Updated 3 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Golden Mile?

Tenants paid a median of AED 175,000 a year over the past 6 months (202 Ejari contracts) and AED 183,230 over 12 months (377 contracts).

Median annual rent, 6 months
AED 175,000
12 months: AED 183,230

Source: DLD-recorded sales and Ejari contracts for Golden Mile, Palm Jumeirah. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Golden Mile at a glance

DeveloperSouq Residences
LocationPalm Jumeirah
StatusReady and handed over (Ejari leases registered)
Nearest metro stationAl Fardan Exchange, about 3.0 km
DLD-recorded sales, past 24 months105

Developer, district and sales from Dubai Land Department records; status from registered Ejari leases; sizes are the typical registered unit size of each type.

Rents in Golden Mile

Over the past 6 months, 202 rent contracts were registered here, with a median of AED 175,000 a year (about AED 14,583 a month) and half paying between AED 140,000 and AED 229,462. Over 12 months the median was AED 183,230 across 377 contracts. The range covers every unit size in the building, so a studio and a 3-bedroom sit in the same figures.

PeriodLower quarterMedianUpper quarterContracts
Last 6 monthsAED 140,000AED 175,000AED 229,462202
Last 12 monthsAED 147,000AED 183,230AED 230,000377

Source: DLD Ejari rent contracts (new and renewed) registered in the 6 and 12 months to 7 October 2026.

Prices and rents by bedroom in Golden Mile

Over the past 6 months, a typical 2-bedroom in Golden Mile rented for AED 175,000 a year. Over 12 months the figures were AED 185,000 a year to rent.

Rents and gross yield

TypeLast 6 monthsLast 12 monthsGross yield (6 / 12 mo)
1-bedroomAED 120,000
57 contracts
AED 135,000
97 contracts
2-bedroomAED 175,000
90 contracts
AED 185,000
177 contracts
3-bedroomAED 295,000
47 contracts
AED 300,000
81 contracts
4-bedroomAED 325,000
26 contracts
AED 350,000
52 contracts

Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 7 October 2026 (at least 3 sales). Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.

How prices have moved around Golden Mile

The median price per sq ft across Palm Jumeirah went from AED 2,941 in Q4 2024 to AED 3,176 in Q3 2026, up 8%, and down 7.6% on the same quarter a year earlier.

2,7273,1413,5553,969Q4 2024Q2 2025Q4 2025Q3 2026Q4 2024: AED 2,941 / sq ftQ1 2025: AED 2,870 / sq ftQ2 2025: AED 2,941 / sq ftQ3 2025: AED 3,438 / sq ftQ4 2025: AED 3,639 / sq ftQ1 2026: AED 3,853 / sq ftQ2 2026: AED 3,601 / sq ftQ3 2026: AED 3,176 / sq ft3,176

District figures: DLD-recorded sales across Palm Jumeirah, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

Location: what's near Golden Mile

  • Metro: Al Fardan Exchange (3.0 km)
  • Schools: Dubai College (2.8 km), Choueifat School (3.1 km), Dubai American Academy (4.0 km)
  • Hospitals: Welcare Hospital (2.2 km), Emirates Hospital (2.9 km)
  • Malls: Palm Jumeirah Mall (400 m), Atlantis Mall (3.3 km)
  • Beach: Aquaventure Beach (3.1 km)
  • Park: Al Sufouh Park (3.1 km)
  • Airports: Dubai International Airport (27.8 km), Al Maktoum International Airport (22.7 km)

Straight-line distances from the building's mapped location; driving distances are longer. Map data © OpenStreetMap contributors.

How Golden Mile compares with Palm Jumeirah

The district's gross rental yield was 3.1% in the same report. Golden Mile is by Souq Residences, and DLD recorded 105 sales in the project over the past 24 months.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

Before you buy in Golden Mile

  • Ask for the service charge per sq ft and the last two years of statements.
  • Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
  • Compare the asking price with recorded sales in the same building, not just the area median.
  • Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

What is the rent in Golden Mile?

The median annual rent was AED 175,000 across 202 Ejari contracts in the past 6 months, and AED 183,230 across 377 contracts over 12 months. Half of those leases fell between AED 140,000 and AED 229,462.

What is the nearest metro station to Golden Mile?

Al Fardan Exchange station, about 3.0 km away in a straight line.

How far is Golden Mile from Dubai International Airport?

About 27.8 km in a straight line. Driving distance depends on the route.

Who developed Golden Mile?

Souq Residences, according to the DLD project register.

Which area is Golden Mile in?

DLD records it in Palm Jumeirah.

About these figures. Every number on this page comes from Dubai Land Department records: registered sales and Ejari rent contracts for Palm Jumeirah. We use medians rather than averages, so a few very large or very small deals don't skew the picture. Building figures are matched on the project name DLD records. Sale and rent figures are shown for the past 6 months and the past 12 months, so the latest market sits next to the longer view. Rents cover Ejari contracts registered in each period. DLD usually registers a sale about a month after it happens, so the newest weeks are always a little light. Last updated 3 October 2026. You may quote these figures with credit to Yazdan Properties, under CC BY 4.0.
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