Golden Mile - Rents Agreed - Market Trends
Rents Agreed and Market Trends in Golden Mile, Palm Jumeirah.
The monthly rental growth for Golden Mile apartments had slowed down earlier this year but experienced a overall positive growth of 4.52% during the last 12 months.
In many communities the affordability of people working in Dubai has “become stretched and a rent ceiling has been reached”.
Golden Mile : Rental Growth (AED/sq.ft)
Source: Property Monitor.ae
Rents Agreed at Golden Mile (Renewals have Black Circle).
Source: PropertyMonitor.ae
Source: PropertyMonitor.ae
Source: PropertyMonitor.ae
Golden Mile specialist Gareth Davies - Award Winning Broker says:
From the enquiries and rental deals in which I have been involved, I have noticed the following: -
During 2025, most of my enquiries have been from British citizens “escaping the inflation, increased interest rates and political problems” being experienced in the United Kingdom.
Apartments with kitchen and bathrooms fitted and presented in European styles and presentations were achieving premium rents compared to apartments with original, dark kitchens and bathrooms.
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