Golden Mile 3

Golden Mile 3 is part of the Golden Mile residential complex, situated on the western trunk of Palm Jumeirah. Offering easy access to the nearby Al Ittihad Park and the world-class amenities of Palm Jumeirah, Golden Mile 3 features one, two and three bedroom apartments as well as three-bedroom penthouses. Facilities include a swimming pool, gymnasium and basement parking.

 

 PROPERTY IMAGES

     

   

Contact us now to enjoy exclusive rental rates.

 

RENTAL STRUCTURE

Golden Mile 3 (Residential)

TYPE

SQ. FT.

RENTAL FEE PER ANNUM

REFUNDABLE SECURITY

DEPOSIT

ONE-TIME LEASING FEE
(INCL. VAT)

(AED)

1 CHEQUE

(5% DISCOUNT)

BASE RENT

2 / 4 / 6 CHEQUES

1 Bedroom Small

893 - 908

76,000

80,000

6,500

4,200.00

1 Bedroom Standard

1,040 – 1,041

85,500

90,000

6,500

4,725.00

1 Bedroom Medium

1,147 – 1,163

90,250

95,000

6,500

4,987.50

1 Bedroom Large

1,658 – 18,01

95,000

100,000

6,500

5,250.00

2 Bedroom

1,665 – 1,744

109,250

115,000

7,500

6,037.50

2 Bedroom Large

3,886

123,500

130,000

8,000

6,825.00

3 Bedroom

1,834 – 1,841

142,500

150,000

9,000

7,875.00

3 Bedroom Penthouse

4,392

185,250

195,000

12,500

10,237.50

  • One month rent free for new leases
  • Tenant should contact Al Shirawi US Chillers (Nakheel Asset Management, Building No. 2, between ENOC & Winchester School) to connect cooling for the apartment
  • Tenants to use only electrical cookers; as usage of gas cylinders is not allowed.
  • Tenant should pay AED 2,000 deposit directly to DEWA
  • Tenant should pay AED 215.25/- (incl. VAT) RERA Contract Registration Fees for lease renewals and new leases.
  • VAT will be applied as per the Law No.8 of 2017 on Value Added Tax (VAT) on the standards rates wherever applicable and will be collected upfront.
Cooling Charge Description Rate (AED) Payment Frequency
Connection and Administration Fee 3,150 (Incl. VAT) One time
Refundable Security Deposit 3,000 One time
Consumption Charge As per usage +5% VAT Monthly
Meter Service Fee 52.5 (Incl. VAT) Monthly
Reconnection Charge (ref. Cls.15) 2,100 (Incl. VAT) When invoked
Dishonoured Cheque Fee 3,000 When invoked
 

REQUIRED DOCUMENTS

 

1) Leases in personal name:

  • Valid passport copy with visa page, your current residency can be confirmed by an original employment letter (current dated, signed and stamped) or by verifying original passport, work permit or identification card.
  • Emirates Id Card
  • Contact / booking details forms to be filled
  • Legal tenant should be present for leasing formalities.

 

2) Leases in company name:

  • Confirmation letter from the company with the authorized person’s signature & company stamp.
  • Valid trade license copy.
  • Proof of authorized signatories (vide attaching a copy of Memorandum of Association / letter that is submitted to bank), including their passport copy with visa page.
  • Occupant's passport copies.
  • Contact / booking details forms to be filled
  • Lease documentation etc. should be collected by an authorized person, along with an authorization letter to do so on company letterhead.

 

3) Rental Cheques: all cheques must be issued by the legal tenant, tenancy contract holder only.

Note: The 1st payment or in case of 1 cheque the payment has to be made either in cash (if the amount is less than 40,000) or deposited into our bank account and submit the original receipt or should be paid by manager’s cheque. CDC are strictly not accepted as per Nakheel policy.

4) Cheques must be made payable to “PALM JUMEIRAH RESIDENTIAL LEASING”.

5) VAT will be applied as per the Law No.8 of 2017 on Value Added Tax (VAT) on the standards rates wherever applicable and will be collected upfront.

6) DEWA Deposit: to be paid at the DEWA office prior to key collection.

7) Discounts will be applicable on the number of cheque payments.

 

IMPORTANT NOTES

  • All of the above requirements are mandatory, without which leasing formalities will be incomplete.
  • Please be informed sharing, sub-leasing and exceeding the pre-defined number of occupants of each apartment type, all these practices are illegal and not allowed.

For registration/enquiries please contact Nakheel Leasing by email at leasing@nakheel.com or call 04 390 3333