4507, Golden Mile 04
Sold prices and rental history: sold 4 times, last in May 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4507, Golden Mile 04
What is 4507 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,887 sqft
- Floor
- 5th of 7
- Parking
- Building 4-B3-131
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 29,200 /yr
- Last sold
- AED 2M · May 2017
- Building
- Golden Mile 04
About 4507, Golden Mile 04
4507 is a two-bedroom apartment of 1,887 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 2017 for AED 2,000,000, or AED 1,059 per sqft, in line with the AED 1,052 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 25 May 2026, is AED 160,000 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 29,200 a year.
Sales and rents for 4507 over time
4507 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 4507 sits
All 42 2-beds →4507 last sold in May 2017 at AED 1,059 per sqft, in line with what two-beds in Golden Mile 04 were fetching at the time (AED 1,052). 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. 4507's AED 160,000 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 | |
| 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 | |
| 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 |
4507, Golden Mile 04 in numbers
- Sold 4 times: first on 13 May 2010 for AED 1,400,000, last on 15 May 2017 for AED 2,000,000 (AED 1,059 per sqft).
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2022 and recovered to AED 160,000 by May 2026.
- At AED 160,000 a year the gross yield on the 2017 price is 8.0%, 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 May 2026.
Questions about 4507, Golden Mile 04
What did unit 4507 last sell for?
AED 2,000,000 on 15 May 2017: AED 1,059 per sqft for 1,887 sqft. The unit has 4 registered sales; the first was AED 1,400,000 in May 2010.
What is the rent for unit 4507?
AED 160,000 a year on the contract signed on 25 May 2026. The previous contract, from March 2026, was AED 185,000; the unit has been rented since August 2017.
How big is unit 4507?
1,887 sqft (175.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 4507 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 4507, Golden Mile 04
Starts from the last sale price (AED 2M, 15 May 2017). 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 →