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FAIRMONT PALM RESIDENCE

Project

THE PALM VACATION CLUB FZE

Project typeBuildings

Master developerشركة نخيل (ش.م.خ)

Plots1

StatusFinished

Completed100%

Start2006-11-30

Handover2010-03-24

Buildings2

Office29

Freehold twin residential buildings located in Palm Jumeirah. The buildings are designed to be 2B+G+11 storey. They are constructed out of concrete structure with internal and external finishes.

Buildings

FAIRMONT PALM RESIDENCE 1

Floors14

Office14

Parking492

FAIRMONT PALM RESIDENCE 1

Floors14

Office15

Parking465

Apartments

1 B/R164

2 B/R268

3 B/R78

4 B/R20

5 B/R2

PENTHOUSE30

Office

Office6

Gymnasium

Gymnasium2

Official sales

Sales from 2004–2026

Number of sale deals1,596

Apartment1,594

Median sale price2,962,000 AED

Median price per sqft1,459 AED

1 B/R442

Median sale price1,820,000 AED

Median price per sqft1,300 AED

2 B/R770

Median sale price3,000,000 AED

Median price per sqft1,636 AED

3 B/R247

Median sale price5,500,000 AED

Median price per sqft1,417 AED

4 B/R50

Median sale price5,310,000 AED

Median price per sqft1,571 AED

5 B/R6

Median sale price9,500,000 AED

Median price per sqft952 AED

PENTHOUSE79

Median sale price6,950,000 AED

Median price per sqft1,420 AED

Whole building2

Median sale price59,129,325 AED

Median price per sqft300 AED

Official rent

Rent from 2011–2026

Number of rent contracts3,134

Apartment2,900

1 bedroom894

Median year rent119,839 AED

2 bedrooms1,427

Median year rent178,000 AED

3 bedrooms365

Median year rent275,000 AED

4 bedrooms188

Median year rent327,500 AED

5 bedrooms and more26

Median year rent231,000 AED

Villa9

4 bedrooms2

Median year rent795,000 AED

5 bedrooms and more7

Median year rent160,000 AED

Office218

Clinic5

Health club2