Golden Mile, Palm Jumeirah
About Golden Mile Palm Jumeirah
One of the most anticipated projects in Dubai, Golden Mile is a residential complex of 10 towers most popular for the retail centre featuring restaurants and modern lifestyle facilities. Developed by IFA Hotels and Resorts, the project lies on the trunk of Palm Jumeirah and is now managed by a renowned real estate company, Nakheel Properties.
Its location offers convenience to the residents and travellers who seek proximity to Downtown and Dubai Marina. Golden Mile, Besides a variety of residential apartments, there are 70 commercial spaces, including shops and offices.
IN A NUTSHELL
- Type of building: Residential Complex
- Location: Palm Jumeirah
- Developer: IFA Hotels & Resorts and Nakheel PJSC
- Date of completion: 2009
- Unit type: 1, 2, 3-bedroom apartments, penthouses
- Type of Ownership: Freehold
- Amenities: Gym, Jacuzzi, swimming pool, Spa, BBQ area and play area
Facilities in Golden Mile Palm Jumeirah
Golden Mile has a host of exciting facilities for a comfortable living experience.
Finding parking in Golden Mile Palm Jumeirah is not an issue. The complex has a dedicated parking area in the basement for residents and guests featuring around 1,600 underground spaces. You can find street parking next to the complex.
Multiple high-speed elevators in Golden Mile are available.
Security, Central Air-Conditioning and Maintenance Services
Golden Mile has manned security and CCTV surveillance. All the apartments and floors are well-maintained and temperature-controlled via district cooling services like Empower.
Gym and Fitness Facilities
Residents get access to the clubhouse with private membership. There is a gym in Golden Mile Palm Jumeirah, a Jacuzzi, a swimming pool as well a spa and sauna facility. Moreover, those who like evening strolls can go to the landscaped garden.
Residents enjoy many lifestyle amenities, including a barbeque area, a children’s play area and a retail centre in Golden Mile Palm Jumeirah Dubai. Besides, Golden Mall Galleria is a major highlight featuring international restaurants, a fitness centre, Spinneys Supermarket, a medical centre and two nurseries.
Concierge and Guest Services
A 24-hour concierge is available. First-time visitors or guests can communicate via intercom and wait in the well-maintained lobby.
Golden Mile Floor Plans
Bayut has worked on creating 2D and 3D formats of floor plans for Golden Mile. You can easily view the type of apartment you are interested in.
- All Floor Plans
- 2 Beds
- 3 Beds
Apartment Types in Golden Mile
There are 178 ready apartments in Golden Mile, Dubai varying from 1 to 3-bed units and penthouses. The project offers modern interiors and fittings including walk-in closets, Jacuzzi tubs and rain showers. Each unit features ceramic flooring and double-glazed windows.
1-Bedroom Apartments in Golden Mile Palm Jumeirah Dubai
1-bedroom flats in Golden Mile Palm Jumeirah Dubai range from 1,098 sq. ft. to 1,109 sq. ft. The floor plan includes a master bedroom with en-suite bathroom, a living hall and a modern kitchen. Besides this, each unit has a spacious balcony. These apartments are ideal for anyone looking for an apartment with sea views.
2-Bedroom Apartments in Golden Mile
2- bedroom flats in Golden Mile Dubai range from 1,540 sq. ft. to 1,572 sq. ft. excluding the balcony. The floor plan includes two spacious bedrooms with en-suite bathrooms, a living hall connected to the balcony, and an open or closed kitchen. Kitchens have installed appliances and bathrooms are well fitted with quality products.
3-Bedroom Apartments in Golden Mile
You can also move to 3-bedroom apartments in The Golden Mile, Dubai. These units span around 2,034 sq. ft. to 3,144 sq. ft. The floor plan includes three spacious bedrooms, a living hall and kitchen and a balcony. Like other units in the complex, 3-bed flats have built-in wardrobes and extra storage space.
Penthouses in Golden Mile Dubai
Penthouses in Golden Mile Dubai usually span 5,300 sq. ft. Some units are double-storey featuring a big starlit terrace. The rest of the amenities, fixtures and sanitary fittings are the same.
Most Popular Apartment Types in Golden Mile
Based on searches conducted by users on Bayut.com over the past 12 months
1-bed unit is the most popular type followed by 2-bed apartments. Last on the list are 3-bedroom flats.
Rental Trends in Golden Mile
If you’re looking for affordable flats in a serene setting, you can consider Golden Mile apartments for rent.
- To rent 1-bedroom apartments in Golden Mile, you will need AED 105k to AED 135k.
- To rent a 2-bedroom flat in Golden Mile, you will need AED 125k to AED 170k yearly.
- 3-bed units for rent in Golden Mile Palm Jumeirah can cost you AED 175k to AED 410k per year.
- You can also rent an office in Golden Mile for a minimum of AED 193k and a maximum of AED 1.01M.
Annual rents vary based on the covered area and the floor the unit is built on. You can also compare the cost with neighbouring projects. Additionally, home-hunters looking for contemporary Palm Jumeirah apartments for rent can find a range of options here.
