1-bed · 1,307 sqftGolden Mile 09, Palm Jumeirah · 4th floor · completed 2009

9404, Golden Mile 09

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9404 · DLD and Ejari recordsUpdated 18 July 2026
Last soldAED 1.05M9 July 2009
Current rentAED 115K /yr18 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9404, Golden Mile 09

What is 9404 worth today?

Last sold for AED 1,050,000 in 2009

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18 Jul 2026RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
28 Feb 2026RentedRenewal
AED 145,000/yr12 months · AED 111 per sqft
28 Feb 2026RentedRenewal
AED 145,000/yr6 months · AED 111 per sqft
28 Feb 2025RentedNew contract
AED 145,000/yr12 months · AED 111 per sqft
15 Jul 2024RentedRenewal
AED 150,000/yr12 months · AED 115 per sqft
15 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 115 per sqft
31 Mar 2022RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
31 Mar 2021RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 18 July 2026.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
4th of 7
Parking
Building 9- B3-03
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.05M · July 2009

About 9404, Golden Mile 09

9404 is a one-bedroom apartment of 1,307 sqft on the 4th floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 9 July 2009 for AED 1,050,000, or AED 803 per sqft, 28% below the AED 1,120 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 18 July 2026, is AED 115,000 a year: a gross yield of 10.9% on the 2009 price, before the service charge of about AED 20,200 a year.

Sales and rents for 9404 over time

Sales
Unit 9404, 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, July 2009: AED 1,050,000 (AED 803 per sqft)

9404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 9404, 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, March 2017: AED 125,000 a yearNew contract, March 2020: AED 85,000 a yearRenewal, March 2021: AED 75,000 a yearRenewal, March 2022: AED 80,000 a yearNew contract, July 2023: AED 150,000 a yearRenewal, July 2024: AED 150,000 a yearNew contract, February 2025: AED 145,000 a yearRenewal, February 2026: AED 145,000 a yearRenewal, February 2026: AED 145,000 a yearNew contract, July 2026: AED 115,000 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 9404 sits

All 18 1-beds →

9404 last sold in July 2009 at AED 803 per sqft, 28% below what one-beds in Golden Mile 09 were fetching at the time (AED 1,120). 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. 9404's AED 115,000 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 →

Other units on the 4th floor

All 72 units in Golden Mile 09
Value
94011-bedAED 1.56M · Sep 2015
94022-bedAED 2.1M · Jul 2017
94032-bedAED 4.03M · Aug 2025
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

9404, Golden Mile 09 in numbers

  • Sold once: by Souq Residences on 9 July 2009 for AED 1,050,000, or AED 803 per sqft.
  • Rented since March 2017 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 75,000 in 2021 and recovered to AED 115,000 by July 2026.
  • At AED 115,000 a year the gross yield on the 2009 price is 10.9%, 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 18 July 2026.

Questions about 9404, Golden Mile 09

What did unit 9404 last sell for?

AED 1,050,000 on 9 July 2009, sold by the developer: AED 803 per sqft for 1,307 sqft. It is the only registered sale of the unit.

What is the rent for unit 9404?

AED 115,000 a year on the contract signed on 18 July 2026. The previous contract, from February 2026, was AED 145,000; the unit has been rented since March 2017.

How big is unit 9404?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 9404 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 9404, Golden Mile 09

Starts from the last sale price (AED 1.05M, 9 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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