4707, Golden Mile 04
Sold prices and rental history: sold twice, last in July 2018, and rented once, from January 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4707, Golden Mile 04
What is 4707 worth today?
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Source: Dubai Land Department. Updated 19 July 2018.
Key facts
- Type
- Penthouse apartment
- Size
- 5,111 sqft
- Floor
- 7th of 7
- Parking
- Building 4-B3-108,109
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 79,200 /yr
- Last sold
- AED 3.94M · July 2018
- Building
- Golden Mile 04
About 4707, Golden Mile 04
4707 is a penthouse of 5,111 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 19 July 2018 for AED 3,940,000, or AED 770 per sqft, 11% above the AED 691 penthouses in the building were fetching at the time.
One Ejari contract is registered, from 18 January 2015. The current contract, signed on 18 January 2015, is AED 260,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 79,200 a year.
Sales and rents for 4707 over time
4707 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 4707 sits
All 7 penthouses →4707 last sold in July 2018 at AED 770 per sqft, 11% above what penthouses in Golden Mile 04 were fetching at the time (AED 691).
| 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 | |||||
|---|---|---|---|---|---|
| 4701 | Penthouse | 4,882 sqft | AED 3MAED 3,000,000 · Jan 2018January 2018 | 380,000 /yr | |
| 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, Golden Mile 04 in numbers
- Sold twice: first on 28 May 2009 for AED 4,037,500, last on 19 July 2018 for AED 3,940,000 (AED 770 per sqft).
- Rented since January 2015 on one Ejari contract, at AED 260,000 a year.
- At AED 260,000 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 79,200 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 19 July 2018.
Questions about 4707, Golden Mile 04
What did unit 4707 last sell for?
AED 3,940,000 on 19 July 2018: AED 770 per sqft for 5,111 sqft. The unit has 2 registered sales; the first was AED 4,037,500 in May 2009.
What is the rent for unit 4707?
AED 260,000 a year on the contract signed on 18 January 2015.
How big is unit 4707?
5,111 sqft (474.8 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 4707 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 4707, Golden Mile 04
Starts from the last sale price (AED 3.94M, 19 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 3,940,000
- Deposit, UAE resident (20%)
- AED 788,000
- Deposit, non-resident (40%)
- AED 1,576,000
- Monthly over 25 years at 3.7%
- AED 16,120
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →