The Fairmont Palm Residences, Palm Jumeirah
About The Fairmont Palm Residences, Palm Jumeirah
Located in Palm Jumeirah, The Fairmont Palm Residences are divided into 2 sections, the North Residence and the South Residence. The Residential building is developed by IFA Hotels and Resorts. The Fairmont Palm Residences offers 1 to 5-bedroom apartments.
Palm Jumeirah island is one of the three artificial islands created by Nakheel properties, which extends into the Arabian Gulf. The island consists of The Trunk, The Crescent and 16 Fronds, together forming the shape of a palm tree. Palm Jumeirah houses many residential apartments, hotels, villas, townhouses and countless eateries. Amongst all the world-class facilities and amenities lies The Fairmont Palm Residences, linked to the Fairmount Hotel and Resort.
IN A NUTSHELL
- Located in Palm Jumeirah
- Divided into North Residence and South Residence
- Near all major amenities such as restaurants and entertainment options
- Consists of 1 to 5-bedroom apartments
- Easy access to metro stations
- Offers beautiful view of the community, outdoor pool and the ocean
Facilities in The Fairmont Palm Residences, Palm Jumeirah
There is a basement parking in The Fairmont Palm Residences. Each unit comes with a separate parking space.
There are multiple elevators and a few service elevators in The Fairmont Palm Residences.
Security, Central Air-Conditioning and Maintenance Services
The Fairmont Palm Residences features 24-hour security with waste disposal and maintenance services. Residents would have to pay yearly chiller/cooling charges as the district cooling provider of the residences is Empower.
Gym and Fitness Facilities
Fitness Facilities includes a fully equipped gym in The Fairmont Palm Residences. The building also features a swimming pool and a sauna.
There is an entertainment room for residents and a couple of lifestyle amenities such as a spa, children's outdoor play area, babysitting service, ATM facility and a kids pool.
Concierge and Guest Services
The Palm Residence offers 24-hour concierge service also, there is a high end lobby for convenience of residents and visitors.
It is a pet-friendly building.
Apartment Types in The Fairmont Palm Residences
The tower offers 1 to 5-bedroom apartments. Each flat has high ceilings and spacious balconies with a view of the community, outdoor pool and the ocean. The apartments have a huge living space and a large dining area. Residents have access to cable TV and intercom services.
1-Bedroom Apartments in The Fairmont Palm Residences
1-bedroom apartment has covered area from 1,292 sq. ft. to 1,525 sq. ft. Each apartment has a large bedroom with built-in wardrobes and an attached bathroom. The 1-bedroom flat has an open-design kitchen, which comes with built-in cupboards and is fitted with appliances. The apartment has a separate guest bathroom and a balcony with view of the ocean. Residents are also allotted separate parking space.
2-Bedroom Apartments in The Fairmont Palm Residences
The 2-bedroom apartment covers an area of 1,723 sq. ft. to 2,200 sq. ft. The 2-bedroom flat has spacious bedrooms with built-in wardrobes. The bathroom and the kitchen have marble-flooring. The apartment has a guest bathroom, maid’s room and offers beautiful view of the ocean from the balcony. The residents living in the building are provided with separate car parking.
3-Bedroom Apartments in The Fairmont Palm Residences
3-bedroom apartment covers an area of 2,200 sq. ft. to 4,073 sq. ft. The 3-bedroom flat has bedrooms with built-in wardrobes and attached bathrooms. The apartment comes with a guest bathroom separate dining space, a large living area and a separate maids' room. The 3-bedroom apartment has an open-style kitchen with built-in cupboards and is fitted with appliances. Residents are provided with 1 covered parking space.
4-Bedroom Apartments in The Fairmont Palm Residences
The 4-bedroom apartment covers an area of around 3,242 sq. ft. The 4-bedroom flat has 4-generous sized bedrooms all with fitted wardrobes and en-suite bathrooms. The flat has a separate maid’s room, guest bathroom and laundry area. The flat has a big dining space and a large living area. The apartment has an open-styled kitchen with built-in cupboards and is fitted with appliances and a large balcony with a view of the sea. The residents are provided with covered parking space.
5-Bedroom Apartments in The Fairmont Palm Residences
The 5-bedroom apartment has floor area of about 11,377 sq. ft. The 5-bedroom deluxe apartment has bedrooms all with fitted wardrobes and en-suite bathrooms. The flat has a separate maid’s room, guest bathroom and laundry area. The flat has a big dining space with a chandelier on the roof with high ceilings and a large living area.The apartment has an open-style kitchen which comes with b cupboards and a large balcony with a view of the sea. Residents are provided with multiple covered parking spaces.
