4701, Golden Mile 04
Sold prices and rental history: sold twice, last in January 2018, 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 4701, Golden Mile 04
What is 4701 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Penthouse apartment
- Size
- 4,882 sqft
- Floor
- 7th of 7
- Parking
- Building 4-B3-104,105
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 75,600 /yr
- Last sold
- AED 3M · January 2018
- Building
- Golden Mile 04
About 4701, Golden Mile 04
4701 is a penthouse of 4,882 sqft on the 7th floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 14 January 2018 for AED 3,000,000, or AED 614 per sqft.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 1 March 2026, is AED 380,000 a year: a gross yield of 12.7% on the 2018 price, before the service charge of about AED 75,600 a year.
Sales and rents for 4701 over time
4701 has sold twice; the dashed line is the penthouse median of each year in the building.
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Golden Mile 04, and where 4701 sits
All 7 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20254 July 2025 | 4,442 sqft | 9,800,000 | 2,206 | ||
| 28 Oct 202428 October 2024 | 4,369 sqft | 6,218,493 | 1,423 | ||
| 1 Jun 20211 June 2021 | 4,442 sqft | 3,800,000 | 855 | ||
| 13 Dec 202013 December 2020 | 3,946 sqft | 2,850,000 | 722 |
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 7th floor
All 84 units in Golden Mile 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4702 | Penthouse | 4,369 sqft | AED 6.22MAED 6,218,493 · Oct 2024October 2024 | 300,000 /yr | |
| 4703 | Penthouse | 4,677 sqft | AED 3.25MAED 3,250,000 · May 2009May 2009 | 390,000 /yr | |
| 4704 | Penthouse | 10,222 sqft | AED 7.07MAED 7,065,000 · Feb 2018February 2018 | ||
| 4705 | Penthouse | 3,946 sqft | AED 2.85MAED 2,850,000 · Dec 2020December 2020 | 198,000 /yr | |
| 4706 | Penthouse | 4,442 sqft | AED 9.8MAED 9,800,000 · Jul 2025July 2025 | 190,017 /yr | |
| 4707 | Penthouse | 5,111 sqft | AED 3.94MAED 3,940,000 · Jul 2018July 2018 | 260,000 /yr |
4701, Golden Mile 04 in numbers
- Sold twice: first on 28 May 2009 for AED 3,350,000, last on 14 January 2018 for AED 3,000,000 (AED 614 per sqft).
- Rented since February 2016 on 12 Ejari contracts. The rent fell from AED 243,000 to AED 180,000 in 2020 and recovered to AED 380,000 by March 2026.
- At AED 380,000 a year the gross yield on the 2018 price is 12.7%, before a service charge of about AED 75,600 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 1 March 2026.
Questions about 4701, Golden Mile 04
What did unit 4701 last sell for?
AED 3,000,000 on 14 January 2018: AED 614 per sqft for 4,882 sqft. The unit has 2 registered sales; the first was AED 3,350,000 in May 2009.
What is the rent for unit 4701?
AED 380,000 a year on the contract signed on 1 March 2026. The previous contract, from August 2025, was AED 460,000; the unit has been rented since February 2016.
How big is unit 4701?
4,882 sqft (453.6 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 4701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4701, Golden Mile 04
Starts from the last sale price (AED 3M, 14 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →