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Ready building · The Palm Vacation Club

The Fairmont Palm Hotel & Resort, Palm Jumeirah

Highlights

The Fairmont Palm Hotel & Resort at a glance

About The Fairmont Palm Hotel & Resort

The Fairmont Palm Hotel & Resort is a mixed-use building in Palm Jumeirah, Dubai, developed by The Palm Vacation Club. It holds about 27 units: 4-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 3,308 per sq ft.

The Fairmont Palm Hotel & Resort is one of 148 buildings in Palm Jumeirah: 88 are complete and 22 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Palm Jumeirah, Dubai
  • Developed by The Palm Vacation Club
  • Completed in Q3 2012
  • Unit types: 4 Beds, Commercial
  • Sizes from 180 to 1,232,760 sq ft
  • Nakheel metro station 2.9 km away
الحالة
جاهز
المطور
The Palm Vacation Club
الموقع
Palm Jumeirah, Dubai
مكتمل
Q3 2012
أنواع الوحدات
4 Beds, Commercial
Prices from
AED 4.8M
متوسط السعر لكل sq ft
AED 3,308
Median gross yield
1.6%
Nearest metro
Palm Jumeirah, 1.9 km

Building details

Inside The Fairmont Palm Hotel & Resort

Properties in The Fairmont Palm Hotel & Resort

4-bedroom apartments in The Fairmont Palm Hotel & Resort

There are about 14 of these in The Fairmont Palm Hotel & Resort, from 1,420 to 33,500 sq ft. None has sold recently enough to quote a price.

Commercial units in The Fairmont Palm Hotel & Resort

There are about 13 of these in The Fairmont Palm Hotel & Resort, from 180 to 1,232,760 sq ft. None has sold recently enough to quote a price.

Unit types in The Fairmont Palm Hotel & Resort with sizes, median prices and rents
نوع الوحدةالوحداتالمساحةالسعر الوسيطMedian rent
4 Beds141,420 sqft131.9 sqmt – 33,500 sqft3,112.3 sqmtلا توجد مبيعات حديثة–
تجاري13180 sqft16.7 sqmt – 1,232,760 sqft114,527.2 sqmtلا توجد مبيعات حديثة–

Recent transactions in The Fairmont Palm Hotel & Resort

  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 7.4M

    AED 3,305 /sqftAED 35,575 /sqmt

    جاهزشقة
    2,230 sqft207.2 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 7.5M

    AED 3,362 /sqftAED 36,188 /sqmt

    جاهزشقة
    2,231 sqft207.3 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 6.5M

    AED 2,950 /sqftAED 31,754 /sqmt

    جاهزشقة
    2,198 sqft204.2 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 6.9M

    AED 3,301 /sqftAED 35,532 /sqmt

    جاهزشقة
    2,103 sqft195.4 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 9.9M

    AED 3,311 /sqftAED 35,639 /sqmt

    جاهزشقة
    2,987 sqft277.5 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 5.1M

    AED 3,444 /sqftAED 37,071 /sqmt

    جاهزشقة
    1,471 sqft136.7 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 5.6M

    AED 2,894 /sqftAED 31,151 /sqmt

    جاهزشقة
    1,944 sqft180.6 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 6.6M

    AED 2,678 /sqftAED 28,826 /sqmt

    جاهزشقة
    2,456 sqft228.2 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 7.2M

    AED 3,334 /sqftAED 35,887 /sqmt

    جاهزشقة
    2,155 sqft200.2 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 4.8M

    AED 3,346 /sqftAED 36,016 /sqmt

    جاهزشقة
    1,422 sqft132.1 sqmt4 Bedsالمطور13 May 2018
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 25.4M

    AED 3,357 /sqftAED 36,134 /sqmt

    جاهزشقة
    7,575 sqft703.7 sqmt4 Bedsالمطور17 Sept 2015
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 33M

    AED 4,885 /sqftAED 52,582 /sqmt

    جاهزشقة
    8,667 sqft805.2 sqmt4 Bedsالمطور11 Dec 2013
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 42M

    AED 2,583 /sqftAED 27,803 /sqmt

    جاهزشقة
    16,262 sqft1,510.8 sqmt4 Bedsالمطور11 Dec 2013
  • The Fairmont Palm Hotel & Resort

    نخلة جميرا

    AED 42M

    AED 1,254 /sqftAED 13,498 /sqmt

    جاهزشقة
    33,503 sqft3,112.5 sqmt4 Bedsالمطور26 Jun 2013

Every sale in The Fairmont Palm Hotel & ResortEvery rent contract in The Fairmont Palm Hotel & Resort

Nearby amenities

Around The Fairmont Palm Hotel & Resort

Transportation near The Fairmont Palm Hotel & Resort

The nearest Dubai Metro station from The Fairmont Palm Hotel & Resort is Nakheel (red line, 2.9 km, about 8 min drive), then DAMAC Properties (red line, 3.4 km, about 9 min drive). Stations planned on new lines nearby include Palm Jumeirah (orange line, 1.9 km, about 6 min drive) and Media City (orange line, 2 km, about 6 min drive). Most residents will drive or take a taxi to the metro.

