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Golden Mile 8, Palm Jumeirah

Golden Mile 8, Palm Jumeirah

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Strengths

Stunning waterfront views

Proximity to amenities

Luxurious lifestyle

Weakens

High maintenance fees

Traffic congestion

Limited parking space

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Description

Golden Mile 8, Palm Jumeirah

Real Estate Overview

Building Overview

  • Golden Mile 8 is a prestigious residential building situated on the iconic Palm Jumeirah, a man-made island renowned for its luxurious living.
  • The building boasts stunning sea views and offers direct access to both beach activities and the vibrant lifestyle of nearby leisure facilities.
  • This location provides proximity to retail outlets, fine dining restaurants, and recreational attractions, making it a desirable destination for both residents and investors.

Properties Overview

  • The property features a mix of spacious apartments ranging from one to four bedrooms, ideal for families and professionals.
  • Rental prices in Golden Mile 8 typically range from AED 100,000 to AED 250,000 annually, while sales prices can start around AED 1.5 million to AED 5 million depending on the size and amenities.

Market Trends

  • In the last year, rental prices have shown a steady increase, reflecting a growing demand for luxury residences in Palm Jumeirah.
  • Sales trends indicate a strong market with competitive pricing, making it an attractive investment opportunity with promising returns.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Within close proximity, residents can find supermarkets, high-quality schools, hospitals, and clinics, ensuring all essential services are easily accessible.
  • The Palm Jumeirah area is also home to many international educational institutions and healthcare facilities, catering to diverse needs.

Transportation and Accessibility

  • Golden Mile 8 is conveniently located near the Palm Monorail, providing easy access to key areas of Dubai.
  • Residents can also benefit from ample parking spaces and quick connectivity to major highways, enhancing accessibility within the city.

Lifestyle Amenities

  • The building offers impressive lifestyle amenities, including a state-of-the-art fitness center, swimming pools, and landscaped gardens.
  • Nearby, residents can enjoy a variety of dining options, luxurious spas, and beach clubs, promoting an active social lifestyle.

Builing Facilities

  • Key facilities include high-speed elevators, top-notch security systems, central air conditioning, and efficient maintenance services for hassle-free living.

Special Services

  • Residents benefit from exceptional concierge services, guest lounges, and business centers that cater to both personal and professional needs.

Planning Your Move or Investment

Floor Plans and Property Types

  • Golden Mile 8 offers diverse floor plans to accommodate different preferences and lifestyles, whether for rentals or ownership.

Things to Consider

  • Potential tenants and buyers should evaluate property size, layout, proximity to amenities, and parking availability when considering a move.

Useful FAQs and Support

Events and Building Life

Building Events

  • Golden Mile 8 often hosts social gatherings, community events, and resident meet-ups to foster a strong community spirit among residents.

Community Identity

  • The building's unique architectural design and vibrant atmosphere make it a distinguished landmark on Palm Jumeirah, reflecting luxury and a high-quality lifestyle.

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Detailed Buiding Insights

1. Family Friendliness

Golden Mile 8 offers a family-friendly environment with spacious apartments, access to beaches, and nearby parks, making it ideal for families with children.

Exceptionally Welcoming

2. Living Options

Residents can choose from a variety of living spaces including luxury apartments and penthouses, catering to different preferences and lifestyles.

Broadly Diverse

3. Safety And Security

The community features robust security measures, including 24/7 surveillance and gated access, contributing to a safe living environment.

Remarkably Secure

4. Transportation

Public transport options are available but may not be extensive, with access to major roads facilitating travel to other parts of Dubai.

Moderately Convenient

5. Amenities And Facilities

Golden Mile 8 boasts a wide range of amenities, including swimming pools, fitness centers, and proximity to shopping and dining options.

Richly Equipped

6. Cost Of Living

Given its premium location on Palm Jumeirah, the cost of living tends to be on the higher side relative to other areas in Dubai.

Relatively High

7. Things To Do

Residents enjoy a variety of recreational activities, including beach access, fine dining, and vibrant nightlife options.

Vibrantly Diverse

8. Noise Levels

While the community is lively, it maintains a tranquil atmosphere due to its layout and green spaces.

Generally Peaceful

9. Pet Friendliness

Many apartments are pet-friendly, and there are ample walking spaces and parks, making it suitable for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Local Information

Buy:

284.8K AED - 390.8K AED

Rent:

23.5K AED - 31.7K AED

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