Golden Mile 9, Palm Jumeirah

Golden Mile 9, Palm Jumeirah

HIGHLIGHTS

About Golden Mile 9

With five years of planning and innovative developing,Palm Jumeirah sits gracefully on the Arabian Sea’s coastline. It is one of The Palm Islands along with Jebel Ali, The Palm and The Palm Deira – the largest man-made islands in the world. Inspired by the shape of a palm tree, the island connects 16 fronds with a mainland trunk and is surrounded by a 12 km crescent-shaped breakwater that harbours world-renowned hotels and leisure points. This island is now home to some of the most eye-catching projects that include townhouses, famous resorts, villas and luxury apartment buildings. One of them being The Fairmont Palm Hotel. Furthermore, it is also a self-sufficient island as it consists of conveniences such as shopping malls, restaurants, entertainment options and supermarkets – all in one island. Palm Jumeirah apartments for sale have attractive prices considering the amenities that this area offers. 

Among the numerous high-end projects, Golden Mile stands as a residential complex developed by IFA Properties. This complex consists of 10 building units; Golden Mile 1, 2, 3, 4, 5, 6, 7, 8, 9 and 10. Each of them feature multiple state-of-the-art amenities, such as swimming pool, gym, spa facilities, landscaped gardens, children’s play area and barbeque pits.

Golden Mile 9 is one of the buildings located in the Golden Mile complex that features 1, 2, 3, 4 and 5-bedroom apartments. It is located at the trunk of the Palm Jumeirah and features 11 floors full of residential units constructed with fine finishing, ceramic tiles and ivory-themed walls.

For tourists and residents, Palm Jumeirah is a construction that features apartments with beautiful views of the blue waters of the Arabian Gulf. Due to this, interested individuals can easily findPalm Jumeirah apartments for rent at very affordable prices. For finding good investment options, individuals can look through Palm Jumeirah apartments for sale, as each property offers different prices and a vast amount of services.

IN A NUTSHELL

  • A mid-rise project developed by IFA Properties
  • Features 11 floors of 1, 2, 3, 4 and 5-bedroom apartments
  • Offers facilities including a barbeque area, Jacuzzi, swimming pool, gym and sauna
  • Located in Palm Jumeirah, Dubai
  • Close to multiple restaurants, supermarkets and retails stores
  • A few minutes away from The Pointe, The Lost Chambers Aquarium, Skydive Dubai and Aquaventure Park

BUILDING DETAILS

Facilities in Golden Mile 9, Palm Jumeirah

Parking

Parking near Golden Mile 9 (5-12-2019)
Street parking near Golden Mile 9

Residents are provided at least one underground space for parking in Golden Mile 9 as per apartment unit. Visitors can use the on-street or valid parking in Hilton Hotel, Golden Mile Galleria and Spinneys. All of these are located 5 minutes away from this residence.

Elevators

There are high-speed elevators in Golden Mile 9 that follow international safety protocols.

Security, Central Air-Conditioning and Maintenance Services 

Golden Mile 9 offers 24-hour security protocols that surveillance cameras and security guards. Utilities in this residence are powered by DEWA.

Event Space

Golden Mile 9 offers an open barbecue area that can serve as an ideal venue for weekend barbeques.

Gym and Fitness Facilities 

There is a shared gym in Golden Mile 9 that offers top-notch exercise equipment, along with shared spa facilities, swimming pool and Jacuzzi.

Lifestyle Amenities

Golden Mile 9 community view (5-12-2019)
Community view near Golden Mile 9

Golden Mile 9 is the perfect permanent getaway that features a luxurious way of living. From fitness to entertainment, residents are offered with the utmost services for their leisure. There is an exclusive clubhouse, where residents can socialise with visitors and residents. Apart from that, there is a gaming room, private storage facilities, landscaped gardens and barbeque areas.

For fitness, this residence provides a communal gym, Jacuzzi, swimming and steam room/sauna. For families, there is a well-equipped children’s play area and cafe called Playdates, where parents can hang out and have good dishes while the kids play. 

Concierge and Guest Services 

Golden Mile 9 offers 24-hour concierge services

Pet-friendly

This is a pet-friendly residence

Safety Features

Golden Mile 9 features a well-planned security system that includes smoke alarms and intercom facilities.

Apartment Types in Golden Mile 9, Palm Jumeirah

With a sandy-coloured exterior, Golden Mile 9 is a residential building offers 11 floors of 1, 2, 3, 4 and 5-bedroom apartments. With an array of amenities, residents can take advantage of spacious rooms, wide balconies and door-to-door facilities. Apartment types in Golden Mile 9 include:

1-Bedroom Apartments in Golden Mile 9

1-bedroom apartments in Golden Mile 9 feature a spacious room that is located in a separate boundary from the living room. There is only 1 bathroom, 1 kitchen and a wide balcony that is opposite to the living room.

2-Bedroom Apartments in Golden Mile 9

2-bedroom apartments in Golden Mile 9 provide residents with sufficient space as it features 2 separate rooms that each come with a walk-in closet. Next to it are 1 or 2 bathrooms, 1 powder room, a walk-in balcony, a living room and a kitchen.

3-Bedroom Apartments in Golden Mile 9

3-bedroom apartments in Golden Mile 9 offers 3 separate rooms that each include windows and walk-in closets. Aside from that, there are also 3 or 4 bathrooms, a wide balcony, 1 powder room, kitchen and living room area.

4-Bedroom Apartments in Golden Mile 9

4-bedroom apartments in Golden Mile 9 can come as either duplex-styled or one-floor-styled. However, regardless of that, this property provides 1 kitchen, 4 separate rooms with walk-in closets, balconies and 1 living room. There are also 3-4 bathrooms and 1 powder room for visitors.

