2-bed · 1,802 sqftGolden Mile 09, Palm Jumeirah · 6th floor · completed 2009

9605, Golden Mile 09

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

Unit 9605 · DLD and Ejari recordsUpdated 15 October 2018
Last soldAED 2.2M28 November 2017
Current rentAED 139K /yr15 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9605, Golden Mile 09

What is 9605 worth today?

Last sold for AED 2,200,000 in 2017

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15 Oct 2018RentedNew contract
AED 138,535/yr5 months · AED 77 per sqft
28 Nov 2017SoldReady
AED 2,200,000AED 1,220 per sqft
15 Oct 2017RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft
22 May 2013SoldOff-plan
AED 1,875,000AED 1,040 per sqft
21 May 2009Sold by developerOff-plan
AED 1,950,000AED 1,082 per sqft

Source: Dubai Land Department. Updated 15 October 2018.

Key facts

Type
2-bed apartment
Size
1,802 sqft
Floor
6th of 7
Parking
Building 9- B3-35
Developer
Souq Residences
Completed
2009
Service charge
AED 27,900 /yr
Last sold
AED 2.2M · November 2017

About 9605, Golden Mile 09

9605 is a two-bedroom apartment of 1,802 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 28 November 2017 for AED 2,200,000, or AED 1,220 per sqft, in line with the AED 1,220 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 15 October 2018, is AED 138,535 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 27,900 a year.

Sales and rents for 9605 over time

Sales
Unit 9605, 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 1,950,000 (AED 1,082 per sqft)Sold, May 2013: AED 1,875,000 (AED 1,040 per sqft)Sold, November 2017: AED 2,200,000 (AED 1,220 per sqft)

9605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9605, 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, October 2017: AED 140,000 a yearNew contract, October 2018: AED 138,535 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 9605 sits

All 42 2-beds →

9605 last sold in November 2017 at AED 1,220 per sqft, in line with what two-beds in Golden Mile 09 were fetching at the time (AED 1,220). 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. 9605's AED 138,535 is at the bottom 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 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
96041-bedAED 1.62M · Jan 2023
96061-bedAED 2.3M · Mar 2025
96072-bedAED 1.9M · Oct 2017
96092-bedAED 1.75M · Nov 2011
1–7 of 10

9605, Golden Mile 09 in numbers

  • Sold 3 times: first on 21 May 2009 for AED 1,950,000, last on 28 November 2017 for AED 2,200,000 (AED 1,220 per sqft).
  • Rented since October 2017 on 2 Ejari contracts, from AED 140,000 to AED 138,535 a year.
  • At AED 138,535 a year the gross yield on the 2017 price is 6.3%, 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 15 October 2018.

Questions about 9605, Golden Mile 09

What did unit 9605 last sell for?

AED 2,200,000 on 28 November 2017: AED 1,220 per sqft for 1,802 sqft. The unit has 3 registered sales; the first was AED 1,950,000 in May 2009.

What is the rent for unit 9605?

AED 138,535 a year on the contract signed on 15 October 2018. The previous contract, from October 2017, was AED 140,000.

How big is unit 9605?

1,802 sqft (167.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 9605 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 9605, Golden Mile 09

Starts from the last sale price (AED 2.2M, 28 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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