1-bed · 935 sqftSerenia Residences North (A), Palm Jumeirah · 4th floor · completed 2017

A401, Serenia Residences North (A)

Sold prices and rental history: sold twice, last in May 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A401 · DLD and Ejari recordsUpdated 23 May 2022
Last soldAED 2.3M23 May 2022
Current rentAED 95K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A401, Serenia Residences North (A)

What is A401 worth today?

Last sold for AED 2,300,000 in 2022

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23 May 2022SoldReady
AED 2,300,000AED 2,459 per sqft
1 Dec 2020RentedNew contract
AED 95,000/yr13 months · AED 101 per sqft
19 Jun 2019RentedRenewal
AED 117,600/yr12 months · AED 126 per sqft
19 Jun 2018RentedNew contract
AED 112,000/yr12 months · AED 120 per sqft
12 Apr 2016Sold by developerOff-plan
AED 2,081,000AED 2,225 per sqft

Source: Dubai Land Department. Updated 23 May 2022.

Key facts

Type
1-bed apartment
Size
935 sqft
Floor
4th of 9
Parking
B-103
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 26,800 /yr
Last sold
AED 2.3M · May 2022

About A401, Serenia Residences North (A)

A401 is a one-bedroom apartment of 935 sqft on the 4th 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 23 May 2022 for AED 2,300,000, or AED 2,459 per sqft, 21% above the AED 2,027 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 December 2020, is AED 95,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 26,800 a year.

Sales and rents for A401 over time

Sales
Unit A401, each saleTypical one-bed in Serenia Residences North (A)
2M3M4M2015201820212024Typical sale price by year: 2015 AED 2,168,000; 2016 AED 2,011,000; 2017 AED 2,453,400; 2018 AED 2,350,000; 2019 AED 2,000,000; 2020 AED 1,950,000; 2021 AED 1,950,000; 2022 AED 2,725,000; 2023 AED 2,865,000; 2024 AED 3,800,000; 2025 AED 3,265,795Sold by developer, April 2016: AED 2,081,000 (AED 2,225 per sqft)Sold, May 2022: AED 2,300,000 (AED 2,459 per sqft)

A401 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit A401, each contractTypical one-bed in Serenia Residences North (A)
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 117,978; 2020 AED 110,000; 2021 AED 120,000; 2022 AED 128,000; 2023 AED 160,000; 2024 AED 160,000; 2025 AED 160,000; 2026 AED 150,000New contract, June 2018: AED 112,000 a yearRenewal, June 2019: AED 117,600 a yearNew contract, December 2020: AED 95,000 a year

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 A401 sits

All 54 1-beds →

A401 last sold in May 2022 at AED 2,459 per sqft, 21% above what one-beds in Serenia Residences North (A) were fetching at the time (AED 2,027). 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. A401's AED 95,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 20263,400,000
11 Feb 20263,783,007
24 Dec 20253,400,000
19 Nov 20252,400,000
4 1-bed sales in the last 12 months

Serenia Residences North (A)

Building

108 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%
Serenia Residences North (A), Palm Jumeirah: prices, sales and rents →
Value
A4022-bedAED 4M · Mar 2022
A4033-bedAED 6.4M · Oct 2015
A4041-bedAED 2.24M · Jun 2015
A4051-bedAED 1.72M · Mar 2021
A4062-bedAED 4.2M · May 2021
A4072-bedAED 4.1M · Jan 2022
A4081-bedAED 3.65M · Jul 2025
1–7 of 13

A401, Serenia Residences North (A) in numbers

  • Sold twice: first on 12 April 2016 for AED 2,081,000, last on 23 May 2022 for AED 2,300,000 (AED 2,459 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, from AED 112,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 26,800 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 23 May 2022.

Questions about A401, Serenia Residences North (A)

What did unit A401 last sell for?

AED 2,300,000 on 23 May 2022: AED 2,459 per sqft for 935 sqft. The unit has 2 registered sales; the first was AED 2,081,000 in April 2016.

What is the rent for unit A401?

AED 95,000 a year on the contract signed on 1 December 2020. The previous contract, from June 2019, was AED 117,600; the unit has been rented since June 2018.

How big is unit A401?

935 sqft (86.9 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit A401 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 A401, Serenia Residences North (A)

Starts from the last sale price (AED 2.3M, 23 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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