Most Popular Apartment Types in The Fairmont Palm Residences
Based on searches conducted by users on Bayut.com over the past 6 months
The 2-bedroom apartment is found most popular with 74.4% user-generated views on Bayut. While 1-bedroom flats are viewed 15.9% and the 3-bedroom apartments with 6.5% user views. The 4-bedroom flats are viewed 2.8% and the 5-bedroom flat which was viewed 0.4%.
Rental Trends in The Fairmont Palm Residences
Based on searches conducted by users on Bayut.com over the past 6 months
The highest rate of return on investment is 6.5% for 1-bedroom flats. The 2-bedroom apartments closely followed with a 5.6% return on investment. While 3-bedroom has an ROI of 4.8% and the 4-bedroom flat with a 3.3% return on investment. The 5-bedroom apartment has 2.3% ROI.
Transportation near The Fairmont Palm Residences
There are multiple modes of transportation near The Fairmont Palm Residences including via personal cars, buses, metros and monorails.
The nearest Monorail station is the Al Ittihad Park Monorail Station, which is at a walking distance from The Fairmont Palm Residences.
Bus Stations near The Fairmont Palm Residences
The closest bus station is Knowledge Village Bus Stop, which is a 5-minute drive from the buildings. Royal Mirage 1 2 Bus Stop is 6 minutes away from The Fairmount Palm Residences. Middle East Broadcasting Center Bus Stop is also at the same distance.
Metro Stations near The Fairmont Palm Residences
You can also catch a metro from Nakheel Metro Station and Dubai Internet City Metro Station 2, a 10-minute drive away from The Fairmont Palm Residence. Damac Properties Metro Station and DMCC Metro Station 1 are also close to The Fairmont Palm South Residences.
Tram Stations near The Fairmont Palm Residences
Most tram stations are situated within a 15-minute drive away from the Residences. Palm Jumeirah Tram Station is 9 minutes away from the buildings.
Restaurants near The Fairmont Palm Residences
Nearby Palm Jumeirah restaurants include:
- Olives Restaurant
- KYO Restaurant & Lounge
- Asia Republic
- Chef's House
Olives Restaurant is about a 7-minute drive from The Fairmont Palm Residences. It offers Chinese and Indian food. 12 minutes drive away is KYO Restaurant & Lounge. It is a popular Japanese restaurant located in The Pointe West Marina 4. Asia Republic is 12 minutes, whereas, Chef's Republic is 9 minutes drive away.
The closest fine dinings spots are the restaurants in the Fairmont The Palm hotel. These include:
- Flow Kitchen
- Little Miss India
Flow Kitchen offers amazing cusines from India, Asia, Middle East and Mediterranean. Whereas, Little Miss India is Indian restaurant is located on the ground floor of the Fairmont Palm Hotel. It offers delectable Indian cuisines. Frevo on the other side, has delicious traditional Brazilian cuisine.
Supermarkets near The Fairmont Palm Residences
Supermarkets near The Fairmont Palm Residences includes:
- Swiss Mart Supermarket
- Quick Buy
- Cherry Express Minimart
Swissmart Supermarket is a 9-minute drive. Quick Buy is 7 minutes away. Located in Tiara, Palm Jumeirah, this convenience store offers a number of grocery items. Cherry Express Minimart is at a 15-minute drive.
There are a few buildings situated next to the residences.
- Damac Ocean Heights - residential
Two Towers Building - residential
- Al Sarood, Shoreline 13 - residential
- Golden Mile 6 - residential
The Fairmont Palm Residences is located next to Golden Mile 6 and is in close proximity to Al Anbara, Shoreline 12 and Al Sarood, Shoreline 13.
Nearby landmarks include:
- Aquaventure Waterpark
- The Lost Chamber Aquarium
Residents will also find various tourist attractions within the community, as Aquaventure Waterpark and The Lost Chamber Aquarium is located within a 15-minute drive away from The Fairmont Palm Residences. Aquaventure Waterpark offers a lot of fun-filled water activities including splash area for children and sharks-filled lagoons.
Whereas, The Lost Chamber Aquarium gives you an amazing underwater experience. You can get up-close to the marina life and their feeding sessions.
THINGS TO CONSIDER
Although the community Palm Jumeirah offers a number of entertainments and dining options along with a luxurious lifestyle, it is a little far from the business areas like Downtown Dubai and Business Bay. However, with a number of transportation options, travelling won't be a problem for residents of Fairmont Plam Residences.