4508, Golden Mile 04
Sold prices and rental history: sold once, by the developer in May 2009, 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 4508, Golden Mile 04
What is 4508 worth today?
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Source: Dubai Land Department. Updated 10 June 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,329 sqft
- Floor
- 5th of 7
- Parking
- Building 4-B3-123
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 51,600 /yr
- Last sold
- AED 2.6M · May 2009
- Building
- Golden Mile 04
About 4508, Golden Mile 04
4508 is a three-bedroom apartment of 3,329 sqft on the 5th floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 2,600,000, or AED 781 per sqft, in line with the AED 796 three-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 10 June 2026, is AED 250,000 a year: a gross yield of 9.6% on the 2009 price, before the service charge of about AED 51,600 a year.
Sales and rents for 4508 over time
4508 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 04, and where 4508 sits
All 12 3-beds →4508 last sold in May 2009 at AED 781 per sqft, in line with what three-beds in Golden Mile 04 were fetching at the time (AED 796). Over the last 12 months three-beds sold for AED 6,900,000, around AED 2,072 per sqft, and rent for AED 250,000 to 380,000 a year. 4508's AED 250,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jun 20268 June 2026 | 3,329 sqft | 6,900,000 | 2,072 | ||
| 31 Jul 202531 July 2025 | 2,646 sqft | 5,300,000 | 2,002 | ||
| 26 Jun 202526 June 2025 | 3,329 sqft | 7,000,000 | 2,102 | ||
| 28 Mar 202528 March 2025 | 3,329 sqft | 6,100,000 | 1,832 |
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 175K /yr
- Typical yield
- 4.9%
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 | |
| 4507 | 2-bed | 1,887 sqft | AED 2MAED 2,000,000 · May 2017May 2017 | 160,000 /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 |
4508, Golden Mile 04 in numbers
- Sold once: by Souq Residences on 21 May 2009 for AED 2,600,000, or AED 781 per sqft.
- Rented since December 2014 on 12 Ejari contracts. The rent fell from AED 220,000 to AED 140,000 in 2021 and recovered to AED 250,000 by June 2026.
- At AED 250,000 a year the gross yield on the 2009 price is 9.6%, before a service charge of about AED 51,600 a year (AED 15.49 per sqft).
- Three-beds in Golden Mile 04 sold for AED 6,900,000–6,900,000 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 10 June 2026.
Questions about 4508, Golden Mile 04
What did unit 4508 last sell for?
AED 2,600,000 on 21 May 2009, sold by the developer: AED 781 per sqft for 3,329 sqft. It is the only registered sale of the unit.
What is the rent for unit 4508?
AED 250,000 a year on the contract signed on 10 June 2026. The previous contract, from June 2024, was AED 230,000; the unit has been rented since December 2014.
How big is unit 4508?
3,329 sqft (309.3 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.
What is unit 4508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 04 sold for AED 6,900,000 to 6,900,000 in the last 12 months, around AED 2,072 per sqft.
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Mortgage on 4508, Golden Mile 04
Starts from the last sale price (AED 2.6M, 21 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 2,600,000
- Deposit, UAE resident (20%)
- AED 520,000
- Deposit, non-resident (40%)
- AED 1,040,000
- Monthly over 25 years at 3.7%
- AED 10,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →