2-bed · 1,887 sqftGolden Mile 04, Palm Jumeirah · 6th floor · completed 2009

4607, Golden Mile 04

Sold prices and rental history: sold twice, last in August 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4607 · DLD and Ejari recordsUpdated 18 August 2015
Last soldAED 2.34M18 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4607, Golden Mile 04

What is 4607 worth today?

Last sold for AED 2,340,000 in 2015

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18 Aug 2015SoldOff-plan
AED 2,340,000AED 1,240 per sqft
21 May 2009Sold by developerOff-plan
AED 1,550,000AED 821 per sqft

Source: Dubai Land Department. Updated 18 August 2015.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
6th of 7
Parking
Building 4-B3-81
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 2.34M · August 2015

About 4607, Golden Mile 04

4607 is a two-bedroom apartment of 1,887 sqft on the 6th floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 18 August 2015 for AED 2,340,000, or AED 1,240 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4607 over time

Sales
Unit 4607, each saleTypical two-bed in Golden Mile 04
1M2M3M20092013201720212025Typical sale price by year: 2009 AED 1,550,000; 2010 AED 1,608,300; 2011 AED 1,662,500; 2012 AED 1,101,250; 2013 AED 2,140,000; 2016 AED 1,250,000; 2017 AED 2,150,000; 2018 AED 2,010,000; 2019 AED 1,362,500; 2021 AED 1,451,250; 2022 AED 1,950,000; 2023 AED 2,400,000; 2024 AED 2,800,000Sold by developer, May 2009: AED 1,550,000 (AED 821 per sqft)Sold, August 2015: AED 2,340,000 (AED 1,240 per sqft)

4607 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4607, each contractTypical two-bed in Golden Mile 04
100K150K200K2014201820222026Typical rent by year: 2014 AED 143,000; 2015 AED 150,000; 2016 AED 150,000; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 111,972; 2023 AED 140,200; 2024 AED 172,234; 2025 AED 185,000; 2026 AED 170,000

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 4607 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.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Aug 20263,220,000
20 Jan 20253,200,000
6 Jan 20253,710,000
10 Dec 20243,350,000
1 2-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 6th floor

All 84 units in Golden Mile 04
Value
46011-bedAED 1.25M · Oct 2019
46022-bedAED 2.15M · Nov 2017
46032-bedAED 1.3M · Sep 2020
46041-bedAED 1.7M · Apr 2017
46052-bedAED 1.9M · Apr 2013
46061-bedAED 1.55M · Dec 2022
46083-bedAED 2.65M · May 2009
1–7 of 11

4607, Golden Mile 04 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,550,000, last on 18 August 2015 for AED 2,340,000 (AED 1,240 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 18 August 2015.

Questions about 4607, Golden Mile 04

What did unit 4607 last sell for?

AED 2,340,000 on 18 August 2015: AED 1,240 per sqft for 1,887 sqft. The unit has 2 registered sales; the first was AED 1,550,000 in May 2009.

How big is unit 4607?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 4607 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 4607, Golden Mile 04

Starts from the last sale price (AED 2.34M, 18 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,340,000
Deposit, UAE resident (20%)
AED 468,000
Deposit, non-resident (40%)
AED 936,000
Monthly over 25 years at 3.7%
AED 9,574

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