Sales Trends in Golden Mile Palm Jumeirah
Prices of apartments for sale in Golden Mile are not too high as compared to other properties in the community.
- You can buy 1-bedroom apartments in Golden Mile for AED 1.M to AED 2.5M
- The price of 2-bedroom apartments for sale in Golden Mile Palm Jumeirah ranges from AED 1.9M to AED 2.6M
- Whereas, buying 3-bedroom apartments in Golden Mile can cost around AED 2.9M to AED 4.7M.
There are suitable properties for investors, including Palm Jumeirah apartments for sale.
Rental Yield in Golden Mile
Based on searches conducted by users on Bayut.com over the past 12 months
2-bedroom flats generated the highest, 7.5% returns on investment. Next, 1-bedroom apartments follow with a 7.4% ROI while 3-bedroom apartments round up the list with a 6.9% yield.
Transportation near Golden Mile Palm Jumeirah
One need not worry about the options for transportation near Golden Mile because the project is right at the western trunk from where the monorail link starts servicing. Residents can easily travel around the area all the way to Palm Atlantis and back home.
Other than monorail, you can use different modes of transport in Palm Jumeirah available for community residents.
Metro Stations near Golden Mile Palm Jumeirah
People living in Golden Mile are in proximity to several Dubai Metro red line stations. Dubai Internet City, Al Khail and Equiti are the nearest metro stations from Golden Mile Palm Jumeirah Dubai. You can reach these stations in just 5 to 8 minutes via car.
Restaurants near Golden Mile Palm Jumeirah
Residents are never out of options to eat out as there are many restaurants on the Palm Dubai in Golden Mile Galleria such as:
- Beyond The Beach
- Shakespeare and Co.
Other cafes and restaurants near Golden Mile include:
- RAS Beach Vibes Lounge
- Breeze Beach Grill
- The Penthouse
One can access these eateries within a few minutes.
Supermarkets near Golden Mile Palm Jumeirah
There is a Spinney’s outlet in the Golden Mile Galleria. Therefore, residents hardly feel the need to go anywhere else. Still, a number of supermarkets near Golden Mile deserve a mention. These include:
- All-Day Fresh Supermarket
- Quick Buy – Tiara Residence
- All-day mini-mart – Manhal
All these options are also only a short drive away. If you would like more options from where to shop you daily grocery, please check out the list of supermarkets on Palm Jumeirah by Bayut.
Schools and Nurseries near Golden Mile Palm Jumeirah
- Dubai College
- GEMS Dubai American Academy
- Regent International School
Voted as one of the best American schools in Dubai, GEMS Dubai American Academy offers the American Curriculum and IB curriculum in Grade 11 and 12. The school has the honour of being rated ‘Outstanding‘ by the KHDA for seven consecutive years.
Dubai College and Regent International School are both British Curriculum-offering schools situated near Golden Miles. While Regent International offers grades from Foundation Stage until Key Stage 5, Dubai College has classes starting from Year 7 until Year 13.
Dubai College and Regent International have been inspected by the KHDA and have received an “Outstanding‘ and a ‘Very Good‘ rating respectively. Hence, making their way to the best British schools in Dubai list by Bayut.
The International School of Choueifat, Al Sufouh is a part of the famous SABIS Network. Founded in 1993, ISC is K-12 school offering the SABIS Curriculum to students aged 3 to 18 years.
Another plus point for these schools is that they are located on a 7 to 11-minute drive.
The complex is close to residential complexes, including Marina Residence, The Fairmont Palm South Residence and Palma Residences on the opposite side of the trunk.
Golden Mile itself is a popular destination mainly due to the retail centre. It is also easily accessible from these hotels:
- The Lost Chambers Aquarium
- Atlantis The Palm
Known as the world’s largest waterpark, Aquaventure is visited by both kids and adults. The leisure attractions is around 12 minutes away on a car.
For those who are intrigued by the marine universe, The Lost Chambers Aquarium in Atlantis is an excellent tourist attraction for you. The tour offers a profound, novel experience to visitors.
Atlantis the Palm is another popular tourist destination. Situated on the Palm, the beachfront resort offers the ultimate experience of classic Arabian hospitality.
Social Community Groups
Golden Mile residents can join ‘Golden mile residents – Palm Jumeirah‘ Facebook public group to remain updated regarding building-related information. You can also have discussions regarding the community, maintenance and much more.
THINGS TO CONSIDER
Palm Jumeirah is a self-sufficient community with an array of lifestyle amenities on your doorstep. Waterfront views and an active social calendar attract people who are seeking the famous ‘Dubai’ life.
While living in Palm Jumeirah gives you access to such benefits, you still have to face difficulties like limited access to metro station and noise pollution due to ongoing construction projects.
How far is the nearest mall from Golden Mile?
You can enjoy a shopping spree in Nakheel Mall which is just 4 minutes away from Golden Mile on a car.
How far is the nearest metro station?
Dubai Internet City Metro Station is 5 minutes away. However, you must have a personal conveyance to reach the station.
RATINGS & REVIEWS
Reviews are not available currently for this building