1-bed · 1,307 sqftGolden Mile 09, Palm Jumeirah · 6th floor · completed 2009

9604, Golden Mile 09

Sold prices and rental history: sold 4 times, last in January 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9604 · DLD and Ejari recordsUpdated 3 January 2023
Last soldAED 1.62M3 January 2023
Current rentAED 80K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9604, Golden Mile 09

What is 9604 worth today?

Last sold for AED 1,620,000 in 2023

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3 Jan 2023SoldReady
AED 1,620,000AED 1,239 per sqft
10 Oct 2022RentedNew contract
AED 80,393/yr4 months · AED 62 per sqft
4 Sep 2022RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
4 Sep 2021RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft
4 Sep 2020RentedNew contract
AED 69,000/yr12 months · AED 53 per sqft
20 Dec 2018SoldReady
AED 1,350,000AED 1,033 per sqft
12 May 2018RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
14 May 2015SoldOff-plan
AED 1,600,000AED 1,224 per sqft

Source: Dubai Land Department. Updated 3 January 2023.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
6th of 7
Parking
Building 9-B3-01
Developer
Souq Residences
Completed
2009
Service charge
AED 20,200 /yr
Last sold
AED 1.62M · January 2023

About 9604, Golden Mile 09

9604 is a one-bedroom apartment of 1,307 sqft on the 6th floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 3 January 2023 for AED 1,620,000, or AED 1,239 per sqft, 4% above the AED 1,194 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 October 2022, is AED 80,393 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 20,200 a year.

Sales and rents for 9604 over time

Sales
Unit 9604, each saleTypical one-bed in Golden Mile 09
1M1.5M2009201320172021Typical 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, March 2011: AED 1,065,000 (AED 815 per sqft)Sold, May 2015: AED 1,600,000 (AED 1,224 per sqft)Sold, December 2018: AED 1,350,000 (AED 1,033 per sqft)Sold, January 2023: AED 1,620,000 (AED 1,239 per sqft)

9604 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 9604, 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, May 2018: AED 120,000 a yearNew contract, September 2020: AED 69,000 a yearNew contract, September 2021: AED 72,000 a yearRenewal, September 2022: AED 80,000 a yearNew contract, October 2022: AED 80,393 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 9604 sits

All 18 1-beds →

9604 last sold in January 2023 at AED 1,239 per sqft, 4% above what one-beds in Golden Mile 09 were fetching at the time (AED 1,194). 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. 9604's AED 80,393 is at the bottom 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 6th floor

All 72 units in Golden Mile 09
Value
96011-bedAED 1.7M · Feb 2023
96022-bedAED 2.4M · Nov 2013
96032-bedAED 1.6M · Jan 2019
96052-bedAED 2.2M · Nov 2017
96061-bedAED 2.3M · Mar 2025
96072-bedAED 1.9M · Oct 2017
96092-bedAED 1.75M · Nov 2011
1–7 of 10

9604, Golden Mile 09 in numbers

  • Sold 4 times: first on 8 March 2011 for AED 1,065,000, last on 3 January 2023 for AED 1,620,000 (AED 1,239 per sqft).
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 120,000 to AED 69,000 in 2020 and recovered to AED 80,393 by October 2022.
  • At AED 80,393 a year the gross yield on the 2023 price is 5.0%, 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 3 January 2023.

Questions about 9604, Golden Mile 09

What did unit 9604 last sell for?

AED 1,620,000 on 3 January 2023: AED 1,239 per sqft for 1,307 sqft. The unit has 4 registered sales; the first was AED 1,065,000 in March 2011.

What is the rent for unit 9604?

AED 80,393 a year on the contract signed on 10 October 2022. The previous contract, from September 2022, was AED 80,000; the unit has been rented since May 2018.

How big is unit 9604?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 9604 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 9604, Golden Mile 09

Starts from the last sale price (AED 1.62M, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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