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Ready building · Nakheel

Golden Mile 7, Palm Jumeirah

Highlights

Golden Mile 7 at a glance

About Golden Mile 7

Golden Mile 7 is a mixed-use building in Palm Jumeirah, Dubai, developed by Nakheel. It holds about 96 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Community.

The building was completed in 2016 and has been in use for about 10 years. 1 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,558 per sq ft.

Golden Mile 7 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 330 to 18,810 sq ft
  • Views: Community View
  • Service charge from AED 15.4 per sq ft
  • Nakheel metro station 2.8 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 980.0K
Median price per sq ft
AED 1,558
Median gross yield
4.8%
Service charge
AED 15.4 per sq ft (2018)
Nearest metro
Palm Jumeirah, 1.8 km

Building details

Inside Golden Mile 7

Properties in Golden Mile 7

1-bedroom apartments in Golden Mile 7

There are about 18 of these in Golden Mile 7, from 1,290 to 1,410 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in Golden Mile 7

There are about 42 of these in Golden Mile 7, from 1,790 to 2,600 sq ft. None has sold recently enough to quote a price.

3-bedroom apartments in Golden Mile 7

There are about 18 of these in Golden Mile 7, from 2,410 to 5,060 sq ft. None has sold recently enough to quote a price.

4-bedroom apartments in Golden Mile 7

There are about 1 of these in Golden Mile 7, from 9,930 sq ft. They have recently sold for a median of AED 17.5M, or AED 1,760 per sq ft. Owners who resold made a median 59% over what they paid.

Commercial units in Golden Mile 7

There are about 17 of these in Golden Mile 7, from 330 to 18,810 sq ft. None has sold recently enough to quote a price.

Unit types in Golden Mile 7 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed181,290 sqft119.8 sqmt – 1,410 sqft131 sqmtNo recent sales–
2 Beds421,790 sqft166.3 sqmt – 2,600 sqft241.5 sqmtNo recent salesAED 215K
3 Beds182,410 sqft223.9 sqmt – 5,060 sqft470.1 sqmtNo recent sales–
4 Beds19,930 sqft922.5 sqmtAED 17.5M–
Commercial17330 sqft30.7 sqmt – 18,810 sqft1,747.5 sqmtNo recent sales–

