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2-bed · 2,393 sqftGolden Mile 09, Palm Jumeirah · 1st floor · completed 2009

9102, Golden Mile 09

Sold prices and rental history: sold once, by the developer in January 2010, and rented once, from April 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9102 · DLD and Ejari recordsUpdated 12 April 2016
Last soldAED 1.6M10 January 2010
Current rentAED 155K /yr12 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 9102, Golden Mile 09

What is 9102 worth today?

Last sold for AED 1,600,000 in 2010

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12 Apr 2016RentedNew contract
AED 155,000/yr12 months · AED 65 per sqft
10 Jan 2010Sold by developerOff-plan
AED 1,600,000AED 668 per sqft

Source: Dubai Land Department. Updated 12 April 2016.

Key facts

Type
2-bed apartment
Size
2,393 sqft
Floor
1st of 7
Parking
Building 9- B3-14
Developer
Souq Residences
Completed
2009
Service charge
AED 37,100 /yr
Last sold
AED 1.6M · January 2010
Building
Golden Mile 09

About 9102, Golden Mile 09

9102 is a two-bedroom apartment of 2,393 sqft on the 1st floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 10 January 2010 for AED 1,600,000, or AED 668 per sqft, 33% below the AED 998 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 April 2016. The current contract, signed on 12 April 2016, is AED 155,000 a year: a gross yield of 9.7% on the 2010 price, before the service charge of about AED 37,100 a year.

Sales and rents for 9102 over time

Sales
Unit 9102, each saleTypical two-bed in Golden Mile 09
2M4M2009201420192024Typical sale price by year: 2009 AED 1,950,000; 2011 AED 1,450,000; 2012 AED 1,500,000; 2013 AED 1,875,000; 2014 AED 2,500,000; 2015 AED 2,225,000; 2016 AED 2,180,000; 2017 AED 2,200,000; 2020 AED 1,265,000; 2021 AED 1,837,500; 2022 AED 1,945,866; 2023 AED 2,725,000; 2024 AED 3,150,000; 2025 AED 4,027,500; 2026 AED 3,800,000Sold by developer, January 2010: AED 1,600,000 (AED 668 per sqft)

9102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9102, each contractTypical two-bed in Golden Mile 09
100K150K200K2016201920222025Typical rent by year: 2016 AED 155,000; 2017 AED 145,000; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 140,500; 2024 AED 190,000; 2025 AED 210,000; 2026 AED 187,500New contract, April 2016: AED 155,000 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 09, and where 9102 sits

All 42 2-beds →

9102 last sold in January 2010 at AED 668 per sqft, 33% below what two-beds in Golden Mile 09 were fetching at the time (AED 998). Over the last 12 months two-beds sold for AED 3,000,000 to 4,200,000, around AED 1,889 per sqft, and rent for AED 152,030 to 290,000 a year. 9102's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20263,800,000
25 Aug 20264,200,000
10 Apr 20263,800,000
8 Dec 20253,000,000
4 2-bed sales in the last 12 months

Golden Mile 09

Building

72 apartments, 1-bed to 4-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 6 sold in the last 12 months.

Typical price per sqft
AED 1,975
Typical sale
AED 3.8M
Typical rent
AED 185K /yr
Typical yield
5.2%
Golden Mile 09, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 72 units in Golden Mile 09
Value
91011-bedAED 1.55M · Dec 2017
91032-bedAED 2.9M · Jan 2024
91041-bedAED 985K · Feb 2020
91052-bedAED 1.9M · May 2022
91061-bedAED 2.05M · May 2024
91072-bedAED 1.53M · Aug 2009
91092-bedAED 4.2M · Aug 2026
1–7 of 9

9102, Golden Mile 09 in numbers

  • Sold once: by Souq Residences on 10 January 2010 for AED 1,600,000, or AED 668 per sqft.
  • Rented since April 2016 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2010 price is 9.7%, before a service charge of about AED 37,100 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 09 sold for AED 3,000,000–4,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,975 per sqft.

Source: Dubai Land Department. Updated 12 April 2016.

Questions about 9102, Golden Mile 09

What did unit 9102 last sell for?

AED 1,600,000 on 10 January 2010, sold by the developer: AED 668 per sqft for 2,393 sqft. It is the only registered sale of the unit.

What is the rent for unit 9102?

AED 155,000 a year on the contract signed on 12 April 2016.

How big is unit 9102?

2,393 sqft (222.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 9102 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 09 sold for AED 3,000,000 to 4,200,000 in the last 12 months, around AED 1,889 per sqft.

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Mortgage on 9102, Golden Mile 09

Starts from the last sale price (AED 1.6M, 10 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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