4702, Golden Mile 04
Sold prices and rental history: sold 4 times, last in October 2024, 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 4702, Golden Mile 04
What is 4702 worth today?
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Source: Dubai Land Department. Updated 28 October 2024.
Key facts
- Type
- Penthouse apartment
- Size
- 4,369 sqft
- Floor
- 7th of 7
- Parking
- Building 4-B3-102, Building 4-B3-103
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 67,700 /yr
- Last sold
- AED 6.22M · October 2024
- Building
- Golden Mile 04
About 4702, Golden Mile 04
4702 is a penthouse of 4,369 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 28 October 2024 for AED 6,218,493, or AED 1,423 per sqft.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 17 April 2024, is AED 300,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 67,700 a year.
Sales and rents for 4702 over time
4702 has sold 4 times; 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 4702 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 | ||
| 1 Jun 20211 June 2021 | 4,442 sqft | 3,800,000 | 855 | ||
| 13 Dec 202013 December 2020 | 3,946 sqft | 2,850,000 | 722 | ||
| 19 Jul 201819 July 2018 | 5,111 sqft | 3,940,000 | 770 |
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 | |||||
|---|---|---|---|---|---|
| 4701 | Penthouse | 4,882 sqft | AED 3MAED 3,000,000 · Jan 2018January 2018 | 380,000 /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 |
4702, Golden Mile 04 in numbers
- Sold 4 times: first on 28 May 2009 for AED 3,050,000, last on 28 October 2024 for AED 6,218,493 (AED 1,423 per sqft).
- Rented since August 2017 on 8 Ejari contracts, from AED 205,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 67,700 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 28 October 2024.
Questions about 4702, Golden Mile 04
What did unit 4702 last sell for?
AED 6,218,493 on 28 October 2024: AED 1,423 per sqft for 4,369 sqft. The unit has 4 registered sales; the first was AED 3,050,000 in May 2009.
What is the rent for unit 4702?
AED 300,000 a year on the contract renewed on 17 April 2024. The previous contract, from April 2023, was AED 290,000; the unit has been rented since August 2017.
How big is unit 4702?
4,369 sqft (405.9 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 4702 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 4702, Golden Mile 04
Starts from the last sale price (AED 6.22M, 28 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,218,493
- Deposit, UAE resident (20%)
- AED 1,243,699
- Deposit, non-resident (40%)
- AED 2,487,397
- Monthly over 25 years at 3.7%
- AED 25,442
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →