2-bed · 1,887 sqftGolden Mile 04, Palm Jumeirah · 2nd floor · completed 2009

4207, Golden Mile 04

Sold prices and rental history: sold 5 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4207 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 2.5M15 September 2023
Current rentAED 40K /yr29 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4207, Golden Mile 04

What is 4207 worth today?

Last sold for AED 2,500,000 in 2023

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29 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 21 per sqft
29 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 21 per sqft
15 Sep 2023SoldReady
AED 2,500,000AED 1,324 per sqft
10 Sep 2023RentedRenewal
AED 160,000/yr12 months · AED 85 per sqft
10 Sep 2022RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft
23 Feb 2022SoldReady
AED 1,700,000AED 900 per sqft
19 Apr 2021SoldReady
AED 1,400,000AED 741 per sqft
5 Apr 2019RentedRenewal
AED 120,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
2nd of 7
Parking
Building 4-B3-78
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.5M · September 2023

About 4207, Golden Mile 04

4207 is a two-bedroom apartment of 1,887 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 15 September 2023 for AED 2,500,000, or AED 1,324 per sqft, 6% above the AED 1,245 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 29 January 2025, is AED 40,000 a year: a gross yield of 1.6% on the 2023 price, before the service charge of about AED 29,200 a year.

Sales and rents for 4207 over time

Sales
Unit 4207, 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 675,000 (AED 357 per sqft)Sold, October 2017: AED 675,000 (AED 357 per sqft)Sold, April 2021: AED 1,400,000 (AED 741 per sqft)Sold, February 2022: AED 1,700,000 (AED 900 per sqft)Sold, September 2023: AED 2,500,000 (AED 1,324 per sqft)

4207 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4207, each contractTypical two-bed in Golden Mile 04
100K200K2013201720212025Typical 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, July 2013: AED 121,000 a yearNew contract, July 2014: AED 121,000 a yearRenewal, July 2015: AED 145,000 a yearNew contract, December 2016: AED 150,000 a yearNew contract, April 2018: AED 120,000 a yearRenewal, April 2019: AED 120,000 a yearNew contract, September 2022: AED 145,000 a yearRenewal, September 2023: AED 160,000 a yearNew contract, January 2025: AED 40,000 a yearNew contract, January 2025: AED 40,000 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 4207 sits

All 42 2-beds →

4207 last sold in September 2023 at AED 1,324 per sqft, 6% above what two-beds in Golden Mile 04 were fetching at the time (AED 1,245). 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. 4207's AED 40,000 is at the bottom 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 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
42061-bedAED 1.07M · Mar 2021
42083-bedAED 6.9M · Jun 2026
1–7 of 11

4207, Golden Mile 04 in numbers

  • Sold 5 times: first on 18 April 2012 for AED 675,000, last on 15 September 2023 for AED 2,500,000 (AED 1,324 per sqft).
  • Rented since July 2013 on 10 Ejari contracts, from AED 121,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 1.6%, before a service charge of about AED 29,200 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 29 January 2025.

Questions about 4207, Golden Mile 04

What did unit 4207 last sell for?

AED 2,500,000 on 15 September 2023: AED 1,324 per sqft for 1,887 sqft. The unit has 5 registered sales; the first was AED 675,000 in April 2012.

What is the rent for unit 4207?

AED 40,000 a year on the contract signed on 29 January 2025. The previous contract, from January 2025, was AED 40,000; the unit has been rented since July 2013.

How big is unit 4207?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 4207 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 4207, Golden Mile 04

Starts from the last sale price (AED 2.5M, 15 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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