2-bed · 1,887 sqftGolden Mile 04, Palm Jumeirah · 3rd floor · completed 2009

4307, Golden Mile 04

Sold prices and rental history: sold twice, last in November 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4307 · DLD and Ejari recordsUpdated 30 April 2023
Last soldAED 1.58M22 November 2009
Current rentAED 107K /yr30 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4307, Golden Mile 04

What is 4307 worth today?

Last sold for AED 1,575,000 in 2009

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30 Apr 2023RentedRenewal
AED 106,700/yr12 months · AED 57 per sqft
30 Apr 2022RentedRenewal
AED 97,000/yr12 months · AED 51 per sqft
30 Apr 2021RentedNew contract
AED 85,000/yr12 months · AED 45 per sqft
21 Apr 2019RentedNew contract
AED 100,000/yr12 months · AED 53 per sqft
25 Jan 2018RentedNew contract
AED 115,000/yr12 months · AED 61 per sqft
20 Jun 2015RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
22 Nov 2009SoldOff-plan
AED 1,575,000AED 834 per sqft
22 May 2004Sold by developerOff-plan
AED 1,400,000AED 741 per sqft

Source: Dubai Land Department. Updated 30 April 2023.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
3rd of 7
Parking
Building 4-B3-79
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.58M · November 2009

About 4307, Golden Mile 04

4307 is a two-bedroom apartment of 1,887 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 22 November 2009 for AED 1,575,000, or AED 834 per sqft, 4% above the AED 805 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 30 April 2023, is AED 106,700 a year: a gross yield of 6.8% on the 2009 price, before the service charge of about AED 29,200 a year.

Sales and rents for 4307 over time

Sales
Unit 4307, each saleTypical two-bed in Golden Mile 04
1M2M3M2004201020162022Typical 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 2004: AED 1,400,000 (AED 741 per sqft)Sold, November 2009: AED 1,575,000 (AED 834 per sqft)

4307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4307, 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, June 2015: AED 140,000 a yearNew contract, January 2018: AED 115,000 a yearNew contract, April 2019: AED 100,000 a yearNew contract, April 2021: AED 85,000 a yearRenewal, April 2022: AED 97,000 a yearRenewal, April 2023: AED 106,700 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 4307 sits

All 42 2-beds →

4307 last sold in November 2009 at AED 834 per sqft, 4% above what two-beds in Golden Mile 04 were fetching at the time (AED 805). 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. 4307's AED 106,700 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 3rd floor

All 84 units in Golden Mile 04
Value
43011-bedAED 1.22M · Feb 2019
43022-bedAED 1.38M · Sep 2012
43032-bedAED 1.38M · May 2009
43041-bedAED 1.3M · Apr 2013
43052-bedAED 1.56M · Jul 2019
43061-bedAED 1.9M · Jun 2024
43083-bedAED 6.1M · Mar 2025
1–7 of 11

4307, Golden Mile 04 in numbers

  • Sold twice: first on 22 May 2004 for AED 1,400,000, last on 22 November 2009 for AED 1,575,000 (AED 834 per sqft).
  • Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2021 and recovered to AED 106,700 by April 2023.
  • At AED 106,700 a year the gross yield on the 2009 price is 6.8%, 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 30 April 2023.

Questions about 4307, Golden Mile 04

What did unit 4307 last sell for?

AED 1,575,000 on 22 November 2009: AED 834 per sqft for 1,887 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in May 2004.

What is the rent for unit 4307?

AED 106,700 a year on the contract renewed on 30 April 2023. The previous contract, from April 2022, was AED 97,000; the unit has been rented since June 2015.

How big is unit 4307?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 4307 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 4307, Golden Mile 04

Starts from the last sale price (AED 1.58M, 22 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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