9702, Golden Mile 09
Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 9702, Golden Mile 09
What is 9702 worth today?
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Source: Dubai Land Department. Updated 28 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 4,362 sqft
- Floor
- 7th of 7
- Parking
- Building 9-B3-53, Building 9-B3-54
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 67,600 /yr
- Last sold
- AED 6.1M · June 2024
- Building
- Golden Mile 09
About 9702, Golden Mile 09
9702 is a three-bedroom apartment of 4,362 sqft on the 7th floor of Golden Mile 09, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. It last sold on 28 June 2024 for AED 6,100,000, or AED 1,398 per sqft, in line with the AED 1,398 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 273,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 67,600 a year.
Sales and rents for 9702 over time
9702 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 9702 sits
All 14 3-beds →9702 last sold in June 2024 at AED 1,398 per sqft, in line with what three-beds in Golden Mile 09 were fetching at the time (AED 1,398). 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. 9702's AED 273,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Mar 20265 March 2026 | 4,688 sqft | 9,000,000 | 1,919 | ||
| 12 Aug 202512 August 2025 | 2,864 sqft | 5,300,000 | 1,850 | ||
| 6 Feb 20256 February 2025 | 2,414 sqft | 5,100,000 | 2,112 | ||
| 10 Jan 202510 January 2025 | 3,330 sqft | 6,018,000 | 1,807 |
Golden Mile 09
Building72 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%
Other units on the 7th floor
All 72 units in Golden Mile 09| ValueToday's value | |||||
|---|---|---|---|---|---|
| 9701 | Penthouse | 4,876 sqft | AED 4.35MAED 4,350,000 · Aug 2013August 2013 | ||
| 9703 | 3-bed | 4,688 sqft | AED 9MAED 9,000,000 · Mar 2026March 2026 | 228,000 /yr | |
| 9704 | 4-bed | 10,237 sqft | AED 11.8MAED 11,800,000 · Oct 2024October 2024 | 241,500 /yr | |
| 9705 | Penthouse | 3,932 sqft | AED 3.8MAED 3,800,000 · Oct 2021October 2021 | 165,000 /yr | |
| 9706 | Penthouse | 4,431 sqft | AED 4.8MAED 4,800,000 · Mar 2014March 2014 | ||
| 9707 | Penthouse | 5,105 sqft | AED 4.85MAED 4,850,000 · May 2009May 2009 | 266,500 /yr |
9702, Golden Mile 09 in numbers
- Sold 4 times: first on 17 May 2011 for AED 3,350,000, last on 28 June 2024 for AED 6,100,000 (AED 1,398 per sqft).
- Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 255,000 to AED 175,000 in 2020 and recovered to AED 273,000 by August 2022.
- At AED 273,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 67,600 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 28 June 2024.
Questions about 9702, Golden Mile 09
What did unit 9702 last sell for?
AED 6,100,000 on 28 June 2024: AED 1,398 per sqft for 4,362 sqft. The unit has 4 registered sales; the first was AED 3,350,000 in May 2011.
What is the rent for unit 9702?
AED 273,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 260,000; the unit has been rented since September 2016.
How big is unit 9702?
4,362 sqft (405.2 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.
What is unit 9702 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 9702, Golden Mile 09
Starts from the last sale price (AED 6.1M, 28 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 6,100,000
- Deposit, UAE resident (20%)
- AED 1,220,000
- Deposit, non-resident (40%)
- AED 2,440,000
- Monthly over 25 years at 3.7%
- AED 24,957
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →