Fairmont Palm Residence, Palm Jumeirah

    Sold Prices · DLD Data

    Fairmont Palm Residence

    Palm Jumeirah, Dubai · Palm Jumeirah

    AED 2,323

    Avg Price / sqft

    AED 6.3M

    Avg Sale Price

    12

    DLD Sales Recorded

    9%

    Est. Gross Yield

    Market snapshot

    Fairmont Palm Residence — the numbers

    Fairmont Palm Residence is a residential building in Palm Jumeirah, Dubai with approximately 570 units. Dubai Land Department records show 12 sales in the building, at an average price of AED 6.3M — around AED 2,323 per square foot.

    Since January 2026, 12 sales completed in Fairmont Palm Residence, with the average price per square foot moving from AED 2,021 to AED 2,301 (+13.9%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Palm Jumeirah, a typical unit in Fairmont Palm Residence returns an estimated 9% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Jumeirah.

    Figures are from Dubai Land Department transaction records for Fairmont Palm Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Jumeirah residential rents, before service charges.

    Price trend

    Price trend in Fairmont Palm Residence

    Average sale price per sqft by month since January 2026+13.9%

    1,8652,5703,274Jan 26: AED 2,021/sqft · 3 salesJan 26Feb 26: AED 2,865/sqft · 1 saleFeb 26Mar 26: AED 3,509/sqft · 1 saleMar 26May 26: AED 1,630/sqft · 1 saleMay 26Jun 26: AED 2,301/sqft · 6 salesJun 26

    Unit types

    Prices by unit type

    1 Bed

    AED 2.6M

    AED 1,991/sqft

    2 sales · last 12 months

    2 Bed

    AED 4.6M

    AED 2,469/sqft

    6 sales · last 12 months

    3 Bed

    AED 8.5M

    AED 1,732/sqft

    3 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    30 Jun 2026Sales34,904AED 10MAED 2,088
    18 Jun 2026Sales11,314AED 2.6MAED 1,990
    12 Jun 2026Sales11,292AED 2.6MAED 1,993
    08 Jun 2026Sales22,191AED 2.3MAED 1,050
    03 Jun 2026Sales21,996AED 5.6MAED 2,805
    01 Jun 2026Sales-4,380AED 17MAED 3,881
    19 May 2026Sales34,908AED 8.0MAED 1,630
    18 Mar 2026Sales21,767AED 6.2MAED 3,509
    05 Feb 2026Sales21,728AED 5.0MAED 2,865
    27 Jan 2026Sales34,904AED 7.3MAED 1,478
    17 Jan 2026Sales21,727AED 4.3MAED 2,507
    15 Jan 2026Sales22,167AED 4.5MAED 2,076

    About the area

    Fairmont Palm Residence is in Palm Jumeirah

    Palm Jumeirah is an iconic community in Dubai, renowned for its unique palm-tree shape and luxurious living environment. Developed by Nakheel, this exclusive enclave appeals primarily to affluent individuals and families seeking a sophisticated lifestyle characterized by stunning waterfront views and high-end amenities.

    Explore the Palm Jumeirah area guide

    Nearby

    Other buildings in Palm Jumeirah

    FAQ

    Fairmont Palm Residence: frequently asked questions

    What is the average price in Fairmont Palm Residence?

    The average recorded sale price in Fairmont Palm Residence, Palm Jumeirah is AED 6.3M, around AED 2,323 per square foot, based on Dubai Land Department transaction data.

    Are prices in Fairmont Palm Residence going up or down?

    Average sale prices in Fairmont Palm Residence have risen +13.9% per square foot since January 2026, across 12 DLD-recorded sales.

    What rental yield can I expect in Fairmont Palm Residence?

    Based on average Palm Jumeirah residential rents against sale prices in the building, a typical unit in Fairmont Palm Residence yields roughly 9% gross per year, before service charges and fees.

    How many properties have sold in Fairmont Palm Residence?

    12 sales have been recorded in Fairmont Palm Residence according to DLD data, across approximately 570 units.

    Considering Fairmont Palm Residence?

    Get honest, DLD-backed guidance on pricing, yields and availability in Palm Jumeirah from Binayah's advisors — no pressure, just the numbers.

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