Golden Mile - Palm Jumeirah

The Golden Mile is a complex of 10 buildings on the trunk of Palm Jumeirah having mainly apartments, some office space and retail. The residences were delivered in 2009 but the commercial aspects of the development were mired in a legal dispute which was recently resolved (Nov 2014). Retail aspect will greatly enhance this project in 2015.

Master Community: Palm Jumeirah
Property Types Available: Apartments, Offices, Hotels
Location: Palm Jumeirah
Cluster: Trunk
Status: Ready
Year Launched: 2004
Year Completed: 2009
Developer: IFA Hotels & Resorts
Contractor: Al Shafar
Title Type: Freehold
Quality Classification: High-end
Height Classification: Mid-rise
Life Cycle: Mature
Special Classification: Residential Building with some retail, Mixed-use: Hotel & Office Building
Ready Buildings: 10
Ready Apartments: 780
Floors: 11
Total Retail Shops: 70

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About Golden Mile

Announced in 2004, The Golden Mile stretches across the trunk of the Palm Jumeirah and is parallel to the Shoreline Apartments. Unlike most other development on the Palm, the Golden Mile is not a water-front project and therefore, capital values are usually lower than in other developments. However, in terms of quality and livability - these are considered to be very good properties.

On a typical floor, there are four types of units:

Type A: 3 Bedroom Premium, built up area of 3,144 sq. ft - not including balcony.

Type B: 3 Bedroom Deluxe, built up area of 2,034 sq. ft. - not including balcony

Type C: 2 Bedroom Premium, built up area of 1,572 sq. ft. - not including balcony area

Type D: 2 Bedroom Deluxe, built up area of 1,540 sq. ft. - not including balcony area

Type E: 1 Bedroom Premium, built up area of 1,098 sq. ft. - not including balcony area

Type F: 1 Bedroom Deluxe, built up area of 1,109 sq. ft. - not including balcony area

Updates

August 2015 Update: Read our Special Report on Palm Jumeirah

Dubai Land Classification Details:

Land Number: 1976

Project Number: 388

RERA Permit No:: 11045

Brokerage Firm: Taktical Realty Group LLC

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