To obtain a comprehensive payment plan for Golden Mile properties for sale, please reach out to one of the experts at Whitewill.
Dubai provides some of the highest rental yields globally, with an average annual return on investment of 6% and the possibility of achieving returns between 7% and 8% annually, with tax-free advantages.
The waterfront properties on Palm Jumeirah Island rank among the most desirable real estate options, offering exceptional views and easy access to a lavish lifestyle, attractions, and amenities, which makes them particularly attractive to visitors.
Dubai offers greater rental returns in comparison to major cities such as London, Miami, and New York.
Nakheel PJSC has won awards for creating the iconic first man-made island, The Palm Jumeirah.
Q: What is the Golden Mile on The Palm Jumeirah?
A: The Golden Mile is a prestigious residential and commercial development located on The Palm Jumeirah, an artificial island in Dubai, UAE. It comprises a series of luxurious properties, including townhouses, apartments and penthouses, designed to offer a lavish lifestyle with stunning views of the Arabian Gulf. The Golden Mile is known for its prime location, offering residents easy access to world-class amenities, including shopping, dining, and entertainment options.
Q: What types of apartments are available for sale in the Golden Mile?
A: In the Golden Mile, you can find a variety of apartments for sale, including 1 bedroom, 2 bedroom, 3 bedroom, and even spacious penthouses. These apartments are designed with modern interiors and often come fully furnished, providing an excellent opportunity for those looking to invest in a luxurious property in Dubai.
Q: What are the average prices for apartments in the Golden Mile?
A: The average price for apartments in the Golden Mile can vary significantly based on the size and type of property. Generally, 1 bedroom apartments start from around AED 1.5 million, while 2 bedroom apartments may range from AED 2.5 million to AED 3.5 million. Penthouses and larger 3 bedroom apartments can exceed AED 5 million, depending on their size and location within the Golden Mile complex.
Q: What are the benefits of buying a property in the Golden Mile?
A: Investing in a property in the Golden Mile, Palm Jumeirah offers numerous benefits. Firstly, it is situated in one of the most sought-after locations in Dubai, providing luxury living with stunning sea views and easy access to amenities.
«I recently purchased an apartment on the Golden Mile; it's incredibly spacious and features excellent finishes. I appreciate the easy access to supermarkets and attractions in Dubai». From Kevin L.
«I really like the open floor plan and built-in wardrobe, and especially the spacious master bedroom. It is a great living environment». From Amanda M.
Discover everything you need to know before you buy real estate in Dubai.
The buying process for buying property in Dubai:
Dubai Land Department (DLD) fee: 4% of property value; registration fees: 2,000 to 5,000 AED; real estate agent commission: 2% of property value; No Objection Certificate (NOC) fee: 500 to 5,000 AED.
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