Project · Dubai property data · records to 2026-10-02

Fairmont Palm Residence property prices & sales

Palm Jumeirah · Palm Jumeirah · The Palm Vacation Club Fze · Nearest metro: Palm Jumeirah
AED 2,600Median price per sq ft (12m)
+2.2% YoY
34Sales last 12 months
-34.6% YoY
AED 5.02MMedian sale price (12m)
AED 180,000Median annual rent (12m)
3.6%Gross yield (indicative)
0.0%Off-plan share (12m)

Fairmont Palm Residence at a glance written from registered records

Fairmont Palm Residence recorded 34 registered sales in the last 12 months, worth AED 210.39M in total. The median price was AED 2,600 per sq ft, up 2.2% on the previous 12 months, and the median sale price was AED 5.02M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 244 rental contracts registered in the same period, the median annual rent was AED 180,000, an indicative gross yield of 3.6%.

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Median price per sq ft by year registered sales

YearSalesMedian AED/sq ftMedian price
2026192,100AED 4.95M
2025492,693AED 5.40M
2024592,361AED 4.75M
2023532,031AED 4.10M
2022661,678AED 3.67M
2021481,331AED 2.85M
2020281,000AED 2.24M
2019161,155AED 2.12M
2018201,247AED 2.52M
2017301,419AED 2.62M
2016521,545AED 3.01M

Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter

TypeSalesEntryTypicalPremiumAED/sq ftTypical size
2 B/R42AED 4.60MAED 5.09MAED 5.69M2,7531,777 sq ft
1 B/R21AED 2.62MAED 2.80MAED 3.13M2,0921,314 sq ft
3 B/R12AED 7.19MAED 8.91MAED 10.77M1,8524,904 sq ft
PENTHOUSE8AED 11.75MAED 12.50MAED 14.70M2,7464,503 sq ft
4 B/R3AED 7.88MAED 10.50MAED 12.50M3,3123,170 sq ft

Who's buying last 12 months

Off‑plan 0.0%Ready 100.0%
Cash 64.7%Mortgage 35.3%

Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.

Latest registered sales

DateTypeBedsBuildingSq ftPriceAED/sq ft
2026-10-02Unit2 B/RThe Residences North1,717AED 5,700,0003,319
2026-09-30Unit2 B/RThe Residences South2,165AED 4,640,0002,143
2026-09-23Unit2 B/RThe Residences South1,759AED 6,200,0003,524
2026-09-21Unit1 B/RThe Residences South1,550AED 2,900,0001,871
2026-08-27Unit1 B/RThe Residences North1,512AED 2,500,0001,654
2026-08-20Unit1 B/RThe Residences North1,354AED 2,550,0001,884

The full report lists every registered sale, with filters by bedroom and date. Open it free.

Questions about Fairmont Palm Residence

What is the average price per sq ft in Fairmont Palm Residence?

Over the last 12 months the median registered sale price in Fairmont Palm Residence was AED 2,600 per sq ft (+2.2% year on year).

What is the rental yield in Fairmont Palm Residence?

Comparing the median annual rent (AED 180,000) with the median sale price (AED 5,017,500) over the last 12 months gives an indicative gross yield of 3.6%.

How many properties sold in Fairmont Palm Residence in the last 12 months?

34 sales were registered in the last 12 months, 0.0% of them off-plan.

What is the average rent in Fairmont Palm Residence?

The median annual rent across 244 contracts registered in the last 12 months was AED 180,000.

Comparables in Palm Jumeirah 12m

Fairmont Palm Residence ranks #25 of 37 by price per sq ft.

ProjectSalesAED/sq ft
Passo By Beyond2415,908
Serenia Living414,537
The Palm Tower334,340
The 8253,985
Palm Beach Towers - 2243,319
Seven Hotel and Apartments The Palm633,284
Tiara Residence283,230
Fairmont Palm Residence342,600
Royal Amwaj412,266
Marina Residence792,219
Balqis Residence252,147
Golden Mile491,961

Project record

DeveloperThe Palm Vacation Club Fze
StatusFinished
Completion100%
Handover2010-03-24
Units570

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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.