Home › Communities › Palm Jumeirah › Golden Mile

Golden Mile rent: what tenants really pay

Rent in Golden Mile, Palm Jumeirah: 1-bed AED 127,500, 2-bed AED 185,000, 3-bed AED 310,000 a year. These are medians of 392 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 100, against AED 118 across Palm Jumeirah. One home here is advertised for rent now.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“Golden Mile: value at AED 100 a sq ft against the Palm Jumeirah median of 118. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about Golden Mile

  1. Per sq ft, a 2-bed here costs 15% less than the Palm Jumeirah median: AED 100 against AED 118. It is number 2 of 15 Palm Jumeirah buildings, cheapest first.
  2. New 1-bed tenants pay AED 127,500, renewing tenants AED 135,000. For the same home, renewing is more expensive than moving in: a new tenant pays 7% less.
  3. New-lease rent per sq ft fell 8% on the year, to AED 99 a sq ft.
  4. About 1 homes are advertised for rent against 392 leases signed in a year: little on the market, so expect less room to negotiate.
  5. 75 leases end in the next 60 days, so more homes may become available soon.

Rent in Golden Mile by bedrooms

AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
1-bed127,500135,000–1,304100109
2-bed185,000188,245–1,799100206
3-bed310,000305,000–3,3299772

Where Golden Mile is, and the buildings around it

We do not hold the exact position of Golden Mile yet; the map shows Palm Jumeirah.

Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.

Finding

A new 1-bed tenant in Golden Mile pays 7% less than a renewing one for the same home.

New lease against renewal: same building, same bedrooms, size within 15%

Finding

New-lease rent per sq ft in Golden Mile fell 8% on the year.

Median new lease, AED a sq ft, by quarter

AED 99 a sq ft in the 12 months to 15 Oct 2026, against AED 107 the year before. Quarters with fewer than 10 new leases are left out of the chart.

Supply

75 leases in Golden Mile end in the next 60 days.

Leases ending soon: homes that may become available

Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.

Compare: other Palm Jumeirah buildings, 2-bed

BuildingNew leaseSize sq ftAED / sq ftLeases
Grandeur Residences187,5001,7679830
Marina Residence195,0001,778103301
Ellington Beach House200,0001,42513826
Balqis Residence217,5001,96610938
The 8220,0001,33116546
Royal Amwaj225,0001,77113628
Fairmont Palm Residence230,0001,77212884
Tiara Residence262,5001,677143128

Buying in Palm Jumeirah? Sale prices, every tower, resale and off-plan: Palm Jumeirah on BUY DUBAI →

Questions

How much is rent in Golden Mile?

Rent in Golden Mile, Palm Jumeirah: 1-bed AED 127,500, 2-bed AED 185,000, 3-bed AED 310,000 a year. These are medians of 392 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 100, against AED 118 across Palm Jumeirah. One home here is advertised for rent now.

How much is a 1 bedroom in Golden Mile?

The median rent for a new 1-bed lease in Golden Mile is AED 127,500 a year (AED 10,625 a month). The median size is 1,304 sq ft. This is from 54 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 2 bedroom in Golden Mile?

The median rent for a new 2-bed lease in Golden Mile is AED 185,000 a year (AED 15,417 a month). The median size is 1,799 sq ft. This is from 96 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 3 bedroom in Golden Mile?

The median rent for a new 3-bed lease in Golden Mile is AED 310,000 a year (AED 25,833 a month). The median size is 3,329 sq ft. This is from 32 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in Golden Mile?

For a 1-bed, new tenants pay a median AED 127,500 and renewing tenants AED 135,000. For the same home, a new tenant pays 7% less.

Is rent going up in Golden Mile?

Rent per sq ft on new leases in Golden Mile: AED 99 in the 12 months to 15 Oct 2026, against AED 107 the year before.

What are the alternatives to Golden Mile in Palm Jumeirah?

Similar rent for a 2-bed: Grandeur Residences AED 187,500, Marina Residence AED 195,000, Ellington Beach House AED 200,000, Balqis Residence AED 217,500.

How we worked it out, and the limits

Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.

This building. Leases are matched by the Ejari project name "GOLDEN MILE". 392 leases 16 Oct 2025–15 Oct 2026, 184 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.

Full method: What the leases say → · Checking a rent rise? Rent increase calculator →

Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.

DaliaAIAsk Dalia