GOLDEN MILE

Name: GOLDEN MILE project market intelligence
Creator: Dubai Best Research

FINISHED

By Souq Residences Fzco · Palm Jumeirah

Median price/sqft

AED 947

3-yr CAGR

+15.8%

Transactions

2,072

Gross yield

4.7%

Launch → now (est.)

+154%

est. — modelled from compounded CAGR, pending launch-price data.

FINISHED

Project imagery — coming soon

10 Residential Buildings consisting of, 3B+G+M+6+PH+R. Located in Pal Jumeirah, to be constructed out of concrete structure and block with internal and external finishes.

Appreciation — multiple measures

One number can mislead — we show the full picture.

1-yr CAGR

+11.6%

3-yr CAGR

+15.8%

5-yr CAGR

+20.5%

Median price: AED 1,900,000
Price/sqft (last 12 months): AED 1,945
Secondary-market share: 38%
Resale-only (est.): +18.8%
Like-for-like 1BR (est.): +16.8%

Current gross yield by bedroom

Studio: 6.2%
1BR: 5.4%
2BR: 5.4%
3BR: 4.9%
4BR+: 3.4%

Studio	1BR	2BR	3BR	4BR+
6.2%	5.4%	5.4%	4.9%	3.4%

Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages.

Price & volume trend

Quarterly median price per sqft (line) against transaction volume (bars).

Recent transactions

12 Jun 2026

Unit: Studio · 480 sqft
Price: AED 436,320
AED per sqft: AED 909

28 May 2026

Unit: 1BR · 760 sqft
Price: AED 719,720
AED per sqft: AED 947

17 Apr 2026

Unit: 1BR · 820 sqft
Price: AED 807,700
AED per sqft: AED 985

05 Mar 2026

Unit: 2BR · 1,180 sqft
Price: AED 1,095,040
AED per sqft: AED 928

Date	Unit	Price	AED per sqft
12 Jun 2026	Studio · 480 sqft	AED 436,320	AED 909
28 May 2026	1BR · 760 sqft	AED 719,720	AED 947
17 Apr 2026	1BR · 820 sqft	AED 807,700	AED 985
05 Mar 2026	2BR · 1,180 sqft	AED 1,095,040	AED 928

Sample — representative transactions, pending the transaction-level DLD feed.

Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded

Project facts

Developer: Souq Residences Fzco
Area: Palm Jumeirah
Status: FINISHED
Units: 992
Buildings: 10
Completion date: 23 Aug 2009
Completed: 100%

Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.

Available now

1BR · 745 sqft
AED 719,670
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 1,074,010
Verified 24 Jul 2026

Illustrative — live listings coming soon.

Want a better unit than what's listed?

We source off-market opportunities in this project.

Related intelligence

Souq Residences Fzco profile→Palm Jumeirah area intelligence→Compare nearby projects→

Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed

Not financial advice · Figures nominal unless stated