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1-bed · 1,410 sqftGolden Mile 09, Palm Jumeirah · 1st floor · completed 2009

9104, Golden Mile 09

Sold prices and rental history: sold 3 times, last in February 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9104 · DLD and Ejari recordsUpdated 17 February 2020
Last soldAED 985K17 February 2020
Current rentAED 118K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 9104, Golden Mile 09

What is 9104 worth today?

Last sold for AED 985,000 in 2020

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17 Feb 2020SoldReady
AED 985,000AED 698 per sqft
1 Dec 2017RentedNew contract
AED 118,000/yr12 months · AED 84 per sqft
10 Aug 2017SoldReady
AED 1,200,000AED 851 per sqft
1 Dec 2016RentedNew contract
AED 127,000/yr12 months · AED 90 per sqft
31 May 2009Sold by developerOff-plan
AED 1,071,000AED 759 per sqft

Source: Dubai Land Department. Updated 17 February 2020.

Key facts

Type
1-bed apartment
Size
1,410 sqft
Floor
1st of 7
Parking
Building 9- B3-06
Developer
Souq Residences
Completed
2009
Service charge
AED 21,800 /yr
Last sold
AED 985K · February 2020
Building
Golden Mile 09

About 9104, Golden Mile 09

9104 is a one-bedroom apartment of 1,410 sqft on the 1st floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 17 February 2020 for AED 985,000, or AED 698 per sqft, 25% below the AED 936 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 December 2017, is AED 118,000 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 21,800 a year.

Sales and rents for 9104 over time

Sales
Unit 9104, each saleTypical one-bed in Golden Mile 09
1M1.5M2009201220152018Typical sale price by year: 2009 AED 1,095,000; 2011 AED 1,065,000; 2012 AED 1,025,000; 2013 AED 1,125,000; 2015 AED 1,560,000; 2017 AED 1,375,000Sold by developer, May 2009: AED 1,071,000 (AED 759 per sqft)Sold, August 2017: AED 1,200,000 (AED 851 per sqft)Sold, February 2020: AED 985,000 (AED 698 per sqft)

9104 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 9104, each contractTypical one-bed in Golden Mile 09
100K150K2016201920222025Typical rent by year: 2016 AED 120,000; 2017 AED 116,500; 2018 AED 104,471; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 73,500; 2022 AED 84,000; 2023 AED 110,000; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 117,500New contract, December 2016: AED 127,000 a yearNew contract, December 2017: AED 118,000 a year

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

1-beds in Golden Mile 09, and where 9104 sits

All 18 1-beds →

9104 last sold in February 2020 at AED 698 per sqft, 25% below what one-beds in Golden Mile 09 were fetching at the time (AED 936). Over the last 12 months one-beds sold for AED 2,650,000, around AED 2,031 per sqft, and rent for AED 110,000 to 150,000 a year. 9104's AED 118,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Mar 20262,650,000
3 Mar 20252,300,000
4 Jul 20242,250,000
6 May 20242,050,000
1 1-bed sale 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
5.3%
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
91022-bedAED 1.6M · Jan 2010
91032-bedAED 2.9M · Jan 2024
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

9104, Golden Mile 09 in numbers

  • Sold 3 times: first on 31 May 2009 for AED 1,071,000, last on 17 February 2020 for AED 985,000 (AED 698 per sqft).
  • Rented since December 2016 on 2 Ejari contracts, from AED 127,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2020 price is 12.0%, before a service charge of about AED 21,800 a year (AED 15.49 per sqft).
  • One-beds in Golden Mile 09 sold for AED 2,650,000–2,650,000 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 17 February 2020.

Questions about 9104, Golden Mile 09

What did unit 9104 last sell for?

AED 985,000 on 17 February 2020: AED 698 per sqft for 1,410 sqft. The unit has 3 registered sales; the first was AED 1,071,000 in May 2009.

What is the rent for unit 9104?

AED 118,000 a year on the contract signed on 1 December 2017. The previous contract, from December 2016, was AED 127,000.

How big is unit 9104?

1,410 sqft (131.0 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2009.

What is unit 9104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Golden Mile 09 sold for AED 2,650,000 to 2,650,000 in the last 12 months, around AED 2,031 per sqft.

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Mortgage on 9104, Golden Mile 09

Starts from the last sale price (AED 985K, 17 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 985,000
Deposit, UAE resident (20%)
AED 197,000
Deposit, non-resident (40%)
AED 394,000
Monthly over 25 years at 3.7%
AED 4,030

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