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FAIRMONT PALM HOTEL & RESORT

Project

THE PALM HOTEL AND RESORT FZC

Project typeBuildings

Master developerشركة النخلة - جميرا (ش.ذ.م.م)

StatusFinished

Completed100%

Start2007-02-17

Handover2012-09-09

Buildings2

Shop11

Mixed Residential / Hotel tower development located in Palm Jumeirah. It is designed and constructed as a 2B+G+14 storey, built as a concrete structure with its internal and external finishes. The residential part of the tower starts from the 11th floor and above (Penthouse 4 to 7) while the bottom floors will house the Fairmont Hotel, the Ground Floor is shared.

Buildings

FAIRMONT PALM HOTEL & RESORT 1

Floors6

Apartments14

Shop11

Apartments

PENTHOUSE14

Shop

Shop12

Sized Partition

Sized Partition1

Official sales

Sales from 2004–2018

Number of sale deals16

Apartment15

Median sale price7,370,709 AED

Median price per sqft3,305 AED

1 B/R1

Median sale price25,430,000 AED

Median price per sqft3,219 AED

PENTHOUSE14

Median sale price7,277,409 AED

Median price per sqft3,308 AED

Whole building1

Median sale price59,860,740 AED

Median price per sqft300 AED

Official rent

Rent from 2012–2026

Number of rent contracts93

Apartment12

2 bedrooms8

Median year rent1,000,000 AED

3 bedrooms4

Median year rent200,000 AED

Shop69

Hotel12