Fairmont Palm Residence
IFA Hotels and Resorts · Palm Jumeirah · 570 homes · Completed
A completed IFA Hotels and Resorts project in Palm Jumeirah: 570 homes, handed over in Jan 2013, 11 quarters after the Q1 2010 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 2,507 per sqft, 143% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q1 2012 | 1,032 | 15 |
| Q2 2012 | 1,296 | 14 |
| Q3 2012 | 1,304 | 16 |
| Q4 2012 | 1,646 | 11 |
| Q1 2013 | 1,484 | 29 |
| Q2 2013 | 1,457 | 110 |
| Q3 2013 | 1,492 | 70 |
| Q4 2013 | 1,472 | 21 |
| Q1 2014 | 1,369 | 95 |
| Q2 2014 | 1,638 | 34 |
| Q3 2014 | 1,707 | 21 |
| Q4 2014 | 1,525 | 39 |
| Q1 2015 | 1,469 | 37 |
| Q2 2015 | 1,705 | 13 |
| Q3 2015 | 1,729 | 10 |
| Q1 2016 | 1,666 | 19 |
| Q2 2016 | 1,552 | 13 |
| Q4 2016 | 1,388 | 14 |
| Q2 2017 | 1,379 | 12 |
| Q3 2017 | 1,385 | 10 |
| Q4 2020 | 975 | 10 |
| Q1 2021 | 1,164 | 13 |
| Q2 2021 | 1,301 | 18 |
| Q4 2021 | 1,487 | 10 |
| Q1 2022 | 1,419 | 11 |
| Q2 2022 | 1,710 | 21 |
| Q3 2022 | 1,679 | 17 |
| Q4 2022 | 1,688 | 17 |
| Q1 2023 | 2,514 | 19 |
| Q2 2023 | 1,979 | 17 |
| Q3 2023 | 1,949 | 10 |
| Q1 2024 | 2,088 | 11 |
| Q2 2024 | 2,568 | 22 |
| Q4 2024 | 2,509 | 18 |
| Q1 2025 | 2,586 | 12 |
| Q2 2025 | 2,691 | 14 |
| Q4 2025 | 2,961 | 15 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
33% under the Palm Jumeirah median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Fairmont Palm Residence handed over?
In Jan 2013, when the first ready-market sale was registered. The register declared completion for Q1 2010, so it handed over 11 quarters late.
What do homes in Fairmont Palm Residence sell for?
From Jul 2025 to Jun 2026, 35 homes sold on the register at a median of AED 2,507 per sqft and AED 5.2M per home. By unit type: 1 BR AED 3M (5 sales), 2 BR AED 4.88M (19 sales), 3 BR AED 8.93M (6 sales). These are registered deeds, not the developer's price list.
Who built Fairmont Palm Residence?
IFA Hotels and Resorts. The project is registered to IFA Hotels and Resorts on the Dubai Land Department register, which lists 2 projects for the developer in Dubai, 0 of them under construction.
How many homes are in Fairmont Palm Residence?
570, as counted on the Dubai Land Department register. The declared mix: 164 1 BR, 268 2 BR, 78 3 BR, 22 4+ BR.
