4302, Golden Mile 04
Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4302, Golden Mile 04
What is 4302 worth today?
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Source: Dubai Land Department. Updated 26 July 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,799 sqft
- Floor
- 3rd of 7
- Parking
- Building 4-B3-52,53
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 27,900 /yr
- Last sold
- AED 1.38M · September 2012
- Building
- Golden Mile 04
About 4302, Golden Mile 04
4302 is a two-bedroom apartment of 1,799 sqft on the 3rd floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 9 September 2012 for AED 1,377,500, or AED 765 per sqft, 66% above the AED 461 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 26 July 2021, is AED 100,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 27,900 a year.
Sales and rents for 4302 over time
4302 has sold once; the dashed line is the two-bed median of each year in the building.
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 4302 sits
All 42 2-beds →4302 last sold in September 2012 at AED 765 per sqft, 66% above what two-beds in Golden Mile 04 were fetching at the time (AED 461). 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. 4302's AED 100,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 1,800 sqft | 3,220,000 | 1,789 | ||
| 20 Jan 202520 January 2025 | 1,799 sqft | 3,200,000 | 1,778 | ||
| 6 Jan 20256 January 2025 | 1,794 sqft | 3,710,000 | 2,067 | ||
| 10 Dec 202410 December 2024 | 1,794 sqft | 3,350,000 | 1,866 |
Golden Mile 04
Building84 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%
Other units on the 3rd floor
All 84 units in Golden Mile 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4301 | 1-bed | 1,304 sqft | AED 1.22MAED 1,215,000 · Feb 2019February 2019 | 150,000 /yr | |
| 4303 | 2-bed | 1,800 sqft | AED 1.38MAED 1,377,500 · May 2009May 2009 | 165,000 /yr | |
| 4304 | 1-bed | 653 sqft | AED 1.3MAED 1,300,000 · Apr 2013April 2013 | 130,000 /yr | |
| 4305 | 2-bed | 1,808 sqft | AED 1.56MAED 1,560,000 · Jul 2019July 2019 | ||
| 4306 | 1-bed | 1,288 sqft | AED 1.9MAED 1,900,000 · Jun 2024June 2024 | 90,000 /yr | |
| 4307 | 2-bed | 1,887 sqft | AED 1.58MAED 1,575,000 · Nov 2009November 2009 | 106,700 /yr | |
| 4308 | 3-bed | 3,329 sqft | AED 6.1MAED 6,100,000 · Mar 2025March 2025 | 330,000 /yr | |
| 4309 | 2-bed | 1,788 sqft | AED 825KAED 825,000 · Jun 2016June 2016 | ||
| 4310 | 2-bed | 901 sqft | AED 1.7MAED 1,700,000 · May 2009May 2009 | 146,107 /yr | |
| 4311 | 2-bed | 1,794 sqft | AED 2.4MAED 2,400,000 · Mar 2017March 2017 | 149,500 /yr | |
| 4312 | 3-bed | 2,421 sqft | AED 4MAED 4,000,000 · Aug 2023August 2023 | 225,146 /yr |
4302, Golden Mile 04 in numbers
- Sold once: by Souq Residences on 9 September 2012 for AED 1,377,500, or AED 765 per sqft.
- Rented since July 2014 on 8 Ejari contracts, from AED 158,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2012 price is 7.3%, before a service charge of about AED 27,900 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 26 July 2021.
Questions about 4302, Golden Mile 04
What did unit 4302 last sell for?
AED 1,377,500 on 9 September 2012, sold by the developer: AED 765 per sqft for 1,799 sqft. It is the only registered sale of the unit.
What is the rent for unit 4302?
AED 100,000 a year on the contract signed on 26 July 2021. The previous contract, from July 2020, was AED 95,000; the unit has been rented since July 2014.
How big is unit 4302?
1,799 sqft (167.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 4302 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 4302, Golden Mile 04
Starts from the last sale price (AED 1.38M, 9 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,377,500
- Deposit, UAE resident (20%)
- AED 275,500
- Deposit, non-resident (40%)
- AED 551,000
- Monthly over 25 years at 3.7%
- AED 5,636
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →