FAIRMONT PALM RESIDENCE

Ready

DeveloperTHE PALM VACATION CLUB FZE

CommunityPalm Jumeirah

AreaPalm Jumeirah

Started

19 years 1 month ago30-11-2006

Handover

15 years 9 months ago24-03-2010

Status

CompleteFinished

Project Description

Freehold twin residential buildings located in Palm Jumeirah. The buildings are designed to be 2B+G+11 storey. They are constructed out of concrete structure with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+18%

Growth

Current:AED 3,302/sqft

Last 12M:AED 2,803/sqft

Momentum: Last 12Mvs Prior Year

Rising

+15%

Growth

Last 12M:AED 2,803/sqft

Prior Year:AED 2,440/sqft

Community Compare: Last 90DPalm Jumeirah

At Market

Above Avg

Project:AED 3,302/sqft

Community:AED 3,306/sqft

Liquidity: Last 12MExit Speed

Low

8%Turnover

47Sold (Last 12M)

Supply & Demand Matrix

FAIRMONT PALM RESIDENCE averaged 8% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

164 units

7 sold157 left

Velocity

2 Bedrooms

268 units

24 sold244 left

Velocity

3 Bedrooms

78 units

8 sold70 left

10%

Velocity

4 Bedrooms

20 units

3 sold17 left

15%

Velocity

5 Bedrooms

2 units

0 sold2 left

Velocity

PENTHOUSE

30 units

5 sold25 left

17%

Velocity

Office

6 units

0 sold6 left

Velocity

Layouts & Units (570)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 8 units	Type Flat	Beds 2 B/R	Size 2,165 sqft	Avg Price AED 3.2M	Last Price AED 4.5M	Last Sold 8 days ago	Sales 23

Units 12 units	Type Flat	Beds 2 B/R	Size 1,717 sqft	Avg Price AED 3.7M	Last Price AED 6.0M	Last Sold 24 days ago	Sales 18

Units 48 units	Type Flat	Beds 1 B/R	Size 1,288 sqft	Avg Price AED 2.0M	Last Price AED 3.9M	Last Sold about 1 month ago	Sales 84

Units 18 units	Type Flat	Beds 2 B/R	Size 1,996 sqft	Avg Price AED 4.3M	Last Price AED 7.5M	Last Sold about 1 month ago	Sales 28

Units 2 units	Type Flat	Beds 2 B/R	Size 1,851 sqft	Avg Price AED 3.8M	Last Price AED 5.2M	Last Sold about 1 month ago	Sales 6

Units 12 units	Type Flat	Beds 2 B/R	Size 1,930 sqft	Avg Price AED 3.3M	Last Price AED 3.8M	Last Sold about 1 month ago	Sales 15

Units 4 units	Type Flat	Beds 4 B/R	Size 3,323 sqft	Avg Price AED 11.3M	Last Price AED 14.5M	Last Sold about 2 months ago	Sales 3

Units 63 units	Type Flat	Beds 2 B/R	Size 1,723 sqft	Avg Price AED 3.2M	Last Price AED 4.7M	Last Sold about 2 months ago	Sales 100

Units 10 units	Type Flat	Beds 3 B/R	Size 3,382 sqft	Avg Price AED 7.9M	Last Price AED 21.0M	Last Sold 2 months ago	Sales 12

Units 2 units	Type Flat	Beds 1 B/R	Size 1,436 sqft	Avg Price AED 2.6M	Last Price AED 3.1M	Last Sold 3 months ago	Sales 2

Units 4 units	Type Flat	Beds 2 B/R	Size 1,718 sqft	Avg Price AED 3.4M	Last Price AED 5.1M	Last Sold 3 months ago	Sales 8

Units 16 units	Type Flat	Beds 2 B/R	Size 1,777 sqft	Avg Price AED 2.9M	Last Price AED 4.5M	Last Sold 3 months ago	Sales 30

Units 16 units	Type Flat	Beds 1 B/R	Size 1,353 sqft	Avg Price AED 1.9M	Last Price AED 3.0M	Last Sold 3 months ago	Sales 14

