Fairmont Palm Residence, Palm Jumeirah: Prices, Rents and Recent Sales

Updated 3 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Fairmont Palm Residence?

Tenants paid a median of AED 200,000 a year over the past 6 months (91 Ejari contracts) and AED 180,000 over 12 months (199 contracts).

Source: DLD-recorded sales and Ejari contracts for Fairmont Palm Residence, Palm Jumeirah. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Fairmont Palm Residence at a glance

Developer, district and sales from Dubai Land Department records; status from registered Ejari leases; sizes are the typical registered unit size of each type.

Rents in Fairmont Palm Residence

Over the past 6 months, 91 rent contracts were registered here, with a median of AED 200,000 a year (about AED 16,667 a month) and half paying between AED 141,000 and AED 260,000. Over 12 months the median was AED 180,000 across 199 contracts. The range covers every unit size in the building, so a studio and a 3-bedroom sit in the same figures.

Source: DLD Ejari rent contracts (new and renewed) registered in the 6 and 12 months to 7 October 2026.

Prices and rents by bedroom in Fairmont Palm Residence

Over the past 6 months, a typical 1-bedroom in Fairmont Palm Residence rented for AED 135,000 a year. Over 12 months the figures were AED 148,500 a year to rent.

Rents and gross yield

Sale prices: median of DLD-recorded sales of each type in the 6 and 12 months to 7 October 2026 (at least 3 sales). Rents: median of Ejari contracts registered in each period (at least 5), matched to each type by the building's registered unit sizes. Gross yield is annual rent divided by the sale price for the same period, before service charges and other costs. – means too few records in that period, or a figure still being compiled.

How prices have moved around Fairmont Palm Residence

The median price per sq ft across Palm Jumeirah went from AED 2,941 in Q4 2024 to AED 3,176 in Q3 2026, up 8%, and down 7.6% on the same quarter a year earlier.

District figures: DLD-recorded sales across Palm Jumeirah, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

Location: what's near Fairmont Palm Residence

• Metro: Al Fardan Exchange (2.9 km)
• Schools: Dubai College (2.9 km), Choueifat School (3.1 km), Dubai American Academy (4.1 km)
• Hospitals: Welcare Hospital (2.2 km), Emirates Hospital (2.7 km)
• Malls: Palm Jumeirah Mall (500 m), Atlantis Mall (3.3 km)
• Beach: Nasimi Beach (3.2 km)
• Park: Al Sufouh Park (3.1 km)
• Airports: Dubai International Airport (27.9 km), Al Maktoum International Airport (22.5 km)

Straight-line distances from the building's mapped location; driving distances are longer. Map data © OpenStreetMap contributors.

How Fairmont Palm Residence compares with Palm Jumeirah

The district's gross rental yield was 3.1% in the same report. Fairmont Palm Residence is by The Palm Vacation Club, and DLD recorded 54 sales in the project over the past 24 months.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

• Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?

Before you buy in Fairmont Palm Residence

• Ask for the service charge per sq ft and the last two years of statements.
• Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
• Compare the asking price with recorded sales in the same building, not just the area median.
• Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

What is the rent in Fairmont Palm Residence?

The median annual rent was AED 200,000 across 91 Ejari contracts in the past 6 months, and AED 180,000 across 199 contracts over 12 months. Half of those leases fell between AED 141,000 and AED 260,000.

What is the nearest metro station to Fairmont Palm Residence?

Al Fardan Exchange station, about 2.9 km away in a straight line.

How far is Fairmont Palm Residence from Dubai International Airport?

About 27.9 km in a straight line. Driving distance depends on the route.

Who developed Fairmont Palm Residence?

The Palm Vacation Club, according to the DLD project register.

Which area is Fairmont Palm Residence in?

DLD records it in Palm Jumeirah.

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