2-bed · 1,788 sqftGolden Mile 04, Palm Jumeirah · 2nd floor · completed 2009

4209, Golden Mile 04

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4209 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 2.4M21 March 2023
Current rentAED 114K /yr31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4209, Golden Mile 04

What is 4209 worth today?

Last sold for AED 2,400,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Mar 2023SoldReady
AED 2,400,000AED 1,342 per sqft
31 Oct 2022RentedRenewal
AED 113,693/yr3 months · AED 64 per sqft
31 Oct 2021RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
1 Nov 2020RentedRenewal
AED 115,310/yr12 months · AED 65 per sqft
1 Nov 2019RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
21 May 2009Sold by developerOff-plan
AED 1,395,000AED 780 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
2nd of 7
Parking
Building 4-B3-36
Developer
Souq Residences
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 2.4M · March 2023

About 4209, Golden Mile 04

4209 is a two-bedroom apartment of 1,788 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 21 March 2023 for AED 2,400,000, or AED 1,342 per sqft, 4% above the AED 1,287 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 October 2022, is AED 113,693 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 27,700 a year.

Sales and rents for 4209 over time

Sales
Unit 4209, 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, May 2009: AED 1,395,000 (AED 780 per sqft)Sold, March 2023: AED 2,400,000 (AED 1,342 per sqft)

4209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4209, 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, November 2019: AED 105,000 a yearRenewal, November 2020: AED 115,310 a yearRenewal, October 2021: AED 115,000 a yearRenewal, October 2022: AED 113,693 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 4209 sits

All 42 2-beds →

4209 last sold in March 2023 at AED 1,342 per sqft, 4% above what two-beds in Golden Mile 04 were fetching at the time (AED 1,287). 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. 4209's AED 113,693 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 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
42072-bedAED 2.5M · Sep 2023
1–7 of 11

4209, Golden Mile 04 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,395,000, last on 21 March 2023 for AED 2,400,000 (AED 1,342 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 105,000 to AED 113,693 a year.
  • At AED 113,693 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 27,700 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 21 March 2023.

Questions about 4209, Golden Mile 04

What did unit 4209 last sell for?

AED 2,400,000 on 21 March 2023: AED 1,342 per sqft for 1,788 sqft. The unit has 2 registered sales; the first was AED 1,395,000 in May 2009.

What is the rent for unit 4209?

AED 113,693 a year on the contract renewed on 31 October 2022. The previous contract, from October 2021, was AED 115,000; the unit has been rented since November 2019.

How big is unit 4209?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 4209 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.

Selling 4209? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4209, Golden Mile 04

Starts from the last sale price (AED 2.4M, 21 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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