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Fairmont Palm Residence rent: what tenants really pay
Rent in Fairmont Palm Residence, Palm Jumeirah: 1-bed AED 150,000, 2-bed AED 230,000, 3-bed AED 525,000 a year. These are medians of 204 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 128, against AED 118 across Palm Jumeirah. One home here is advertised for rent now.
Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method
“Fairmont Palm Residence: you pay a premium per sq ft here, so check the view and the unit before you sign. Ask the agent what the last tenant signed, then use the table below.”
Know the rent before you sign
What tenants in this building really paid, what landlords ask, and how hard to push.
What the leases say about Fairmont Palm Residence
- Per sq ft, a 2-bed here costs 8% more than the Palm Jumeirah median: AED 128 against AED 118. It is number 6 of 15 Palm Jumeirah buildings, cheapest first.
- New 1-bed tenants pay AED 150,000, renewing tenants AED 140,000. For the same home, renewing is cheaper than moving in: a new tenant pays 7% more.
- New-lease rent per sq ft fell 7% on the year, to AED 118 a sq ft.
- About 1 homes are advertised for rent against 204 leases signed in a year: little on the market, so expect less room to negotiate.
- 45 leases end in the next 60 days, so more homes may become available soon.
Rent in Fairmont Palm Residence by bedrooms
AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.
| Home | New lease | Renewal | Asking | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|---|---|
| 1-bed | 150,000 | 140,000 | – | 1,314 | 108 | 82 |
| 2-bed | 230,000 | 230,000 | – | 1,772 | 128 | 84 |
| 3-bed | 525,000 | 442,980 | – | 4,072 | 133 | 38 |
Where Fairmont Palm Residence is, and the buildings around it
We do not hold the exact position of Fairmont Palm Residence yet; the map shows Palm Jumeirah.
Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.
Finding
A new 1-bed tenant in Fairmont Palm Residence pays 7% more than a renewing one for the same home.
New lease against renewal: same building, same bedrooms, size within 15%
For a 1-bed in this building, renewing is cheaper than moving in. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →
Finding
New-lease rent per sq ft in Fairmont Palm Residence fell 7% on the year.
Median new lease, AED a sq ft, by quarter
AED 118 a sq ft in the 12 months to 15 Oct 2026, against AED 127 the year before. Quarters with fewer than 10 new leases are left out of the chart.
Supply
45 leases in Fairmont Palm Residence end in the next 60 days.
Leases ending soon: homes that may become available
Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.
Compare: other Palm Jumeirah buildings, 2-bed
| Building | New lease | Size sq ft | AED / sq ft | Leases |
|---|---|---|---|---|
| Royal Amwaj | 225,000 | 1,771 | 136 | 28 |
| The 8 | 220,000 | 1,331 | 165 | 46 |
| Balqis Residence | 217,500 | 1,966 | 109 | 38 |
| Ellington Beach House | 200,000 | 1,425 | 138 | 26 |
| Tiara Residence | 262,500 | 1,677 | 143 | 128 |
| Marina Residence | 195,000 | 1,778 | 103 | 301 |
| Grandeur Residences | 187,500 | 1,767 | 98 | 30 |
| Emerald Palace Kempinski | 272,500 | 1,779 | 148 | 29 |
Buying in Palm Jumeirah? Sale prices, every tower, resale and off-plan: Palm Jumeirah on BUY DUBAI →
Questions
How much is rent in Fairmont Palm Residence?
Rent in Fairmont Palm Residence, Palm Jumeirah: 1-bed AED 150,000, 2-bed AED 230,000, 3-bed AED 525,000 a year. These are medians of 204 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 2-bed here is AED 128, against AED 118 across Palm Jumeirah. One home here is advertised for rent now.
How much is a 1 bedroom in Fairmont Palm Residence?
The median rent for a new 1-bed lease in Fairmont Palm Residence is AED 150,000 a year (AED 12,500 a month). The median size is 1,314 sq ft. This is from 52 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 2 bedroom in Fairmont Palm Residence?
The median rent for a new 2-bed lease in Fairmont Palm Residence is AED 230,000 a year (AED 19,167 a month). The median size is 1,772 sq ft. This is from 44 new leases, 16 Oct 2025–15 Oct 2026.
How much is a 3 bedroom in Fairmont Palm Residence?
The median rent for a new 3-bed lease in Fairmont Palm Residence is AED 525,000 a year (AED 43,750 a month). The median size is 4,072 sq ft. This is from 23 new leases, 16 Oct 2025–15 Oct 2026.
Is it cheaper to renew or move in Fairmont Palm Residence?
For a 1-bed, new tenants pay a median AED 150,000 and renewing tenants AED 140,000. For the same home, a new tenant pays 7% more.
Is rent going up in Fairmont Palm Residence?
Rent per sq ft on new leases in Fairmont Palm Residence: AED 118 in the 12 months to 15 Oct 2026, against AED 127 the year before.
What are the alternatives to Fairmont Palm Residence in Palm Jumeirah?
Similar rent for a 2-bed: Royal Amwaj AED 225,000, The 8 AED 220,000, Balqis Residence AED 217,500, Ellington Beach House AED 200,000.
How we worked it out, and the limits
Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.
This building. Leases are matched by the Ejari project name "FAIRMONT PALM RESIDENCE". 204 leases 16 Oct 2025–15 Oct 2026, 119 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.
Full method: What the leases say → · Checking a rent rise? Rent increase calculator →
Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.