1-bed · 1,304 sqftGolden Mile 04, Palm Jumeirah · 2nd floor · completed 2009

4201, Golden Mile 04

Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4201 · DLD and Ejari recordsUpdated 8 November 2024
Last soldAED 2.07M17 October 2023
Current rentAED 110K /yr8 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4201, Golden Mile 04

What is 4201 worth today?

Last sold for AED 2,070,000 in 2023

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8 Nov 2024RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
8 Nov 2023RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
17 Oct 2023SoldReady
AED 2,070,000AED 1,587 per sqft
8 Nov 2022RentedRenewal
AED 91,000/yr12 months · AED 70 per sqft
8 Nov 2021RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
22 Oct 2020RentedNew contract
AED 65,000/yr13 months · AED 50 per sqft
10 Oct 2019RentedRenewal
AED 90,000/yr12 months · AED 69 per sqft
10 Oct 2018RentedRenewal
AED 105,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 8 November 2024.

Key facts

Type
1-bed apartment
Size
1,304 sqft
Floor
2nd of 7
Parking
Building 4-B3-39
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 2.07M · October 2023

About 4201, Golden Mile 04

4201 is a one-bedroom apartment of 1,304 sqft on the 2nd floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 17 October 2023 for AED 2,070,000, or AED 1,587 per sqft, 27% above the AED 1,250 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 8 November 2024, is AED 110,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 4201 over time

Sales
Unit 4201, each saleTypical one-bed in Golden Mile 04
1M1.5M2M2009201320172021Typical sale price by year: 2009 AED 1,165,000; 2010 AED 1,080,000; 2011 AED 1,206,840; 2012 AED 1,175,000; 2017 AED 1,550,000; 2019 AED 1,215,000; 2022 AED 1,550,000; 2023 AED 2,010,000Sold by developer, May 2009: AED 1,040,000 (AED 797 per sqft)Sold, August 2011: AED 1,206,840 (AED 925 per sqft)Sold, May 2014: AED 1,518,000 (AED 1,164 per sqft)Sold, July 2016: AED 1,550,000 (AED 1,188 per sqft)Sold, October 2023: AED 2,070,000 (AED 1,587 per sqft)

4201 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4201, each contractTypical one-bed in Golden Mile 04
100K150K2014201820222026Typical rent by year: 2014 AED 122,500; 2015 AED 115,690; 2016 AED 116,000; 2017 AED 109,000; 2018 AED 95,000; 2019 AED 90,000; 2020 AED 75,000; 2021 AED 80,000; 2022 AED 87,500; 2023 AED 121,500; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 140,000New contract, September 2014: AED 120,000 a yearNew contract, October 2015: AED 115,000 a yearNew contract, October 2016: AED 120,750 a yearRenewal, October 2017: AED 120,750 a yearRenewal, October 2018: AED 105,000 a yearRenewal, October 2019: AED 90,000 a yearNew contract, October 2020: AED 65,000 a yearNew contract, November 2021: AED 80,000 a yearRenewal, November 2022: AED 91,000 a yearNew contract, November 2023: AED 100,000 a yearRenewal, November 2024: AED 110,000 a year

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

1-beds in Golden Mile 04, and where 4201 sits

All 18 1-beds →

4201 last sold in October 2023 at AED 1,587 per sqft, 27% above what one-beds in Golden Mile 04 were fetching at the time (AED 1,250). 4201's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jun 20241,900,000
31 Jan 20242,300,000
30 Nov 20232,090,000
26 Sep 20231,950,000
0 1-bed sales 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 2nd floor

All 84 units in Golden Mile 04
Value
42022-bedAED 3.2M · Jan 2025
42032-bedAED 2.15M · Apr 2023
42041-bedAED 2.09M · Nov 2023
42052-bedAED 2.2M · May 2023
42061-bedAED 1.07M · Mar 2021
42072-bedAED 2.5M · Sep 2023
42083-bedAED 6.9M · Jun 2026
1–7 of 11

4201, Golden Mile 04 in numbers

  • Sold 5 times: first on 21 May 2009 for AED 1,040,000, last on 17 October 2023 for AED 2,070,000 (AED 1,587 per sqft).
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2020 and recovered to AED 110,000 by November 2024.
  • At AED 110,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 20,200 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 8 November 2024.

Questions about 4201, Golden Mile 04

What did unit 4201 last sell for?

AED 2,070,000 on 17 October 2023: AED 1,587 per sqft for 1,304 sqft. The unit has 5 registered sales; the first was AED 1,040,000 in May 2009.

What is the rent for unit 4201?

AED 110,000 a year on the contract renewed on 8 November 2024. The previous contract, from November 2023, was AED 100,000; the unit has been rented since September 2014.

How big is unit 4201?

1,304 sqft (121.1 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 4201 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 4201, Golden Mile 04

Starts from the last sale price (AED 2.07M, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,070,000
Deposit, UAE resident (20%)
AED 414,000
Deposit, non-resident (40%)
AED 828,000
Monthly over 25 years at 3.7%
AED 8,469

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