2-bed · 1,799 sqftGolden Mile 09, Palm Jumeirah · 3rd floor · completed 2009

9302, Golden Mile 09

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9302 · DLD and Ejari recordsUpdated 9 June 2023
Last soldAED 2.35M9 June 2023
Current rentAED 110K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9302, Golden Mile 09

What is 9302 worth today?

Last sold for AED 2,350,000 in 2023

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9 Jun 2023SoldReady
AED 2,350,000AED 1,305 per sqft
15 Jun 2022RentedRenewal
AED 110,000/yr12 months · AED 61 per sqft
15 Jun 2021RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
15 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 58 per sqft
15 Jun 2019RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
11 Jun 2018RentedRenewal
AED 127,000/yr12 months · AED 71 per sqft
11 Jun 2017RentedNew contract
AED 127,000/yr12 months · AED 71 per sqft
1 May 2017RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 9 June 2023.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Floor
3rd of 7
Parking
Building 9-B3-72, Building 9-B3-108
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2.35M · June 2023

About 9302, Golden Mile 09

9302 is a two-bedroom apartment of 1,799 sqft on the 3rd floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 9 June 2023 for AED 2,350,000, or AED 1,305 per sqft, 3% above the AED 1,261 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 110,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 27,900 a year.

Sales and rents for 9302 over time

Sales
Unit 9302, 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, May 2009: AED 1,757,500 (AED 976 per sqft)Sold, March 2013: AED 1,800,000 (AED 1,000 per sqft)Sold, June 2023: AED 2,350,000 (AED 1,305 per sqft)

9302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9302, each contractTypical two-bed in Golden Mile 09
100K150K200K20152018202120242027Typical 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, November 2015: AED 157,500 a yearNew contract, May 2017: AED 120,000 a yearNew contract, June 2017: AED 127,000 a yearRenewal, June 2018: AED 127,000 a yearNew contract, June 2019: AED 115,000 a yearNew contract, June 2020: AED 105,000 a yearRenewal, June 2021: AED 105,000 a yearRenewal, June 2022: AED 110,000 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 9302 sits

All 42 2-beds →

9302 last sold in June 2023 at AED 1,305 per sqft, 3% above what two-beds in Golden Mile 09 were fetching at the time (AED 1,261). 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. 9302's AED 110,000 is at the bottom 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 3rd floor

All 72 units in Golden Mile 09
Value
93032-bedAED 1.59M · Aug 2009
93052-bedAED 3M · Dec 2025
93061-bedAED 2.25M · Jul 2024
93072-bedAED 2.45M · Apr 2023
93083-bedAED 6.02M · Jan 2025
93092-bedAED 3.35M · Jan 2024
93102-bedAED 2.55M · Apr 2023
1–7 of 9

9302, Golden Mile 09 in numbers

  • Sold 3 times: first on 28 May 2009 for AED 1,757,500, last on 9 June 2023 for AED 2,350,000 (AED 1,305 per sqft).
  • Rented since November 2015 on 8 Ejari contracts, from AED 157,500 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 27,900 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 9 June 2023.

Questions about 9302, Golden Mile 09

What did unit 9302 last sell for?

AED 2,350,000 on 9 June 2023: AED 1,305 per sqft for 1,799 sqft. The unit has 3 registered sales; the first was AED 1,757,500 in May 2009.

What is the rent for unit 9302?

AED 110,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 105,000; the unit has been rented since November 2015.

How big is unit 9302?

1,799 sqft (167.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 9302 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 9302, Golden Mile 09

Starts from the last sale price (AED 2.35M, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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