Golden Mile in Palm Jumeirah - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Golden Mile

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	120	17,441	2,100,000
2	167	19,052	3,184,750

Rents in Golden Mile

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	122	1,005	122,880
2	171	1,093	187,067
4	490	867	425,000

The cap rate (rental yield) of investments into Golden Mile project is 5.5% on average.

The price of an apartment in Golden Mile is 18,626 AED/sqm on average.

Price for completed 1 bedroom apartment in Golden Mile is 2,100,000 AED or 17,441 AED/sqm.
Price for completed 2 bedroom apartment in Golden Mile is 3,184,750 AED or 19,052 AED/sqm.

Rent in Golden Mile is 19,052 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Golden Mile is 122,880 AED or 1,005 AED/sqm.
Rent for 2 bedroom apartment in Golden Mile is 187,067 AED or 1,093 AED/sqm.
Rent for 4 bedroom apartment in Golden Mile is 425,000 AED or 867 AED/sqm.

About Golden Mile

'Golden Mile' in 'Palm Jumeirah' area project description

The Golden Mile project in Dubai is a unique development located on the Palm Jumeirah. It offers a mix of residential, commercial, hospitality, and retail spaces, all connected by a central boulevard. The project is divided into 11 residential towers, each with its own distinct style and design. The towers range from 6 to 10 stories high, and feature a mix of studio, one, two, three, and four-bedroom apartments. The commercial component of the project consists of two office towers, a retail mall, and a hotel. The retail mall offers a variety of shops and cafes, while the hotel offers luxurious accommodation with a range of amenities. The project also includes a beach club, a health club, and a marina.

The Golden Mile project has been designed to create a vibrant, cosmopolitan atmosphere, and its location on the Palm Jumeirah provides easy access to the rest of Dubai. The project is also home to a number of luxury amenities, such as swimming pools, a spa, and a fitness centre. Additionally, the project is surrounded by landscaped gardens, providing a tranquil setting for residents and visitors alike. The project also includes a range of public transport links, making it easy to get around the city.

Overall, the Golden Mile project in Dubai offers a unique mix of residential, commercial, hospitality, and retail spaces, all connected by a central boulevard. It is located in a desirable area of the city, and provides a range of amenities, as well as easy access to the rest of Dubai.

Q&A on Golden Mile

Short description of 'Golden Mile' project in Dubai

The Golden Mile is a major development project located in the heart of Dubai, along the Sheikh Zayed Road. It consists of 11 luxury residential and commercial towers, ranging from 26 to 50 storeys, offering stunning views of the city skyline and the Arabian Sea. The towers are connected by an expansive terrace and promenade, lined with a variety of shops, restaurants, cafes, and entertainment venues. The project also includes a large retail centre and a 5-star hotel.

The Golden Mile project is designed to be a world-class destination for residents and visitors alike. It will provide a vibrant and modern lifestyle, with a mix of residential, commercial, and leisure facilities. The development includes a variety of amenities, such as swimming pools, fitness centres, spas, and a range of dining options. It will also feature a range of outdoor activities, such as cycling and jogging paths, and a beachfront promenade.

The Golden Mile project is a major part of Dubai's vision to become a global hub for tourism and business. It is expected to create thousands of jobs and to attract millions of tourists each year. The development is set to become one of the most desirable destinations in the region, offering a unique blend of modern and traditional elements. The project will be a major contributor to the economy of Dubai and the region, and will be a shining example of what can be achieved when ambition, innovation, and vision are combined.

Brief description of 'Golden Mile' project in Dubai for real estate buyers and renters

The Golden Mile project in Dubai is a major development that spans over one million square meters of land along the iconic Palm Jumeirah. The project includes 11 residential towers, two office towers, two 5-star hotels, two marinas, a shopping mall, retail outlets, a beach club, and a variety of other amenities. The towers are designed to be energy efficient, and feature modern and luxurious interiors. The two office towers provide a variety of business and commercial services.

The shopping mall is the centerpiece of the project, and features over 200 shops, restaurants, and entertainment venues. The beach club offers a variety of water sports and activities, as well as a spa and fitness center. The marinas provide a range of boat services, and are home to a variety of yachts and other vessels.

The Golden Mile project is also home to a range of luxury apartments and villas, as well as a variety of amenities such as a private beach, a golf course, and a clubhouse. The development also includes a range of leisure facilities, such as a cinema, a bowling alley, and a variety of restaurants and cafes.

The Golden Mile project is a major development in Dubai, and is a great example of the city's commitment to providing luxury and modern living to its residents and visitors. The project provides a range of amenities and services, and is sure to become one of the most sought-after locations in Dubai.

What are the advantages of 'Golden Mile' project in Dubai?

1. Increased Tourism: The Golden Mile project in Dubai will attract more tourists to the city, as it offers a wide range of activities and attractions.

2. Improved Infrastructure: The Golden Mile project in Dubai will improve the infrastructure of the city, with better roads, public transportation, and other amenities.

3. Economic Development: The Golden Mile project in Dubai will create new jobs and opportunities for economic development.

4. Improved Quality of Life: The Golden Mile project in Dubai will improve the quality of life for residents and visitors alike, with more recreational activities, better access to services, and improved public spaces.

5. Sustainable Development: The Golden Mile project in Dubai will promote sustainable development, with green spaces and energy efficient buildings.

What projects are cheaper than 'Golden Mile' project in Dubai but provide a close quality of living?

1. Al Furjan
2. Dubai Sports City
3. Jumeirah Village Circle
4. Dubai Marina
5. Jumeirah Lakes Towers
6. Discovery Gardens
7. International City
8. The Greens
9. The Springs
10. Arabian Ranches

What projects are better than 'Golden Mile' project in Dubai which are located close by, and why?