Recent transactions in Golden Mile 7

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 17.5M

    AED 1,763 /sqftAED 18,977 /sqmt

    ReadyApartment
    9,927 sqft922.2 sqmt4 BedsOwner21 Apr 2026

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 5M

    AED 1,916 /sqftAED 20,624 /sqmt

    ReadyApartment
    2,604 sqft241.9 sqmt2 BedsOwner3 Sept 2025

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 7.8M

    AED 1,588 /sqftAED 17,093 /sqmt

    ReadyApartment
    4,881 sqft453.5 sqmt3 BedsOwner15 Apr 2025

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 3M

    AED 1,563 /sqftAED 16,824 /sqmt

    ReadyApartment
    1,888 sqft175.4 sqmt2 BedsOwner13 Feb 2025

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 4M

    AED 1,517 /sqftAED 16,329 /sqmt

    ReadyApartment
    2,604 sqft241.9 sqmt2 BedsOwner19 Jan 2025

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 11M

    AED 1,111 /sqftAED 11,959 /sqmt

    ReadyApartment
    9,927 sqft922.2 sqmt4 BedsOwner19 Dec 2024

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 3.4M

    AED 1,874 /sqftAED 20,172 /sqmt

    ReadyApartment
    1,788 sqft166.1 sqmt2 BedsOwner23 Aug 2024

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 3.8M

    AED 1,464 /sqftAED 15,758 /sqmt

    ReadyApartment
    2,595 sqft241.1 sqmt2 BedsOwner21 Aug 2024

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 2.4M

    AED 1,839 /sqftAED 19,795 /sqmt

    ReadyApartment
    1,305 sqft121.2 sqmt1 BedOwner27 May 2024

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 7.9M

    AED 1,550 /sqftAED 16,684 /sqmt

    ReadyApartment
    5,063 sqft470.4 sqmt3 BedsOwner21 May 2024

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 3.2M

    AED 1,784 /sqftAED 19,203 /sqmt

    ReadyApartment
    1,794 sqft166.7 sqmt2 BedsOwner3 May 2024

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 3.2M

    AED 1,761 /sqftAED 18,955 /sqmt

    ReadyApartment
    1,794 sqft166.7 sqmt2 BedsOwner9 Feb 2024

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 4M

    AED 1,657 /sqftAED 17,836 /sqmt

    ReadyApartment
    2,414 sqft224.3 sqmt3 BedsOwner21 Dec 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 2.2M

    AED 1,660 /sqftAED 17,868 /sqmt

    ReadyApartment
    1,307 sqft121.4 sqmt1 BedOwner11 Dec 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 2.3M

    AED 1,085 /sqftAED 11,679 /sqmt

    ReadyApartment
    2,096 sqft194.7 sqmt2 BedsOwner10 Jul 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 2.6M

    AED 1,426 /sqftAED 15,349 /sqmt

    ReadyApartment
    1,788 sqft166.1 sqmt2 BedsOwner26 Jun 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 4.3M

    AED 1,292 /sqftAED 13,907 /sqmt

    ReadyApartment
    3,328 sqft309.2 sqmt3 BedsOwner5 Jun 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 1.6M

    AED 1,211 /sqftAED 13,035 /sqmt

    ReadyApartment
    1,342 sqft124.7 sqmt1 BedOwner31 May 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 2.6M

    AED 1,454 /sqftAED 15,651 /sqmt

    ReadyApartment
    1,788 sqft166.1 sqmt2 BedsOwner24 May 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 3.8M

    AED 1,553 /sqftAED 16,716 /sqmt

    ReadyApartment
    2,414 sqft224.3 sqmt3 BedsOwner16 May 2023

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 175K/yr

    ApartmentNew contract
    1,788 sqft166.1 sqmt2 Bedsto

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 280K/yr

    ApartmentNew contract
    1,788 sqft166.1 sqmt2 Bedsto

  • Golden Mile 7, Golden Mile

    Palm Jumeirah

    AED 215K/yr

    ApartmentRenewal
    1,794 sqft166.7 sqmt2 Bedsto

Every sale in Golden Mile 7Every rent contract in Golden Mile 7

Service charges in Golden Mile 7

The 2018 service charge in Golden Mile 7 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 7
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2018)AED 15.41,290 sqft119.8 sqmt – 1,410 sqft131 sqmtAED 19,866 – AED 21,714
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 15.42,410 sqft223.9 sqmt – 5,060 sqft470.1 sqmtAED 37,114 – AED 77,924
4 Beds Apartment (2018)AED 15.49,930 sqft922.5 sqmtAED 152,922 – AED 152,922

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

Nearby amenities

Around Golden Mile 7

Transportation near Golden Mile 7

The nearest Dubai Metro station from Golden Mile 7 is Nakheel (red line, 2.8 km, about 8 min drive), then Dubai Internet City (red line, 3.3 km, about 9 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 1.8 km, about 6 min drive) and Media City (orange line, 2 km, about 6 min drive). Most residents will drive or take a taxi to the metro.

  • Palm JumeirahOrange line · 1.8 km · about 6 min drive
  • Media CityOrange line · 2 km · about 6 min drive
  • Knowledge VillageOrange line · 2 km · about 6 min drive
  • Mina SeyahiOrange line · 2.2 km · about 6 min drive
  • Al SufuohOrange line · 2.3 km · about 7 min drive
  • Marina TowersOrange line · 2.7 km · about 7 min drive

Shopping and groceries near Golden Mile 7

The closest is Limited retail along Shoreline Apartments, 0.3 km from Golden Mile 7 (about 4 min walk).

