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

9304, Golden Mile 09

Sold prices and rental history: sold twice, last in October 2015, and rented once, from February 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9304 · DLD and Ejari recordsUpdated 27 February 2017
Last soldAED 1.58M20 October 2015
Current rentAED 120K /yr27 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 9304, Golden Mile 09

What is 9304 worth today?

Last sold for AED 1,575,000 in 2015

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27 Feb 2017RentedNew contract
AED 119,644/yr12 months · AED 92 per sqft
20 Oct 2015SoldOff-plan
AED 1,575,000AED 1,205 per sqft
24 Aug 2009Sold by developerOff-plan
AED 1,072,800AED 821 per sqft

Source: Dubai Land Department. Updated 27 February 2017.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Parking
Building 9- B3-04
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.58M · October 2015
Building
Golden Mile 09

About 9304, Golden Mile 09

9304 is a one-bedroom apartment of 1,307 sqft of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 20 October 2015 for AED 1,575,000, or AED 1,205 per sqft, in line with the AED 1,200 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 February 2017. The current contract, signed on 27 February 2017, is AED 119,644 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 20,200 a year.

Sales and rents for 9304 over time

Sales
Unit 9304, 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 1,072,800 (AED 821 per sqft)Sold, October 2015: AED 1,575,000 (AED 1,205 per sqft)

9304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 9304, 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, February 2017: AED 119,644 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 9304 sits

All 18 1-beds →

9304 last sold in October 2015 at AED 1,205 per sqft, in line with what one-beds in Golden Mile 09 were fetching at the time (AED 1,200). 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. 9304's AED 119,644 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
5.2%
Golden Mile 09, Palm Jumeirah: prices, sales and rents →

9304, Golden Mile 09 in numbers

  • Sold twice: first on 24 August 2009 for AED 1,072,800, last on 20 October 2015 for AED 1,575,000 (AED 1,205 per sqft).
  • Rented since February 2017 on one Ejari contract, at AED 119,644 a year.
  • At AED 119,644 a year the gross yield on the 2015 price is 7.6%, 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 27 February 2017.

Questions about 9304, Golden Mile 09

What did unit 9304 last sell for?

AED 1,575,000 on 20 October 2015: AED 1,205 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 1,072,800 in August 2009.

What is the rent for unit 9304?

AED 119,644 a year on the contract signed on 27 February 2017.

How big is unit 9304?

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

What is unit 9304 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 9304, Golden Mile 09

Starts from the last sale price (AED 1.58M, 20 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,575,000
Deposit, UAE resident (20%)
AED 315,000
Deposit, non-resident (40%)
AED 630,000
Monthly over 25 years at 3.7%
AED 6,444

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