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Palm Jumeirah

Golden Mile

جولدن ميل

SOUQ RESIDENCES FZCO · Home sales since 2004 · mostly resales in the 12 months to 29 Sep 2026

Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Golden Mile was AED 1,926/sqft in Jul 2026, from 5 home sales recorded.

The Land Department’s record

completed per the Land Department · 100% complete · buildings · 992 units · 10 buildings · DLD target completion August 2009

Registered developer: SOUQ RESIDENCES FZCO (DLD no. 244)

Zoned by Trakhees

From the Land Department’s projects file, file dated 15 June 2026.

Rents recorded under Palm Jumeirah

Typical yearly rent of AED 200,000 across 4,267 tenancies recorded in the community over the last 12 months.

This is the community’s figure, not this project’s.

Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.

Golden Mile
Typical price per sqft

AED 1,926/sqft

Jul 2026 · 5 home sales

Annual growth · resales

+9.7%

Jul 2023 to Jul 2026, scaled up to a year

Resale record

120 months

Recorded home resales here fall in 120 months, Apr 2016 to Sep 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

What would this size cost?

Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Golden Mile — not an asking price, and not this project’s overall typical price, which mixes every size together.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Price per sqft trend

AED 3,493/sqftMay 2004Sep 2026

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

What it returns

A year of rent compared with what completed homes of that size actually sold for in Golden Mile over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Golden Mile itself. The rest are homes of the same size in Palm Jumeirah, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.

SizePrice now, ready homesRents forYield before costsReady sales, 12 months
1 bedAED 2.68MAED 130,000/yrthis building · 57 new lets4.9%8
2 bedsAED 3.66MAED 190,000/yrthis building · 103 new lets5.2%22
3 bedsAED 6.37MAED 307,500/yrthis building · 34 new lets4.8%10
4 bedsAED 11.79MAED 550,000/yrsame size in Palm Jumeirah · 42 new lets4.7%2

Why this is lower than yields quoted elsewhere

The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 1.8M), a 2 beds here reads 10.6% instead of 5.2%. The yield in the table above uses the AED 3.66M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.

What it returns after service charges

Starting from the typical owners’ association budget in this area — AED 26/sqft across 17 projects, recorded for 2021–2026 (11 for 2026). Charges have risen since then, so replace it with your own invoice if you have one. How to check it.

SizeCharge / yearRent after itYield before costsYield after service charge
2 bedsAED 45,890AED 144,1105.2%3.9%
3 bedsAED 84,880AED 222,6204.8%3.5%

Only the service charge is taken off.

A separate reserve-fund line appears in 16 of the 17 project budgets counted together here; the middle of those is AED 2/sqft.

Yield before costs: a year of rent as a share of the price.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.

Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.

Common questions about Golden Mile

How much does a home in Golden Mile cost?

Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Golden Mile was AED 3.66M for a 2-bedroom (22 ready sales) and AED 6.37M for a 3-bedroom (10 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.

How much is rent in Golden Mile?

The typical rent (the median: half of the rent contracts were above this, half below) in Golden Mile is AED 190,000/yr for a 2-bedroom (103 new tenancies recorded in Golden Mile itself) and AED 307,500/yr for a 3-bedroom (34 new tenancies recorded in Golden Mile itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Golden Mile itself.

What rental yield does Golden Mile give?

The yield before costs on completed homes in Golden Mile is about 5.2% on a 2-bedroom and 4.8% on a 3-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.

Is Golden Mile selling off-plan or as resales?

0% of the 49 home sales recorded in Golden Mile in the 12 months to 29 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.

When did Golden Mile start selling?

The Land Department's register holds 2,090 home sales in Golden Mile. The earliest was recorded in May 2004 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.

Due diligence

Price vs. Palm Jumeirah typical price

-41.1%

Priced at or below the area's typical price. Jul 2026: 5 sales here against 63 in the area.

Developer track record

2,092 recorded sales

Matched to SOUQ RESIDENCES FZCO, May 2004 to 29 Sep 2026.

1 completed · 0 off-plan/in progress

Full track record →

Verify before you commit

Permit, title, broker license, escrow — the free checks you can run yourself.

Verification guide →

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.

Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.

Handover competition

Moderate competition

When Golden Mile handed over in August 2009, 3 other projects in Palm Jumeirah had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 20 other projects in Palm Jumeirah as not yet finished. None of the 3 listed below is among them.

Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.

What's around this property

Transport, schools, healthcare, and daily essentials within 3 km.

Nearest metro

427 m

Al-Ittihad Park

Nearest school

1.5 km

ICCA Dubai

Nearest hospital

1.5 km

Welcare Hospital

Nearest supermarket

279 m

Spinneys

Metro stations

  • Al-Ittihad Park427 m
  • Palm Gateway952 m
  • Palm Jumeirah Mall1.3 km
  • Al Fardan Exchange2.3 km

Schools

  • ICCA Dubai1.5 km
  • Premier Genie1.6 km
  • Coventry University UAE Regional Hub1.6 km
  • Dubai College2.2 km

Hospitals & clinics

  • Welcare Hospital1.5 km
  • Health Avenue Polyclinics2.4 km
  • Emirates Hospital2.5 km

Supermarkets

  • Spinneys279 m
  • Waitross1.1 km
  • Monoprix1.2 km
  • Circle K1.6 km

Bus stops

  • Bus stop1.3 km
  • Bus stop1.3 km
  • Big bus 21 Media city1.5 km
  • International advertising association building1.6 km

Pharmacies

  • New Super Care1.6 km
  • Life Pharmacy1.9 km
  • Community Pharmacy2.1 km
  • Life Pharmacy2.1 km

Malls

  • Palm Jumeirah Mall1.2 km

Parks

  • Emaar Business Park2.4 km
  • Al Sufouh Park2.6 km
  • Greens Park2.8 km

Mosques

  • Mosque Sheikh Rashid bin Mohammed2.0 km
  • Tecom Masjid2.2 km
  • Mosque2.5 km
  • Abdulrahman Siddik Mosque3.0 km

Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.

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Buildings in this project

Priced from each tower’s own recorded sales, rather than the project’s typical price above.

Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Other projects in Palm Jumeirah

Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.

Passo By Beyond

ESTATE GRAND REAL ESTATE DEVELOPMENT L.L.C

AED 5,357/sqft

Sep 2026 · 7 home sales

Marina Residence

THE PALM - JUMEIRAH CO. (L.L.C)

AED 2,219/sqft

Aug 2026 · 5 home sales

Seven Hotel And Apartments The Palm

SEVEN TIDES REAL ESTATE DEVELOPMENT L.L.C

AED 3,933/sqft

Jun 2026 · 6 home sales

Serenia Living

Palma Homes Real Estate Development L.L.C

AED 4,682/sqft

Sep 2026 · 5 home sales

Royal Amwaj

SEVEN TIDES LIMITED

AED 2,249/sqft

Feb 2026 · 7 home sales

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Seen a listing for this?

Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.

Buying in Golden Mile?

Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.

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