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Golden Mile 5
Golden Mile 5Palm Jumeirah
2,000,000 AEDmarket
1,530 AED/ft²
Delivered: Q3 2009
Completed
Nakheel

Golden Mile 5

Palm Jumeirah

1 - 5 BedsApartment

Launch price

1,090,000 AED

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Buildings
Palm Jumeirah
Golden Mile 5
Nakheel

Golden Mile 5

Palm Jumeirah

1 - 5 BedsApartment

Launch price

1,090,000 AED

Golden Mile 5

Palm Jumeirah

by Nakheel

Booking
-

Booking

Construction
-

Construction

Handover
-

Handover

Local Information

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Description

Golden Mile offers apartments for sale in Palm Jumeirah, a completed residential and commercial complex by Nakheel with 839 units. Nakheel completed the project in 2009, comprising 10 interconnected 11-storey buildings. The development features 1, 2, and 3-bedroom apartments, townhouses, and penthouses. Located on the western trunk of Palm Jumeirah, it provides convenient access to the Golden Mile Galleria, a retail and dining destination. Al Ittihad Park and a Palm Monorail station are within a two-minute distance. The complex is also a short drive from Nakheel Mall, Dubai Media City, and Dubai Marina.

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Price Analysis for Golden Mile 5

Apartment

1 B/R

83%
183 units
1,282 – 1,767 ft²
No market history available yet

Starting price

1.09M

834 /ft²

Current price

2.00M

1,530 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Golden Mile 5

DatePriceTypeBeds
29 May 20252,000,000Apartment1 B/R1,307 ft²—1,530
29 May 2025
2,000,000
1 B/RApartment

1,307 ft²

—

1,530

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 1 most recent sales transactions

What's Available for Golden Mile 5

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

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Price Trends

For units in Palm Jumeirah

Comparable Buildings in Palm Jumeirah

Assigned Schools

Affordability

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FAQ

Golden Mile 5 features direct access to the Golden Mile Galleria, an on-site retail arcade containing a Spinneys supermarket, cafes, and medical services. The building also backs onto the 2.7-kilometre Al Ittihad Park, providing a dedicated jogging track and green space for outdoor activity.
The building caters to families and professionals seeking a community-focused environment on the Palm Jumeirah trunk. The availability of large layouts, ranging from 1-bedroom apartments to 5-bedroom townhouses, supports both single occupants and those requiring multi-bedroom configurations.
The Palm Monorail serves the Golden Mile complex, with the Al Ittihad Park station located within walking distance of the building. This monorail connects to the Gateway Station at the trunk entrance, which provides access to the broader Dubai tram and metro network.
This development is a mature development completed in 2009, which differs from newer off-plan projects on the island. Prospective buyers should account for the building's age and standard strata management practices when evaluating long-term maintenance expectations.
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Price Trends

For units in Palm Jumeirah

AED/ft²

Mean 1 B/R value
Golden Mile 5: 1,530

AED/ft²

Mean value
Golden Mile 5:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Palm Jumeirah

BuildingPrice per ft²ConstructionHandoverDeveloper
Al KhushkarNakheel
1,921 AED/ft²
25.6%
100%
Q4 2007
Al Khushkar
1,921 AED/ft²25.6%
100%
Q4 2007
Nakheel logo
Al SarroodNakheel
2,009 AED/ft²
31.3%
100%
Q4 2007
Al Sarrood
2,009 AED/ft²31.3%
100%
Q4 2007
Nakheel logo
Marina Residences 3Nakheel
1,813 AED/ft²
18.5%
100%
Q2 2009
Marina Residences 3
1,813 AED/ft²18.5%
100%
Q2 2009
Nakheel logo
Golden Mile 1Nakheel
2,174 AED/ft²
42.1%
100%
Q3 2009
Golden Mile 1
2,174 AED/ft²42.1%
100%
Q3 2009
Nakheel logo
Golden Mile 10Nakheel
1,900 AED/ft²
24.2%
100%
Q3 2009
Golden Mile 10
1,900 AED/ft²24.2%
100%
Q3 2009
Nakheel logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Palm Jumeirah neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
Palm Jumeirah
116 Buildings For You
Buy: AED 472K - 226.0M
YoY Price Change: +35.9%
Gross Yield: No rental data available yet
Neighborhood stats provided by Dubai Land Department.