Project · Transactions · 2024

Fairmont Palm Residence Property Transactions 2024

59 property sales worth ⃃ 325.47M were registered in Fairmont Palm Residence in 2024, 11.3% higher than 2023 by number of sales. The median sale price was ⃃ 4,750,000 and the median price per square foot ⃃ 2,362 (+16.3% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 59 salesUpdated: 18 Oct 2026
Property sales
59
+11.3% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 325.47M
+19.4% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 4,750,000
+15.9% vs 2023
59 sales
Median price per sq ft
⃃ 2,362
+16.3% vs 2023
59 sales

What types of property sold in Fairmont Palm Residence in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments59100%⃃ 325.47M⃃ 4,750,000⃃ 2,362

How were 2024 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)59100%⃃ 325.47M⃃ 4,750,000⃃ 2,362
Ready59100%⃃ 325.47M⃃ 4,750,000⃃ 2,362

How many rental contracts were registered in Fairmont Palm Residence in 2024?

238 rental contracts (new and renewed) were registered in Fairmont Palm Residence in 2024, at a median annual rent of ⃃ 195,000 (+18.2% on 2023). Rental yields in Fairmont Palm Residence

What were the most expensive property sales in Fairmont Palm Residence in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/01/2024The Residences North5 beds · Apartment9,750 sq ft⃃ 17,300,000Resale · Ready
31/10/2024The Residences North4 beds · Apartment4,625 sq ft⃃ 15,000,000Resale · Ready
15/04/2024The Residences South3 beds · Apartment3,538 sq ft⃃ 14,000,000Resale · Ready
04/04/2024The Residences South4 beds · Apartment5,465 sq ft⃃ 14,000,000Resale · Ready
04/04/2024The Residences North3 beds · Apartment4,072 sq ft⃃ 13,700,000Resale · Ready
20/05/2024The Residences South3 beds · Apartment4,072 sq ft⃃ 11,600,000Resale · Ready
28/11/2024The Residences North4 beds · Apartment4,121 sq ft⃃ 10,800,000Resale · Ready
03/04/2024The Residences South3 beds · Apartment5,200 sq ft⃃ 8,700,000Resale · Ready
06/08/2024The Residences South3 beds · Apartment4,989 sq ft⃃ 8,332,882Resale · Ready
04/03/2024The Residences North3 beds · Apartment5,541 sq ft⃃ 7,700,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024The Residences South1 bed · Apartment1,292 sq ft⃃ 2,800,000Resale · Ready
20/12/2024The Residences South1 bed · Apartment1,290 sq ft⃃ 2,650,000Resale · Ready
18/12/2024The Residences North1 bed · Apartment1,355 sq ft⃃ 3,200,000Resale · Ready
17/12/2024The Residences North1 bed · Apartment1,321 sq ft⃃ 2,700,000Resale · Ready
13/12/2024The Residences South2 beds · Apartment1,995 sq ft⃃ 5,200,000Resale · Ready
09/12/2024The Residences South2 beds · Apartment2,187 sq ft⃃ 5,500,000Resale · Ready
09/12/2024The Residences North3 beds · Apartment2,175 sq ft⃃ 5,970,000Resale · Ready
06/12/2024The Residences South2 beds · Apartment1,920 sq ft⃃ 4,200,000Resale · Ready
02/12/2024The Residences North2 beds · Apartment1,723 sq ft⃃ 5,150,000Resale · Ready
28/11/2024The Residences North4 beds · Apartment4,121 sq ft⃃ 10,800,000Resale · 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 2024 with the whole of 2023.
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/2024
Fairmont Palm Residence Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2024

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 2024?
59 property sales worth ⃃ 325,467,882 were registered in Fairmont Palm Residence in 2024. That is 11.3% higher than 2023.
What was the median property price in Fairmont Palm Residence in 2024?
The median sale price was ⃃ 4,750,000 and the median price per square foot ⃃ 2,362 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2024