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1-bed · 1,288 sqftGolden Mile 04, Palm Jumeirah · 2nd floor · completed 2009

4206, Golden Mile 04

Sold prices and rental history: sold 6 times, last in March 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4206 · DLD and Ejari recordsUpdated 2 July 2023
Last soldAED 1.07M10 March 2021
Current rentAED 120K /yr2 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4206, Golden Mile 04

What is 4206 worth today?

Last sold for AED 1,065,000 in 2021

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2 Jul 2023RentedRenewal
AED 120,000/yr12 months · AED 93 per sqft
2 Jul 2022RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
1 Jun 2021RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
10 Mar 2021SoldReady
AED 1,065,000AED 826 per sqft
11 Mar 2020RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
1 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
19 Apr 2015SoldOff-plan
AED 1,550,000AED 1,203 per sqft
23 Oct 2012SoldOff-plan
AED 1,390,000AED 1,079 per sqft

Source: Dubai Land Department. Updated 2 July 2023.

Key facts

Type
1-bed apartment
Size
1,288 sqft
Floor
2nd of 7
Parking
Building 4-B3-34
Developer
Souq Residences
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.07M · March 2021
Building
Golden Mile 04

About 4206, Golden Mile 04

4206 is a one-bedroom apartment of 1,288 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 10 March 2021 for AED 1,065,000, or AED 826 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 2 July 2023, is AED 120,000 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 20,000 a year.

Sales and rents for 4206 over time

Sales
Unit 4206, each saleTypical one-bed in Golden Mile 04
1M1.5M2M20042009201420192024Typical 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 2004: AED 1,070,000 (AED 830 per sqft)Sold, November 2009: AED 1,070,000 (AED 830 per sqft)Sold, July 2012: AED 1,200,000 (AED 931 per sqft)Sold, October 2012: AED 1,390,000 (AED 1,079 per sqft)Sold, April 2015: AED 1,550,000 (AED 1,203 per sqft)Sold, March 2021: AED 1,065,000 (AED 826 per sqft)

4206 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4206, 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, July 2018: AED 90,000 a yearNew contract, March 2020: AED 75,000 a yearNew contract, June 2021: AED 75,000 a yearNew contract, July 2022: AED 100,000 a yearRenewal, July 2023: AED 120,000 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 4206 sits

All 18 1-beds →

4206's AED 120,000 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
17 Oct 20232,070,000
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
42011-bedAED 2.07M · Oct 2023
42022-bedAED 3.2M · Jan 2025
42032-bedAED 2.15M · Apr 2023
42041-bedAED 2.09M · Nov 2023
42052-bedAED 2.2M · May 2023
42072-bedAED 2.5M · Sep 2023
42083-bedAED 6.9M · Jun 2026
1–7 of 11

4206, Golden Mile 04 in numbers

  • Sold 6 times: first on 5 May 2004 for AED 1,070,000, last on 10 March 2021 for AED 1,065,000 (AED 826 per sqft).
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 120,000 by July 2023.
  • At AED 120,000 a year the gross yield on the 2021 price is 11.3%, before a service charge of about AED 20,000 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 2 July 2023.

Questions about 4206, Golden Mile 04

What did unit 4206 last sell for?

AED 1,065,000 on 10 March 2021: AED 826 per sqft for 1,288 sqft. The unit has 6 registered sales; the first was AED 1,070,000 in May 2004.

What is the rent for unit 4206?

AED 120,000 a year on the contract renewed on 2 July 2023. The previous contract, from July 2022, was AED 100,000; the unit has been rented since July 2018.

How big is unit 4206?

1,288 sqft (119.7 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 4206 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 4206, Golden Mile 04

Starts from the last sale price (AED 1.07M, 10 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,065,000
Deposit, UAE resident (20%)
AED 213,000
Deposit, non-resident (40%)
AED 426,000
Monthly over 25 years at 3.7%
AED 4,357

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