2-bed · 2,604 sqftGolden Mile 04, Palm Jumeirah · 1st floor · completed 2009

4110, Golden Mile 04

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4110 · DLD and Ejari recordsUpdated 17 May 2021
Last soldAED 1.7M17 May 2021
Current rentAED 123K /yr8 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4110, Golden Mile 04

What is 4110 worth today?

Last sold for AED 1,700,000 in 2021

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17 May 2021SoldReady
AED 1,700,000AED 652 per sqft
8 Jun 2020RentedRenewal
AED 123,000/yr12 months · AED 47 per sqft
8 Jun 2019RentedNew contract
AED 135,000/yr12 months · AED 52 per sqft
8 Jun 2018RentedNew contract
AED 140,000/yr12 months · AED 54 per sqft
18 Sep 2017RentedRenewal
AED 155,000/yr12 months · AED 60 per sqft
18 Sep 2016RentedNew contract
AED 160,000/yr12 months · AED 61 per sqft
18 Apr 2012Sold by developerOff-plan
AED 820,000AED 314 per sqft

Source: Dubai Land Department. Updated 17 May 2021.

Key facts

Type
2-bed apartment
Size
2,604 sqft
Floor
1st of 7
Parking
Building 4-B3-63
Developer
Souq Residences
Completed
2009
Service charge
AED 40,300 /yr
Last sold
AED 1.7M · May 2021

About 4110, Golden Mile 04

4110 is a two-bedroom apartment of 2,604 sqft on the 1st floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 17 May 2021 for AED 1,700,000, or AED 652 per sqft, 11% below the AED 732 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 8 June 2020, is AED 123,000 a year: a gross yield of 7.2% on the 2021 price, before the service charge of about AED 40,300 a year.

Sales and rents for 4110 over time

Sales
Unit 4110, each saleTypical two-bed in Golden Mile 04
1M2M3M20092013201720212025Typical sale price by year: 2009 AED 1,550,000; 2010 AED 1,608,300; 2011 AED 1,662,500; 2012 AED 1,101,250; 2013 AED 2,140,000; 2016 AED 1,250,000; 2017 AED 2,150,000; 2018 AED 2,010,000; 2019 AED 1,362,500; 2021 AED 1,451,250; 2022 AED 1,950,000; 2023 AED 2,400,000; 2024 AED 2,800,000Sold by developer, April 2012: AED 820,000 (AED 314 per sqft)Sold, May 2021: AED 1,700,000 (AED 652 per sqft)

4110 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4110, each contractTypical two-bed in Golden Mile 04
100K150K200K2014201820222026Typical rent by year: 2014 AED 143,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 111,972; 2023 AED 140,200; 2024 AED 172,234; 2025 AED 185,000; 2026 AED 170,000New contract, September 2016: AED 160,000 a yearRenewal, September 2017: AED 155,000 a yearNew contract, June 2018: AED 140,000 a yearNew contract, June 2019: AED 135,000 a yearRenewal, June 2020: AED 123,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golden Mile 04, and where 4110 sits

All 42 2-beds →

4110 last sold in May 2021 at AED 652 per sqft, 11% below what two-beds in Golden Mile 04 were fetching at the time (AED 732). Over the last 12 months two-beds sold for AED 3,220,000, around AED 1,789 per sqft, and rent for AED 75,000 to 275,000 a year. 4110's AED 123,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Aug 20263,220,000
20 Jan 20253,200,000
6 Jan 20253,710,000
10 Dec 20243,350,000
1 2-bed sale in the last 12 months

Golden Mile 04

Building

84 apartments, 1-bed to 5-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 1,931
Typical sale
AED 5.06M
Typical rent
AED 178K /yr
Typical yield
5.0%
Golden Mile 04, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 84 units in Golden Mile 04
Value
41011-bedAED 1.63M · Feb 2023
41022-bedAED 1.55M · Nov 2009
41032-bedAED 3.15M · Oct 2024
41041-bedAED 2.3M · Jan 2024
41052-bedAED 3M · Dec 2024
41061-bedAED 1.58M · Dec 2022
41072-bedAED 1.3M · Oct 2019
1–7 of 11

4110, Golden Mile 04 in numbers

  • Sold twice: first on 18 April 2012 for AED 820,000, last on 17 May 2021 for AED 1,700,000 (AED 652 per sqft).
  • Rented since September 2016 on 5 Ejari contracts, from AED 160,000 to AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2021 price is 7.2%, before a service charge of about AED 40,300 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 04 sold for AED 3,220,000–3,220,000 in the 12 months to November 2026; the building's median across all types is AED 1,931 per sqft.

Source: Dubai Land Department. Updated 17 May 2021.

Questions about 4110, Golden Mile 04

What did unit 4110 last sell for?

AED 1,700,000 on 17 May 2021: AED 652 per sqft for 2,604 sqft. The unit has 2 registered sales; the first was AED 820,000 in April 2012.

What is the rent for unit 4110?

AED 123,000 a year on the contract renewed on 8 June 2020. The previous contract, from June 2019, was AED 135,000; the unit has been rented since September 2016.

How big is unit 4110?

2,604 sqft (241.9 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 4110 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golden Mile 04 sold for AED 3,220,000 to 3,220,000 in the last 12 months, around AED 1,789 per sqft.

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Mortgage on 4110, Golden Mile 04

Starts from the last sale price (AED 1.7M, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →