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Building · Transactions · 2022

The Fairmont Palm Residence South Property Transactions 2022

26 property sales worth ⃃ 123.06M were registered in The Fairmont Palm Residence South in 2022, 4.0% higher than 2021 by number of sales. The median sale price was ⃃ 3,387,500 and the median price per square foot ⃃ 1,699 (+10.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 26 salesUpdated: 15 Nov 2026
Property sales
26
+4.0% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 123.06M
+36.0% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 3,387,500
+16.8% vs 2021
26 sales
Median price per sq ft
⃃ 1,699
+10.7% vs 2021
26 sales

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

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments26100%⃃ 123.06M⃃ 3,387,500⃃ 1,699

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)26100%⃃ 123.06M⃃ 3,387,500⃃ 1,699
Ready26100%⃃ 123.06M⃃ 3,387,500⃃ 1,699

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

108 rental contracts (new and renewed) were registered in The Fairmont Palm Residence South in 2022, at a median annual rent of ⃃ 150,000 (+25.0% on 2021). Rental yields in The Fairmont Palm Residence South

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

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
02/11/2022The Fairmont Palm Residence South3 beds · Apartment3,382 sq ft⃃ 10,000,000Resale · Ready
01/06/2022The Fairmont Palm Residence South3 beds · Apartment3,538 sq ft⃃ 9,600,000Resale · Ready
26/04/2022The Fairmont Palm Residence South4 beds · Apartment4,181 sq ft⃃ 9,000,000Resale · Ready
18/03/2022The Fairmont Palm Residence South4 beds · Apartment4,859 sq ft⃃ 8,200,000Resale · Ready
15/08/2022The Fairmont Palm Residence South3 beds · Apartment3,024 sq ft⃃ 8,000,000Resale · Ready
26/09/2022The Fairmont Palm Residence South3 beds · Apartment4,072 sq ft⃃ 7,300,000Resale · Ready
15/03/2022The Fairmont Palm Residence South3 beds · Apartment5,200 sq ft⃃ 6,353,199Resale · Ready
12/08/2022The Fairmont Palm Residence South3 beds · Apartment5,187 sq ft⃃ 6,150,000Resale · Ready
14/03/2022The Fairmont Palm Residence South3 beds · Apartment4,904 sq ft⃃ 5,996,530Resale · Ready
16/03/2022The Fairmont Palm Residence South3 beds · Apartment5,178 sq ft⃃ 5,000,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
15/12/2022The Fairmont Palm Residence South1 bed · Apartment1,290 sq ft⃃ 2,150,000Resale · Ready
07/12/2022The Fairmont Palm Residence South2 beds · Apartment1,972 sq ft⃃ 3,650,000Resale · Ready
07/11/2022The Fairmont Palm Residence South2 beds · Apartment1,777 sq ft⃃ 3,000,000Resale · Ready
02/11/2022The Fairmont Palm Residence South3 beds · Apartment3,382 sq ft⃃ 10,000,000Resale · Ready
24/10/2022The Fairmont Palm Residence South1 bed · Apartment1,290 sq ft⃃ 2,300,000Resale · Ready
17/10/2022The Fairmont Palm Residence South1 bed · Apartment1,290 sq ft⃃ 1,870,000Resale · Ready
07/10/2022The Fairmont Palm Residence South2 beds · Apartment1,920 sq ft⃃ 2,813,200Resale · Ready
05/10/2022The Fairmont Palm Residence South2 beds · Apartment1,728 sq ft⃃ 3,100,000Resale · Ready
26/09/2022The Fairmont Palm Residence South3 beds · Apartment4,072 sq ft⃃ 7,300,000Resale · Ready
06/09/2022The Fairmont Palm Residence South2 beds · Apartment1,727 sq ft⃃ 3,000,000Resale · 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/the-residences-south/2022
The Fairmont Palm Residence South Property Transactions 2022. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-south/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 The Fairmont Palm Residence South in 2022?
26 property sales worth ⃃ 123,055,929 were registered in The Fairmont Palm Residence South in 2022. That is 4.0% higher than 2021.
What was the median property price in The Fairmont Palm Residence South in 2022?
The median sale price was ⃃ 3,387,500 and the median price per square foot ⃃ 1,699 (1 Jan – 31 Dec 2022).

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-south/2022