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Palm Jumeirah hotel sees record Dhs1.2b gift deal

Gulf Today

|

February 12, 2026

The Dubai Real Estate (REST) market witnessed a record gift deal for a famous hotel in Palm Jumeirah worth Dhs1.2 billion, at the start of Wednesday's trading, according to the Dubai Land Department (DLD).

- Farouk Fayyad, Staff Reporter

Dubai REST data clarified that the famous Fairmont The Palm Hotel & Resort, with a total area of 1.232 million squa

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