Golden Mile 10, Palm Jumeirah
Golden Mile 10 is one of the ten interconnected buildings that make up the Golden Mile complex on Palm Jumeirah's trunk, developed by Nakheel in partnership with IFA Hotels & Resorts and completed in 2009. The building holds one, two and three-bedroom apartments alongside three-bedroom penthouses, and Royale Stays manages the setup, pricing and guest side of listing a unit for a fee starting from 15%.
Storeys
10-11
Developer
Nakheel & IFA Hotels & Resorts
Completed
2009
Unit Types
1-3BR + Penthouse
Location
Palm Jumeirah Trunk
About Golden Mile 10
Golden Mile 10 is part of the Golden Mile, a complex of ten interconnected residential buildings running along the trunk of Palm Jumeirah. The complex was developed by Nakheel, Palm Jumeirah's master developer, in partnership with IFA Hotels & Resorts, with construction starting in 2004 and the buildings completed in 2009. Sources vary on the exact storey count for the individual buildings, reporting either 10 or 11 floors, with retail and freehold office space included alongside the residential units.
Golden Mile 10 offers one, two and three-bedroom apartments plus three-bedroom penthouse units. The exact total unit count for this specific building is not published by any source checked, though current resale and rental listings confirm an active market for the building today.
Location & Nearby Landmarks
Golden Mile 10 sits on the trunk of Palm Jumeirah, directly above the Golden Mile Galleria retail development, a 400,000-square-foot mall with around 70 shops and restaurants. Nakheel Mall and West Palm Beach are both close by, with the FIVE Palm Jumeirah hotel a short distance further along the trunk. For a wider view of the area's short-term rental market, Royale Stays' Airbnb management guide for Palm Jumeirah covers licensing and demand across the island.
The Golden Mile complex includes several separately numbered buildings covered individually on royalestays.com, including Golden Mile 4 and Golden Mile 6. Owners exploring options at nearby trunk-side developments can also see Royale Stays' guide to Mina by Azizi, each with its own layout and unit mix.
Unit Types
Golden Mile 10 offers one-bedroom apartments around 1,307 sq ft, two-bedroom units around 1,802 sq ft, three-bedroom apartments around 2,414 sq ft, and three-bedroom penthouses from around 4,688 sq ft. The total unit count for this specific building is a genuine gap in the public record and is not asserted here.
Amenities
Residents have access to a swimming pool, gymnasium, sauna, jacuzzi, barbecue deck and children's play area, plus retail and dining at the adjoining Golden Mile Galleria. Basement parking is allocated per apartment size, high-speed elevators serve the building, and round-the-clock security includes 24-hour CCTV monitoring.
Transportation & Access
Golden Mile 10's trunk-side position gives direct access on and off Palm Jumeirah via Al Sufouh Road, with the Palm Monorail a short drive away connecting to the Dubai Tram network at Nakheel. Dubai Marina, JBR and Downtown Dubai are all a comfortable drive away, with Dubai International Airport around 30 minutes by car.
Rental Market
Current online listings show two-bedroom Golden Mile 10 apartments available to rent from roughly AED 180,000 to AED 240,000 per year, an asking-price range rather than a confirmed sale comparable. Across the wider Golden Mile complex, average asking rent runs close to AED 230,000 per year. Owners weighing a specific unit's numbers can run their own scenario through Royale Stays' ROI calculator.
Airbnb / Short-Term Rental Income Potential
Renting a Golden Mile 10 apartment short-term needs a DTCM holiday home permit, professional photography, dynamic pricing, round-the-clock guest communication, housekeeping between stays, and owners-association coordination. Palm Jumeirah is one of Royale Stays' core managed areas, and the company runs the full operation for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications, with a single monthly statement covering revenue, fee, costs and net transfer.
Short-term letting activity is already established at Golden Mile 10 specifically: furnished units listed as "Golden Mile 10, Palm Jumeirah" are currently live across booking platforms including Booking.com and Expedia, confirming real STR demand in this exact building, not just the wider complex. Nakheel and IFA Hotels & Resorts are private developers, not hotel brands: there is no policy reason, unlike Vida, the site's only confirmed prohibited brand, that Golden Mile 10 apartments can't be run as licensed holiday homes. The wider operational approach is covered in Royale Stays' guide to Airbnb property management in Dubai. Owners ready to move forward can submit their property for a free earnings estimate.
Income context reviewed by Chris Veinbaums, DTCM-licensed operator.
Questions