A new leasing program for the residential component of the Golden Mile, Palm Jumeirah project in Dubai has recently been introduced.

Golden Mile, Palm Jumeirah is located on the western portion of the Palm Jumeirah trunk and has a total of 10 buildings consisting of 860 residential units, offices and retail outlets. The residential component will be managed by Fairmont Palm Hotel & Resort and includes one, two and three bedroom apartments, townhouses and penthouses with sea and park views. Tenants can move into their new residences from March 2009.

�We are committed to delivering superior services and quality residential properties to our customers. This leasing service gives Dubai residents an affordable option to enjoy a luxurious island lifestyle and the spaciousness of these new apartments, which are 50% larger than comparable Dubai apartments,� comments Piaras Moriarty, Vice President of Sales & Marketing for IFA Hotels & Resorts, developers of Golden Mile, Palm Jumeirah.

Residents in Golden Mile, Palm Jumeirah will enjoy services similar to those offered in a 5 star hotel. A range of concierge services will be provided with an option to purchase additional �a la carte� services including child-care, housekeeping, grocery shopping and more. Residents will also experience the convenience of having chic cafes, shops and boutiques within the development, as well as various pools and well equipped gyms.

This leasing program was initially introduced within The Palm Residence shoreline apartment buildings, also under the management of Fairmont Palm Hotel & Resort, which boasts very high occupancy levels. Currently, all units available for leasing in The Palm Residence are occupied.

�The introduction of a similar program for Golden Mile, Palm Jumeirah will now allow existing owners to either occupy their apartments or lease them through us, in order to achieve high rental yields and secure a return on their investments,� added Moriarty.

For more information, please call UAE toll free 800 4322 or (9714) 404 3424 or email info@ifahotelsresorts.com