3-bed · 2,421 sqftGolden Mile 04, Palm Jumeirah · 5th floor · completed 2009

4512, Golden Mile 04

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4512 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 2.2M21 May 2009
Current rentAED 280K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4512, Golden Mile 04

What is 4512 worth today?

Last sold for AED 2,200,000 in 2009

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20 Jun 2026RentedRenewal
AED 280,000/yr12 months · AED 116 per sqft
20 Jun 2025RentedNew contract
AED 280,000/yr12 months · AED 116 per sqft
20 Jun 2025RentedNew contract
AED 280,000/yr12 months · AED 116 per sqft
1 Jan 2024RentedNew contract
AED 295,000/yr12 months · AED 122 per sqft
15 Sep 2022RentedRenewal
AED 157,300/yr12 months · AED 65 per sqft
15 Sep 2021RentedNew contract
AED 143,000/yr12 months · AED 59 per sqft
15 Sep 2020RentedNew contract
AED 130,000/yr12 months · AED 54 per sqft
1 Nov 2019RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
3-bed apartment
Size
2,421 sqft
Floor
5th of 7
Parking
Building 4-B3-111
Developer
Souq Residences
Completed
2009
Service charge
AED 37,500 /yr
Last sold
AED 2.2M · May 2009

About 4512, Golden Mile 04

4512 is a three-bedroom apartment of 2,421 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 2,200,000, or AED 908 per sqft, 14% above the AED 796 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 280,000 a year: a gross yield of 12.7% on the 2009 price, before the service charge of about AED 37,500 a year.

Sales and rents for 4512 over time

Sales
Unit 4512, each saleTypical three-bed in Golden Mile 04
2.5M5M2009201420192024Typical sale price by year: 2009 AED 2,250,000; 2012 AED 1,275,000; 2013 AED 2,000,000; 2025 AED 6,100,000Sold by developer, May 2009: AED 2,200,000 (AED 908 per sqft)

4512 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4512, each contractTypical three-bed in Golden Mile 04
100K200K300K2014201820222026Typical rent by year: 2014 AED 180,000; 2015 AED 190,000; 2016 AED 185,500; 2017 AED 195,000; 2018 AED 187,500; 2019 AED 160,000; 2020 AED 138,272; 2021 AED 140,000; 2022 AED 185,000; 2023 AED 227,394; 2024 AED 262,500; 2025 AED 280,000; 2026 AED 330,000New contract, January 2015: AED 183,168 a yearNew contract, November 2016: AED 185,500 a yearRenewal, November 2017: AED 185,500 a yearRenewal, November 2018: AED 175,000 a yearRenewal, November 2019: AED 160,000 a yearNew contract, September 2020: AED 130,000 a yearNew contract, September 2021: AED 143,000 a yearRenewal, September 2022: AED 157,300 a yearNew contract, January 2024: AED 295,000 a yearNew contract, June 2025: AED 280,000 a yearNew contract, June 2025: AED 280,000 a yearRenewal, June 2026: AED 280,000 a year

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 4512 sits

All 12 3-beds →

4512 last sold in May 2009 at AED 908 per sqft, 14% above 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. 4512's AED 280,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Jun 20266,900,000
31 Jul 20255,300,000
26 Jun 20257,000,000
28 Mar 20256,100,000
1 3-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 5th floor

All 84 units in Golden Mile 04
Value
45011-bedAED 1.84M · Jun 2014
45022-bedAED 740K · May 2024
45032-bedAED 3.22M · Aug 2026
45041-bedAED 1.53M · Mar 2018
45052-bedAED 1.9M · Jun 2022
45061-bedAED 1.1M · May 2012
45072-bedAED 2M · May 2017
1–7 of 11

4512, Golden Mile 04 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 2,200,000, or AED 908 per sqft.
  • Rented since January 2015 on 12 Ejari contracts. The rent fell from AED 183,168 to AED 130,000 in 2020 and recovered to AED 280,000 by June 2026.
  • At AED 280,000 a year the gross yield on the 2009 price is 12.7%, before a service charge of about AED 37,500 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 20 June 2026.

Questions about 4512, Golden Mile 04

What did unit 4512 last sell for?

AED 2,200,000 on 21 May 2009, sold by the developer: AED 908 per sqft for 2,421 sqft. It is the only registered sale of the unit.

What is the rent for unit 4512?

AED 280,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 280,000; the unit has been rented since January 2015.

How big is unit 4512?

2,421 sqft (224.9 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 4512 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 4512, Golden Mile 04

Starts from the last sale price (AED 2.2M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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