Project · Transactions · 2017

The Fairmont Palm Residences Property Transactions 2017

30 property sales worth ⃃ 90.21M were registered in The Fairmont Palm Residences in 2017, 41.2% lower than 2016 by number of sales. The median sale price was ⃃ 2,625,000 and the median price per square foot ⃃ 1,419 (−8.5% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 30 salesUpdated: 13 Nov 2026
Property sales
30
−41.2% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 90.21M
−51.0% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 2,625,000
−16.7% vs 2016
30 sales
Median price per sq ft
⃃ 1,419
−8.5% vs 2016
30 sales

What types of property sold in The Fairmont Palm Residences in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments30100%⃃ 90.21M⃃ 2,625,000⃃ 1,419

How were 2017 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)30100%⃃ 90.21M⃃ 2,625,000⃃ 1,419
Ready30100%⃃ 90.21M⃃ 2,625,000⃃ 1,419

How many rental contracts were registered in The Fairmont Palm Residences in 2017?

258 rental contracts (new and renewed) were registered in The Fairmont Palm Residences in 2017, at a median annual rent of ⃃ 175,000 (−14.6% on 2016). Rental yields in The Fairmont Palm Residences

What were the most expensive property sales in The Fairmont Palm Residences in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/01/2017The Fairmont Palm Residence South3 beds · Apartment4,072 sq ft⃃ 8,800,000Resale · Ready
12/04/2017The Fairmont Palm Residence South4 beds · Apartment4,680 sq ft⃃ 6,500,000Resale · Ready
17/04/2017The Fairmont Palm Residence North3 beds · Apartment3,382 sq ft⃃ 5,416,580Resale · Ready
13/06/2017The Fairmont Palm Residence North2 beds · Apartment1,996 sq ft⃃ 4,015,000Resale · Ready
24/04/2017The Fairmont Palm Residence North4 beds · Apartment3,170 sq ft⃃ 4,000,000Resale · Ready
24/04/2017The Fairmont Palm Residence North4 beds · Apartment3,170 sq ft⃃ 4,000,000Resale · Ready
03/05/2017The Fairmont Palm Residence North2 beds · Apartment1,759 sq ft⃃ 3,900,000Resale · Ready
24/12/2017The Fairmont Palm Residence South2 beds · Apartment2,187 sq ft⃃ 3,586,000Resale · Ready
29/08/2017The Fairmont Palm Residence North2 beds · Apartment1,730 sq ft⃃ 3,200,000Resale · Ready
20/03/2017The Fairmont Palm Residence South2 beds · Apartment1,728 sq ft⃃ 2,900,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
24/12/2017The Fairmont Palm Residence South2 beds · Apartment2,187 sq ft⃃ 3,586,000Resale · Ready
18/12/2017The Fairmont Palm Residence South2 beds · Apartment1,727 sq ft⃃ 2,650,000Resale · Ready
02/10/2017The Fairmont Palm Residence South1 bed · Apartment1,281 sq ft⃃ 1,800,000Resale · Ready
19/09/2017The Fairmont Palm Residence South2 beds · Apartment1,727 sq ft⃃ 2,600,000Resale · Ready
29/08/2017The Fairmont Palm Residence North2 beds · Apartment1,730 sq ft⃃ 3,200,000Resale · Ready
17/08/2017The Fairmont Palm Residence North2 beds · Apartment1,929 sq ft⃃ 2,190,000Resale · Ready
02/08/2017The Fairmont Palm Residence South2 beds · Apartment1,920 sq ft⃃ 2,650,000Resale · Ready
17/07/2017The Fairmont Palm Residence North2 beds · Apartment2,164 sq ft⃃ 2,700,000Resale · Ready
17/07/2017The Fairmont Palm Residence North2 beds · Apartment2,167 sq ft⃃ 2,700,000Resale · Ready
17/07/2017The Fairmont Palm Residence North2 beds · Apartment1,723 sq ft⃃ 2,700,000Resale · 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 2017 with the whole of 2016.
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/2017
The Fairmont Palm Residences Property Transactions 2017. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2017

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 The Fairmont Palm Residences in 2017?
30 property sales worth ⃃ 90,207,580 were registered in The Fairmont Palm Residences in 2017. That is 41.2% lower than 2016.
What was the median property price in The Fairmont Palm Residences in 2017?
The median sale price was ⃃ 2,625,000 and the median price per square foot ⃃ 1,419 (1 Jan – 31 Dec 2017).

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/fairmont-palm-residence/2017