Penthouse · 4,442 sqftGolden Mile 04, Palm Jumeirah · 7th floor · completed 2009

4706, Golden Mile 04

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4706 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 9.8M4 July 2025
Current rentAED 190K /yr21 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4706, Golden Mile 04

What is 4706 worth today?

Last sold for AED 9,800,000 in 2025

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4 Jul 2025SoldReady
AED 9,800,000AED 2,206 per sqft
21 Sep 2021RentedRenewal
AED 190,017/yr9 months · AED 43 per sqft
1 Jun 2021SoldReady
AED 3,800,000AED 855 per sqft
21 Sep 2020RentedRenewal
AED 190,000/yr12 months · AED 43 per sqft
21 Sep 2019RentedRenewal
AED 200,000/yr12 months · AED 45 per sqft
6 Sep 2018RentedNew contract
AED 211,200/yr12 months · AED 48 per sqft
24 Aug 2017RentedRenewal
AED 225,132/yr12 months · AED 51 per sqft
28 Nov 2016Sold by developerReady
AED 4,029,000AED 906 per sqft

Source: Dubai Land Department. Updated 4 July 2025.

Key facts

Type
Penthouse apartment
Size
4,442 sqft
Floor
7th of 7
Parking
Building 4-B3-57, Building 4-B3-58
Developer
Souq Residences
Completed
2009
Service charge
AED 68,800 /yr
Last sold
AED 9.8M · July 2025

About 4706, Golden Mile 04

4706 is a penthouse of 4,442 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 4 July 2025 for AED 9,800,000, or AED 2,206 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 21 September 2021, is AED 190,017 a year: a gross yield of 1.9% on the 2025 price, before the service charge of about AED 68,800 a year.

Sales and rents for 4706 over time

Sales
Unit 4706, each saleTypical penthouse in Golden Mile 04
5M10M2009201420192024Typical sale price by year: 2009 AED 3,350,000; 2018 AED 3,940,000Sold by developer, November 2016: AED 4,029,000 (AED 906 per sqft)Sold, June 2021: AED 3,800,000 (AED 855 per sqft)Sold, July 2025: AED 9,800,000 (AED 2,206 per sqft)

4706 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 4706, 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 340,000New contract, July 2014: AED 264,500 a yearNew contract, July 2015: AED 264,500 a yearNew contract, August 2016: AED 255,000 a yearRenewal, August 2017: AED 225,132 a yearNew contract, September 2018: AED 211,200 a yearRenewal, September 2019: AED 200,000 a yearRenewal, September 2020: AED 190,000 a yearRenewal, September 2021: AED 190,017 a year

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 4706 sits

All 7 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
28 Oct 20246,218,493
13 Dec 20202,850,000
19 Jul 20183,940,000
26 Feb 20187,065,000
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
4704PenthouseAED 7.07M · Feb 2018
4705PenthouseAED 2.85M · Dec 2020
4707PenthouseAED 3.94M · Jul 2018

4706, Golden Mile 04 in numbers

  • Sold 3 times: first on 28 November 2016 for AED 4,029,000, last on 4 July 2025 for AED 9,800,000 (AED 2,206 per sqft).
  • Rented since July 2014 on 8 Ejari contracts, from AED 264,500 to AED 190,017 a year.
  • At AED 190,017 a year the gross yield on the 2025 price is 1.9%, before a service charge of about AED 68,800 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 4 July 2025.

Questions about 4706, Golden Mile 04

What did unit 4706 last sell for?

AED 9,800,000 on 4 July 2025: AED 2,206 per sqft for 4,442 sqft. The unit has 3 registered sales; the first was AED 4,029,000 in November 2016.

What is the rent for unit 4706?

AED 190,017 a year on the contract renewed on 21 September 2021. The previous contract, from September 2020, was AED 190,000; the unit has been rented since July 2014.

How big is unit 4706?

4,442 sqft (412.7 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.

What is unit 4706 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 4706, Golden Mile 04

Starts from the last sale price (AED 9.8M, 4 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 9,800,000
Deposit, UAE resident (20%)
AED 1,960,000
Deposit, non-resident (40%)
AED 3,920,000
Monthly over 25 years at 3.7%
AED 40,095

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