Units 14 units	Type Flat	Beds 2 B/R	Size 1,759 sqft	Avg Price AED 3.8M	Last Price AED 6.8M	Last Sold 4 months ago	Sales 23

Units 4 units	Type Flat	Beds 2 B/R	Size 2,052 sqft	Avg Price AED 2.8M	Last Price AED 4.0M	Last Sold 5 months ago	Sales 6

Units 2 units	Type Flat	Beds 3 B/R	Size 4,904 sqft	Avg Price AED 5.2M	Last Price AED 7.0M	Last Sold 5 months ago	Sales 5

Units B105	Type Flat	Beds 3 B/R	Size 5,194 sqft	Avg Price AED 7.2M	Last Price AED 9.9M	Last Sold 5 months ago	Sales 4

Units 2 units	Type Flat	Beds 3 B/R	Size 5,187 sqft	Avg Price AED 6.9M	Last Price AED 9.4M	Last Sold 7 months ago	Sales 5

Units 10 units	Type Flat	Beds 4 B/R	Size 3,170 sqft	Avg Price AED 7.0M	Last Price AED 10.5M	Last Sold 7 months ago	Sales 16

Units B107	Type Flat	Beds 3 B/R	Size 5,212 sqft	Avg Price AED 6.4M	Last Price AED 8.4M	Last Sold 8 months ago	Sales 3

Units 8 units	Type Flat	Beds 3 B/R	Size 4,072 sqft	Avg Price AED 9.4M	Last Price AED 19.9M	Last Sold 9 months ago	Sales 15

Units 6 units	Type Flat	Beds 2 B/R	Size 2,055 sqft	Avg Price AED 3.8M	Last Price AED 4.3M	Last Sold 9 months ago	Sales 8

Units 30 units	Type Flat	Beds 2 B/R	Size 1,730 sqft	Avg Price AED 3.6M	Last Price AED 6.4M	Last Sold 10 months ago	Sales 53

Units 14 units	Type Flat	Beds 3 B/R	Size 2,175 sqft	Avg Price AED 3.8M	Last Price AED 6.5M	Last Sold 10 months ago	Sales 29

Units 2 units	Type Flat	Beds 3 B/R	Size 6,849 sqft	Avg Price AED 12.4M	Last Price AED 12.4M	Last Sold 11 months ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,926 sqft	Avg Price AED 3.3M	Last Price AED 4.7M	Last Sold 11 months ago	Sales 11

Units 10 units	Type Flat	Beds 1 B/R	Size 1,321 sqft	Avg Price AED 1.9M	Last Price AED 660K	Last Sold 11 months ago	Sales 17

Units 6 units	Type Flat	Beds 2 B/R	Size 1,999 sqft	Avg Price AED 3.7M	Last Price AED 6.3M	Last Sold about 1 year ago	Sales 8

Units 6 units	Type Flat	Beds 2 B/R	Size 2,187 sqft	Avg Price AED 3.8M	Last Price AED 5.5M	Last Sold about 1 year ago	Sales 12

Units 18 units	Type Flat	Beds 2 B/R	Size 1,921 sqft	Avg Price AED 2.9M	Last Price AED 4.2M	Last Sold about 1 year ago	Sales 28

Units 2 units	Type Flat	Beds 1 B/R	Size 1,369 sqft	Avg Price AED 2.7M	Last Price AED 3.9M	Last Sold about 1 year ago	Sales 3

Units 10 units	Type Flat	Beds 2 B/R	Size 1,767 sqft	Avg Price AED 3.8M	Last Price AED 5.6M	Last Sold about 1 year ago	Sales 9

Units 2 units	Type Flat	Beds 3 B/R	Size 4,989 sqft	Avg Price AED 7.7M	Last Price AED 8.3M	Last Sold over 1 year ago	Sales 2

Units 6 units	Type Flat	Beds 1 B/R	Size 1,693 sqft	Avg Price AED 2.0M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 7

Units 12 units	Type Flat	Beds 1 B/R	Size 1,314 sqft	Avg Price AED 1.9M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 16

Units 2 units	Type Flat	Beds 1 B/R	Size 1,352 sqft	Avg Price AED 2.0M	Last Price AED 2.5M	Last Sold over 1 year ago	Sales 5

Units 18 units	Type Flat	Beds 2 B/R	Size 2,192 sqft	Avg Price AED 3.7M	Last Price AED 5.6M	Last Sold over 1 year ago	Sales 33

Units 8 units	Type Flat	Beds 3 B/R	Size 3,538 sqft	Avg Price AED 7.3M	Last Price AED 14.0M	Last Sold almost 2 years ago	Sales 15

Units 2 units	Type Flat	Beds 4 B/R	Size 5,465 sqft	Avg Price AED 7.3M	Last Price AED 14.0M	Last Sold almost 2 years ago	Sales 6

Units 2 units	Type Flat	Beds 3 B/R	Size 5,200 sqft	Avg Price AED 6.6M	Last Price AED 8.7M	Last Sold almost 2 years ago	Sales 4

Units 2 units	Type Flat	Beds 3 B/R	Size 5,541 sqft	Avg Price AED 4.7M	Last Price AED 7.7M	Last Sold almost 2 years ago	Sales 6

Units 2 units	Type Flat	Beds 3 B/R	Size 2,635 sqft	Avg Price AED 3.6M	Last Price AED 5.5M	Last Sold almost 2 years ago	Sales 4

Units B113	Type Flat	Beds 5 B/R	Size 9,750 sqft	Avg Price AED 12.5M	Last Price AED 17.3M	Last Sold almost 2 years ago	Sales 2

Units 12 units	Type Flat	Beds 1 B/R	Size 1,550 sqft	Avg Price AED 2.2M	Last Price AED 2.9M	Last Sold almost 2 years ago	Sales 15

Units 10 units	Type Flat	Beds 1 B/R	Size 1,335 sqft	Avg Price AED 2.0M	Last Price AED 2.7M	Last Sold over 2 years ago	Sales 16

Units 4 units	Type Flat	Beds 1 B/R	Size 1,526 sqft	Avg Price AED 1.9M	Last Price AED 2.5M	Last Sold over 2 years ago	Sales 8

Units 10 units	Type Flat	Beds 1 B/R	Size 1,375 sqft	Avg Price AED 1.8M	Last Price AED 2.6M	Last Sold over 2 years ago	Sales 16

Units 2 units	Type Flat	Beds 3 B/R	Size 2,317 sqft	Avg Price AED 3.6M	Last Price AED 4.1M	Last Sold over 2 years ago	Sales 2

Units 2 units	Type Flat	Beds 4 B/R	Size 3,590 sqft	Avg Price AED 9.6M	Last Price AED 9.6M	Last Sold over 2 years ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 1,444 sqft	Avg Price AED 1.7M	Last Price AED 2.1M	Last Sold over 2 years ago	Sales 9

Units 2 units	Type Flat	Beds 3 B/R	Size 4,908 sqft	Avg Price AED 5.4M	Last Price AED 8.3M	Last Sold almost 3 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,854 sqft	Avg Price AED 2.9M	Last Price AED 3.1M	Last Sold about 3 years ago	Sales 4

Units 4 units	Type Flat	Beds 2 B/R	Size 1,972 sqft	Avg Price AED 3.3M	Last Price AED 3.6M	Last Sold about 3 years ago	Sales 7

Units 2 units	Type Flat	Beds 3 B/R	Size 4,954 sqft	Avg Price AED 6.4M	Last Price AED 7.1M	Last Sold about 3 years ago	Sales 7

Units 2 units	Type Flat	Beds 3 B/R	Size 3,024 sqft	Avg Price AED 4.7M	Last Price AED 8.0M	Last Sold over 3 years ago	Sales 5

Units B106	Type Flat	Beds 3 B/R	Size 5,207 sqft	Avg Price AED 5.3M	Last Price AED 5.0M	Last Sold almost 4 years ago	Sales 3

Units B108	Type Flat	Beds 3 B/R	Size 5,178 sqft	Avg Price AED 5.0M	Last Price AED 5.0M	Last Sold almost 4 years ago	Sales 2

Units 12 units	Type Flat	Beds 1 B/R	Size 1,281 sqft	Avg Price AED 1.6M	Last Price AED 1.7M	Last Sold over 4 years ago	Sales 13

Units 2 units	Type Flat	Beds 3 B/R	Size 5,262 sqft	Avg Price AED 6.8M	Last Price AED 5.0M	Last Sold about 5 years ago	Sales 3

Units 2 units	Type Flat	Beds 3 B/R	Size 4,073 sqft	Avg Price AED 6.6M	Last Price AED 5.0M	Last Sold over 5 years ago	Sales 4

Units 2 units	Type Flat	Beds 2 B/R	Size 2,034 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold over 6 years ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 1,343 sqft	Avg Price AED 1.7M	Last Price AED 1.5M	Last Sold almost 7 years ago	Sales 3

Units 2 units	Type Flat	Beds 2 B/R	Size 2,095 sqft	Avg Price AED 4.4M	Last Price AED 6.0M	Last Sold about 7 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 2,087 sqft	Avg Price AED 3.3M	Last Price AED 5.2M	Last Sold over 7 years ago	Sales 3

Units 4 units	Type Flat	Beds 1 B/R	Size 1,389 sqft	Avg Price AED 1.8M	Last Price AED 1.6M	Last Sold almost 8 years ago	Sales 4

Units 4 units	Type Flat	Beds 1 B/R	Size 1,512 sqft	Avg Price AED 1.8M	Last Price AED 1.9M	Last Sold about 9 years ago	Sales 7

Units 2 units	Type Flat	Beds 3 B/R	Size 4,166 sqft	Avg Price AED 5.4M	Last Price AED 5.3M	Last Sold almost 11 years ago	Sales 2

Units 2 units	Type Flat	Beds 2 B/R	Size 1,960 sqft	Avg Price AED 3.6M	Last Price AED 4.1M	Last Sold about 11 years ago	Sales 3

Units 2 units	Type Flat	Beds 4 B/R	Size 3,249 sqft	Avg Price AED 6.2M	Last Price AED 7.9M	Last Sold over 12 years ago	Sales 2

Units 3 units	Type Flat	Beds 3 B/R	Size 4,229 sqft	Avg Price AED 8.2M	Last Price AED 9.7M	Last Sold over 12 years ago	Sales 2

Units 2 units	Type Flat	Beds 3 B/R	Size 4,393 sqft	Avg Price AED 3.6M	Last Price AED 3.6M	Last Sold over 12 years ago	Sales 1

Units SR-G-2	Type Office	Beds —	Size 595 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SR-G-30	Type Office	Beds —	Size 1,239 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units SR-G-60	Type Office	Beds —	Size 3,746 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units HEALTH CLUB	Type Gymnasium	Beds —	Size 19,500 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 119	Type Flat	Beds 2 B/R	Size 1,779 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 318	Type Flat	Beds 3 B/R	Size 4,240 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B113	Type Flat	Beds 5 B/R	Size 9,926 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,121 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,181 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,354 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,380 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,526 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,625 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,680 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,818 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,859 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,864 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,909 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 4,976 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P304	Type Flat	Beds PENTHOUSE	Size 4,984 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P204	Type Flat	Beds PENTHOUSE	Size 7,354 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P208	Type Flat	Beds PENTHOUSE	Size 11,378 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P308	Type Flat	Beds PENTHOUSE	Size 11,637 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds PENTHOUSE	Size 12,007 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units HEALTH CLUB	Type Gymnasium	Beds GYM	Size 19,496 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units NR-G-110	Type Office	Beds —	Size 595 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units NR-G-112	Type Office	Beds —	Size 1,239 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units NR-G-1	Type Office	Beds —	Size 3,758 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

99 unique layouts covering 570 units