2-bed · 2,359 sqftSerenia Living - Tower 1, Palm Jumeirah · completed 2025

405, Serenia Living - Tower 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from November 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 5.52M10 October 2022
Current rentAED 650K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Serenia Living - Tower 1

What is 405 worth today?

Last sold for AED 5,521,000 in 2022

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1 Nov 2026RentedNew contract
AED 650,000/yr12 months · AED 276 per sqft
10 Oct 2022Sold by developerOff-plan
AED 5,521,000AED 2,340 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
2,359 sqft
Parking
1
Developer
Palma Homes Real Estate Development
Completed
2025
Last sold
AED 5.52M · October 2022

About 405, Serenia Living - Tower 1

405 is a two-bedroom apartment of 2,359 sqft of Serenia Living - Tower 1, a 15-storey tower in Palm Jumeirah completed in 2025 by Palma Homes Real Estate Development . The developer sold it on 10 October 2022 for AED 5,521,000, or AED 2,340 per sqft, 21% below the AED 2,946 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2026. The current contract, signed on 1 November 2026, is AED 650,000 a year: a gross yield of 11.8% on the 2022 price.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Serenia Living - Tower 1
6M8M202220242026Typical sale price by year: 2022 AED 5,728,500; 2023 AED 7,025,000; 2024 AED 7,450,000; 2025 AED 8,200,000; 2026 AED 8,700,000Sold by developer, October 2022: AED 5,521,000 (AED 2,340 per sqft)

405 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Serenia Living - Tower 1, and where 405 sits

All 95 2-beds →

405 last sold in October 2022 at AED 2,340 per sqft, 21% below what two-beds in Serenia Living - Tower 1 were fetching at the time (AED 2,946). Over the last 12 months two-beds sold for AED 2,700,000 to 11,000,000, around AED 4,541 per sqft, and rent for AED 400,000 to 675,000 a year. 405's AED 650,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20269,400,000
20 Oct 20269,550,000
19 Oct 20268,700,000
16 Oct 202610,550,000
31 2-bed sales in the last 12 months

Serenia Living - Tower 1

Building

40 apartments, 2-bed to 6-bed over 15 floors in Palm Jumeirah, completed in 2025 by Palma Homes Real Estate Development . 31 sold in the last 12 months.

Typical price per sqft
AED 4,541 Up 4.7%
Typical sale
AED 8.7M
Typical rent
AED 510K /yr
Typical yield
6.0%
Serenia Living - Tower 1, Palm Jumeirah: prices, sales and rents →

405, Serenia Living - Tower 1 in numbers

  • Sold once: by Palma Homes Real Estate Development on 10 October 2022 for AED 5,521,000, or AED 2,340 per sqft.
  • Rented since November 2026 on one Ejari contract, at AED 650,000 a year.
  • At AED 650,000 a year the gross yield on the 2022 price is 11.8%.
  • Two-beds in Serenia Living - Tower 1 sold for AED 2,700,000–11,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,541 per sqft.

Source: Dubai Land Department. Updated 1 November 2026.

Questions about 405, Serenia Living - Tower 1

What did unit 405 last sell for?

AED 5,521,000 on 10 October 2022, sold by the developer: AED 2,340 per sqft for 2,359 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 650,000 a year on the contract signed on 1 November 2026.

How big is unit 405?

2,359 sqft (219.2 sqm): a two-bedroom apartment of a 15-storey tower completed in 2025.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Serenia Living - Tower 1 sold for AED 2,700,000 to 11,000,000 in the last 12 months, around AED 4,541 per sqft.

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Mortgage on 405, Serenia Living - Tower 1

Starts from the last sale price (AED 5.52M, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,521,000
Deposit, UAE resident (20%)
AED 1,104,200
Deposit, non-resident (40%)
AED 2,208,400
Monthly over 25 years at 3.7%
AED 22,588

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →