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

9502, Golden Mile 09

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9502 · DLD and Ejari recordsUpdated 21 July 2024
Last soldAED 2.35M29 March 2017
Current rentAED 212K /yr21 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 9502, Golden Mile 09

What is 9502 worth today?

Last sold for AED 2,350,000 in 2017

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21 Jul 2024RentedRenewal
AED 211,765/yr11 months · AED 112 per sqft
1 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 33 per sqft
1 Aug 2021RentedRenewal
AED 88,200/yr12 months · AED 49 per sqft
15 Jul 2020RentedNew contract
AED 85,000/yr13 months · AED 47 per sqft
14 May 2019RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
29 Mar 2017SoldReady
AED 2,350,000AED 1,306 per sqft
21 May 2009Sold by developerOff-plan
AED 1,843,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 21 July 2024.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Parking
Building 9- B3-13
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2.35M · March 2017
Building
Golden Mile 09

About 9502, Golden Mile 09

9502 is a two-bedroom apartment of 1,799 sqft of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 29 March 2017 for AED 2,350,000, or AED 1,306 per sqft, 8% above the AED 1,207 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 21 July 2024, is AED 211,765 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 27,900 a year.

Sales and rents for 9502 over time

Sales
Unit 9502, 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 1,843,000 (AED 1,024 per sqft)Sold, March 2017: AED 2,350,000 (AED 1,306 per sqft)

9502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9502, each contractTypical two-bed in Golden Mile 09
100K200K2016201920222025Typical 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, May 2019: AED 115,000 a yearNew contract, July 2020: AED 85,000 a yearRenewal, August 2021: AED 88,200 a yearNew contract, February 2022: AED 60,000 a yearRenewal, July 2024: AED 211,765 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 9502 sits

All 42 2-beds →

9502 last sold in March 2017 at AED 1,306 per sqft, 8% above what two-beds in Golden Mile 09 were fetching at the time (AED 1,207). 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. 9502's AED 211,765 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
5.2%
Golden Mile 09, Palm Jumeirah: prices, sales and rents →

9502, Golden Mile 09 in numbers

  • Sold twice: first on 21 May 2009 for AED 1,843,000, last on 29 March 2017 for AED 2,350,000 (AED 1,306 per sqft).
  • Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2022 and recovered to AED 211,765 by July 2024.
  • At AED 211,765 a year the gross yield on the 2017 price is 9.0%, before a service charge of about AED 27,900 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 July 2024.

Questions about 9502, Golden Mile 09

What did unit 9502 last sell for?

AED 2,350,000 on 29 March 2017: AED 1,306 per sqft for 1,799 sqft. The unit has 2 registered sales; the first was AED 1,843,000 in May 2009.

What is the rent for unit 9502?

AED 211,765 a year on the contract renewed on 21 July 2024. The previous contract, from February 2022, was AED 60,000; the unit has been rented since May 2019.

How big is unit 9502?

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

What is unit 9502 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 9502, Golden Mile 09

Starts from the last sale price (AED 2.35M, 29 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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