4-bed · 10,237 sqftGolden Mile 09, Palm Jumeirah · 7th floor · completed 2009

9704, Golden Mile 09

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

Unit 9704 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 11.8M8 October 2024
Current rentAED 242K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 9704, Golden Mile 09

What is 9704 worth today?

Last sold for AED 11,800,000 in 2024

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8 Oct 2024SoldReady
AED 11,800,000AED 1,152 per sqft
1 Oct 2021RentedNew contract
AED 241,500/yr12 months · AED 24 per sqft
1 Oct 2020RentedNew contract · flagged as an outlier
AED 230,000/yr12 months · AED 22 per sqft
1 Oct 2017RentedNew contract · flagged as an outlier
AED 230,000/yr36 months · AED 22 per sqft
15 May 2012Sold by developerOff-plan
AED 5,600,000AED 547 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
4-bed apartment
Size
10,237 sqft
Floor
7th of 7
Parking
Building 9-B3-133, Building 9-B3-134
Developer
Souq Residences
Completed
2009
Service charge
AED 158,600 /yr
Last sold
AED 11.8M · October 2024

About 9704, Golden Mile 09

9704 is a four-bedroom apartment of 10,237 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 8 October 2024 for AED 11,800,000, or AED 1,152 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 October 2021, is AED 241,500 a year: a gross yield of 2.1% on the 2024 price, before the service charge of about AED 158,600 a year.

4-beds in Golden Mile 09, and where 9704 sits

All 1 4-beds →
0 4-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 7th floor

All 72 units in Golden Mile 09
Value
9701PenthouseAED 4.35M · Aug 2013
97023-bedAED 6.1M · Jun 2024
97033-bedAED 9M · Mar 2026
9705PenthouseAED 3.8M · Oct 2021
9706PenthouseAED 4.8M · Mar 2014
9707PenthouseAED 4.85M · May 2009

9704, Golden Mile 09 in numbers

  • Sold twice: first on 15 May 2012 for AED 5,600,000, last on 8 October 2024 for AED 11,800,000 (AED 1,152 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 230,000 to AED 241,500 a year.
  • At AED 241,500 a year the gross yield on the 2024 price is 2.1%, before a service charge of about AED 158,600 a year (AED 15.49 per sqft).

Source: Dubai Land Department. Updated 8 October 2024.

Questions about 9704, Golden Mile 09

What did unit 9704 last sell for?

AED 11,800,000 on 8 October 2024: AED 1,152 per sqft for 10,237 sqft. The unit has 2 registered sales; the first was AED 5,600,000 in May 2012.

What is the rent for unit 9704?

AED 241,500 a year on the contract signed on 1 October 2021. The previous contract, from October 2020, was AED 230,000; the unit has been rented since October 2017.

How big is unit 9704?

10,237 sqft (951.0 sqm): a four-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.

What is unit 9704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 9704, Golden Mile 09

Starts from the last sale price (AED 11.8M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,800,000
Deposit, UAE resident (20%)
AED 2,360,000
Deposit, non-resident (40%)
AED 4,720,000
Monthly over 25 years at 3.7%
AED 48,277

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