9408, Golden Mile 09
Sold prices and rental history: sold twice, last in March 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 9408, Golden Mile 09
What is 9408 worth today?
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Source: Dubai Land Department. Updated 17 March 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 3,328 sqft
- Floor
- 4th of 7
- Parking
- Building 9- B3-86, 87
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 51,500 /yr
- Last sold
- AED 2.7M · March 2019
- Building
- Golden Mile 09
About 9408, Golden Mile 09
9408 is a three-bedroom apartment of 3,328 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 17 March 2019 for AED 2,700,000, or AED 811 per sqft, 9% below the AED 890 three-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 1 October 2018, is AED 200,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 51,500 a year.
Sales and rents for 9408 over time
9408 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Golden Mile 09, and where 9408 sits
All 14 3-beds →9408 last sold in March 2019 at AED 811 per sqft, 9% below what three-beds in Golden Mile 09 were fetching at the time (AED 890). Over the last 12 months three-beds sold for AED 9,000,000, around AED 1,919 per sqft, and rent for AED 187,000 to 450,000 a year. 9408's AED 200,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Mar 20265 March 2026 | 4,688 sqft | 9,000,000 | 1,919 | ||
| 12 Aug 202512 August 2025 | 2,864 sqft | 5,300,000 | 1,850 | ||
| 6 Feb 20256 February 2025 | 2,414 sqft | 5,100,000 | 2,112 | ||
| 10 Jan 202510 January 2025 | 3,330 sqft | 6,018,000 | 1,807 |
Golden Mile 09
Building72 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%
Other units on the 4th floor
All 72 units in Golden Mile 09| ValueToday's value | |||||
|---|---|---|---|---|---|
| 9401 | 1-bed | 1,305 sqft | AED 1.56MAED 1,560,000 · Sep 2015September 2015 | 135,000 /yr | |
| 9402 | 2-bed | 1,799 sqft | AED 2.1MAED 2,100,000 · Jul 2017July 2017 | ||
| 9403 | 2-bed | 1,800 sqft | AED 4.03MAED 4,025,000 · Aug 2025August 2025 | 270,000 /yr | |
| 9404 | 1-bed | 1,307 sqft | AED 1.05MAED 1,050,000 · Jul 2009July 2009 | 115,000 /yr | |
| 9405 | 2-bed | 1,807 sqft | AED 1.83MAED 1,825,000 · Feb 2022February 2022 | 100,000 /yr | |
| 9406 | 1-bed | 1,290 sqft | AED 1.23MAED 1,230,000 · Feb 2019February 2019 | 120,000 /yr | |
| 9407 | 2-bed | 1,888 sqft | AED 1.33MAED 1,325,000 · Feb 2021February 2021 | 195,000 /yr | |
| 9409 | 2-bed | 1,788 sqft | AED 4.3MAED 4,300,000 · Jun 2025June 2025 | 210,000 /yr | |
| 9410 | 2-bed | 1,794 sqft | AED 4MAED 4,000,000 · Mar 2025March 2025 | 115,162 /yr | |
| 9411 | 2-bed | 1,794 sqft | AED 1.85MAED 1,850,000 · May 2013May 2013 | 191,597 /yr | |
| 9412 | 3-bed | 2,414 sqft | AED 5.1MAED 5,100,000 · Feb 2025February 2025 |
9408, Golden Mile 09 in numbers
- Sold twice: first on 21 May 2009 for AED 3,250,000, last on 17 March 2019 for AED 2,700,000 (AED 811 per sqft).
- Rented since October 2016 on 3 Ejari contracts, from AED 220,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 51,500 a year (AED 15.49 per sqft).
- Three-beds in Golden Mile 09 sold for AED 9,000,000–9,000,000 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 17 March 2019.
Questions about 9408, Golden Mile 09
What did unit 9408 last sell for?
AED 2,700,000 on 17 March 2019: AED 811 per sqft for 3,328 sqft. The unit has 2 registered sales; the first was AED 3,250,000 in May 2009.
What is the rent for unit 9408?
AED 200,000 a year on the contract renewed on 1 October 2018. The previous contract, from October 2017, was AED 220,000; the unit has been rented since October 2016.
How big is unit 9408?
3,328 sqft (309.2 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2009.
What is unit 9408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 09 sold for AED 9,000,000 to 9,000,000 in the last 12 months, around AED 1,919 per sqft.
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Mortgage on 9408, Golden Mile 09
Starts from the last sale price (AED 2.7M, 17 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,700,000
- Deposit, UAE resident (20%)
- AED 540,000
- Deposit, non-resident (40%)
- AED 1,080,000
- Monthly over 25 years at 3.7%
- AED 11,047
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →