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Fairmont Residences - Sold Prices - Market Trends

Fairmont Residences - Sold Prices - Market Trends

Fairmont Sold Prices have Decreased since June 2024.

Author Gareth Davies - Award Winning Broker and Property Consultant

The Fairmont Sold Prices have decreased by -11.94% in terms of AED/sq.ft during the past 6 months whereas the average for the Palm Jumeirah island has increased by 3% during the same period. .

Buyer Demand is mainly from buyers who want to purchase apartments and occupy them. Vacant on transfer apartments can achieve from 5% to 15% more than identical leased apartments with tenants occupying. 

Graph: Palm Jumeirah : Sold Price Growth (AED/sq.ft)

Source: Property Monitor

Fairmont Residences : Sold Price Growth (AED/sq.ft)

SOLD PRICES

Source: PropertyMonitor.ae

Source: Property Monitor

Source: PropertyMonitor.ae

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