2-bed · 1,888 sqftGolden Mile 09, Palm Jumeirah · 4th floor · completed 2009

9407, Golden Mile 09

Sold prices and rental history: sold 3 times, last in February 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9407 · DLD and Ejari recordsUpdated 21 October 2025
Last soldAED 1.33M23 February 2021
Current rentAED 195K /yr21 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9407, Golden Mile 09

What is 9407 worth today?

Last sold for AED 1,325,000 in 2021

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21 Oct 2025RentedNew contract
AED 195,000/yr12 months · AED 104 per sqft
10 Aug 2024RentedNew contract
AED 190,000/yr12 months · AED 101 per sqft
25 May 2023RentedRenewal
AED 147,000/yr12 months · AED 78 per sqft
25 May 2022RentedNew contract
AED 140,000/yr12 months · AED 74 per sqft
23 Feb 2021SoldReady
AED 1,325,000AED 701 per sqft
16 Dec 2020RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 5 per sqft
3 Oct 2019RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
3 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 21 October 2025.

Key facts

Type
2-bed apartment
Size
1,888 sqft
Floor
4th of 7
Parking
Building 9- B3-39
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.33M · February 2021

About 9407, Golden Mile 09

9407 is a two-bedroom apartment of 1,888 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 23 February 2021 for AED 1,325,000, or AED 701 per sqft, in line with the AED 704 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 21 October 2025, is AED 195,000 a year: a gross yield of 14.7% on the 2021 price, before the service charge of about AED 29,200 a year.

Sales and rents for 9407 over time

Sales
Unit 9407, 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 2,115,000 (AED 1,120 per sqft)Sold, February 2014: AED 2,600,000 (AED 1,377 per sqft)Sold, February 2021: AED 1,325,000 (AED 701 per sqft)

9407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9407, 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, April 2017: AED 130,000 a yearRenewal, April 2018: AED 130,000 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: AED 110,000 a yearNew contract, May 2022: AED 140,000 a yearRenewal, May 2023: AED 147,000 a yearNew contract, August 2024: AED 190,000 a yearNew contract, October 2025: AED 195,000 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 9407 sits

All 42 2-beds →

9407 last sold in February 2021 at AED 701 per sqft, in line with what two-beds in Golden Mile 09 were fetching at the time (AED 704). 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. 9407's AED 195,000 is in the lower half 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 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
94041-bedAED 1.05M · Jul 2009
94052-bedAED 1.83M · Feb 2022
94061-bedAED 1.23M · Feb 2019
94083-bedAED 2.7M · Mar 2019
1–7 of 11

9407, Golden Mile 09 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 2,115,000, last on 23 February 2021 for AED 1,325,000 (AED 701 per sqft).
  • Rented since April 2017 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 10,000 in 2020 and recovered to AED 195,000 by October 2025.
  • At AED 195,000 a year the gross yield on the 2021 price is 14.7%, before a service charge of about AED 29,200 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 21 October 2025.

Questions about 9407, Golden Mile 09

What did unit 9407 last sell for?

AED 1,325,000 on 23 February 2021: AED 701 per sqft for 1,888 sqft. The unit has 3 registered sales; the first was AED 2,115,000 in May 2009.

What is the rent for unit 9407?

AED 195,000 a year on the contract signed on 21 October 2025. The previous contract, from August 2024, was AED 190,000; the unit has been rented since April 2017.

How big is unit 9407?

1,888 sqft (175.4 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.

What is unit 9407 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 9407, Golden Mile 09

Starts from the last sale price (AED 1.33M, 23 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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