2-bed · 1,788 sqftGolden Mile 04, Palm Jumeirah · 4th floor · completed 2009

4409, Golden Mile 04

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4409 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.66M27 July 2011
Current rentAED 170K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4409, Golden Mile 04

What is 4409 worth today?

Last sold for AED 1,662,500 in 2011

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1 Jul 2026RentedNew contract
AED 170,000/yr12 months · AED 95 per sqft
13 Jun 2025RentedNew contract
AED 225,000/yr12 months · AED 126 per sqft
13 Jun 2025RentedNew contract
AED 225,000/yr12 months · AED 126 per sqft
28 May 2024RentedNew contract
AED 190,000/yr12 months · AED 106 per sqft
24 May 2024RentedNew contract
AED 200,000/yr12 months · AED 112 per sqft
26 Jun 2023RentedRenewal
AED 116,228/yr8 months · AED 65 per sqft
26 Jun 2022RentedRenewal
AED 110,250/yr12 months · AED 62 per sqft
26 Jun 2021RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
4th of 7
Parking
Building 4-B3-95
Developer
Souq Residences
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 1.66M · July 2011

About 4409, Golden Mile 04

4409 is a two-bedroom apartment of 1,788 sqft on the 4th floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 27 July 2011 for AED 1,662,500, or AED 929 per sqft, 13% above the AED 821 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 1 July 2026, is AED 170,000 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 27,700 a year.

Sales and rents for 4409 over time

Sales
Unit 4409, 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, July 2011: AED 1,662,500 (AED 929 per sqft)

4409 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4409, each contractTypical two-bed in Golden Mile 04
100K200K2014201820222026Typical 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, July 2014: AED 150,000 a yearNew contract, April 2019: AED 130,000 a yearNew contract, April 2020: AED 120,000 a yearNew contract, June 2021: AED 105,000 a yearRenewal, June 2022: AED 110,250 a yearRenewal, June 2023: AED 116,228 a yearNew contract, May 2024: AED 190,000 a yearNew contract, May 2024: AED 200,000 a yearNew contract, June 2025: AED 225,000 a yearNew contract, June 2025: AED 225,000 a yearNew contract, July 2026: AED 170,000 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 4409 sits

All 42 2-beds →

4409 last sold in July 2011 at AED 929 per sqft, 13% above what two-beds in Golden Mile 04 were fetching at the time (AED 821). 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. 4409's AED 170,000 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
44032-bedAED 2M · Oct 2022
44041-bedAED 1.95M · Sep 2023
44052-bedAED 2.65M · Mar 2024
44061-bedAED 1.5M · Apr 2018
44072-bedAED 2.8M · Oct 2024
1–7 of 11

4409, Golden Mile 04 in numbers

  • Sold once: by Souq Residences on 27 July 2011 for AED 1,662,500, or AED 929 per sqft.
  • Rented since July 2014 on 11 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 170,000 by July 2026.
  • At AED 170,000 a year the gross yield on the 2011 price is 10.2%, before a service charge of about AED 27,700 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 1 July 2026.

Questions about 4409, Golden Mile 04

What did unit 4409 last sell for?

AED 1,662,500 on 27 July 2011, sold by the developer: AED 929 per sqft for 1,788 sqft. It is the only registered sale of the unit.

What is the rent for unit 4409?

AED 170,000 a year on the contract signed on 1 July 2026. The previous contract, from June 2025, was AED 225,000; the unit has been rented since July 2014.

How big is unit 4409?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 4409 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 4409, Golden Mile 04

Starts from the last sale price (AED 1.66M, 27 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,662,500
Deposit, UAE resident (20%)
AED 332,500
Deposit, non-resident (40%)
AED 665,000
Monthly over 25 years at 3.7%
AED 6,802

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