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Ready building · Nakheel

Golden Mile 1, Palm Jumeirah

Highlights

Golden Mile 1 at a glance

About Golden Mile 1

Golden Mile 1 is a mixed-use building in Palm Jumeirah, Dubai, developed by Nakheel. It holds about 102 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 1,607 per sq ft.

Golden Mile 1 is one of 148 buildings in Palm Jumeirah: 88 are complete and 22 are still being built.

In a nutshell

  • 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 11,520 sq ft
  • Service charge from AED 15.4 per sq ft
  • Nakheel metro station 2 km away
Status
Ready
Developer
Nakheel
Location
Palm Jumeirah, Dubai
Completed
Q1 2016
Unit types
1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
Prices from
AED 836.0K
Median price per sq ft
AED 1,607
Median gross yield
4.5%
Service charge
AED 15.4 per sq ft (2018)
Nearest metro
Palm Jumeirah, 0.9 km

Building details

Inside Golden Mile 1

Properties in Golden Mile 1

1-bedroom apartments in Golden Mile 1

There are about 18 of these in Golden Mile 1, from 1,290 to 1,500 sq ft. They have recently sold for a median of AED 2.8M, or AED 2,170 per sq ft. Owners who resold made a median 65% over what they paid.

2-bedroom apartments in Golden Mile 1

There are about 42 of these in Golden Mile 1, from 1,790 to 2,600 sq ft. They have recently sold for a median of AED 3.7M, or AED 1,940 per sq ft. Owners who resold made a median 13% over what they paid.

3-bedroom apartments in Golden Mile 1

There are about 19 of these in Golden Mile 1, from 2,420 to 3,730 sq ft. They have recently sold for a median of AED 4.9M, or AED 1,370 per sq ft.

4-bedroom apartments in Golden Mile 1

There are about 7 of these in Golden Mile 1, from 3,950 to 10,220 sq ft. They have recently sold for a median of AED 8.0M, or AED 2,010 per sq ft.

Commercial units in Golden Mile 1

There are about 16 of these in Golden Mile 1, from 190 to 11,520 sq ft. None has sold recently enough to quote a price.

Unit types in Golden Mile 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed181,290 sqft119.8 sqmt – 1,500 sqft139.4 sqmtAED 2.8MAED 125K
2 Beds421,790 sqft166.3 sqmt – 2,600 sqft241.5 sqmtAED 3.7MAED 165K
3 Beds192,420 sqft224.8 sqmt – 3,730 sqft346.5 sqmtAED 4.9MAED 160K
4 Beds73,950 sqft367 sqmt – 10,220 sqft949.5 sqmtAED 8M–
Commercial16190 sqft17.7 sqmt – 11,520 sqft1,070.2 sqmtNo recent sales–

Recent transactions in Golden Mile 1

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 2.8M

    AED 2,174 /sqftAED 23,401 /sqmt

    ReadyApartment
    1,288 sqft119.7 sqmt1 BedOwner8 Apr 2026

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 4.9M

    AED 1,368 /sqftAED 14,725 /sqmt

    ReadyApartment
    3,583 sqft332.9 sqmt3 BedsOwner13 Mar 2026

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 8M

    AED 2,015 /sqftAED 21,689 /sqmt

    ReadyApartment
    3,946 sqft366.6 sqmt4 BedsOwner6 Jan 2026

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 3.5M

    AED 1,657 /sqftAED 17,836 /sqmt

    ReadyApartment
    2,097 sqft194.8 sqmt2 BedsOwner5 Jan 2026

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 4M

    AED 2,230 /sqftAED 24,004 /sqmt

    ReadyApartment
    1,794 sqft166.7 sqmt2 BedsOwner28 Nov 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 5.2M

    AED 1,451 /sqftAED 15,618 /sqmt

    ReadyApartment
    3,583 sqft332.9 sqmt3 BedsOwner4 Nov 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 2.9M

    AED 1,383 /sqftAED 14,886 /sqmt

    ReadyApartment
    2,097 sqft194.8 sqmt2 BedsOwner3 Sept 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 5.2M

    AED 1,562 /sqftAED 16,813 /sqmt

    ReadyApartment
    3,329 sqft309.3 sqmt3 BedsOwner24 Jun 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 3.3M