  • Limited retail along Shoreline ApartmentsShopping Mall · 0.3 km · about 4 min walk
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 2.7 km · about 7 min drive
  • The PointeShopping Mall · 2.8 km · about 8 min drive
  • Marina WalkShopping Mall · 2.9 km · about 8 min drive
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 3.7 km · about 9 min drive

Restaurants and hotels near Golden Mile 7

The closest is Oceana, The Palm Jumeirah, 0.2 km from Golden Mile 7 (about 2 min walk).

  • Oceana, The Palm JumeirahHotel · 0.2 km · about 2 min walk
  • The Residences, Palm JumeirahHotel · 0.3 km · about 4 min walk
  • Marina View Deluxe Hotel ApartmentHotel · 0.8 km · about 10 min walk
  • Lotus Hotel Apartments & Spa - MarinaHotel · 0.9 km · about 11 min walk
  • One&Only Royal MirageHotel · 1.7 km · about 5 min drive

Hospitals and clinics near Golden Mile 7

The closest is Mediclinic - Al Sufouh, 2.1 km from Golden Mile 7 (about 6 min drive).

  • Mediclinic - Al SufouhHospital · 2.1 km · about 6 min drive
  • Cosmesurge & Emirates HospitalHospital · 2.7 km · about 7 min drive
  • Dr Marc Mueller VIP ClinicHospital · 2.8 km · about 8 min drive
  • Armada Medical CentreHospital · 4 km · about 10 min drive
  • Eternity Medicine Institute DubaiHospital · 4.2 km · about 10 min drive

Parks and leisure near Golden Mile 7

The closest is JBR Beach, 3.8 km from Golden Mile 7 (about 10 min drive).

  • JBR BeachPark · 3.8 km · about 10 min drive

Schools near Golden Mile 7

The nearest is Icademy Middle East Fz.Llc, 2.1 km away. Ratings are the KHDA's latest inspection grades.

  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 2.1 km
  • Dubai CollegeUK · KHDA: Outstanding · 2.7 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 3 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 3.9 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 4 km
  • GEMS Wellington International School - Dubai BranchUK - UK/IB - International Baccalaureate (1 · KHDA: Outstanding · 4.1 km

Other buildings in Palm Jumeirah

Palm Jumeirah has 148 buildings. A few others to compare Golden Mile 7 with:

All 148 Palm Jumeirah buildings →

Things to consider about Golden Mile 7

In its favour

  • Owners who resold have made money: a median gain of up to 59%.
  • 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 2.8 km away, so a car helps.

Specialists

Brokers who know Golden Mile 7

These brokers handle sales and lettings in Golden Mile 7 and can tell you what is available now.

FAQs

Golden Mile 7: questions answered

Golden Mile 7 was developed by Nakheel in Palm Jumeirah.

Golden Mile 7 is completed in Q1 2016.

Across its 20 most recent registered sales, Golden Mile 7 sold for a median of AED 1,558 per sq ft and AED 3.6M per unit.

Recent yearly contracts in Golden Mile 7 have a median rent of AED 215.0K.

The median gross yield on recently sold units in Golden Mile 7 is 4.8%: the rent the unit earned over its purchase price, before costs.

The 2018 service charge for residential units in Golden Mile 7 is AED 15.4 per sq ft a year, as registered with the Dubai Land Department.

Golden Mile 7 has 1 Bed (1,290 to 1,410 sq ft), 2 Beds (1,790 to 2,600 sq ft), 3 Beds (2,410 to 5,060 sq ft), 4 Beds (9,930 sq ft), Commercial (330 to 18,810 sq ft).

Palm Jumeirah is about 1.8 km from Golden Mile 7.

The nearest schools include Icademy Middle East Fz.Llc (2.1 km), Dubai College (2.7 km), The International School of Choueifat (3 km).

Buying, selling or renting in Golden Mile 7?

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

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