Project · Transactions · 2022

Fairmont Palm Residence Property Transactions 2022

66 property sales worth ⃃ 300.87M were registered in Fairmont Palm Residence in 2022, 37.5% higher than 2021 by number of sales. The median sale price was ⃃ 3,675,000 and the median price per square foot ⃃ 1,677 (+26.0% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 66 salesUpdated: 17 Oct 2026
Property sales
66
+37.5% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 300.87M
+77.1% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 3,675,000
+28.9% vs 2021
66 sales
Median price per sq ft
⃃ 1,677
+26.0% vs 2021
66 sales

What types of property sold in Fairmont Palm Residence in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments66100%⃃ 300.87M⃃ 3,675,000⃃ 1,677

How were 2022 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)66100%⃃ 300.87M⃃ 3,675,000⃃ 1,677
Ready66100%⃃ 300.87M⃃ 3,675,000⃃ 1,677

How many rental contracts were registered in Fairmont Palm Residence in 2022?

247 rental contracts (new and renewed) were registered in Fairmont Palm Residence in 2022, at a median annual rent of ⃃ 150,000 (+20.0% on 2021). Rental yields in Fairmont Palm Residence

What were the most expensive property sales in Fairmont Palm Residence in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/04/2022The Residences North4 beds · Apartment4,625 sq ft⃃ 11,250,000Resale · Ready
23/05/2022The Residences North4 beds · Apartment4,818 sq ft⃃ 11,000,000Resale · Ready
02/11/2022The Residences South3 beds · Apartment3,382 sq ft⃃ 10,000,000Resale · Ready
22/07/2022The Residences North3 beds · Apartment3,538 sq ft⃃ 9,850,000Resale · Ready
01/06/2022The Residences South3 beds · Apartment3,538 sq ft⃃ 9,600,000Resale · Ready
30/06/2022The Residences North4 beds · Apartment7,354 sq ft⃃ 9,500,000Resale · Ready
26/04/2022The Residences South4 beds · Apartment4,181 sq ft⃃ 9,000,000Resale · Ready
18/03/2022The Residences South4 beds · Apartment4,859 sq ft⃃ 8,200,000Resale · Ready
15/08/2022The Residences South3 beds · Apartment3,024 sq ft⃃ 8,000,000Resale · Ready
26/09/2022The Residences South3 beds · Apartment4,072 sq ft⃃ 7,300,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
21/12/2022The Residences North2 beds · Apartment1,730 sq ft⃃ 5,450,000Resale · Ready
19/12/2022The Residences North3 beds · Apartment5,184 sq ft⃃ 6,150,000Resale · Ready
19/12/2022The Residences North2 beds · Apartment2,187 sq ft⃃ 3,825,000Resale · Ready
15/12/2022The Residences South1 bed · Apartment1,290 sq ft⃃ 2,150,000Resale · Ready
07/12/2022The Residences South2 beds · Apartment1,972 sq ft⃃ 3,650,000Resale · Ready
28/11/2022The Residences North1 bed · Apartment1,288 sq ft⃃ 2,075,000Resale · Ready
24/11/2022The Residences North3 beds · Apartment2,175 sq ft⃃ 4,000,000Resale · Ready
07/11/2022The Residences North1 bed · Apartment1,550 sq ft⃃ 2,010,000Resale · Ready
07/11/2022The Residences South2 beds · Apartment1,777 sq ft⃃ 3,000,000Resale · Ready
02/11/2022The Residences South3 beds · Apartment3,382 sq ft⃃ 10,000,000Resale · 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 2022 with the whole of 2021.
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/2022
Fairmont Palm Residence Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2022

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 2022?
66 property sales worth ⃃ 300,872,952 were registered in Fairmont Palm Residence in 2022. That is 37.5% higher than 2021.
What was the median property price in Fairmont Palm Residence in 2022?
The median sale price was ⃃ 3,675,000 and the median price per square foot ⃃ 1,677 (1 Jan – 31 Dec 2022).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2022