AED 7.8MAED 7,800,000 · May 2009May 2009 | 420,000 /yr | |
| 8705 | Penthouse | 3,932 sqft | AED 4.2MAED 4,200,000 · Jan 2014January 2014 | ||
| 8706 | 3-bed | 4,443 sqft | AED 3.9MAED 3,900,000 · Oct 2018October 2018 | 240,000 /yr | |
| 8707 | Penthouse | 5,105 sqft | AED 3.4MAED 3,400,000 · Apr 2021April 2021 | 215,000 /yr |
8701, Golden Mile 08 in numbers
- Sold once: by Souq Residences on 23 August 2009 for AED 3,500,000, or AED 717 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2009.
Questions about 8701, Golden Mile 08
What did unit 8701 last sell for?
AED 3,500,000 on 23 August 2009, sold by the developer: AED 717 per sqft for 2,441 sqft. It is the only registered sale of the unit.
How big is unit 8701?
2,441 sqft (226.8 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 8701 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 8701, Golden Mile 08
Starts from the last sale price (AED 3.5M, 23 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →