| Competition: | Úrvalsdeild |
| Season: | 2007 |
| Dates: | 12 May – 29 September 2007 |
| Winners: | Valur |
| Relegated: | Vikingur |
| Continentalcup1: | Champions League |
| Continentalcup1 Qualifiers: | Valur |
| Continentalcup2: | UEFA Cup |
| Continentalcup3: | Intertoto Cup |
| Continentalcup3 Qualifiers: | Fylkir |
| League Topscorer: | Jónas Grani Garðarsson (13) |
| Matches: | 90 |
| Total Goals: | 269 |
| Prevseason: | 2006 |
| Nextseason: | 2008 |
The 2007 season of Úrvalsdeild karla was the 96th season of top tier football in Iceland. Title contenders were considered to be KR, FH, ÍA and Valur. HK were playing for the first time in Landsbankadeild. The league was expanded from 10 teams to 12 teams after the 2007 season, therefore only one team was relegated and 3 were promoted from the 1. deild karla. The first match day of the season was on 12 May. Valur won the league for the first time in 20 years and Vikingur were relegated to 1. deild karla.
Fram's Jónas Grani Garðarsson was the top scorer with 13 goals.
Each team played every opponent once home and away for a total of 18 matches.
| Rank | Player | Club | Goals |
|---|---|---|---|
| 1 |  Jónas Grani Garðarsson | Fram | 13 |
| 2 | Helgi Sigurðsson | Valur | 12 |
| 3 | Tryggvi Guðmundsson | FH | 8 |
 Siniša Valdimar Kekić | Vikingur | ||
| Magnús Páll Gunnarsson | Breiðablik | ||
| 6 | Bjarni Guðjónsson | ÍA | 7 |
| Vjekoslav Svadumović | ÍA | ||
| Hjálmar Þórarinsson | Fram | ||
| 9 | Prince Rajcomar | Breiðablik | 6 |
| Matthías Vilhjálmsson | FH | ||
| Arnar Gunnlaugsson | FH | ||
| Símun Samuelsen | Keflavík | ||
| Matthías Guðmundsson | FH |