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Fairmont Palm Residence Palm Jumeirah, Dubai

AreaPalm Jumeirah (Dubai)
Developer–
Residential sales (3 months)12 (6% of the area)
Median price (3 months)2,721 AED/sqft (29,291 AED/m²)
Premium / discount to the area-7.7%
Area gross yield (indicative)4.3% (from Ejari-registered rents; before costs and vacancy)
Price change (3 months / y/y)+30.4% / +21.6%
Off-plan share0%
Median price, AED per sq ft (monthly)2,0003,0004,0002024-122025-042025-092025-122026-082026-10
All salesCompleted-unit sales (round prices)
Residential sales per month052024-122025-032025-062025-092025-122026-032026-082026-10

By unit type

TypeAll sales (last 12 months)Market completed-unit sales (last 6 months)
SalesMedian price (AED)AED/sqftSize (sq ft)SalesMedian price (AED)AED/sqft
1BR62,575,0001,8841,31452,575,0001,884
2BR185,200,0002,8101,76795,600,0002,805
3BR58,000,0002,0884,904–––

"All sales" includes developer sales and handover registrations at contract prices agreed years earlier, so a project with a recent handover wave can show less than today's market. "Market completed-unit sales" is the median of completed-unit sales at a round price (a multiple of AED 5,000): market deals, where developer contract prices usually carry odd amounts. Listing portals' asking prices normally sit above registered prices. "–" means fewer than 5 sales.

Quick answers

How much does a home in Fairmont Palm Residence cost?
The median registered price over the last three months is AED 2,721 per sq ft (AED 29,291 per m²), from 12 residential sales. Median prices over the last 12 months: 1BR AED 2,575,000, 2BR AED 5,200,000, 3BR AED 8,000,000. Market completed-unit sales only (last 6 months, round prices): 1BR AED 2,575,000, 2BR AED 5,600,000. These are registered (transacted) prices, which can be below asking prices.

Are prices in Fairmont Palm Residence rising?
The median price per sq ft is +30.4% over three months and +21.6% year on year. It sits -7.7% against the Palm Jumeirah area median.

Who developed Fairmont Palm Residence, and where is it?
It is in Palm Jumeirah, Dubai.

Methodology →

Other projects in Palm Jumeirah

ProjectSales (3m)AED/sqftvs areaOff-plan
Serenia Living264,645+57.5%0%
Passo By Beyond155,357+81.6%100%
Marina Residence142,234-24.3%0%

Data as of 2026-11-05, from Dubai Land Department registrations (DLD Open Data) and the project registry. Registrations under other spellings of the same project are counted together. Monthly prices are hidden for months with fewer than 5 sales. Completion dates come from the registry and often slip. Information only, not investment advice.

Check whether an asking price in this project is high or low →
Palm Jumeirah area page · Run the buy-to-let numbers

Sources: Dubai Land Department (DLD Open Data; Dubai sales before 2026 via the CC BY 4.0 republication by Dubai Real Estate Data, dubairealestatedata.com), Ejari rent contracts, Abu Dhabi Real Estate Centre (ADREC), FRED, New York Fed, US Treasury. Residential (apartment and villa) sales only; cells with fewer than 5 sales are hidden. Information only, not investment advice. Methodology