4505, Golden Mile 04
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4505, Golden Mile 04
What is 4505 worth today?
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Source: Dubai Land Department. Updated 24 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,808 sqft
- Floor
- 5th of 7
- Parking
- Building 4-B3-65
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 28,000 /yr
- Last sold
- AED 1.9M · June 2022
- Building
- Golden Mile 04
About 4505, Golden Mile 04
4505 is a two-bedroom apartment of 1,808 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 2 June 2022 for AED 1,900,000, or AED 1,051 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 24 September 2023, is AED 150,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 28,000 a year.
Sales and rents for 4505 over time
4505 has sold twice; 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 4505 sits
All 42 2-beds →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. 4505's AED 150,000 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 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 | |
| 4502 | 2-bed | 453 sqft | AED 740KAED 740,000 · May 2024May 2024 | 157,500 /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 | |
| 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 |
4505, Golden Mile 04 in numbers
- Sold twice: first on 21 May 2009 for AED 1,450,000, last on 2 June 2022 for AED 1,900,000 (AED 1,051 per sqft).
- Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 155,000 to AED 90,000 in 2020 and recovered to AED 150,000 by September 2023.
- At AED 150,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 28,000 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 24 September 2023.
Questions about 4505, Golden Mile 04
What did unit 4505 last sell for?
AED 1,900,000 on 2 June 2022: AED 1,051 per sqft for 1,808 sqft. The unit has 2 registered sales; the first was AED 1,450,000 in May 2009.
What is the rent for unit 4505?
AED 150,000 a year on the contract renewed on 24 September 2023. The previous contract, from September 2022, was AED 150,000; the unit has been rented since July 2016.
How big is unit 4505?
1,808 sqft (168.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 4505 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 4505, Golden Mile 04
Starts from the last sale price (AED 1.9M, 2 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →