4407, Golden Mile 04
Sold prices and rental history: sold 4 times, last in October 2024, 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 4407, Golden Mile 04
What is 4407 worth today?
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Source: Dubai Land Department. Updated 25 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,887 sqft
- Floor
- 4th of 7
- Parking
- Building 4-B3-80
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 2.8M · October 2024
- Building
- Golden Mile 04
About 4407, Golden Mile 04
4407 is a two-bedroom apartment of 1,887 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 25 October 2024 for AED 2,800,000, or AED 1,483 per sqft, in line with the AED 1,483 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 21 December 2023, is AED 86,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 29,200 a year.
Sales and rents for 4407 over time
4407 has sold 4 times; 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 4407 sits
All 42 2-beds →4407 last sold in October 2024 at AED 1,483 per sqft, in line with what two-beds in Golden Mile 04 were fetching at the time (AED 1,483). 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. 4407's AED 86,000 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 4th floor
All 84 units in Golden Mile 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4401 | 1-bed | 1,304 sqft | AED 520KAED 520,000 · Jun 2016June 2016 | 125,000 /yr | |
| 4402 | 2-bed | 1,799 sqft | AED 1.45MAED 1,450,000 · May 2009May 2009 | 200,000 /yr | |
| 4403 | 2-bed | 1,800 sqft | AED 2MAED 2,000,000 · Oct 2022October 2022 | 107,000 /yr | |
| 4404 | 1-bed | 1,307 sqft | AED 1.95MAED 1,950,000 · Sep 2023September 2023 | 145,000 /yr | |
| 4405 | 2-bed | 1,808 sqft | AED 2.65MAED 2,650,000 · Mar 2024March 2024 | 210,000 /yr | |
| 4406 | 1-bed | 1,288 sqft | AED 1.5MAED 1,500,000 · Apr 2018April 2018 | 125,000 /yr | |
| 4408 | 3-bed | 3,329 sqft | AED 2.11MAED 2,110,500 · Aug 2022August 2022 | 340,000 /yr | |
| 4409 | 2-bed | 1,788 sqft | AED 1.66MAED 1,662,500 · Jul 2011July 2011 | 170,000 /yr | |
| 4410 | 2-bed | 1,794 sqft | AED 2.15MAED 2,150,000 · Oct 2013October 2013 | 230,000 /yr | |
| 4411 | 2-bed | 1,794 sqft | AED 1.66MAED 1,662,500 · May 2009May 2009 | 130,000 /yr | |
| 4412 | 3-bed | 2,421 sqft | AED 3.1MAED 3,100,000 · Jul 2017July 2017 | 190,000 /yr |
4407, Golden Mile 04 in numbers
- Sold 4 times: first on 22 July 2004 for AED 1,450,000, last on 25 October 2024 for AED 2,800,000 (AED 1,483 per sqft).
- Rented since July 2014 on 10 Ejari contracts, from AED 155,000 to AED 86,000 a year.
- At AED 86,000 a year the gross yield on the 2024 price is 3.1%, 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 25 October 2024.
Questions about 4407, Golden Mile 04
What did unit 4407 last sell for?
AED 2,800,000 on 25 October 2024: AED 1,483 per sqft for 1,887 sqft. The unit has 4 registered sales; the first was AED 1,450,000 in July 2004.
What is the rent for unit 4407?
AED 86,000 a year on the contract renewed on 21 December 2023. The previous contract, from December 2022, was AED 86,000; the unit has been rented since July 2014.
How big is unit 4407?
1,887 sqft (175.3 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 4407 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 4407, Golden Mile 04
Starts from the last sale price (AED 2.8M, 25 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →