505, Serenia Living - Tower 2
Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Serenia Living - Tower 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 28 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 3,338 sqft
- Parking
- 2
- Developer
- Palma Homes Real Estate Development
- Completed
- 2025
- Last sold
- AED 7.99M · October 2022
- Building
- Serenia Living - Tower 2
About 505, Serenia Living - Tower 2
505 is a three-bedroom apartment of 3,338 sqft of Serenia Living - Tower 2, a 16-storey tower in Palm Jumeirah completed in 2025 by Palma Homes Real Estate Development . The developer sold it on 6 October 2022 for AED 7,985,000, or AED 2,391 per sqft, 17% below the AED 2,892 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 28 August 2026. The current contract, signed on 28 August 2026, is AED 900,000 a year: a gross yield of 11.3% on the 2022 price.
Sales and rents for 505 over time
505 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in Serenia Living - Tower 2, and where 505 sits
All 67 3-beds →505 last sold in October 2022 at AED 2,391 per sqft, 17% below what three-beds in Serenia Living - Tower 2 were fetching at the time (AED 2,892). Over the last 12 months three-beds sold for AED 10,500,000 to 16,700,000, around AED 4,747 per sqft, and rent for AED 680,000 to 930,000 a year. 505's AED 900,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 2,428 sqft | 12,000,000 | 4,941 | ||
| 26 Oct 202626 October 2026 | 2,530 sqft | 13,460,000 | 5,320 | ||
| 16 Oct 202616 October 2026 | 2,528 sqft | 14,500,000 | 5,734 | ||
| 14 Oct 202614 October 2026 | 2,428 sqft | 12,100,000 | 4,982 |
Serenia Living - Tower 2
Building33 apartments, 3-bed to 4-bed over 16 floors in Palm Jumeirah, completed in 2025 by Palma Homes Real Estate Development . 20 sold in the last 12 months.
- Typical price per sqft
- AED 4,625 Up 11.8%
- Typical sale
- AED 13.48M
- Typical rent
- AED 765K /yr
- Typical yield
- 5.1%
505, Serenia Living - Tower 2 in numbers
- Sold once: by Palma Homes Real Estate Development on 6 October 2022 for AED 7,985,000, or AED 2,391 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 900,000 a year.
- At AED 900,000 a year the gross yield on the 2022 price is 11.3%.
- Three-beds in Serenia Living - Tower 2 sold for AED 10,500,000–16,700,000 in the 12 months to November 2026; the building's median across all types is AED 4,625 per sqft.
Source: Dubai Land Department. Updated 28 August 2026.
Questions about 505, Serenia Living - Tower 2
What did unit 505 last sell for?
AED 7,985,000 on 6 October 2022, sold by the developer: AED 2,391 per sqft for 3,338 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 900,000 a year on the contract signed on 28 August 2026.
How big is unit 505?
3,338 sqft (310.1 sqm): a three-bedroom apartment of a 16-storey tower completed in 2025.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Serenia Living - Tower 2 sold for AED 10,500,000 to 16,700,000 in the last 12 months, around AED 4,747 per sqft.
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Mortgage on 505, Serenia Living - Tower 2
Starts from the last sale price (AED 7.99M, 6 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 7,985,000
- Deposit, UAE resident (20%)
- AED 1,597,000
- Deposit, non-resident (40%)
- AED 3,194,000
- Monthly over 25 years at 3.7%
- AED 32,669
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →