2-bed · 1,800 sqftGolden Mile 09, Palm Jumeirah · 5th floor · completed 2009

9503, Golden Mile 09

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9503 · DLD and Ejari recordsUpdated 6 April 2026
Last soldAED 1.99M21 May 2009
Current rentAED 185K /yr6 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9503, Golden Mile 09

What is 9503 worth today?

Last sold for AED 1,990,000 in 2009

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6 Apr 2026RentedNew contract
AED 185,000/yr12 months · AED 103 per sqft
6 Apr 2025RentedRenewal
AED 178,000/yr12 months · AED 99 per sqft
6 Apr 2025RentedRenewal
AED 178,000/yr12 months · AED 99 per sqft
6 Apr 2024RentedRenewal
AED 170,000/yr12 months · AED 95 per sqft
26 Jul 2023RentedRenewal
AED 115,395/yr8 months · AED 64 per sqft
27 Jul 2022RentedRenewal
AED 110,306/yr12 months · AED 61 per sqft
27 Jul 2021RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
27 Jul 2020RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 6 April 2026.

Key facts

Type
2-bed apartment
Size
1,800 sqft
Floor
5th of 7
Parking
Building 9-B3-08
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 1.99M · May 2009

About 9503, Golden Mile 09

9503 is a two-bedroom apartment of 1,800 sqft on the 5th floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 1,990,000, or AED 1,105 per sqft, 5% above the AED 1,054 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 6 April 2026, is AED 185,000 a year: a gross yield of 9.3% on the 2009 price, before the service charge of about AED 27,900 a year.

Sales and rents for 9503 over time

Sales
Unit 9503, 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 1,990,000 (AED 1,105 per sqft)

9503 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9503, 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, July 2016: AED 150,000 a yearRenewal, July 2017: AED 150,000 a yearRenewal, July 2018: AED 140,000 a yearRenewal, July 2019: AED 120,000 a yearRenewal, July 2020: AED 100,000 a yearRenewal, July 2021: AED 100,000 a yearRenewal, July 2022: AED 110,306 a yearRenewal, July 2023: AED 115,395 a yearRenewal, April 2024: AED 170,000 a yearRenewal, April 2025: AED 178,000 a yearRenewal, April 2025: AED 178,000 a yearNew contract, April 2026: AED 185,000 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 9503 sits

All 42 2-beds →

9503 last sold in May 2009 at AED 1,105 per sqft, 5% above what two-beds in Golden Mile 09 were fetching at the time (AED 1,054). 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. 9503's AED 185,000 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
5.2%
Golden Mile 09, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 72 units in Golden Mile 09
Value
95011-bedAED 2.65M · Mar 2026
95041-bedAED 1.2M · Jan 2020
95052-bedAED 3.15M · Nov 2024
95061-bedAED 1.85M · May 2009
95072-bedAED 2.75M · Jun 2024
95083-bedAED 3.3M · Jul 2018
95092-bedAED 3M · Jun 2023
1–7 of 10

9503, Golden Mile 09 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,990,000, or AED 1,105 per sqft.
  • Rented since July 2016 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2021 and recovered to AED 185,000 by April 2026.
  • At AED 185,000 a year the gross yield on the 2009 price is 9.3%, 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 6 April 2026.

Questions about 9503, Golden Mile 09

What did unit 9503 last sell for?

AED 1,990,000 on 21 May 2009, sold by the developer: AED 1,105 per sqft for 1,800 sqft. It is the only registered sale of the unit.

What is the rent for unit 9503?

AED 185,000 a year on the contract signed on 6 April 2026. The previous contract, from April 2025, was AED 178,000; the unit has been rented since July 2016.

How big is unit 9503?

1,800 sqft (167.2 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 9503 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 9503, Golden Mile 09

Starts from the last sale price (AED 1.99M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,990,000
Deposit, UAE resident (20%)
AED 398,000
Deposit, non-resident (40%)
AED 796,000
Monthly over 25 years at 3.7%
AED 8,142

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