Project · Transactions · 2020

Fairmont Palm Residence Property Transactions 2020

28 property sales worth ⃃ 82.19M were registered in Fairmont Palm Residence in 2020, 75.0% higher than 2019 by number of sales. The median sale price was ⃃ 2,237,500 and the median price per square foot ⃃ 1,000 (−13.4% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 28 salesUpdated: 18 Oct 2026
Property sales
28
+75.0% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 82.19M
+146.6% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 2,237,500
+5.3% vs 2019
28 sales
Median price per sq ft
⃃ 1,000
−13.4% vs 2019
28 sales

What types of property sold in Fairmont Palm Residence in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments28100%⃃ 82.19M⃃ 2,237,500⃃ 1,000

How were 2020 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)28100%⃃ 82.19M⃃ 2,237,500⃃ 1,000
Ready28100%⃃ 82.19M⃃ 2,237,500⃃ 1,000

How many rental contracts were registered in Fairmont Palm Residence in 2020?

256 rental contracts (new and renewed) were registered in Fairmont Palm Residence in 2020, at a median annual rent of ⃃ 125,000 (−7.4% on 2019). Rental yields in Fairmont Palm Residence

What were the most expensive property sales in Fairmont Palm Residence in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/07/2020The Residences South4 beds · Apartment12,007 sq ft⃃ 8,600,000Resale · Ready
26/03/2020The Residences South3 beds · Apartment4,072 sq ft⃃ 5,600,000Resale · Ready
23/04/2020The Residences North4 beds · Apartment4,181 sq ft⃃ 5,125,000Resale · Ready
23/03/2020The Residences North3 beds · Apartment4,954 sq ft⃃ 5,000,000Resale · Ready
24/02/2020The Residences North4 beds · Apartment3,170 sq ft⃃ 4,950,000Resale · Ready
03/05/2020The Residences North3 beds · Apartment4,073 sq ft⃃ 4,950,000Resale · Ready
15/12/2020The Residences North3 beds · Apartment3,538 sq ft⃃ 4,500,000Resale · Ready
15/01/2020The Residences South3 beds · Apartment5,200 sq ft⃃ 4,200,000Resale · Ready
18/11/2020The Residences North3 beds · Apartment3,538 sq ft⃃ 3,000,000Resale · Ready
29/06/2020The Residences North2 beds · Apartment2,191 sq ft⃃ 2,694,700Resale · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
24/12/2020The Residences South1 bed · Apartment1,314 sq ft⃃ 1,300,000Resale · Ready
23/12/2020The Residences North1 bed · Apartment1,355 sq ft⃃ 1,270,000Resale · Ready
22/12/2020The Residences South2 beds · Apartment1,718 sq ft⃃ 2,200,000Resale · Ready
20/12/2020The Residences North3 beds · Apartment4,907 sq ft⃃ 2,570,000Resale · Ready
15/12/2020The Residences North3 beds · Apartment3,538 sq ft⃃ 4,500,000Resale · Ready
13/12/2020The Residences South2 beds · Apartment2,055 sq ft⃃ 2,000,000Resale · Ready
18/11/2020The Residences North2 beds · Apartment1,726 sq ft⃃ 1,200,000Resale · Ready
18/11/2020The Residences North3 beds · Apartment3,538 sq ft⃃ 3,000,000Resale · Ready
05/11/2020The Residences North1 bed · Apartment1,281 sq ft⃃ 1,250,000Resale · Ready
25/10/2020The Residences North2 beds · Apartment1,972 sq ft⃃ 2,300,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2020 with the whole of 2019.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2020
Fairmont Palm Residence Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2020

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Fairmont Palm Residence in 2020?
28 property sales worth ⃃ 82,194,959 were registered in Fairmont Palm Residence in 2020. That is 75.0% higher than 2019.
What was the median property price in Fairmont Palm Residence in 2020?
The median sale price was ⃃ 2,237,500 and the median price per square foot ⃃ 1,000 (1 Jan – 31 Dec 2020).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2020