3-bed · 2,414 sqftGolden Mile 09, Palm Jumeirah · 6th floor · completed 2009

9612, Golden Mile 09

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 9612 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 5.15M15 July 2024
Current rentAED 164K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9612, Golden Mile 09

What is 9612 worth today?

Last sold for AED 5,150,000 in 2024

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15 Jul 2024SoldReady
AED 5,150,000AED 2,133 per sqft
20 Oct 2023RentedRenewal
AED 164,451/yr9 months · AED 68 per sqft
20 Oct 2022RentedRenewal
AED 143,000/yr12 months · AED 59 per sqft
20 Oct 2021RentedRenewal
AED 130,000/yr12 months · AED 54 per sqft
20 Oct 2020RentedNew contract
AED 130,000/yr12 months · AED 54 per sqft
14 Oct 2019RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
14 Oct 2018RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
14 Oct 2017RentedNew contract
AED 185,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed apartment
Size
2,414 sqft
Floor
6th of 7
Parking
Building 9-B3-58
Developer
Souq Residences
Completed
2009
Service charge
AED 37,400 /yr
Last sold
AED 5.15M · July 2024

About 9612, Golden Mile 09

9612 is a three-bedroom apartment of 2,414 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 15 July 2024 for AED 5,150,000, or AED 2,133 per sqft, 44% above the AED 1,486 three-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 164,451 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 37,400 a year.

Sales and rents for 9612 over time

Sales
Unit 9612, each saleTypical three-bed in Golden Mile 09
2M4M2009201420192024Typical sale price by year: 2009 AED 2,775,000; 2012 AED 2,160,000; 2023 AED 4,775,000; 2025 AED 5,300,000Sold by developer, August 2009: AED 2,100,000 (AED 869 per sqft)Sold, July 2024: AED 5,150,000 (AED 2,133 per sqft)

9612 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 9612, each contractTypical three-bed in Golden Mile 09
200K400K2016201920222025Typical rent by year: 2016 AED 225,000; 2017 AED 215,000; 2018 AED 187,500; 2019 AED 175,000; 2020 AED 147,500; 2021 AED 168,000; 2022 AED 190,000; 2023 AED 193,500; 2024 AED 219,619; 2025 AED 380,000; 2026 AED 372,000New contract, October 2017: AED 185,000 a yearRenewal, October 2018: AED 170,000 a yearRenewal, October 2019: AED 150,000 a yearNew contract, October 2020: AED 130,000 a yearRenewal, October 2021: AED 130,000 a yearRenewal, October 2022: AED 143,000 a yearRenewal, October 2023: AED 164,451 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Golden Mile 09, and where 9612 sits

All 14 3-beds →

9612 last sold in July 2024 at AED 2,133 per sqft, 44% above what three-beds in Golden Mile 09 were fetching at the time (AED 1,486). Over the last 12 months three-beds sold for AED 9,000,000, around AED 1,919 per sqft, and rent for AED 187,000 to 450,000 a year. 9612's AED 164,451 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Mar 20269,000,000
12 Aug 20255,300,000
6 Feb 20255,100,000
10 Jan 20256,018,000
1 3-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
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

9612, Golden Mile 09 in numbers

  • Sold twice: first on 24 August 2009 for AED 2,100,000, last on 15 July 2024 for AED 5,150,000 (AED 2,133 per sqft).
  • Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 185,000 to AED 130,000 in 2021 and recovered to AED 164,451 by October 2023.
  • At AED 164,451 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 37,400 a year (AED 15.49 per sqft).
  • Three-beds in Golden Mile 09 sold for AED 9,000,000–9,000,000 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 July 2024.

Questions about 9612, Golden Mile 09

What did unit 9612 last sell for?

AED 5,150,000 on 15 July 2024: AED 2,133 per sqft for 2,414 sqft. The unit has 2 registered sales; the first was AED 2,100,000 in August 2009.

What is the rent for unit 9612?

AED 164,451 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 143,000; the unit has been rented since October 2017.

How big is unit 9612?

2,414 sqft (224.3 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2009.

What is unit 9612 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Golden Mile 09 sold for AED 9,000,000 to 9,000,000 in the last 12 months, around AED 1,919 per sqft.

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Mortgage on 9612, Golden Mile 09

Starts from the last sale price (AED 5.15M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,150,000
Deposit, UAE resident (20%)
AED 1,030,000
Deposit, non-resident (40%)
AED 2,060,000
Monthly over 25 years at 3.7%
AED 21,070

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