Fairmont Palm Residence, Palm Jumeirah: sale prices and transactions
Fairmont Palm Residence is a project registered with the Dubai Land Department (project no. 390) in Palm Jumeirah. Since November 2005, 1,602 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 36 sales closed at a median AED 30,219 per m² (AED 2,807 per sq ft).
- AED 30,219median price per m²
- AED 2,807median price per sq ft
- 1,602sales since 2005
- 36sales in 12 months
- +11.6%change year on year
- 562registered homes
Its price per m² is 21.2% below the Palm Jumeirah median (AED 38,327/m²). Sales combine off-plan purchases (41.9%) and resales of completed homes.
Fairmont Palm Residence prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 7 | AED 2,615,000 | 126 m² |
| Apartment · 2 bedrooms | 20 | AED 5,142,500 | 164 m² |
| Apartment · 3 bedrooms | 6 | AED 9,118,686 | 417 m² |
Fairmont Palm Residence price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 16 | AED 12,435 | AED 1,155 | — |
| 2020 | 28 | AED 10,767 | AED 1,000 | -13.4% |
| 2021 | 48 | AED 14,327 | AED 1,331 | +33.1% |
| 2022 | 66 | AED 18,057 | AED 1,678 | +26% |
| 2023 | 53 | AED 21,859 | AED 2,031 | +21.1% |
| 2024 | 59 | AED 25,417 | AED 2,361 | +16.3% |
| 2025 | 49 | AED 28,985 | AED 2,693 | +14% |
| 2026 (to mid-October) | 23 | AED 26,990 | AED 2,507 | -6.9% |
Fairmont Palm Residence rents
204 Ejari contracts started in the project over the last 12 months. Indicative gross yield: 2 bedrooms 4.6%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 81 | AED 150,000 | 127,700 – 161,935 | AED 150,000 |
| Apartment · 2 bedrooms | 85 | AED 235,000 | 201,200 – 285,000 | AED 235,000 |
| Apartment · 3 bedrooms | 24 | AED 420,000 | 346,250 – 587,500 | AED 425,000 |
| Apartment · 4 bedrooms | 12 | AED 575,000 | 447,500 – 645,000 | — |
Registered homes at Fairmont Palm Residence
The DLD register lists 562 homes for this project across 1 building (up to 14 floors), with a median size of 163 m².
- 1 bedroom: 164
- 2 bedrooms: 268
- 3 bedrooms: 78
- 4 bedrooms: 20
- 5+ bedrooms: 2
- Penthouse: 30
Buildings recorded in sales
- THE RESIDENCES NORTH
- THE RESIDENCES SOUTH
Location
- Nearest metro: Palm Jumeirah
- Shopping mall: Marina Mall
- Landmark: Burj Al Arab
Neighbouring projects in Palm Jumeirah
Same price per m² elsewhere in Dubai
- Ellington Sands II, Palm Deira — AED 30,129/m²
- Canal Heights, Business Bay — AED 30,243/m²
- Elmora, Jumeirah Garden City — AED 30,089/m²
- Lia, Palm Deira — AED 30,269/m²
Other projects in Palm Jumeirah
- Palm Views - East — AED 29,827/m²
- Azure Residence — AED 31,210/m²
- Viceroy Hotel Resorts Residences — AED 28,322/m²
- Palm Views - West — AED 26,753/m²
- Tiara Residence — AED 34,772/m²
- Palm Beach Towers - 2 — AED 35,409/m²
- Royal Amwaj — AED 24,387/m²
- Marina Residence — AED 24,127/m²
Palm Jumeirah property prices · Palm Jumeirah rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Fairmont Palm Residence?
Over the last 12 months the median is AED 2,807 per sq ft (AED 30,219 per m²) across 36 DLD sales.
How much is a 1 bedroom at Fairmont Palm Residence?
Median sale price AED 2,615,000 for a median 126 m², across 7 sales over the last 12 months.
How many sales have been registered at Fairmont Palm Residence?
1,602 residential sales registered with the DLD between November 2005 and October 2026, 41.9% of them off-plan.
Where is Fairmont Palm Residence?
In Palm Jumeirah, Dubai; nearest metro station per the DLD: Palm Jumeirah.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Registered units: DLD "Units" and "Buildings" datasets (data.dubai).
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.