What is the rental yield in The Residences North?

The Residences North returns 3.33% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 93 rental contracts registered in the last 24 months.

How much does a 2 bedroom in The Residences North cost?

The median registered sale price is AED 5.13M (2,779 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in The Residences North selling for right now?

Registered sales of ready units in The Residences North over the last 12 months have a median of 2,810 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in The Residences North risen or fallen?

Median price per square foot moved +2.2% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.

How does The Residences North compare with Palm Jumeirah?

Its 3.33% gross yield sits -1.9 pts against the Palm Jumeirah median of 5.19%, computed at the same bedroom grain over the same 24-month window.

The Residences North — sale prices & yield

Buy: 5.13MAED; AED 2,810/sqft
Long-let: 3.33%; AED 250,000/yr
Short-let: 5.83%; AED 1,336/night · 0.72/sqft

Price per sqft: Median of 9 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread: -1.9 pts; vs the Palm Jumeirah median for this unit type
Turnover upside: +7.5%; new tenants pay more than sitting ones — 82 renewals
AED/yr/sqft: AED 139
Sales: 22
Rental contracts: 93
Renewal rent: AED 232,500/yr

12 months: +2.2%
3 years: +10.1%+3.3%/yr
5 years: +88.4%+13.5%/yr

Based on 22 sales and 93 rental contracts in the last 24 months. Rental data covers the whole Fairmont Palm Residence project, not this tower alone.

The Residences North is an apartment building in Palm Jumeirah, Dubai, one of the towers in the Fairmont Palm Residence development. The closest metro station is Palm Jumeirah, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 512 registered sales in all — the 22 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in The Residences North, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 3.11M	2367	4.79% -0.2 pts	-16.1%	10
2 bed	AED 5.13M	2779	3.33% -1.9 pts	+2.2%	22
3 bed	AED 8.45M	1897	5.92% +0.8 pts	-35.8%	9

Deltas compare each yield with the Palm Jumeirah median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around The Residences North

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	1,046	0.80	AED 236,077	AED 150,000	1.6×	7.60%	7+
2 bed500m	1,336	0.72	AED 298,595	AED 250,000	1.2×	5.83%	12+
3 bed500m	2,170	0.49	AED 460,595	AED 500,000	0.9×	5.45%	5+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because The Residences North itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in The Residences North between 2005 and 2012 went for a median of AED 1,332/sqft (AED 2.58M). The same building resells today at AED 2,480/sqft (AED 5.10M) — an uplift of +97.5%.

Based on 322 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

16 resales in the last 12 months, against 28 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
20 Aug 2026	1 bed	1,354	AED 2,550,000	1,884
19 Aug 2026	2 bed	1,767	AED 7,500,000	4,245
30 Jun 2026	3 bed	4,904	AED 10,237,373	2,088
18 Jun 2026	1 bed	1,314	AED 2,615,000	1,990
9 Jun 2026	2 bed	1,095	AED 2,300,000	2,100

5 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Palm Jumeirah
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Fairmont Palm Residence, on the same figures over the same window.

Highest rental yields in Palm Jumeirah · The Residences North places 5th of 51

The Residences South · 3.88%
Passo by Beyond - TOWER A
Seven Hotel & Apartments the Palm - A · 8.17%
The Palm Tower · 10.38%
The 8 · 6.97%
Passo by Beyond - TOWER B
Seven Hotel & Apartments the Palm - B · 12.66%
Five at Palm Jumeirah Dubai · 4.16%

Common questions

What is the rental yield in The Residences North?: The Residences North returns 3.33% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 93 rental contracts registered in the last 24 months.
How much does a 2 bedroom in The Residences North cost?: The median registered sale price is AED 5.13M (2,779 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Residences North selling for right now?: Registered sales of ready units in The Residences North over the last 12 months have a median of 2,810 AED/sqft, across 9 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Residences North risen or fallen?: Median price per square foot moved +2.2% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Residences North compare with Palm Jumeirah?: Its 3.33% gross yield sits -1.9 pts against the Palm Jumeirah median of 5.19%, computed at the same bedroom grain over the same 24-month window.

The Residences North