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).
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
| Developer | Souq Residences |
|---|---|
| Location | Palm Jumeirah |
| Status | Ready and handed over (Ejari leases registered) |
| Nearest metro station | Al Fardan Exchange, about 3.0 km |
| DLD-recorded sales, past 24 months | 105 |
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.
| Period | Lower quarter | Median | Upper quarter | Contracts |
|---|---|---|---|---|
| Last 6 months | AED 140,000 | AED 175,000 | AED 229,462 | 202 |
| Last 12 months | AED 147,000 | AED 183,230 | AED 230,000 | 377 |
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
| Type | Last 6 months | Last 12 months | Gross yield (6 / 12 mo) |
|---|---|---|---|
| 1-bedroom | AED 120,000 57 contracts | AED 135,000 97 contracts | |
| 2-bedroom | AED 175,000 90 contracts | AED 185,000 177 contracts | |
| 3-bedroom | AED 295,000 47 contracts | AED 300,000 81 contracts | |
| 4-bedroom | AED 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.
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.
- Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?
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.
Keep exploring
- Palm Jumeirah: prices, rents and yields
- Rental yield in Palm Jumeirah
- Apartments for sale in Palm Jumeirah
- Apartments for rent in Palm Jumeirah
- Studio apartments in Palm Jumeirah
- 1-bedroom apartments in Palm Jumeirah
- 2-bedroom apartments in Palm Jumeirah
- 3-bedroom apartments in Palm Jumeirah
- Passo By Beyond
- Seven Hotel and Apartments The Palm
- Marina Residence
- Royal Amwaj
- Serenia Living
- The Palm Tower
- Fairmont Palm Residence
- Nearby: Dubai Marina
- Palm Jumeirah vs Dubai Marina
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