What is the price for a 1-bedroom apartment in the Golden Mile area of Palm Jumeirah in Dubai?
The current asking price for a 1-bedroom apartment in Golden Mile, Palm Jumeirah ranges from approximately AED 2,700,000 to AED 3,500,000, depending on size, floor, view, and finish. Average listings are around AED 2,900,000. :contentReference[oaicite:0]{index=0}
Golden Mile offers large layouts (around 1,280-1,310 sq ft for many 1-bedroom units), high ceilings, premium finishes, sea or Palm view, and often high floor placement. So what adds to the price premium? Views, larger floor plates, upgrades, and exclusivity all matter significantly.
Recent Listings & Key Comparisons
Layout / Feature | Price (AED) | Notes |
High floor, ~1,303 sq ft, Golden Mile 2 | ~AED 2,700,000 | Vacant soon; view premium. |
Exclusive listing, finished, Golden Mile 3 | ~AED 2,850,000 | Premium finishing. |
Prime location, ~1,290 sq ft | ~AED 3,500,000 | Sea/front view; top end. |
Factors That Drive Price Differences
- Floor level and view (sea / Palm view adds premium).
- Size of the apartment (sq ft); many 1-bedrooms are ~1,300 sq ft in Golden Mile.
- Quality of finish and interior upgrades.
- Building amenities, exclusivity of the building, and whether it’s a prime or slightly less premium corner.
Given market data for Golden Mile 1,2,3 listings, the earlier quoted range of AED 1.5-2.5 million is now outdated current asking prices have moved significantly higher. Buyers looking in Golden Mile should be prepared for investments in the ~AED 2.7-3.5 million band for good units.
Value Insight
- Multiple listings cluster around AED 2.7-3.0 million for ~1,300 sq ft units.
- Premium units (sea / view / higher floor) push beyond AED 3.4-3.5 million.