Project · #1237 by 12M value
The Fairmont Palm North Residences
Market bulletin · Thu, 22 Oct 2026
The Fairmont Palm North Residences: 2 sales worth AED 12.3M in 30 days
The Fairmont Palm North Residences recorded 2 sales worth AED 12.3M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Palm Jumeirah, The Fairmont Palm North Residences ranked #11 of 11 leading projects by 12-month sales value; it is developed by IFA Hotels & Resorts - UAE.
Leases registered in the last three months had a median annual rent of AED 200K. The best gross yield is on 2 BR apartments at about 4.4%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 2,375 |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | AED 2,280 |
| Mar 25 | — |
| Feb 25 | AED 2,460 |
| Jan 25 | — |
| Dec 24 | AED 2,361 |
| Nov 24 | AED 2,621 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 12.3M | — | — |
| Last 3 months | 3 | unchanged 0.0% | AED 14.8M | — | — |
| Last 6 months | 6 | up 50.0% | AED 27.8M | 2,045 | — |
| Last 12 months | 10 | down 78.3% | AED 55.3M | 2,455 | up 2.4% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 10 | 100% | AED 5.58M | 2,455 | up 2.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 2 | 20% | — | — | — |
| 2 bedrooms | 6 | 60% | AED 5.58M | 3,012 | up 12.8% |
| 3 bedrooms | 2 | 20% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 9 | 90% | AED 5.20M | 2,100 | down 11.7% |
| AED 10M–50M | 1 | 10% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 163K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 520K |
| Jan 26 | — |
| Dec 25 | AED 320K |
| Nov 25 | AED 185K |
| Oct 25 | AED 170K |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 240K |
| Jan 25 | AED 150K |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 85
- New leases
- 55.3%
- Median rent 3M
- AED 200K
- Rent/sqft 3M
- AED 107
| 2 BR apartments | AED 245K / AED 5.58M | 4.4% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 28 | AED 150K | AED 155K | 103 |
| 2 BR | 23 | AED 245K | AED 235K | 133 |
| 3 BR | 12 | AED 495K | — | 130 |
Competing projects in Palm Jumeirah
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bella - Passo Building 2Beyond Developments | 59 | 5,664 | up 6.2% |
| Passo Building 1Beyond Developments | 60 | 5,723 | — |
| Como Residences | 11 | 5,624 | — |
| Signature Villas Frond G (Al Shishi)Nakheel | 4 | — | — |
| Signature Villas Frond N (Al Naghal)Nakheel | 6 | 9,358 | — |
| The Royal Atlantis ResidencesAtlantis The Palm 2 Development | 16 | 8,446 | — |
| Avita - Passo Building 1Beyond Developments | 47 | 6,403 | — |
| Signature Villas Frond F (Al Yabri)Nakheel | 3 | — | — |
| Six Senses Residences The PalmSelect Group | 14 | 6,933 | — |
| The Alba Residences 1Omniyat Properties | 6 | 8,770 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 6.35M | 3 BR Apartment · 2,175 sqftThe Fairmont Palm North Residences · Palm Jumeirah | 6 Oct |
| AED 5.95M | 2 BR Apartment · 1,851 sqftThe Fairmont Palm North Residences · Palm Jumeirah | 8 Oct |
| AED 2.55M | 1 BR Apartment · 1,354 sqftThe Fairmont Palm North Residences · Palm Jumeirah | 20 Aug |
Questions about The Fairmont Palm North Residences
How many properties were sold in The Fairmont Palm North Residences in the last year?
10 sales worth AED 55.3M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in The Fairmont Palm North Residences?
The median annual rent on leases registered in the last three months was AED 200K, and the best gross rental yield is about 4.4%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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