8705, Golden Mile 08
Sold prices and rental history: sold twice, last in January 2014, 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 8705, Golden Mile 08
What is 8705 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2014.
Key facts
- Type
- Penthouse apartment
- Size
- 3,932 sqft
- Floor
- 7th of 7
- Parking
- Building 8- B3-107, 108
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 60,900 /yr
- Last sold
- AED 4.2M · January 2014
- Building
- Golden Mile 08
About 8705, Golden Mile 08
8705 is a penthouse of 3,932 sqft on the 7th floor of Golden Mile 08, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 22 January 2014 for AED 4,200,000, or AED 1,068 per sqft.
No rental contract for the unit is registered on Ejari.
Penthouses in Golden Mile 08, and where 8705 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 | ||
| 8 Oct 20128 October 2012 | 5,105 sqft | 3,000,000 | 587 | ||
| 12 May 201112 May 2011 | 4,677 sqft | 3,700,000 | 791 | ||
| 23 Aug 200923 August 2009 | 4,881 sqft | 3,500,000 | 717 |
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 | |||||
|---|---|---|---|---|---|
| 8701 | Penthouse | 2,441 sqft | AED 3.5MAED 3,500,000 · Aug 2009August 2009 | ||
| 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 | |
| 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 |
8705, Golden Mile 08 in numbers
- Sold twice: first on 2 May 2012 for AED 2,900,000, last on 22 January 2014 for AED 4,200,000 (AED 1,068 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2014.
Questions about 8705, Golden Mile 08
What did unit 8705 last sell for?
AED 4,200,000 on 22 January 2014: AED 1,068 per sqft for 3,932 sqft. The unit has 2 registered sales; the first was AED 2,900,000 in May 2012.
How big is unit 8705?
3,932 sqft (365.3 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 8705 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 8705, Golden Mile 08
Starts from the last sale price (AED 4.2M, 22 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,200,000
- Deposit, UAE resident (20%)
- AED 840,000
- Deposit, non-resident (40%)
- AED 1,680,000
- Monthly over 25 years at 3.7%
- AED 17,184
Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →