2-bed · 2,026 sqftSerenia Living - Tower 1, Palm Jumeirah · completed 2025

704, Serenia Living - Tower 1

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 7.5M27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Serenia Living - Tower 1

What is 704 worth today?

Last sold for AED 7,500,000 in 2024

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27 May 2024SoldOff-plan
AED 7,500,000AED 3,701 per sqft
3 Oct 2022Sold by developerOff-plan
AED 5,977,000AED 2,949 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
2-bed apartment
Size
2,026 sqft
Parking
1
Developer
Palma Homes Real Estate Development
Completed
2025
Last sold
AED 7.5M · May 2024

About 704, Serenia Living - Tower 1

704 is a two-bedroom apartment of 2,026 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 27 May 2024 for AED 7,500,000, or AED 3,701 per sqft, in line with the AED 3,753 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, 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 5,977,000 (AED 2,949 per sqft)Sold, May 2024: AED 7,500,000 (AED 3,701 per sqft)

704 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 704 sits

All 95 2-beds →

704 last sold in May 2024 at AED 3,701 per sqft, in line with what two-beds in Serenia Living - Tower 1 were fetching at the time (AED 3,753). 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.

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 →

704, Serenia Living - Tower 1 in numbers

  • Sold twice: first on 3 October 2022 for AED 5,977,000, last on 27 May 2024 for AED 7,500,000 (AED 3,701 per sqft).
  • 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 27 May 2024.

Questions about 704, Serenia Living - Tower 1

What did unit 704 last sell for?

AED 7,500,000 on 27 May 2024: AED 3,701 per sqft for 2,026 sqft. The unit has 2 registered sales; the first was AED 5,977,000 in October 2022.

How big is unit 704?

2,026 sqft (188.2 sqm): a two-bedroom apartment of a 15-storey tower completed in 2025.

What is unit 704 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 704, Serenia Living - Tower 1

Starts from the last sale price (AED 7.5M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

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