1-bed · 1,307 sqftGolden Mile 09, Palm Jumeirah · 2nd floor · completed 2009

9204, Golden Mile 09

Sold prices and rental history: sold 3 times, last in November 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9204 · DLD and Ejari recordsUpdated 28 August 2022
Last soldAED 1.53M5 November 2015
Current rentAED 84K /yr28 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9204, Golden Mile 09

What is 9204 worth today?

Last sold for AED 1,530,000 in 2015

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28 Aug 2022RentedRenewal
AED 84,000/yr12 months · AED 64 per sqft
15 Aug 2021RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
15 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 54 per sqft
14 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
31 Dec 2018RentedNew contract
AED 95,000/yr12 months · AED 73 per sqft
31 Dec 2017RentedNew contract
AED 112,000/yr12 months · AED 86 per sqft
5 Nov 2015SoldOff-plan
AED 1,530,000AED 1,170 per sqft
18 Apr 2010SoldOff-plan
AED 1,175,000AED 899 per sqft

Source: Dubai Land Department. Updated 28 August 2022.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
2nd of 7
Parking
Building 9- B3-05
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.53M · November 2015

About 9204, Golden Mile 09

9204 is a one-bedroom apartment of 1,307 sqft on the 2nd floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 5 November 2015 for AED 1,530,000, or AED 1,170 per sqft, in line with the AED 1,195 one-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 28 August 2022, is AED 84,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 9204 over time

Sales
Unit 9204, each saleTypical one-bed in Golden Mile 09
1M1.25M1.5M2009201220152018Typical 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, August 2009: AED 1,071,000 (AED 819 per sqft)Sold, April 2010: AED 1,175,000 (AED 899 per sqft)Sold, November 2015: AED 1,530,000 (AED 1,170 per sqft)

9204 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 9204, 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 2017: AED 112,000 a yearNew contract, December 2018: AED 95,000 a yearNew contract, January 2020: AED 80,000 a yearNew contract, August 2020: AED 70,000 a yearRenewal, August 2021: AED 80,000 a yearRenewal, August 2022: AED 84,000 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 9204 sits

All 18 1-beds →

9204 last sold in November 2015 at AED 1,170 per sqft, in line with what one-beds in Golden Mile 09 were fetching at the time (AED 1,195). 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. 9204's AED 84,000 is at the bottom 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
5.2%
Golden Mile 09, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 72 units in Golden Mile 09
Value
92011-bedAED 1.41M · May 2022
92032-bedAED 2.2M · Jul 2022
92052-bedAED 1.7M · May 2009
92061-bedAED 1.54M · Jun 2022
92072-bedAED 1.28M · Apr 2011
92083-bedAED 4.55M · Jun 2023
92092-bedAED 4.1M · Jun 2025
1–7 of 10

9204, Golden Mile 09 in numbers

  • Sold 3 times: first on 5 August 2009 for AED 1,071,000, last on 5 November 2015 for AED 1,530,000 (AED 1,170 per sqft).
  • Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 112,000 to AED 70,000 in 2020 and recovered to AED 84,000 by August 2022.
  • At AED 84,000 a year the gross yield on the 2015 price is 5.5%, before a service charge of about AED 20,200 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 28 August 2022.

Questions about 9204, Golden Mile 09

What did unit 9204 last sell for?

AED 1,530,000 on 5 November 2015: AED 1,170 per sqft for 1,307 sqft. The unit has 3 registered sales; the first was AED 1,071,000 in August 2009.

What is the rent for unit 9204?

AED 84,000 a year on the contract renewed on 28 August 2022. The previous contract, from August 2021, was AED 80,000; the unit has been rented since December 2017.

How big is unit 9204?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2009.

What is unit 9204 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 9204, Golden Mile 09

Starts from the last sale price (AED 1.53M, 5 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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