A308, Serenia Residences North (A)
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A308, Serenia Residences North (A)
What is A308 worth today?
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Source: Dubai Land Department. Updated 10 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,063 sqft
- Floor
- 3rd of 9
- Parking
- B-128
- Developer
- Palma Homes Real Estate Development
- Completed
- 2017
- Service charge
- AED 30,400 /yr
- Last sold
- AED 2.93M · February 2023
- Building
- Serenia Residences North (A)
About A308, Serenia Residences North (A)
A308 is a one-bedroom apartment of 1,063 sqft on the 3rd floor of Serenia Residences North (A), a 9-storey tower in Palm Jumeirah completed in 2017 by Palma Homes Real Estate Development . It last sold on 14 February 2023 for AED 2,930,000, or AED 2,756 per sqft, 7% above the AED 2,576 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 10 December 2023, is AED 150,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 30,400 a year.
Sales and rents for A308 over time
A308 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Serenia Residences North (A), and where A308 sits
All 54 1-beds →A308 last sold in February 2023 at AED 2,756 per sqft, 7% above what one-beds in Serenia Residences North (A) were fetching at the time (AED 2,576). Over the last 12 months one-beds sold for AED 2,400,000 to 3,783,007, around AED 2,748 per sqft, and rent for AED 130,000 to 200,000 a year. A308's AED 150,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,202 sqft | 3,400,000 | 2,829 | ||
| 11 Feb 202611 February 2026 | 1,727 sqft | 3,783,007 | 2,190 | ||
| 24 Dec 202524 December 2025 | 935 sqft | 3,400,000 | 3,637 | ||
| 19 Nov 202519 November 2025 | 900 sqft | 2,400,000 | 2,667 |
Serenia Residences North (A)
Building108 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2017 by Palma Homes Real Estate Development . 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,829
- Typical sale
- AED 3.4M
- Typical rent
- AED 200K /yr
- Typical yield
- 6.0%
Other units on the 3rd floor
All 108 units in Serenia Residences North (A)| ValueToday's value | |||||
|---|---|---|---|---|---|
| A301 | 1-bed | 935 sqft | AED 2.35MAED 2,350,000 · Aug 2022August 2022 | 160,000 /yr | |
| A302 | 2-bed | 1,621 sqft | AED 5.8MAED 5,800,000 · Sep 2022September 2022 | 260,000 /yr | |
| A303 | 3-bed | 2,630 sqft | AED 8.2MAED 8,200,000 · Nov 2021November 2021 | ||
| A304 | 1-bed | 1,040 sqft | AED 2.17MAED 2,168,000 · Jul 2015July 2015 | ||
| A305 | 1-bed | 1,071 sqft | AED 1.75MAED 1,750,000 · Oct 2019October 2019 | 115,000 /yr | |
| A306 | 2-bed | 1,478 sqft | AED 3.71MAED 3,709,000 · Jul 2015July 2015 | ||
| A307 | 2-bed | 1,334 sqft | AED 3.36MAED 3,360,000 · Jun 2015June 2015 | 264,000 /yr | |
| A309 | 1-bed | 900 sqft | AED 1.79MAED 1,794,000 · Jul 2015July 2015 | 145,000 /yr | |
| A310 | 1-bed | 949 sqft | AED 1.75MAED 1,746,000 · Jul 2015July 2015 | ||
| A311 | 1-bed | 1,202 sqft | AED 3.13MAED 3,131,590 · Apr 2025April 2025 | 110,000 /yr | |
| A312 | 2-bed | 1,605 sqft | AED 6.1MAED 6,100,000 · Sep 2023September 2023 | 225,000 /yr | |
| A313 | 2-bed | 1,507 sqft | AED 4MAED 3,996,000 · Jun 2015June 2015 | 318,000 /yr | |
| A314 | 2-bed | 1,526 sqft | AED 4.65MAED 4,650,000 · Apr 2022April 2022 | 229,363 /yr |
A308, Serenia Residences North (A) in numbers
- Sold twice: first on 8 July 2015 for AED 2,312,000, last on 14 February 2023 for AED 2,930,000 (AED 2,756 per sqft).
- Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 127,000 to AED 110,000 in 2021 and recovered to AED 150,000 by December 2023.
- At AED 150,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 30,400 a year (AED 28.61 per sqft).
- One-beds in Serenia Residences North (A) sold for AED 2,400,000–3,783,007 in the 12 months to November 2026; the building's median across all types is AED 2,829 per sqft.
Source: Dubai Land Department. Updated 10 December 2023.
Questions about A308, Serenia Residences North (A)
What did unit A308 last sell for?
AED 2,930,000 on 14 February 2023: AED 2,756 per sqft for 1,063 sqft. The unit has 2 registered sales; the first was AED 2,312,000 in July 2015.
What is the rent for unit A308?
AED 150,000 a year on the contract signed on 10 December 2023. The previous contract, from January 2021, was AED 110,000; the unit has been rented since July 2018.
How big is unit A308?
1,063 sqft (98.8 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.
What is unit A308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Serenia Residences North (A) sold for AED 2,400,000 to 3,783,007 in the last 12 months, around AED 2,748 per sqft.
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Mortgage on A308, Serenia Residences North (A)
Starts from the last sale price (AED 2.93M, 14 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,930,000
- Deposit, UAE resident (20%)
- AED 586,000
- Deposit, non-resident (40%)
- AED 1,172,000
- Monthly over 25 years at 3.7%
- AED 11,988
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →