2-bed · 1,800 sqftGolden Mile 04, Palm Jumeirah · 4th floor · completed 2009

4403, Golden Mile 04

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4403 · DLD and Ejari recordsUpdated 5 October 2022
Last soldAED 2M5 October 2022
Current rentAED 107K /yr2 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4403, Golden Mile 04

What is 4403 worth today?

Last sold for AED 2,000,000 in 2022

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5 Oct 2022SoldReady
AED 2,000,000AED 1,111 per sqft
2 Jan 2021RentedRenewal
AED 107,000/yr12 months · AED 60 per sqft
2 Jan 2020RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
25 Nov 2018RentedRenewal
AED 126,715/yr13 months · AED 70 per sqft
25 Nov 2017RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft
8 Jan 2017RentedRenewal
AED 150,000/yr12 months · AED 83 per sqft
8 Aug 2016RentedNew contract
AED 159,998/yr5 months · AED 89 per sqft
8 Jan 2015RentedNew contract
AED 150,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 5 October 2022.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
4th of 7
Parking
Building 4-B3-71
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2M · October 2022

About 4403, Golden Mile 04

4403 is a two-bedroom apartment of 1,800 sqft on the 4th floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 5 October 2022 for AED 2,000,000, or AED 1,111 per sqft, in line with the AED 1,081 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 2 January 2021, is AED 107,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 27,900 a year.

Sales and rents for 4403 over time

Sales
Unit 4403, 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 1,330,000 (AED 739 per sqft)Sold, October 2013: AED 2,300,000 (AED 1,278 per sqft)Sold, October 2022: AED 2,000,000 (AED 1,111 per sqft)

4403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4403, 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, January 2015: AED 150,000 a yearNew contract, August 2016: AED 159,998 a yearRenewal, January 2017: AED 150,000 a yearNew contract, November 2017: AED 140,000 a yearRenewal, November 2018: AED 126,715 a yearRenewal, January 2020: AED 125,000 a yearRenewal, January 2021: AED 107,000 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 4403 sits

All 42 2-beds →

4403 last sold in October 2022 at AED 1,111 per sqft, in line with what two-beds in Golden Mile 04 were fetching at the time (AED 1,081). 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. 4403's AED 107,000 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 4th floor

All 84 units in Golden Mile 04
Value
44011-bedAED 520K · Jun 2016
44022-bedAED 1.45M · May 2009
44041-bedAED 1.95M · Sep 2023
44052-bedAED 2.65M · Mar 2024
44061-bedAED 1.5M · Apr 2018
44072-bedAED 2.8M · Oct 2024
44083-bedAED 2.11M · Aug 2022
1–7 of 11

4403, Golden Mile 04 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,330,000, last on 5 October 2022 for AED 2,000,000 (AED 1,111 per sqft).
  • Rented since January 2015 on 7 Ejari contracts, from AED 150,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2022 price is 5.3%, 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 5 October 2022.

Questions about 4403, Golden Mile 04

What did unit 4403 last sell for?

AED 2,000,000 on 5 October 2022: AED 1,111 per sqft for 1,800 sqft. The unit has 3 registered sales; the first was AED 1,330,000 in May 2009.

What is the rent for unit 4403?

AED 107,000 a year on the contract renewed on 2 January 2021. The previous contract, from January 2020, was AED 125,000; the unit has been rented since January 2015.

How big is unit 4403?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 4403 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 4403, Golden Mile 04

Starts from the last sale price (AED 2M, 5 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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