    AED 1,825 /sqftAED 19,644 /sqmt

    ReadyApartment
    1,808 sqft168 sqmt2 BedsOwner17 Jun 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 4.7M

    AED 1,791 /sqftAED 19,278 /sqmt

    ReadyApartment
    2,597 sqft241.3 sqmt2 BedsOwner28 Mar 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 8.1M

    AED 1,854 /sqftAED 19,956 /sqmt

    ReadyApartment
    4,369 sqft405.9 sqmt4 BedsOwner27 Mar 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 3.3M

    AED 1,648 /sqftAED 17,739 /sqmt

    ReadyApartment
    2,002 sqft186 sqmt2 BedsOwner3 Mar 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 1.7M

    AED 1,207 /sqftAED 12,992 /sqmt

    ReadyApartment
    1,409 sqft130.9 sqmt1 BedOwner10 Feb 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 3.1M

    AED 1,722 /sqftAED 18,535 /sqmt

    ReadyApartment
    1,800 sqft167.2 sqmt2 BedsOwner24 Jan 2025

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 4.6M

    AED 1,241 /sqftAED 13,358 /sqmt

    ReadyApartment
    3,706 sqft344.3 sqmt3 BedsOwner31 Oct 2024

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 3.3M

    AED 1,853 /sqftAED 19,946 /sqmt

    ReadyApartment
    1,794 sqft166.7 sqmt2 BedsOwner16 Oct 2024

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 7M

    AED 1,565 /sqftAED 16,846 /sqmt

    ReadyApartment
    4,442 sqft412.7 sqmt4 BedsOwner24 Jul 2024

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 4.3M

    AED 1,140 /sqftAED 12,271 /sqmt

    ReadyApartment
    3,729 sqft346.4 sqmt3 BedsOwner16 Jul 2024

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 5.2M

    AED 1,547 /sqftAED 16,652 /sqmt

    ReadyApartment
    3,329 sqft309.3 sqmt3 BedsOwner11 Jul 2024

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 2.8M

    AED 1,529 /sqftAED 16,458 /sqmt

    ReadyApartment
    1,799 sqft167.1 sqmt2 BedsOwner2 Jul 2024

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 160K/yr

    ApartmentRenewal
    1,794 sqft166.7 sqmt2 Bedsto

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 170K/yr

    ApartmentRenewal
    1,808 sqft168 sqmt2 Bedsto

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 202K/yr

    ApartmentRenewal
    2,604 sqft241.9 sqmt2 Bedsto

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 228K/yr

    ApartmentRenewal
    3,329 sqft309.3 sqmt3 Bedsto

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 155K/yr

    ApartmentNew contract
    1,940 sqft180.2 sqmt2 Bedsto

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 160K/yr

    ApartmentRenewal
    3,329 sqft309.3 sqmt3 Bedsto

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 135K/yr

    ApartmentRenewal
    1,304 sqft121.1 sqmt1 Bedto

  • Golden Mile 1, Golden Mile

    Palm Jumeirah

    AED 115K/yr

    ApartmentNew contract
    1,288 sqft119.7 sqmt1 Bedto

Every sale in Golden Mile 1Every rent contract in Golden Mile 1

Service charges in Golden Mile 1

The 2018 service charge in Golden Mile 1 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.

Service charges in Golden Mile 1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 15.41,290 sqft119.8 sqmt – 1,500 sqft139.4 sqmtAED 19,866 – AED 23,100
2 Beds Apartment (2018)AED 15.41,790 sqft166.3 sqmt – 2,600 sqft241.5 sqmtAED 27,566 – AED 40,040
3 Beds Apartment (2018)AED 15.42,420 sqft224.8 sqmt – 3,730 sqft346.5 sqmtAED 37,268 – AED 57,442
4 Beds Apartment (2018)AED 15.43,950 sqft367 sqmt – 10,220 sqft949.5 sqmtAED 60,830 – AED 157,388

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

Available now

Properties for sale and rent in Golden Mile 1

Units in Golden Mile 1 listed with fäm right now. Each listing has its own photos, price and the broker handling it.

