4502, Golden Mile 04
Sold prices and rental history: sold 3 times, last in May 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 4502, Golden Mile 04
What is 4502 worth today?
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Source: Dubai Land Department. Updated 21 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 453 sqft
- Floor
- 5th of 7
- Parking
- Building 4-B3-49
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 7,000 /yr
- Last sold
- AED 740K · May 2024
- Building
- Golden Mile 04
About 4502, Golden Mile 04
4502 is a two-bedroom apartment of 453 sqft on the 5th floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 15 May 2024 for AED 740,000, or AED 1,634 per sqft, 17% above the AED 1,395 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 21 July 2026, is AED 157,500 a year: a gross yield of 21.3% on the 2024 price, before the service charge of about AED 7,000 a year.
Sales and rents for 4502 over time
4502 has sold 3 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 4502 sits
All 42 2-beds →4502 last sold in May 2024 at AED 1,634 per sqft, 17% above what two-beds in Golden Mile 04 were fetching at the time (AED 1,395). 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. 4502's AED 157,500 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 5th floor
All 84 units in Golden Mile 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 1-bed | 1,304 sqft | AED 1.84MAED 1,840,000 · Jun 2014June 2014 | 135,000 /yr | |
| 4503 | 2-bed | 1,800 sqft | AED 3.22MAED 3,220,000 · Aug 2026August 2026 | ||
| 4504 | 1-bed | 1,307 sqft | AED 1.53MAED 1,525,000 · Mar 2018March 2018 | 120,000 /yr | |
| 4505 | 2-bed | 1,808 sqft | AED 1.9MAED 1,900,000 · Jun 2022June 2022 | 150,000 /yr | |
| 4506 | 1-bed | 1,288 sqft | AED 1.1MAED 1,100,000 · May 2012May 2012 | 165,000 /yr | |
| 4507 | 2-bed | 1,887 sqft | AED 2MAED 2,000,000 · May 2017May 2017 | 160,000 /yr | |
| 4508 | 3-bed | 3,329 sqft | AED 2.6MAED 2,600,000 · May 2009May 2009 | 250,000 /yr | |
| 4509 | 2-bed | 1,794 sqft | AED 2.31MAED 2,310,000 · Jun 2022June 2022 | 49,866 /yr | |
| 4510 | 2-bed | 1,794 sqft | AED 2.55MAED 2,550,000 · Nov 2013November 2013 | 146,107 /yr | |
| 4511 | 2-bed | 901 sqft | AED 1.8MAED 1,800,000 · May 2009May 2009 | 180,000 /yr | |
| 4512 | 3-bed | 2,421 sqft | AED 2.2MAED 2,200,000 · May 2009May 2009 | 280,000 /yr |
4502, Golden Mile 04 in numbers
- Sold 3 times: first on 21 May 2009 for AED 1,500,000, last on 15 May 2024 for AED 740,000 (AED 1,634 per sqft).
- Rented since May 2014 on 12 Ejari contracts. The rent fell from AED 147,500 to AED 75,000 in 2021 and recovered to AED 157,500 by July 2026.
- At AED 157,500 a year the gross yield on the 2024 price is 21.3%, before a service charge of about AED 7,000 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 21 July 2026.
Questions about 4502, Golden Mile 04
What did unit 4502 last sell for?
AED 740,000 on 15 May 2024: AED 1,634 per sqft for 453 sqft. The unit has 3 registered sales; the first was AED 1,500,000 in May 2009.
What is the rent for unit 4502?
AED 157,500 a year on the contract signed on 21 July 2026. The previous contract, from July 2025, was AED 150,000; the unit has been rented since May 2014.
How big is unit 4502?
453 sqft (42.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 4502 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 4502, Golden Mile 04
Starts from the last sale price (AED 740K, 15 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →