4306, Golden Mile 04
Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4306, Golden Mile 04
What is 4306 worth today?
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Source: Dubai Land Department. Updated 21 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,288 sqft
- Floor
- 3rd of 7
- Parking
- Building 4-B3-33
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.9M · June 2024
- Building
- Golden Mile 04
About 4306, Golden Mile 04
4306 is a one-bedroom apartment of 1,288 sqft on the 3rd floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 21 June 2024 for AED 1,900,000, or AED 1,474 per sqft, 7% below the AED 1,587 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 7 April 2024, is AED 90,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 20,000 a year.
Sales and rents for 4306 over time
4306 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 4306 sits
All 18 1-beds →4306 last sold in June 2024 at AED 1,474 per sqft, 7% below what one-beds in Golden Mile 04 were fetching at the time (AED 1,587). 4306's AED 90,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jan 202431 January 2024 | 1,409 sqft | 2,300,000 | 1,631 | ||
| 30 Nov 202330 November 2023 | 1,307 sqft | 2,090,000 | 1,599 | ||
| 17 Oct 202317 October 2023 | 1,304 sqft | 2,070,000 | 1,587 | ||
| 26 Sep 202326 September 2023 | 1,307 sqft | 1,950,000 | 1,492 |
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 | |
| 4302 | 2-bed | 1,799 sqft | AED 1.38MAED 1,377,500 · Sep 2012September 2012 | 100,000 /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 | ||
| 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 |
4306, Golden Mile 04 in numbers
- Sold 5 times: first on 5 May 2004 for AED 1,120,000, last on 21 June 2024 for AED 1,900,000 (AED 1,474 per sqft).
- Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 108,000 to AED 60,000 in 2018 and recovered to AED 90,000 by April 2024.
- At AED 90,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 20,000 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 21 June 2024.
Questions about 4306, Golden Mile 04
What did unit 4306 last sell for?
AED 1,900,000 on 21 June 2024: AED 1,474 per sqft for 1,288 sqft. The unit has 5 registered sales; the first was AED 1,120,000 in May 2004.
What is the rent for unit 4306?
AED 90,000 a year on the contract renewed on 7 April 2024. The previous contract, from April 2023, was AED 90,000; the unit has been rented since September 2017.
How big is unit 4306?
1,288 sqft (119.7 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.
What is unit 4306 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 4306, Golden Mile 04
Starts from the last sale price (AED 1.9M, 21 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →