2-bed · 1,788 sqftGolden Mile 09, Palm Jumeirah · 3rd floor · completed 2009

9309, Golden Mile 09

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9309 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 3.35M25 January 2024
Current rentAED 120K /yr18 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9309, Golden Mile 09

What is 9309 worth today?

Last sold for AED 3,350,000 in 2024

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25 Jan 2024SoldReady
AED 3,350,000AED 1,873 per sqft
18 Jan 2022RentedNew contract
AED 120,000/yr12 months · AED 67 per sqft
18 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
26 Dec 2019RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
18 Feb 2018RentedRenewal
AED 176,000/yr12 months · AED 98 per sqft
18 Feb 2017RentedNew contract
AED 176,000/yr12 months · AED 98 per sqft
13 Mar 2011Sold by developerOff-plan
AED 1,400,000AED 783 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
3rd of 7
Parking
Building 9-B3-77
Developer
Souq Residences
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 3.35M · January 2024

About 9309, Golden Mile 09

9309 is a two-bedroom apartment of 1,788 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 25 January 2024 for AED 3,350,000, or AED 1,873 per sqft, 24% above the AED 1,513 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 18 January 2022, is AED 120,000 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 27,700 a year.

Sales and rents for 9309 over time

Sales
Unit 9309, 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, March 2011: AED 1,400,000 (AED 783 per sqft)Sold, January 2024: AED 3,350,000 (AED 1,873 per sqft)

9309 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9309, 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, February 2017: AED 176,000 a yearRenewal, February 2018: AED 176,000 a yearNew contract, December 2019: AED 105,000 a yearNew contract, January 2021: AED 100,000 a yearNew contract, January 2022: AED 120,000 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 9309 sits

All 42 2-beds →

9309 last sold in January 2024 at AED 1,873 per sqft, 24% above what two-beds in Golden Mile 09 were fetching at the time (AED 1,513). 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. 9309's AED 120,000 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
5.3%
Golden Mile 09, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 72 units in Golden Mile 09
Value
93022-bedAED 2.35M · Jun 2023
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
93102-bedAED 2.55M · Apr 2023
1–7 of 9

9309, Golden Mile 09 in numbers

  • Sold twice: first on 13 March 2011 for AED 1,400,000, last on 25 January 2024 for AED 3,350,000 (AED 1,873 per sqft).
  • Rented since February 2017 on 5 Ejari contracts. The rent fell from AED 176,000 to AED 100,000 in 2021 and recovered to AED 120,000 by January 2022.
  • At AED 120,000 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 27,700 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 25 January 2024.

Questions about 9309, Golden Mile 09

What did unit 9309 last sell for?

AED 3,350,000 on 25 January 2024: AED 1,873 per sqft for 1,788 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in March 2011.

What is the rent for unit 9309?

AED 120,000 a year on the contract signed on 18 January 2022. The previous contract, from January 2021, was AED 100,000; the unit has been rented since February 2017.

How big is unit 9309?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2009.

What is unit 9309 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 9309, Golden Mile 09

Starts from the last sale price (AED 3.35M, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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