9705, Golden Mile 09
Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 9705, Golden Mile 09
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Source: Dubai Land Department. Updated 31 October 2021.
Key facts
- Type
- Penthouse apartment
- Size
- 3,932 sqft
- Floor
- 7th of 7
- Parking
- Building 9- B3-93, 94
- Developer
- Souq Residences
- Completed
- 2009
- Service charge
- AED 60,900 /yr
- Last sold
- AED 3.8M · October 2021
- Building
- Golden Mile 09
About 9705, Golden Mile 09
9705 is a penthouse of 3,932 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 31 October 2021 for AED 3,800,000, or AED 966 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 September 2021, is AED 165,000 a year: a gross yield of 4.3% on the 2021 price, before the service charge of about AED 60,900 a year.
Penthouses in Golden Mile 09, and where 9705 sits
All 4 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 201417 March 2014 | 4,431 sqft | 4,800,000 | 1,083 | ||
| 26 Aug 201326 August 2013 | 4,876 sqft | 4,350,000 | 892 | ||
| 26 Mar 201226 March 2012 | 4,431 sqft | 3,200,000 | 722 | ||
| 28 May 200928 May 2009 | 5,105 sqft | 4,850,000 | 949 |
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 | ||
| 9702 | 3-bed | 4,362 sqft | AED 6.1MAED 6,100,000 · Jun 2024June 2024 | 273,000 /yr | |
| 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 | |
| 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 |
9705, Golden Mile 09 in numbers
- Sold twice: first on 31 January 2012 for AED 3,650,000, last on 31 October 2021 for AED 3,800,000 (AED 966 per sqft).
- Rented since September 2017 on 5 Ejari contracts, from AED 220,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2021 price is 4.3%, before a service charge of about AED 60,900 a year (AED 15.49 per sqft).
Source: Dubai Land Department. Updated 31 October 2021.
Questions about 9705, Golden Mile 09
What did unit 9705 last sell for?
AED 3,800,000 on 31 October 2021: AED 966 per sqft for 3,932 sqft. The unit has 2 registered sales; the first was AED 3,650,000 in January 2012.
What is the rent for unit 9705?
AED 165,000 a year on the contract renewed on 1 September 2021. The previous contract, from September 2020, was AED 150,000; the unit has been rented since September 2017.
How big is unit 9705?
3,932 sqft (365.3 sqm): a penthouse on the 7th floor of a 7-storey tower completed in 2009.
What is unit 9705 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 9705, Golden Mile 09
Starts from the last sale price (AED 3.8M, 31 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →