What is the rental yield in Golden Mile 7?

Golden Mile 7 returns 5.26% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 213 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Golden Mile 7 cost?

The median registered sale price is AED 3.95M (1,563 AED/sqft), from 3 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in Golden Mile 7 risen or fallen?

Median price per square foot moved +24.4% over the last 12 months against the 12 before it, on 3 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Golden Mile 7 compare with Palm Jumeirah?

Its 5.26% gross yield sits +0.1 pts against the Palm Jumeirah median of 5.19%, computed at the same bedroom grain over the same 24-month window.

Do new tenants in Golden Mile 7 pay more than sitting ones?

A new tenant pays +9.2% against a renewing one, across 224 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Golden Mile 7 — sale prices & yield

Buy: 3.95MAED; AED 1,563/sqft
Long-let: 5.26%; AED 200,000/yr

Priced off the last 5 sales — most recent September 2025.

Yield spread: +0.1 pts; vs the Palm Jumeirah median for this unit type
Turnover upside: +9.2%; new tenants pay more than sitting ones — 224 renewals
AED/yr/sqft: AED 106
Sales: 3
Rental contracts: 213
Renewal rent: AED 183,132/yr

12 months: +24.4%
3 years: +46.9%+13.7%/yr

Based on 3 sales and 213 rental contracts in the last 24 months. Rental data covers the whole Golden Mile project, not this tower alone. Thin sample — treat these figures as indicative.

Golden Mile 7 is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Golden Mile development. The closest metro station is Palm Jumeirah, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 136 registered sales in all — the 3 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Golden Mile 7, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
2 bed	AED 3.95M	1563	5.26% +0.1 pts	+24.4%	3
3 bed	AED 7.75M	1588	7.21% +2.1 pts	—	1
4+ bed	AED 14.26M	1437	4.02% -1.2 pts	+58.7%	2

Deltas compare each yield with the Palm Jumeirah median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

2 bed: Priced off the last 5 sales — most recent September 2025.
3 bed: Priced off the last 5 sales — most recent April 2025.

Off-plan vs resale

Units sold off-plan in Golden Mile 7 between 2004 and 2016 went for a median of AED 979/sqft (AED 1.82M). The same building resells today at AED 1,575/sqft (AED 6.37M) — an uplift of +250.0%.

Based on 119 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Palm Jumeirah
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Golden Mile, on the same figures over the same window.

Highest rental yields in Palm Jumeirah · Golden Mile 7 places 46th of 51

Golden Mile 10 · 4.68%
Golden Mile 9 · 4.87%
Golden Mile 6 · 5.25%
Golden Mile 1 · 4.63%
Golden Mile 8 · 6.61%
Golden Mile 5 · 4.63%
Golden Mile 3 · 5.15%
Golden Mile 2 · 6.78%

Common questions

What is the rental yield in Golden Mile 7?: Golden Mile 7 returns 5.26% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 213 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Golden Mile 7 cost?: The median registered sale price is AED 3.95M (1,563 AED/sqft), from 3 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Golden Mile 7 risen or fallen?: Median price per square foot moved +24.4% over the last 12 months against the 12 before it, on 3 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Golden Mile 7 compare with Palm Jumeirah?: Its 5.26% gross yield sits +0.1 pts against the Palm Jumeirah median of 5.19%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in Golden Mile 7 pay more than sitting ones?: A new tenant pays +9.2% against a renewing one, across 224 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

Golden Mile 7