Nearby amenities

Around Golden Mile 1

Transportation near Golden Mile 1

The nearest Dubai Metro station from Golden Mile 1 is Nakheel (red line, 2 km, about 6 min drive), then Dubai Internet City (red line, 2.5 km, about 7 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 0.9 km, about 11 min walk) and Media City (orange line, 1.2 km, about 14 min walk). Most residents will drive or take a taxi to the metro.

  • Palm JumeirahOrange line · 0.9 km · about 11 min walk
  • Media CityOrange line · 1.2 km · about 14 min walk
  • Knowledge VillageOrange line · 1.3 km · about 5 min drive
  • Mina SeyahiOrange line · 1.6 km · about 5 min drive
  • Al SufuohOrange line · 1.7 km · about 5 min drive
  • NakheelRed line · 2 km · about 6 min drive

Shopping and groceries near Golden Mile 1

The closest is Limited retail along Shoreline Apartments, 0.6 km from Golden Mile 1 (about 7 min walk).

  • Limited retail along Shoreline ApartmentsShopping Mall · 0.6 km · about 7 min walk
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 2.1 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 · 3.3 km · about 9 min drive

Restaurants and hotels near Golden Mile 1

The closest is One&Only Royal Mirage, 0.9 km from Golden Mile 1 (about 11 min walk).

  • One&Only Royal MirageHotel · 0.9 km · about 11 min walk
  • Oceana, The Palm JumeirahHotel · 1 km · about 12 min walk
  • Arjaan By Rotana - Dubai Media CityHotel · 1.1 km · about 13 min walk
  • The Residences, Palm JumeirahHotel · 1.2 km · about 14 min walk
  • The Westin Dubai Mina Seyahi Beach Resort & MarinaHotel · 1.3 km · about 5 min drive

Hospitals and clinics near Golden Mile 1

The closest is Mediclinic - Al Sufouh, 1.3 km from Golden Mile 1 (about 5 min drive).

  • Mediclinic - Al SufouhHospital · 1.3 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 · 3.4 km · about 9 min drive
  • Saudi German HospitalHospital · 3.6 km · about 9 min drive

Parks and leisure near Golden Mile 1

The closest is JBR Beach, 3.4 km from Golden Mile 1 (about 9 min drive).

  • JBR BeachPark · 3.4 km · about 9 min drive

Schools near Golden Mile 1

The nearest is Icademy Middle East Fz.Llc, 1.2 km away. Ratings are the KHDA's latest inspection grades.

  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 1.2 km
  • Dubai CollegeUK · KHDA: Outstanding · 2.1 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 2.3 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 3.1 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 3.2 km
  • American School DubaiAmerican · KHDA: Good · 3.4 km

Other buildings in Palm Jumeirah

Palm Jumeirah has 148 buildings. A few others to compare Golden Mile 1 with:

All 148 Palm Jumeirah buildings →

Things to consider about Golden Mile 1

In its favour

  • Owners who resold have made money: a median gain of up to 65%.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • The nearest running metro station is 2 km away, so a car helps.

Specialists

Brokers who know Golden Mile 1

These brokers handle sales and lettings in Golden Mile 1 and can tell you what is available now.

FAQs

Golden Mile 1: questions answered

Golden Mile 1 was developed by Nakheel in Palm Jumeirah.

Golden Mile 1 is completed in Q1 2016.

Across its 20 most recent registered sales, Golden Mile 1 sold for a median of AED 1,607 per sq ft and AED 4.1M per unit.

Recent yearly contracts in Golden Mile 1 have a median rent of AED 160.0K.

The median gross yield on recently sold units in Golden Mile 1 is 4.5%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Golden Mile 1 is AED 15.4 per sq ft a year, as registered with the Dubai Land Department.

Golden Mile 1 has 1 Bed (1,290 to 1,500 sq ft), 2 Beds (1,790 to 2,600 sq ft), 3 Beds (2,420 to 3,730 sq ft), 4 Beds (3,950 to 10,220 sq ft), Commercial (190 to 11,520 sq ft).

Palm Jumeirah is about 0.9 km from Golden Mile 1.

The nearest schools include Icademy Middle East Fz.Llc (1.2 km), Dubai College (2.1 km), The International School of Choueifat (2.3 km).

Buying, selling or renting in Golden Mile 1?

A broker who works Palm Jumeirah will tell you what is available and what comparable homes went for.

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