2-bed · 1,794 sqftGolden Mile 09, Palm Jumeirah · 6th floor · completed 2009

9611, Golden Mile 09

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9611 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 3.5M13 November 2024
Current rentAED 168K /yr31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9611, Golden Mile 09

What is 9611 worth today?

Last sold for AED 3,500,000 in 2024

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13 Nov 2024SoldReady
AED 3,500,000AED 1,950 per sqft
31 Oct 2024RentedRenewal
AED 168,000/yr12 months · AED 94 per sqft
31 Oct 2023RentedRenewal
AED 160,000/yr12 months · AED 89 per sqft
31 Oct 2022RentedRenewal
AED 115,760/yr12 months · AED 65 per sqft
31 Oct 2021RentedRenewal
AED 110,250/yr12 months · AED 61 per sqft
31 Oct 2020RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
31 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 64 per sqft
20 Sep 2018RentedNew contract
AED 140,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
2-bed apartment
Size
1,794 sqft
Floor
6th of 7
Parking
Building 9-B3-65
Developer
Souq Residences
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 3.5M · November 2024

About 9611, Golden Mile 09

9611 is a two-bedroom apartment of 1,794 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 13 November 2024 for AED 3,500,000, or AED 1,950 per sqft, 17% above the AED 1,665 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 31 October 2024, is AED 168,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 27,800 a year.

Sales and rents for 9611 over time

Sales
Unit 9611, 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, September 2011: AED 1,400,000 (AED 780 per sqft)Sold, July 2018: AED 1,750,000 (AED 975 per sqft)Sold, November 2024: AED 3,500,000 (AED 1,950 per sqft)

9611 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 9611, 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, September 2016: AED 155,000 a yearRenewal, September 2017: AED 155,000 a yearNew contract, September 2018: AED 140,000 a yearNew contract, October 2019: AED 115,000 a yearNew contract, October 2020: AED 105,000 a yearRenewal, October 2021: AED 110,250 a yearRenewal, October 2022: AED 115,760 a yearRenewal, October 2023: AED 160,000 a yearRenewal, October 2024: AED 168,000 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 9611 sits

All 42 2-beds →

9611 last sold in November 2024 at AED 1,950 per sqft, 17% above what two-beds in Golden Mile 09 were fetching at the time (AED 1,665). 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. 9611's AED 168,000 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 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
96052-bedAED 2.2M · Nov 2017
96061-bedAED 2.3M · Mar 2025
96072-bedAED 1.9M · Oct 2017
1–7 of 10

9611, Golden Mile 09 in numbers

  • Sold 3 times: first on 15 September 2011 for AED 1,400,000, last on 13 November 2024 for AED 3,500,000 (AED 1,950 per sqft).
  • Rented since September 2016 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 105,000 in 2020 and recovered to AED 168,000 by October 2024.
  • At AED 168,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 27,800 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 13 November 2024.

Questions about 9611, Golden Mile 09

What did unit 9611 last sell for?

AED 3,500,000 on 13 November 2024: AED 1,950 per sqft for 1,794 sqft. The unit has 3 registered sales; the first was AED 1,400,000 in September 2011.

What is the rent for unit 9611?

AED 168,000 a year on the contract renewed on 31 October 2024. The previous contract, from October 2023, was AED 160,000; the unit has been rented since September 2016.

How big is unit 9611?

1,794 sqft (166.7 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 9611 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 9611, Golden Mile 09

Starts from the last sale price (AED 3.5M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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