A403, Serenia Residences North (A)
Sold prices and rental history: sold once, by the developer in October 2015, 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 A403, Serenia Residences North (A)
What is A403 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,630 sqft
- Floor
- 4th of 9
- Parking
- B-245 , B-246
- Developer
- Palma Homes Real Estate Development
- Completed
- 2017
- Service charge
- AED 75,200 /yr
- Last sold
- AED 6.4M · October 2015
- Building
- Serenia Residences North (A)
About A403, Serenia Residences North (A)
A403 is a three-bedroom apartment of 2,630 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 . The developer sold it on 20 October 2015 for AED 6,395,000, or AED 2,431 per sqft, 3% above the AED 2,349 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 April 2024, is AED 650,000 a year: a gross yield of 10.2% on the 2015 price, before the service charge of about AED 75,200 a year.
Sales and rents for A403 over time
A403 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Serenia Residences North (A), and where A403 sits
All 8 3-beds →A403 last sold in October 2015 at AED 2,431 per sqft, 3% above what three-beds in Serenia Residences North (A) were fetching at the time (AED 2,349).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20225 August 2022 | 2,630 sqft | 8,600,000 | 3,270 | ||
| 20 Apr 202220 April 2022 | 2,630 sqft | 9,400,000 | 3,574 | ||
| 28 Nov 202128 November 2021 | 2,630 sqft | 8,200,000 | 3,118 | ||
| 20 Oct 202120 October 2021 | 2,557 sqft | 8,200,000 | 3,207 |
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 4th floor
All 108 units in Serenia Residences North (A)| ValueToday's value | |||||
|---|---|---|---|---|---|
| A401 | 1-bed | 935 sqft | AED 2.3MAED 2,300,000 · May 2022May 2022 | 95,000 /yr | |
| A402 | 2-bed | 1,621 sqft | AED 4MAED 3,996,000 · Mar 2022March 2022 | ||
| A404 | 1-bed | 1,040 sqft | AED 2.24MAED 2,244,000 · Jun 2015June 2015 | 155,000 /yr | |
| A405 | 1-bed | 1,071 sqft | AED 1.72MAED 1,720,000 · Mar 2021March 2021 | 110,000 /yr | |
| A406 | 2-bed | 1,478 sqft | AED 4.2MAED 4,200,000 · May 2021May 2021 | ||
| A407 | 2-bed | 1,334 sqft | AED 4.1MAED 4,100,000 · Jan 2022January 2022 | 200,000 /yr | |
| A408 | 1-bed | 1,063 sqft | AED 3.65MAED 3,650,000 · Jul 2025July 2025 | 100,270 /yr | |
| A409 | 1-bed | 900 sqft | AED 1.64MAED 1,639,000 · Apr 2016April 2016 | 115,000 /yr | |
| A410 | 1-bed | 949 sqft | AED 1.9MAED 1,900,000 · Feb 2021February 2021 | 150,000 /yr | |
| A411 | 1-bed | 1,202 sqft | AED 2.4MAED 2,400,000 · Dec 2021December 2021 | 120,000 /yr | |
| A412 | 2-bed | 1,605 sqft | AED 6.3MAED 6,300,000 · Oct 2023October 2023 | 460,000 /yr | |
| A413 | 2-bed | 1,507 sqft | AED 6.3MAED 6,300,000 · Oct 2023October 2023 | 420,000 /yr | |
| A414 | 2-bed | 1,526 sqft | AED 3MAED 3,000,000 · Nov 2022November 2022 | 200,000 /yr |
A403, Serenia Residences North (A) in numbers
- Sold once: by Palma Homes Real Estate Development on 20 October 2015 for AED 6,395,000, or AED 2,431 per sqft.
- Rented since May 2018 on 6 Ejari contracts, from AED 340,000 to AED 650,000 a year.
- At AED 650,000 a year the gross yield on the 2015 price is 10.2%, before a service charge of about AED 75,200 a year (AED 28.61 per sqft).
Source: Dubai Land Department. Updated 1 April 2024.
Questions about A403, Serenia Residences North (A)
What did unit A403 last sell for?
AED 6,395,000 on 20 October 2015, sold by the developer: AED 2,431 per sqft for 2,630 sqft. It is the only registered sale of the unit.
What is the rent for unit A403?
AED 650,000 a year on the contract signed on 1 April 2024. The previous contract, from February 2023, was AED 340,000; the unit has been rented since May 2018.
How big is unit A403?
2,630 sqft (244.3 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.
What is unit A403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on A403, Serenia Residences North (A)
Starts from the last sale price (AED 6.4M, 20 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 6,395,000
- Deposit, UAE resident (20%)
- AED 1,279,000
- Deposit, non-resident (40%)
- AED 2,558,000
- Monthly over 25 years at 3.7%
- AED 26,164
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →