Golden Mile 4, Palm Jumeirah
Golden Mile 4 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 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 4
Golden Mile 4 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 May 2006 and the buildings completed by August 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 4 offers one, two and three-bedroom apartments plus penthouse units. The exact total unit count for this specific building is not published by any source checked, though listing activity confirms an active resale and rental market for the building today.
Location & Nearby Landmarks
Golden Mile 4 sits on the western trunk of Palm Jumeirah, directly above the Golden Mile Galleria retail development, a 400,000-square-foot mall with around 70 shops and restaurants. The Palm Monorail and Palm West Beach are both a few minutes' walk away, with Nakheel Mall around 5 minutes 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 6 and Golden Mile 10. Nearby trunk-side towers with their own building guides include Marina Residences 6 and Shoreline Apartments Building 6, each with its own layout and unit mix.
Unit Types
Golden Mile 4 offers one-bedroom apartments around 1,303 sq ft, two-bedroom units between 1,887 and 2,440 sq ft, three-bedroom apartments around 2,500 sq ft, and penthouses ranging from 4,121 to 10,221 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 swimming pools, a gymnasium, retail and dining at the adjoining Golden Mile Galleria, covered parking, round-the-clock security and camera surveillance, plus ongoing building maintenance.
Transportation & Access
Golden Mile 4's trunk-side position gives direct access on and off Palm Jumeirah via Al Sufouh Road, with the Palm Monorail a short walk 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 Golden Mile 4 apartments available to rent from roughly AED 180,000 to AED 315,000 per year, an asking-price range rather than a confirmed sale comparable. 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 4 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 across the Golden Mile complex: a furnished one-bedroom unit listed as "Golden Mile in Palm Jumeirah" is currently live on Airbnb, confirming real STR demand along this stretch of the trunk. 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 4 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