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Golden Mile 10, Palm Jumeirah

Golden Mile 10, Palm Jumeirah

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Strengths

Prime Location

Luxury Amenities

Spacious Units

Weakens

High Maintenance Fees

Traffic Congestion

Limited Public Transport

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Description

Golden Mile 10, Palm Jumeirah

Real Estate Overview

Building Overview

  • Golden Mile 10 is strategically located on the iconic Palm Jumeirah, known for its luxurious waterfront living and stunning views.
  • The building is surrounded by a blend of high-end retail outlets, upscale restaurants, and essential services, enhancing its appeal.
  • Proximity to key landmarks such as Atlantis The Palm and The Boardwalk boosts the building's desirability.
  • Residents can enjoy easy access to the Atlantis Aquaventure Waterpark, leisure facilities, and beach access.

Properties Overview

  • The building offers a range of residential units, from spacious one-bedroom apartments to premium four-bedroom penthouses.
  • Rental prices in Golden Mile 10 typically range from AED 100,000 to AED 250,000 annually, depending on unit size and views.
  • For prospective buyers, property prices range from AED 1.5 million to AED 5 million, making it an attractive option for investors.
  • Popular units include those with sea views, which are in high demand due to their picturesque outlook.

Market Trends

  • The real estate market in Palm Jumeirah has seen a steady increase in both rental and sales prices over the past year, showing resilience.
  • Rental yields in the area average around 6-7%, appealing to investors looking for solid returns.
  • As more developments emerge, the demand for properties in Golden Mile 10 is expected to remain strong, with anticipated price increases.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have access to nearby supermarkets like Spinneys and Carrefour for grocery needs.
  • Prominent schools in the vicinity include The American School of Dubai and Dubai International Academy.
  • Healthcare options are abundant with clinics and hospitals, such as Mediclinic and Emirates Hospital, located just a short drive away.

Transportation and Accessibility

  • Golden Mile 10 residents enjoy excellent connectivity with readily available taxis, and public transport options such as the Palm Monorail.
  • Ample parking spaces are available for residents and guests, ensuring convenience.
  • Accessibility to major highways makes commuting to Dubai Marina, JLT, and Downtown Dubai simple.

Lifestyle Amenities

  • The building is equipped with modern fitness facilities, swimming pools, and spa options to cater to residents' wellness needs.
  • Numerous dining options range from casual cafes to fine dining establishments along The Walk at Palm Jumeirah.
  • Recreational activities include water sports, beach club access, and outdoor jogging paths for an active lifestyle.

Builing Facilities

  • Golden Mile 10 includes high-speed elevators, 24/7 security services, and centralized air conditioning.
  • Maintenance services are readily available to ensure residents' convenience and comfort.

Special Services

  • Concierge services and guest support are available to assist residents with their everyday needs.
  • Business centers and meeting rooms provide a dedicated space for working from home or conducting meetings.

Planning Your Move or Investment

Floor Plans and Property Types

  • The building features a variety of floor plans catering to diverse needs, including open-concept layouts and multi-bedroom configurations.

Things to Consider

  • When considering a move to Golden Mile 10, evaluate the proximity to amenities, lifestyle preferences, and long-term investment potential.
  • Research local market trends and property values to make informed decisions regarding rentals or purchases.

Useful FAQs and Support

Events and Building Life

Building Events

  • Golden Mile 10 hosts regular community events such as seasonal celebrations, cultural gatherings, and resident meet-and-greets.
  • Social opportunities are abundant, fostering a sense of community among residents.

Community Identity

  • The building is recognized for its contemporary architecture and luxurious lifestyle, making it a hallmark of Palm Jumeirah.
  • Its unique design and prime location contribute to a vibrant cultural and recreational identity.

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Detailed Buiding Insights

1. Family Friendliness

The community offers extensive amenities and recreational facilities suitable for families, including parks, playgrounds, and family-oriented events. The area is designed to be safe and friendly for children, making it an ideal place for families.

Exceptionally Welcoming

2. Living Options

Golden Mile 10 features a variety of residential options, including luxury apartments and spacious villas. The diverse living arrangements cater to different family sizes and preferences, allowing for a range of lifestyle choices.

Broadly Diverse

3. Safety And Security

The community is equipped with state-of-the-art security systems, including 24/7 surveillance and controlled access points. Residents feel safe due to the presence of security personnel and the low crime rates in the area.

Remarkably Secure

4. Transportation

While there are multiple transportation options available, including taxis and a nearby monorail station, public transportation routes are somewhat limited. However, the community is well-connected to the city's main roads, facilitating easy access to other areas.

Moderately Convenient

5. Amenities And Facilities

Golden Mile 10 boasts a wide array of amenities, including gyms, swimming pools, cafes, and retail shops. The well-planned layout ensures residents have easy access to everything they need within walking distance.

Richly Equipped

6. Cost Of Living

Although the community offers luxurious living conditions and high-end amenities, the cost of living can be quite high compared to other areas in Dubai. This is largely due to the prime location and the exclusivity of housing options.

Relatively High

7. Things To Do

There are numerous leisure activities available in and around Golden Mile 10, including dining, shopping, and beach access. The vibrant atmosphere attracts both residents and visitors, ensuring there is always something to do.

Vibrantly Diverse

8. Noise Levels

The community maintains a tranquil environment with well-maintained landscaping and sound insulation in the buildings. While some noise from nearby amenities can be heard, it does not typically disrupt the peaceful living experience.

Generally Peaceful

9. Pet Friendliness

Golden Mile 10 is considered pet-friendly, with several parks and open spaces designated for pets. Many residents take advantage of the pet-friendly amenities, and the community has a welcoming attitude toward furry companions.

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:

253.8K AED - 315.7K AED

Rent:

20.1K AED - 31.9K AED

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