2-bed · 2,049 sqftSerenia Living - Tower 1, Palm Jumeirah · completed 2025

407, Serenia Living - Tower 1

Sold prices and rental history: sold twice, last in July 2024, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 11 September 2026
Last soldAED 7.8M24 July 2024
Current rentAED 460K /yr11 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Serenia Living - Tower 1

What is 407 worth today?

Last sold for AED 7,800,000 in 2024

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11 Sep 2026RentedNew contract
AED 460,000/yr12 months · AED 226 per sqft
24 Jul 2024SoldOff-plan
AED 7,800,000AED 3,806 per sqft
30 Sep 2022Sold by developerOff-plan
AED 5,286,000AED 2,579 per sqft

Source: Dubai Land Department. Updated 11 September 2026.

Key facts

Type
2-bed apartment
Size
2,049 sqft
Parking
1
Developer
Palma Homes Real Estate Development
Completed
2025
Last sold
AED 7.8M · July 2024

About 407, Serenia Living - Tower 1

407 is a two-bedroom apartment of 2,049 sqft of Serenia Living - Tower 1, a 15-storey tower in Palm Jumeirah completed in 2025 by Palma Homes Real Estate Development . It last sold on 24 July 2024 for AED 7,800,000, or AED 3,806 per sqft, in line with the AED 3,770 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 September 2026. The current contract, signed on 11 September 2026, is AED 460,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2022: AED 5,286,000 (AED 2,579 per sqft)Sold, July 2024: AED 7,800,000 (AED 3,806 per sqft)

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

2-beds in Serenia Living - Tower 1, and where 407 sits

All 95 2-beds →

407 last sold in July 2024 at AED 3,806 per sqft, in line with what two-beds in Serenia Living - Tower 1 were fetching at the time (AED 3,770). 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. 407's AED 460,000 is in the lower 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 →

407, Serenia Living - Tower 1 in numbers

  • Sold twice: first on 30 September 2022 for AED 5,286,000, last on 24 July 2024 for AED 7,800,000 (AED 3,806 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 460,000 a year.
  • At AED 460,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 11 September 2026.

Questions about 407, Serenia Living - Tower 1

What did unit 407 last sell for?

AED 7,800,000 on 24 July 2024: AED 3,806 per sqft for 2,049 sqft. The unit has 2 registered sales; the first was AED 5,286,000 in September 2022.

What is the rent for unit 407?

AED 460,000 a year on the contract signed on 11 September 2026.

How big is unit 407?

2,049 sqft (190.4 sqm): a two-bedroom apartment of a 15-storey tower completed in 2025.

What is unit 407 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 407, Serenia Living - Tower 1

Starts from the last sale price (AED 7.8M, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,800,000
Deposit, UAE resident (20%)
AED 1,560,000
Deposit, non-resident (40%)
AED 3,120,000
Monthly over 25 years at 3.7%
AED 31,912

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