Palm Jumeirah · Ready · 49% of recent sales are 2-bedrooms

Fairmont Palm ResidenceWhat it sells and rents for

2-bedrooms resell for about AED 5.2M and rent for AED 220k a year.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 5.2Mfor a typical 2-bedroom

From 19 resales in the last 12 months.

Rents forAED 220ka year, new 2-bedroom lease

From 27 new leases in the last 3 months. Renewing tenants pay about AED 200k.

Earns4.2%a year, as a share of the price
Fairmont Palm Residence
Palm Jumeirah

About the same as 2-bedrooms across Palm Jumeirah.

Sells34sales in the last year
Fairmont Palm Residence
Similar buildings

Fewer resales than the typical similar building, so a sale may take longer.

What brings you here?

Apartment type

Prices and rents at Fairmont Palm Residence

What should you pay for a 2-bedroom?

AED 5.2M

That's the typical price. 9 of the 19 2-bedrooms resold here in the last year went for AED 4.43M to AED 6.1M. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here in the last 12 months.

What should you offer first?

AED 4.43M

5 of the 19 2-bedrooms resold here in the last year went for this or less. Start here and leave room to move.

  • Price per sq ft here2,721 nowNo clear move
  • Across Palm Jumeirah169 recent resalesUp 3%

What will it really cost you?

Based on the typical 2-bedroom here at AED 5.2M, and renting a 2-bedroom here for AED 220k a year.

The mortgage is AED 1,899 a month more than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 20,232
Renting a 2-bedroom hereAED 18,333

Cash you need

AED 1.89M

  • Down paymentAED 1,560,000
  • DLD transfer feeAED 208,580
  • Agency feeAED 109,200
  • Trustee, mortgage and valuationAED 16,590

Over 5 years, buying costs about AED 1.11M in fees and interest. Renting costs about AED 1.1M.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

What would it earn as a rental?

4.2%

A year's rent, about AED 220k, as a share of the price, before service charges. 2-bedrooms across Palm Jumeirah earn 4.3%.

AED 5.2Mprice→AED 220kyearly rent=4.2%return

Will it be easy to sell later?

2 a month

That's how often a 2-bedroom resells here. The building has fewer resales than the typical similar building nearby.

Fairmont Palm Residence
Seven Hotel and Apartments the Palm
Royal Amwaj
Marina Residence

Are prices rising or falling?

No clear move

Only 12 resales in the building in the last 3 months, too few to call a direction.

Sep 2024Oct 2026

Do bigger 2-bedrooms cost more?

Each dot is a 2-bedroom sale here. The line is the going rate: every extra sq ft adds about AED 563. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 3MAED 4MAED 5MAED 6MAED 7M1,1001,2001,3001,4001,5001,6001,7001,8001,9002,0002,1002,200Size, sq ft →

What else could AED 5.2M buy nearby?

AED 1.58M less

2-bedrooms at Golden Mile cost AED 3.62M and rent for AED 180k. That's a 5.0% return, against 4.2% here. Below: 2 cheaper buildings that earn more.

  1. BuildingTypical priceRent a yearReturn
  2. Golden Milesaves AED 1.58MAED 3.62MAED 180k a year5.0%+0.8 pts
  3. Marina Residencesaves AED 1.22MAED 3.98MAED 180k a year4.5%+0.3 pts
  4. Fairmont Palm Residenceyou're hereAED 5.2MAED 220k a year4.2%

How does it compare with its neighbours?

6 of the 6 others

in Palm Jumeirah earn a higher return than Fairmont Palm Residence. Across the building as a whole it costs AED 2,807 per sq ft and earns 4.0%. The typical building in Palm Jumeirah costs AED 2,693 per sq ft and earns 4.6%.

Fairmont Palm ResidenceCheaper and earns morePricier and earns lessOther buildings
3.5%4.0%4.5%5.0%5.5%6.0%6.5%1,5002,0002,5003,0003,5004,0004,5005,000Resale price per sq ft, AED, last 12 months →Gross yield →Cheaper and earns morePricier and earns lessarea typicalGolden MileFairmont Palm Residence

Where is Fairmont Palm Residence?

4% above

the typical resale price per sq ft in Palm Jumeirah, over the last 12 months.

Fairmont Palm Residence against Palm Jumeirah

  • Fairmont Palm ResidenceResale, 34 sales in 12 monthsAED 2,807 per sq ft
  • Palm JumeirahResale, 741 sales in 12 monthsAED 2,693 per sq ft

A 2-bedroom in Palm Jumeirah

  • A typical 2-bedroom resells forAED 4.7M
  • New 2-bedroom leases sign forAED 200k a year
  • Rent as a share of the price4.3%

How busy it is

  • Sales in the last 12 months1,106
  • Off-plan share of sales33%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Palm Jumeirah

Similar buildings

Royal Amwaj

Royal Amwaj

Palm Jumeirah

Typical 1-bed
Fewer than 20 sales
Sales, 12 months
32
Golden Mile

Golden Mile

Palm Jumeirah

Typical 1-bed
Fewer than 20 sales
Sales, 12 months
50

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 2-bedroom in Fairmont Palm Residence?

About AED 5.2M on resale; 9 of 19 sold for AED 4.43M to AED 6.1M.

How much is rent for a 2-bedroom in Fairmont Palm Residence?

About AED 220k a year on a new lease and AED 200k on a renewal.

What is the rental yield at Fairmont Palm Residence?

About 4.2% gross on a 2-bedroom, before service charges.

Is Fairmont Palm Residence easy to resell?

Slower than the typical similar building: 34 resales in 12 months.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Fairmont Palm Residence registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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