2-bed · 1,788 sqftGolden Mile 06, Palm Jumeirah · 2nd floor · completed 2009

6209, Golden Mile 06

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 6209 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 2.5M16 June 2023
Current rentAED 115K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 6209, Golden Mile 06

What is 6209 worth today?

Last sold for AED 2,500,000 in 2023

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16 Jun 2023SoldReady
AED 2,500,000AED 1,398 per sqft
15 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 64 per sqft
15 Mar 2021RentedRenewal
AED 105,000/yr12 months · AED 59 per sqft
15 Mar 2020RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
7 Apr 2019RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft
7 Apr 2018RentedRenewal
AED 152,000/yr12 months · AED 85 per sqft
7 Apr 2017RentedNew contract
AED 152,000/yr12 months · AED 85 per sqft
21 May 2009Sold by developerOff-plan
AED 1,500,000AED 839 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
2nd of 7
Parking
Building 6-B3-105, Building 6-B3-106
Developer
Souq Residences
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 2.5M · June 2023

About 6209, Golden Mile 06

6209 is a two-bedroom apartment of 1,788 sqft on the 2nd floor of Golden Mile 06, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 16 June 2023 for AED 2,500,000, or AED 1,398 per sqft, 26% above the AED 1,106 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 March 2022, is AED 115,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 27,700 a year.

Sales and rents for 6209 over time

Sales
Unit 6209, each saleTypical two-bed in Golden Mile 06
2M2009201420192024Typical sale price by year: 2009 AED 1,590,000; 2012 AED 837,500; 2013 AED 1,500,000; 2014 AED 2,700,000; 2016 AED 837,500; 2019 AED 1,612,500; 2021 AED 1,687,500; 2022 AED 2,015,000; 2023 AED 2,540,000; 2024 AED 3,175,000; 2025 AED 3,200,000Sold by developer, May 2009: AED 1,500,000 (AED 839 per sqft)Sold, June 2023: AED 2,500,000 (AED 1,398 per sqft)

6209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 6209, each contractTypical two-bed in Golden Mile 06
100K150K200K2014201820222026Typical rent by year: 2014 AED 160,000; 2015 AED 155,000; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 102,000; 2022 AED 115,000; 2023 AED 131,155; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 185,000New contract, April 2017: AED 152,000 a yearRenewal, April 2018: AED 152,000 a yearNew contract, April 2019: AED 135,000 a yearNew contract, March 2020: AED 105,000 a yearRenewal, March 2021: AED 105,000 a yearRenewal, March 2022: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golden Mile 06, and where 6209 sits

All 42 2-beds →

6209 last sold in June 2023 at AED 1,398 per sqft, 26% above what two-beds in Golden Mile 06 were fetching at the time (AED 1,106). Over the last 12 months two-beds sold for AED 3,300,000 to 3,525,000, around AED 1,843 per sqft, and rent for AED 146,000 to 240,000 a year. 6209's AED 115,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20263,300,000
26 Aug 20263,525,000
6 Aug 20253,200,000
19 Feb 20253,370,000
2 2-bed sales in the last 12 months

Golden Mile 06

Building

84 apartments, 1-bed to 3-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 5 sold in the last 12 months.

Typical price per sqft
AED 1,926
Typical sale
AED 3.53M
Typical rent
AED 179K /yr
Typical yield
5.2%
Golden Mile 06, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 84 units in Golden Mile 06
Value
62011-bedAED 1.48M · Aug 2022
62022-bedAED 1.45M · May 2009
62032-bedAED 1.45M · May 2009
62041-bedAED 1.14M · May 2009
62052-bedAED 2M · Oct 2022
62061-bedAED 1.4M · Jul 2013
62072-bedAED 1.4M · May 2009
1–7 of 11

6209, Golden Mile 06 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,500,000, last on 16 June 2023 for AED 2,500,000 (AED 1,398 per sqft).
  • Rented since April 2017 on 6 Ejari contracts, from AED 152,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 27,700 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 06 sold for AED 3,300,000–3,525,000 in the 12 months to November 2026; the building's median across all types is AED 1,926 per sqft.

Source: Dubai Land Department. Updated 16 June 2023.

Questions about 6209, Golden Mile 06

What did unit 6209 last sell for?

AED 2,500,000 on 16 June 2023: AED 1,398 per sqft for 1,788 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in May 2009.

What is the rent for unit 6209?

AED 115,000 a year on the contract renewed on 15 March 2022. The previous contract, from March 2021, was AED 105,000; the unit has been rented since April 2017.

How big is unit 6209?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 6209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golden Mile 06 sold for AED 3,300,000 to 3,525,000 in the last 12 months, around AED 1,843 per sqft.

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Mortgage on 6209, Golden Mile 06

Starts from the last sale price (AED 2.5M, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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