Fairmont Palm Residence in Palm Jumeirah - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Fairmont Palm Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	120	32,115	3,850,000
2	176	38,041	6,707,418
4	147	35,654	5,250,000

Rents in Fairmont Palm Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	138	1,179	162,500
2	177	1,466	258,750
3	484	1,374	665,000

The cap rate (rental yield) of investments into Fairmont Palm Residence project is 3.6% on average.

The price of an apartment in Fairmont Palm Residence is 37,117 AED/sqm on average.

The long term rent of an apartment in Fairmont Palm Residence is 1,326 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Fairmont Palm Residence is 3,850,000 AED or 32,115 AED/sqm.
Price for completed 2 bedroom apartment in Fairmont Palm Residence is 6,707,418 AED or 38,041 AED/sqm.
Price for completed 4 bedroom apartment in Fairmont Palm Residence is 5,250,000 AED or 35,654 AED/sqm.

Rent for 1 bedroom apartment in Fairmont Palm Residence is 162,500 AED or 1,179 AED/sqm.
Rent for 2 bedroom apartment in Fairmont Palm Residence is 258,750 AED or 1,466 AED/sqm.
Rent for 3 bedroom apartment in Fairmont Palm Residence is 665,000 AED or 1,374 AED/sqm.

About Fairmont Palm Residence

'Fairmont Palm Residence' in 'Palm Jumeirah' area project description

The Fairmont Palm Residence is a luxurious residential development located in the heart of Dubai, United Arab Emirates. The project is a part of the iconic Palm Jumeirah, an artificial archipelago in the Persian Gulf. The Fairmont Palm Residence is a collection of elegant, modern apartments and villas, offering an unparalleled lifestyle experience.

The development is spread across two distinct wings, each offering a unique selection of residences. The East Wing features two- and three-bedroom apartments, while the West Wing offers three- and four-bedroom villas. All residences feature modern interiors with contemporary finishes, and spectacular views of the Palm Jumeirah and the Arabian Gulf.

Residents of the Fairmont Palm Residence enjoy access to a range of luxurious amenities, including a state-of-the-art fitness center, a spa, a swimming pool, and a private beach. The development also features a variety of restaurants and cafes, as well as a retail area with a selection of shops and boutiques.

The Fairmont Palm Residence is conveniently located near some of Dubai’s most popular attractions, including the Dubai Marina, the Dubai Mall, and the Burj Khalifa. The development is also within easy reach of the city’s international airports, making it an ideal base for those who travel frequently.

The Fairmont Palm Residence is a luxurious and exclusive residential development, offering an unparalleled lifestyle experience. With its modern interiors, luxurious amenities, and convenient location, the development is the perfect place to call home.

Q&A on Fairmont Palm Residence

What are the advantages of 'Fairmont Palm Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Fairmont Palm Residence is located in the heart of Palm Jumeirah, one of the most sought-after locations in Dubai. It offers easy access to the city’s major attractions, including the world-famous Dubai Marina, the iconic Burj Al Arab, and the Dubai Mall.

2. Luxurious Amenities: The project offers a range of luxurious amenities, including a private beach, a health club, a spa, a swimming pool, and a kids’ club.

3. High-Quality Finish: The project features high-quality finishes and modern designs, making it an attractive option for real estate buyers.

4. Investment Potential: The project offers excellent potential for investment, as it is located in one of the most desirable locations in Dubai.

5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to pay in installments.

What projects are better than 'Fairmont Palm Residence' project in Dubai which are located close by, and why?

- Atlantis The Royal Residences: Known for its opulence and world-class amenities, this project offers exceptional views, unparalleled service, and exclusive access to Atlantis The Royal Resort facilities. The architecture and finish are often considered superior.

- One at Palm Jumeirah by Omniyat: Renowned for its ultra-luxurious offerings, this project provides private elevators, a private beach, and outstanding concierge services. The design and attention to detail are highly praised.

- The Palm Tower Residences: Integrated with the luxury hotel, St. Regis Dubai, Palm Jumeirah, residents get top-tier amenities, including access to the 50th-floor infinity pool and fine dining establishments.

- Serenia Residences: Offers serenity and exclusivity with beautifully designed homes that boast panoramic sea views and access to private beach facilities. Focuses heavily on wellness and tranquility.

- XXII Carat: Featuring ultra-luxury villas, this project offers seclusion, 24-hour concierge service, and sophisticated European designs. It’s tailored for an exclusive lifestyle with high privacy.

- Muraba Residences: Known for its minimalist and contemporary architecture, these residences provide unobstructed ocean views, and exceptional interior design, and have won several architectural awards for their innovative design.