Penthouse · 10,222 sqftGolden Mile 04, Palm Jumeirah · 7th floor · completed 2009

4704, Golden Mile 04

Sold prices and rental history: sold once, by the developer in February 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4704 · DLD and Ejari recordsUpdated 26 February 2018
Last soldAED 7.07M26 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4704, Golden Mile 04

What is 4704 worth today?

Last sold for AED 7,065,000 in 2018

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26 Feb 2018Sold by developerReady
AED 7,065,000AED 691 per sqft

Source: Dubai Land Department. Updated 26 February 2018.

Key facts

Type
Penthouse apartment
Size
10,222 sqft
Floor
7th of 7
Parking
Building 4-B3-87,86
Developer
Souq Residences
Completed
2009
Service charge
AED 158,300 /yr
Last sold
AED 7.07M · February 2018

About 4704, Golden Mile 04

4704 is a penthouse of 10,222 sqft on the 7th floor of Golden Mile 04, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 26 February 2018 for AED 7,065,000, or AED 691 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4704 over time

Sales
Unit 4704, each saleTypical penthouse in Golden Mile 04
4M6M2009201220152018Typical sale price by year: 2009 AED 3,350,000; 2018 AED 3,940,000Sold by developer, February 2018: AED 7,065,000 (AED 691 per sqft)

4704 has sold once; the dashed line is the penthouse median of each year in the building.

Rents
Unit 4704, each contractTypical penthouse in Golden Mile 04
200K300K2014201720202023Typical rent by year: 2014 AED 250,000; 2015 AED 260,000; 2016 AED 244,000; 2017 AED 215,000; 2018 AED 208,100; 2019 AED 205,000; 2020 AED 198,000; 2021 AED 194,846; 2022 AED 246,750; 2024 AED 340,000

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 4704 sits

All 7 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
4 Jul 20259,800,000
28 Oct 20246,218,493
1 Jun 20213,800,000
13 Dec 20202,850,000
0 penthouse sales 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 7th floor

All 84 units in Golden Mile 04
Value
4701PenthouseAED 3M · Jan 2018
4702PenthouseAED 6.22M · Oct 2024
4703PenthouseAED 3.25M · May 2009
4705PenthouseAED 2.85M · Dec 2020
4706PenthouseAED 9.8M · Jul 2025
4707PenthouseAED 3.94M · Jul 2018

4704, Golden Mile 04 in numbers

  • Sold once: by Souq Residences on 26 February 2018 for AED 7,065,000, or AED 691 per sqft.

Source: Dubai Land Department. Updated 26 February 2018.

Questions about 4704, Golden Mile 04

What did unit 4704 last sell for?

AED 7,065,000 on 26 February 2018, sold by the developer: AED 691 per sqft for 10,222 sqft. It is the only registered sale of the unit.

How big is unit 4704?

10,222 sqft (949.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 4704 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 4704, Golden Mile 04

Starts from the last sale price (AED 7.07M, 26 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 7,065,000
Deposit, UAE resident (20%)
AED 1,413,000
Deposit, non-resident (40%)
AED 2,826,000
Monthly over 25 years at 3.7%
AED 28,905

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