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2-bed · 1,799 sqftGolden Mile 09, Palm Jumeirah · 4th floor · completed 2009

9402, Golden Mile 09

Sold prices and rental history: sold 3 times, last in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9402 · DLD and Ejari recordsUpdated 27 July 2017
Last soldAED 2.1M27 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 9402, Golden Mile 09

What is 9402 worth today?

Last sold for AED 2,100,000 in 2017

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27 Jul 2017SoldReady
AED 2,100,000AED 1,167 per sqft
12 Jan 2011SoldOff-plan
AED 1,300,000AED 722 per sqft
21 May 2009Sold by developerOff-plan
AED 1,795,500AED 998 per sqft

Source: Dubai Land Department. Updated 27 July 2017.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Floor
4th of 7
Parking
Building 9- B3-50
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2.1M · July 2017
Building
Golden Mile 09

About 9402, Golden Mile 09

9402 is a two-bedroom apartment of 1,799 sqft on the 4th floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 27 July 2017 for AED 2,100,000, or AED 1,167 per sqft, in line with the AED 1,191 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 9402 over time

Sales
Unit 9402, 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 1,795,500 (AED 998 per sqft)Sold, January 2011: AED 1,300,000 (AED 722 per sqft)Sold, July 2017: AED 2,100,000 (AED 1,167 per sqft)

9402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9402, 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 187,500

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 9402 sits

All 42 2-beds →

9402 last sold in July 2017 at AED 1,167 per sqft, in line with what two-beds in Golden Mile 09 were fetching at the time (AED 1,191). 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.

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 4th floor

All 72 units in Golden Mile 09
Value
94011-bedAED 1.56M · Sep 2015
94032-bedAED 4.03M · Aug 2025
94041-bedAED 1.05M · Jul 2009
94052-bedAED 1.83M · Feb 2022
94061-bedAED 1.23M · Feb 2019
94072-bedAED 1.33M · Feb 2021
94083-bedAED 2.7M · Mar 2019
1–7 of 11

9402, Golden Mile 09 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,795,500, last on 27 July 2017 for AED 2,100,000 (AED 1,167 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 27 July 2017.

Questions about 9402, Golden Mile 09

What did unit 9402 last sell for?

AED 2,100,000 on 27 July 2017: AED 1,167 per sqft for 1,799 sqft. The unit has 3 registered sales; the first was AED 1,795,500 in May 2009.

How big is unit 9402?

1,799 sqft (167.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 9402 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 9402, Golden Mile 09

Starts from the last sale price (AED 2.1M, 27 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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