Golden Mile 2, Palm Jumeirah

Golden Mile 2 is a mixed-use building in Palm Jumeirah, Dubai, developed by Nakheel. It holds about 112 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units.

The building was completed in 2016 and has been in use for about 10 years. 5 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,736 per sq ft.

Golden Mile 2 is one of 148 buildings in Palm Jumeirah: 88 are complete and 22 are still being built.

• A mixed-use ready building
• Located in Palm Jumeirah, Dubai
• Developed by Nakheel
• Completed in Q1 2016
• Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
• Sizes from 190 to 10,220 sq ft
• Service charge from AED 15.4 per sq ft
• Nakheel metro station 2.1 km away

الحالة

جاهز

المطور

Nakheel

الموقع

Palm Jumeirah, Dubai

مكتمل

Q1 2016

أنواع الوحدات

1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial

Prices from

AED 893.0K

متوسط السعر لكل sq ft

AED 1,736

Median gross yield

4.2%

رسوم الخدمات

AED 15.4 per sq ft (2018)

Nearest metro

Palm Jumeirah, 1 km

Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 2.6M to AED 4.1M (1,788 to 2,595 sq ft), across 10 sales
• 1-bedroom apartments: AED 2.0M to AED 2.7M (1,288 to 1,307 sq ft), across 5 sales
• 4-bedroom apartments: AED 6.4M to AED 10.4M (3,946 to 4,677 sq ft), across 3 sales
• 3-bedroom apartments: AED 4.1M to AED 4.4M (3,329 to 3,711 sq ft), across 2 sales

2-bedroom homes in Golden Mile 2 were let for AED 165.0K to AED 205.0K a year across 4 recent contracts, with a median of AED 188.5K.

Yearly rents from recent registered contracts, by unit type:

• 2-bedroom apartments: AED 165.0K to AED 205.0K a year (1,794 to 2,002 sq ft), across 4 contracts
• 1-bedroom apartments: AED 110.0K to AED 125.0K a year (1,288 to 1,307 sq ft), across 2 contracts

Every sale in Golden Mile 2Every rent contract in Golden Mile 2

The 2018 service charge in Golden Mile 2 is AED 15.4 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Golden Mile 2 is Nakheel (red line, 2.1 km, about 6 min drive), then Dubai Internet City (red line, 2.6 km, about 7 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 1 km, about 12 min walk) and Media City (orange line, 1.3 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

• نخلة جميراOrange line · 1 km · about 12 min walk
• Media CityOrange line · 1.3 km · about 5 min drive
• Knowledge VillageOrange line · 1.4 km · about 5 min drive
• Mina SeyahiOrange line · 1.7 km · about 5 min drive
• Al SufuohOrange line · 1.7 km · about 5 min drive
• Marina TowersOrange line · 2.1 km · about 6 min drive

The closest is Limited retail along Shoreline Apartments, 0.5 km from Golden Mile 2 (about 6 min walk).

• Limited retail along Shoreline ApartmentsShopping Mall · 0.5 km · about 6 min walk
• Spinneys / Emaar Towers, Dubai MarinaSupermarket · 2.2 km · about 6 min drive
• Marina WalkShopping Mall · 2.3 km · about 7 min drive
• Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 3.3 km · about 9 min drive
• Marina MallShopping Mall · 3.4 km · about 9 min drive

The closest is Oceana, The Palm Jumeirah, 0.9 km from Golden Mile 2 (about 11 min walk).

• Oceana, The Palm JumeirahHotel · 0.9 km · about 11 min walk
• One&Only Royal MirageHotel · 1 km · about 12 min walk
• The Residences, Palm JumeirahHotel · 1 km · about 12 min walk
• Arjaan By Rotana - Dubai Media CityHotel · 1.2 km · about 14 min walk
• The Westin Dubai Mina Seyahi Beach Resort & MarinaHotel · 1.4 km · about 5 min drive

The closest is Mediclinic - Al Sufouh, 1.4 km from Golden Mile 2 (about 5 min drive).

• Mediclinic - Al SufouhHospital · 1.4 km · about 5 min drive
• Cosmesurge & Emirates HospitalHospital · 2.3 km · about 7 min drive
• Dr Marc Mueller VIP ClinicHospital · 2.3 km · about 7 min drive
• Armada Medical CentreHospital · 3.5 km · about 9 min drive
• Saudi German HospitalHospital · 3.7 km · about 9 min drive

The closest is JBR Beach, 3.5 km from Golden Mile 2 (about 9 min drive).

• JBR BeachPark · 3.5 km · about 9 min drive

The nearest is Icademy Middle East Fz.Llc, 1.3 km away. Ratings are the KHDA's latest inspection grades.

• Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 1.3 km
• Dubai CollegeUK · KHDA: Outstanding · 2.1 km
• The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 2.4 km
• Regent International Private School L.L.CUK · KHDA: Very good · 3.3 km
• GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 3.3 km
• American School DubaiAmerican · KHDA: Good · 3.5 km

Palm Jumeirah has 148 buildings. A few others to compare Golden Mile 2 with:

• 

  Abu Keibal

  Palm Jumeirah · Nakheel

• 

  Al Anbara

  Palm Jumeirah · Nakheel

• 

  Al Basri

  Palm Jumeirah · Nakheel

• 

  Al Dabas

  Palm Jumeirah · Nakheel

• 

  Al Das

  Palm Jumeirah · Nakheel

• 

  Al Das - B10

  Palm Jumeirah · Nakheel