5-Bedroom Apartments in Golden Mile 9

5-bedroom apartments in Golden Mile 9 come in either a duplex or one-floor-styled suite that features 1 wide-spaced living room, 1 powder room, 4 to 5 bathrooms and 1 kitchen. There are also 5 separate rooms that each come with walk-in closets and floor-to-ceiling windows.

While being a part of the high-budgeted Golden Mile complex, this residence features the utmost amenities for the luxury and leisure of residents.

Most popular Apartment Types in Golden Mile 9

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%

Based on searches conducted by users on Bayut.com over the past 6 months

According to the statistics, the most popular apartment types in Golden Mile 9 are 2-bedroom apartments that have scored first position. 1-bedroom apartments are in second position and 3-bedroom apartments are in third position.

Rental Trends in Golden Mile 9, Palm Jumeirah

According to data taken from Bayut.com, rental trends in Golden Mile 9 shows that the rental price of apartments are:

  • The annual rental cost of 2-bedroom apartments in Golden Mile 9 is AED 120k on average 

All these units are available with an average area size of 1,800 sq. ft. All individuals can benefit from the amenities offered through these apartments, such as underground secured parking spaces.

Sales Trends in Golden Mile 7

According to the statistics, sales trends in Golden Mile 9 show that:

  • The sale cost of 1-bedroom apartments in Golden Mile 9 ranges from AED 1M to AED 1.2M
  • The sale cost of 2-bedroom apartments in Golden Mile 9 is AED 1.7M on average
  • The sale cost of 2-bedroom apartments in Golden Mile 9 is AED 6.5M on average

Interested individuals can look through their preferred apartment types for their affordable sale prices.

Rental Yield in Golden Mile 7

  • 1-Bed
  • 2-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%

Based on searches conducted by users on Bayut.com over the past 6 months

According to the data derived from Bayut.com, rental yield in Golden Mile 9 shows that 1-bedroom apartments have scored an ROI of 7.6% while 2-bedroom apartments have gotten 6.3% ROI.

NEARBY AMENITIES

Transportation near Golden Mile 9

There are several modes of transportation near Golden Mile 9 such as bus stops, metro stations and tram stations. Some of them include:

Bus Stations near Golden Mile 9

Bus Stations near Golden Mile 9 include:

  • Royal Mirage Hotel 2
  • Infotech, Dubai Internet City 1
  • Royal Mirage Hotel 1

Residents and visitors can utilise these buses to travel to multiple destinations within Dubai or even the cities next to it. All buses offer a friendly atmosphere. 

Metro Stations near Golden Mile 9

Metro Stations near Golden Mile 9 include:

  • Mall of the Emirates
  • Sharaf DG
  • First Abu Dhabi Bank

Metro trains are considered the fastest mode of transportation in Dubai, as compared to others due to its fast machinery. Residents can use them to travel to many key locations..

Tram Stations near Golden Mile 9

Tram Stations near Golden Mile 9 include:

  • Palm Jumeirah Monorail Station
  • Al Sufouh Tram Station
  • Internet City Tram Station

One of the many stations near this residence is Al Sufouh station that residents can use for their daily or occasional commute. Other than that, residents can also rely on taxi services such as Uber or Careem for going around.

Restaurants near Golden Mile 9

Residents in this building benefit with multiple famous Palm Jumeirah restaurants that are located within a distance of a few minutes. Some of restaurants near Golden Mile 9 include:

  • Shakespeare & Co.
  • Wagamama
  • Little Miss India

Shakespeare & Co. is quite popular among the locals of Dubai due to the variety of food it offers. With an alluring ambience and marvellous taste, this restaurant has a British tea-room décor. If you are a lover of English art & literature, you will love to visit this restaurant. The wide variety of food that is offered by this restaurant includes Lebanese, Arabian, French and Italian cuisines.

Supermarkets near Golden Mile 9

Residents looking forward to stock their daily or monthly necessities can find some of the major supermarkets near Golden Mile 9:

  • Spinneys
  • Allday Fresh Supermarket
  • Golden Mile Galleria

Residents of Golden Mile 9 has an advantage of Golden Mile Galleria which is a part of the Golden Mile project and is located only a few minutes away from this building. Whether you are looking forward to stock up your cabinet with medicines, get some groceries or looking for new clothes, just visit the Golden Mile Galleria and you can get all your desired products at one place. This mall has multiple famous eateries, grocery stores and other retail outlets.

NEARBY BUILDINGS

Some of the major buildings near Golden Mile 9 are:

  • One Palm by Omniyat
  • Azure Residences
  • Concord Tower

Among the buildings listed above, Concord Tower is a commercial building while Azure Residences is a residential complex near Golden Mile 9. One Palm by Omniyat is an apartment building that is situated just minutes away from this residence.

Major Landmarks near Golden Mile 9

Since it is a landmark itself, Palm Jumeirah is home to multiple tourist attractions. Some of the major landmarks near Golden Mile 9 are:

More than just an aquarium, The Lost Chambers Aquarium is a mythical underwater kingdom that is allegedly home to the famous lost city of Atlantis. History lovers and fun-seeking individuals can find this place to be very entertaining. Moreover, this underwater world harbours more than 65,000 marine creatures that roam around the property with grace.

THINGS TO CONSIDER

Golden Mile 9 is a fascinating property that can also come under the radar of being one of the most self-sufficient properties in Dubai. The reason is because while it offers spacious apartments and walk-in closets in very affordable rates, it also offers amenities that include beautiful views of the Arabian sea, fitness and spa facilities. One thing to consider is that there may be a lack of on-street parking, which can easily be solved with parking in nearby restaurants, malls or hotels.

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