1. Dubai Creek Harbour: This waterfront development is located just minutes away from the Golden Mile and offers a variety of residential, commercial, and leisure facilities.

2. Dubai Marina: This popular waterfront development is located just a few minutes away from the Golden Mile and offers a variety of residential, commercial, and leisure facilities.

3. Jumeirah Beach Residence: This residential development is located just minutes away from the Golden Mile and offers a variety of residential, commercial, and leisure facilities.

4. The Palm Jumeirah: This iconic man-made island is located just a few minutes away from the Golden Mile and offers a variety of residential, commercial, and leisure facilities.

5. Business Bay: This business district is located just minutes away from the Golden Mile and offers a variety of residential, commercial, and leisure facilities.

There is 'Golden Mile' project in Dubai. Where is it located?

The Golden Mile project is located on Sheikh Zayed Road, between Dubai Marina and Palm Jumeirah in Dubai.

When was 'Golden Mile' project in Dubai Dubai project started?

The Golden Mile project in Dubai was launched in 1999.

What is the completion date for 'Golden Mile' project in Dubai?

The completion date for the Golden Mile project in Dubai is currently unknown.

Who is the developer of 'Golden Mile' project in Dubai?

The developer of the 'Golden Mile' project in Dubai is Nakheel.

What units are offered in 'Golden Mile' project in Dubai?

The Golden Mile project in Dubai offers a variety of units, including luxury apartments, villas, townhouses, and commercial spaces.

What are the closest groceries to "'Golden Mile' project in Dubai"?

The closest groceries to the 'Golden Mile' project in Dubai are Spinneys Supermarket, Carrefour Market, and Al Maya Supermarket, all located within a few minutes drive of the project.

What are the things to do in the neighbourhood of 'Golden Mile' project in Dubai?

1. Shop at the Dubai Mall: The Dubai Mall is located at the heart of the Golden Mile and offers a variety of shopping experiences, from luxury brands to high street stores.

2. Visit the Dubai Aquarium: The Dubai Aquarium is located at the Dubai Mall and offers a unique underwater experience.

3. Take a stroll along the Palm Jumeirah: The Palm Jumeirah is a man-made island located near the Golden Mile and offers stunning views of the Dubai skyline.

4. Explore the Dubai Marina: The Dubai Marina is a bustling waterfront area with plenty of restaurants, cafes and shops.

5. Enjoy a beach day at Jumeirah Beach: Jumeirah Beach is a popular beach near the Golden Mile and offers a range of activities, from sunbathing to swimming.

6. Visit the Dubai Miracle Garden: The Dubai Miracle Garden is a stunning flower park located near the Golden Mile and offers a range of floral displays.

7. Spend a day at the Wild Wadi Waterpark: The Wild Wadi Waterpark is located near the Golden Mile and offers a range of thrilling water rides and slides.

8. Take a tour of the Burj Khalifa: The Burj Khalifa is the world's tallest building and offers a range of tours and experiences.

9. Visit the Dubai Fountain: The Dubai Fountain is located at the heart of the Golden Mile and offers a spectacular show of lights and music.

10. Enjoy a meal at the Dubai Creek: The Dubai Creek is a popular spot for dining, shopping and sightseeing and offers a range of restaurants and cafes.

What are the closest schools to 'Golden Mile' project in Dubai?

The closest schools to the Golden Mile project in Dubai are:

1. Jumeirah English Speaking School
2. Dubai International Academy
3. Emirates International School Meadows
4. Kings' School Al Barsha
5. Dubai British School
6. GEMS World Academy
7. Dubai English Speaking School
8. Regent International School
9. Jumeirah College
10. The British School Al Khail

What are the closest nurseries to 'Golden Mile' project in Dubai?

The closest nurseries to the Golden Mile project in Dubai are:

1. Maple Bear Pre-School
2. Little Footprints Nursery
3. Bright Beginnings Nursery
4. The British Orchard Nursery
5. The Children’s Garden Nursery
6. The Learning Tree Nursery
7. The Little House Nursery
8. Little Scholars Nursery
9. The Nest Nursery
10. Kids First Nursery

What are the closest shopping malls to 'Golden Mile' project in Dubai?

The closest shopping malls to the Golden Mile project in Dubai are The Walk at Jumeirah Beach Residence, Dubai Marina Mall, Ibn Battuta Mall, and Mall of the Emirates.

What are the closest healthcare centres to 'Golden Mile' project in Dubai?

The closest healthcare centres to Golden Mile project in Dubai are:

1. American Hospital Dubai
2. Medcare Women & Children Hospital
3. Medcare Orthopaedics & Spine Hospital
4. Medcare Medical Centre
5. Dr. Sulaiman Al Habib Medical Centre
6. Prime Healthcare Group
7. Emirates Hospital
8. City Hospital
9. Medcare Skin & Laser Centre
10. Medcare Speciality Hospital

What is the closest airport to 'Golden Mile' project in Dubai?

The closest airport to the Golden Mile project in Dubai is Dubai International Airport, located approximately 7.5 miles away.

What are the closest groceries to 'Golden Mile' project in Dubai? Where are they located?

The closest groceries to the Golden Mile project in Dubai are Spinney's, Carrefour, and Al Maya Supermarket. Spinney's is located at the Golden Mile Galleria, Palm Jumeirah, Dubai. Carrefour is located at the Palm Strip Mall, Palm Jumeirah, Dubai. Al Maya Supermarket is located at the Palm Jumeirah, Dubai.