Building · Palm Jumeirah

Properties for rent in Golden Mile 1

Nothing for rent in Golden Mile 1 with McCone right now. What Palm Jumeirah rents for, and what this building yields, below.

Every recorded sale in Golden Mile 1 — prices, sizes and the year it was handed over

Palm Jumeirah rent per sq ft
AED 129
a year · 3,895 contracts in Palm Jumeirah
Gross yield
7.2%
2 B/R · Palm Jumeirah rents over its own sale prices
Recorded sale price
AED 1,547
per sq ft · 205 sales on record
Handed over
2016
Derived from the register

The area, not the building

Recorded rents in Palm Jumeirah

The register does not name Golden Mile 1 on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from the DLD area Palm Jumeirah, which also covers Emirates Golf Club. The full Palm Jumeirah rental report →

LayoutMedian rentNew leaseRenewalPer sq ft / yearContracts
Studio95,00095,00095,000201250
1 B/R150,000150,000145,0001291,054
2 B/R205,000220,000200,0001191,560
3 B/R290,000315,000274,687120710
4 B/R800,000912,500735,000133187
5 B/R906,0001,200,000800,00015089
6 B/R1,625,0001,550,0001,677,50012132

A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.

Rent against price

Gross yield in Golden Mile 1

Palm Jumeirah's recorded rent per square foot a year over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
3 B/R120Palm Jumeirah · 7101,2629.5%
2 B/R119Palm Jumeirah · 1,5601,6577.2%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 4 Sept 2026.

We are not marketing anything in Golden Mile 1 today, but we know it and we hear about homes before they list. Tell us what you are after.