Golden Mile 2, Palm Jumeirah
Golden Mile 2 is a freehold residential building on the western trunk of Palm Jumeirah, one of ten numbered mid-rise buildings that make up the Golden Mile complex. Royale Stays already manages a 3-bedroom penthouse inside this exact building. Royale Stays manages Palm Jumeirah short-term rentals from a fee starting from 15%.
Developer
IFA Hotels & Resorts / Nakheel
Storeys
10-11
Completed
late 2000s
Units
178, 1-3BR + penthouse
About Golden Mile 2
Golden Mile 2 is a freehold residential building on the western trunk of Palm Jumeirah, one of ten numbered, interconnected mid-rise buildings that make up the wider Golden Mile complex. The complex was developed with IFA Hotels & Resorts as development partner under Nakheel's Palm Jumeirah masterplan, and sits on a shared retail and office podium with convenient access to Sheikh Zayed Road.
Golden Mile 2 itself rises 10 to 11 storeys and holds 178 units across a 1, 2 and 3-bedroom mix plus penthouses, completed as part of the wider Golden Mile handover in the late 2000s. Golden Mile 2 should not be confused with Golden Mile 4, Golden Mile 6 or Golden Mile 10, three separate buildings in the same complex with their own dedicated guides on this site. Apartments at Golden Mile 2 are individually owned on a freehold basis, open to buyers from anywhere in the world.
Location & Nearby Landmarks
Golden Mile 2 sits on the western trunk of Palm Jumeirah, within the wider Golden Mile complex and its shared retail and office podium. The location gives residents and guests easy access to Sheikh Zayed Road, useful for commutes toward Downtown Dubai, Dubai Marina or Abu Dhabi. Within walking distance are everyday conveniences including supermarkets, restaurants and a health club.
Golden Mile 2 joins Royale Stays' wider Palm Jumeirah Building Guide cluster alongside Balqis Residence, Serenia Residences and Golden Mile 3, other Palm Jumeirah buildings Royale Stays covers.
Unit Types
Golden Mile 2 offers a 1, 2 and 3-bedroom apartment mix, with penthouses on the upper floors. Standard apartments come with one basement parking slot, while penthouses come with two. Exact unit counts and internal layouts vary building to building within the complex; buyers and renters typically work from a portal's current live listings for up-to-date floorplans.
Amenities
Golden Mile 2 offers residents and guests access to a swimming pool, a gym, a sauna and jacuzzi, a barbecue area and a kids' play area, plus high-speed passenger and service elevators. Covered basement parking is available, with public parking nearby for visitors.
Transportation & Access
Golden Mile 2's trunk-side position gives it more direct road access than Crescent-side Palm Jumeirah buildings, with convenient access onto Sheikh Zayed Road for onward travel toward Downtown Dubai, Dubai Marina or Abu Dhabi. The Palm Monorail's nearest stops along the trunk connect through to Palm Gateway and onward to Atlantis and Nakheel Mall. Dubai International Airport is a roughly 25-35 minute drive.
Rental & Price Trends
No single published nightly rate exists for Golden Mile 2 alone, so the figures below use Royale Stays' own Palm Jumeirah portfolio data: Royale Stays currently manages a 3-bedroom penthouse inside Golden Mile 2 itself, one of four properties feeding the Palm Jumeirah 3-bedroom blended average of roughly AED 1,696 a night at 88 percent occupancy. For other unit types, the wider Palm Jumeirah averages are: 2-bedroom units around AED 1,423 a night, and 1-bedroom units around AED 706 a night, both at similar occupancy.
Airbnb / Short-Term Rental Income Potential
Golden Mile 2 already has real, confirmed short-term letting activity: a live Airbnb listing exists for a 1-bedroom apartment naming this exact building, and Royale Stays itself currently manages a 3-bedroom penthouse inside Golden Mile 2 as part of its Palm Jumeirah portfolio. This is stronger evidence than a general area signal, professionally managed short-term letting is already an active, proven strategy inside this specific building.
As with other Palm Jumeirah buildings developed with a hospitality-sector partner, permit arrangements can in some cases be routed through the building's management structure. Royale Stays handles furnishing, photography, pricing, check-in, guest communications and maintenance from a fee starting from 15%.
Royale Stays' Golden Mile 2 penthouse figures reflect the company's own current portfolio record as of this guide's research.
Questions