  • نخلة جميراOrange line · 1.9 km · about 6 min drive
  • Media CityOrange line · 2 km · about 6 min drive
  • Knowledge VillageOrange line · 2.2 km · about 6 min drive
  • Mina SeyahiOrange line · 2.3 km · about 7 min drive
  • Al SufuohOrange line · 2.4 km · about 7 min drive
  • Marina TowersOrange line · 2.7 km · about 7 min drive

Shopping and groceries near The Fairmont Palm Hotel & Resort

The closest is Limited retail along Shoreline Apartments, 0.5 km from The Fairmont Palm Hotel & Resort (about 6 min walk).

  • Limited retail along Shoreline ApartmentsShopping Mall · 0.5 km · about 6 min walk
  • The PointeShopping Mall · 2.7 km · about 7 min drive
  • Spinneys / Emaar Towers, Dubai MarinaSupermarket · 2.7 km · about 7 min drive
  • Marina WalkShopping Mall · 2.9 km · about 8 min drive
  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 3.6 km · about 9 min drive

Restaurants and hotels near The Fairmont Palm Hotel & Resort

The closest is Oceana, The Palm Jumeirah, 0 km from The Fairmont Palm Hotel & Resort (about 2 min walk).

  • Oceana, The Palm JumeirahHotel · 0 km · about 2 min walk
  • The Residences, Palm JumeirahHotel · 0.2 km · about 2 min walk
  • Marina View Deluxe Hotel ApartmentHotel · 0.7 km · about 8 min walk
  • Lotus Hotel Apartments & Spa - MarinaHotel · 0.9 km · about 11 min walk
  • One&Only Royal MirageHotel · 1.8 km · about 6 min drive

Hospitals and clinics near The Fairmont Palm Hotel & Resort

The closest is Mediclinic - Al Sufouh, 2.2 km from The Fairmont Palm Hotel & Resort (about 6 min drive).

  • Mediclinic - Al SufouhHospital · 2.2 km · about 6 min drive
  • Cosmesurge & Emirates HospitalHospital · 2.7 km · about 7 min drive
  • Dr Marc Mueller VIP ClinicHospital · 2.8 km · about 8 min drive
  • Armada Medical CentreHospital · 3.9 km · about 10 min drive
  • Eternity Medicine Institute DubaiHospital · 4.2 km · about 10 min drive

Parks and leisure near The Fairmont Palm Hotel & Resort

The closest is JBR Beach, 3.7 km from The Fairmont Palm Hotel & Resort (about 9 min drive).

  • JBR BeachPark · 3.7 km · about 9 min drive

Schools near The Fairmont Palm Hotel & Resort

The nearest is Icademy Middle East Fz.Llc, 2.2 km away. Ratings are the KHDA's latest inspection grades.

  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 2.2 km
  • Dubai CollegeUK · KHDA: Outstanding · 2.8 km
  • The International School of ChoueifatSABIS (UK/US) · KHDA: Acceptable · 3.1 km
  • GEMS Dubai American Academy - Dubai BranchAmerican - International Baccalaureate · KHDA: Outstanding · 4.1 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 4.1 km
  • GEMS Wellington International School - Dubai BranchUK - UK/IB - International Baccalaureate (1 · KHDA: Outstanding · 4.3 km

Other buildings in Palm Jumeirah

Palm Jumeirah has 148 buildings. A few others to compare The Fairmont Palm Hotel & Resort with:

Things to consider about The Fairmont Palm Hotel & Resort

In its favour

  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Completed 14 years ago: ask about maintenance and any planned refurbishment.
  • The nearest running metro station is 2.9 km away, so a car helps.

Specialists

Brokers who know The Fairmont Palm Hotel & Resort

These brokers handle sales and lettings in The Fairmont Palm Hotel & Resort and can tell you what is available now.

الأسئلة الشائعة

The Fairmont Palm Hotel & Resort: questions answered

The Fairmont Palm Hotel & Resort was developed by The Palm Vacation Club in Palm Jumeirah.

The Fairmont Palm Hotel & Resort is completed in Q3 2012.

Across its 14 most recent registered sales, The Fairmont Palm Hotel & Resort sold for a median of AED 3,308 per sq ft and AED 7.3M per unit.

The median gross yield on recently sold units in The Fairmont Palm Hotel & Resort is 1.6%: the rent the unit earned over its purchase price, before costs.

The Fairmont Palm Hotel & Resort has 4 Beds (1,420 to 33,500 sq ft), Commercial (180 to 1,232,760 sq ft).

Palm Jumeirah is about 1.9 km from The Fairmont Palm Hotel & Resort.

The nearest schools include Icademy Middle East Fz.Llc (2.2 km), Dubai College (2.8 km), The International School of Choueifat (3.1 km).

Buying, selling or renting in The Fairmont Palm Hotel & Resort?

A broker who works Palm Jumeirah will tell you what is available and what comparable homes went for.

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