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Fairmont South Residence, Palm Jumeirah

Fairmont South Residence, Palm Jumeirah

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Strengths

Luxurious Amenities

Stunning Views

Prime Location

Weakens

High Maintenance Costs

Limited Public Transport

Crowded During Peak Seasons

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Description

Fairmont South Residence, Palm Jumeirah

Real Estate Overview

Building Overview

  • The Fairmont South Residence is a luxurious development situated on the iconic Palm Jumeirah, known for its stunning views and beachfront living.
  • The building offers proximity to upscale shopping centers, renowned dining options, and leisure facilities, catering to a high-end lifestyle.
  • Well-connected to major roadways, residents enjoy convenient access to the rest of Dubai, including airports and key business hubs.

Properties Overview

  • The residence features a variety of properties, including lavish apartments and penthouses, appealing to both buyers and renters.
  • Average rental prices range from AED 200,000 to AED 400,000 annually, while sales prices typically fall between AED 3 million and AED 10 million, depending on size and amenities.
  • Popular unit configurations include 1, 2, and 3-bedroom apartments, attracting families as well as professionals.

Market Trends

  • The real estate market in Palm Jumeirah has shown resilience, with rental rates stabilizing and a consistent demand for luxury properties.
  • Investors can anticipate a moderate return on investment (ROI) of around 5-7%, with prices steadily increasing due to limited supply in the area.
  • Trends indicate a growing interest in waterfront properties, expecting sustained demand over the upcoming years.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from nearby educational institutions including international schools and universities, ensuring ample learning opportunities for families.
  • Healthcare facilities, such as clinics and hospitals, are within a short drive, guaranteeing easy access to medical services.

Transportation and Accessibility

  • Public transportation options include the Dubai Tram and several bus routes, along with dedicated parking spaces for residents and visitors.
  • The building's strategic location offers seamless connectivity to all parts of the city, enhancing the overall living experience.

Lifestyle Amenities

  • The Fairmont South Residence boasts luxury amenities like swimming pools, gyms, and wellness centers, enriching residents' lifestyles.
  • Gourmet dining options, boutique shops, and nearby beach access elevate the living experience, making it suitable for both relaxation and social activities.

Builing Facilities

  • State-of-the-art facilities include high-speed elevators, advanced security systems, and central air conditioning for optimal comfort.
  • Regular maintenance services ensure the highest quality of living for all residents.

Special Services

  • The building offers concierge services to assist residents with various needs, alongside guest services to ensure a welcoming environment.
  • Business centers and meeting rooms cater to professionals, making it ideal for both living and work.

Planning Your Move or Investment

Floor Plans and Property Types

  • Floor plans are available in various layouts, including spacious open-plan designs and functional family-oriented configurations, serving diverse lifestyle needs.

Things to Consider

  • Consider factors such as budget, lifestyle preferences, and proximity to work or schools when selecting a property.
  • Evaluate the amenities and services offered to ensure they align with your expectations.

Useful FAQs and Support

Events and Building Life

Building Events

  • The Fairmont South Residence hosts community-building events such as social gatherings, fitness classes, and holiday celebrations, fostering a vibrant community spirit.
  • Regularly scheduled events strengthen neighborhood ties and enhance the residential experience.

Community Identity

  • Distinctive for its luxury and architectural elegance, the Fairmont South Residence stands as a hallmark of high standards in waterfront living.
  • The building's commitment to luxury, combined with recreational amenities, reflects a lifestyle that is both opulent and community-oriented.

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Detailed Buiding Insights

1. Family Friendliness

The residence offers spacious living areas, proximity to family-oriented amenities such as parks and educational institutions, making it ideal for families.

Exceptionally Welcoming

2. Living Options

Fairmont South Residence provides a variety of accommodation types including luxury apartments and penthouses, catering to different lifestyle needs.

Broadly Diverse

3. Safety And Security

With 24/7 security personnel and advanced surveillance systems, residents enjoy an enhanced sense of safety and privacy.

Remarkably Secure

4. Transportation

Access to main roads and public transport options is easy, allowing residents to travel throughout Dubai without hassle.

Conveniently Accessible

5. Amenities And Facilities

The community features an array of amenities including pools, gyms, restaurants, and spa services, ensuring a high-quality living experience.

Luxuriously Equipped

6. Cost Of Living

While the cost of living is above average due to the luxury offerings, it is justified by the quality of amenities and location.

Relatively High

7. Things To Do

The area offers a range of entertainment and leisure activities, including beach access, dining options, and cultural attractions.

Vibrantly Diverse

8. Noise Levels

The location is relatively quiet despite being near tourist attractions, providing a tranquil environment for residents.

Generally Peaceful

9. Pet Friendliness

The community allows pets and offers several pet-friendly amenities, making it suitable for pet owners.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

231.8K AED - 301.8K AED

Rent:

23.7K AED - 34.9K AED

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