2-bed · 1,605 sqftSerenia Residences North (A), Palm Jumeirah · 5th floor · completed 2017

A512, Serenia Residences North (A)

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A512 · DLD and Ejari recordsUpdated 12 November 2026
Last soldAED 4.49M14 July 2015
Current rentAED 239K /yr12 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A512, Serenia Residences North (A)

What is A512 worth today?

Last sold for AED 4,491,000 in 2015

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12 Nov 2026RentedNew contract
AED 239,335/yr12 months · AED 149 per sqft
2 Dec 2024RentedNew contract
AED 320,000/yr6 months · AED 200 per sqft
26 Apr 2023RentedRenewal
AED 220,000/yr12 months · AED 137 per sqft
26 Apr 2022RentedRenewal
AED 210,000/yr12 months · AED 131 per sqft
26 Apr 2021RentedRenewal
AED 200,000/yr12 months · AED 125 per sqft
26 Apr 2020RentedRenewal
AED 200,000/yr12 months · AED 125 per sqft
26 Apr 2019RentedNew contract
AED 230,000/yr12 months · AED 143 per sqft
26 Apr 2018RentedNew contract
AED 240,000/yr12 months · AED 150 per sqft

Source: Dubai Land Department. Updated 12 November 2026.

Key facts

Type
2-bed apartment
Size
1,605 sqft
Floor
5th of 9
Parking
B-312 , B-313
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 45,900 /yr
Last sold
AED 4.49M · July 2015

About A512, Serenia Residences North (A)

A512 is a two-bedroom apartment of 1,605 sqft on the 5th 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 14 July 2015 for AED 4,491,000, or AED 2,798 per sqft, 4% above the AED 2,693 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 12 November 2026, is AED 239,335 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 45,900 a year.

Sales and rents for A512 over time

Sales
Unit A512, each saleTypical two-bed in Serenia Residences North (A)
4M6M2015201820212024Typical sale price by year: 2015 AED 4,050,000; 2018 AED 3,561,360; 2020 AED 3,500,000; 2021 AED 4,200,000; 2022 AED 4,850,000; 2023 AED 6,300,000; 2024 AED 6,400,000Sold by developer, July 2015: AED 4,491,000 (AED 2,798 per sqft)

A512 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit A512, each contractTypical two-bed in Serenia Residences North (A)
200K300K2018202120242027Typical rent by year: 2018 AED 182,500; 2019 AED 192,955; 2020 AED 180,000; 2021 AED 199,000; 2022 AED 210,000; 2023 AED 220,000; 2024 AED 310,000; 2025 AED 319,000; 2026 AED 259,500New contract, April 2018: AED 240,000 a yearNew contract, April 2019: AED 230,000 a yearRenewal, April 2020: AED 200,000 a yearRenewal, April 2021: AED 200,000 a yearRenewal, April 2022: AED 210,000 a yearRenewal, April 2023: AED 220,000 a yearNew contract, December 2024: AED 320,000 a yearNew contract, November 2026: AED 239,335 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Serenia Residences North (A), and where A512 sits

All 45 2-beds →

A512 last sold in July 2015 at AED 2,798 per sqft, 4% above what two-beds in Serenia Residences North (A) were fetching at the time (AED 2,693). Over the last 12 months two-beds sold for AED 5,150,000, around AED 3,859 per sqft, and rent for AED 229,363 to 380,000 a year. A512's AED 239,335 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jun 20265,150,000
30 Jan 20255,450,000
16 Dec 20246,800,000
11 Jun 20247,500,000
1 2-bed sale 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
A5011-bedAED 2.15M · Jun 2015
A5022-bedAED 4.58M · Jun 2015
A5033-bedAED 3.29M · Jul 2018
A5041-bedAED 3.73M · Mar 2025
A5051-bedAED 1.8M · Apr 2021
A5062-bedAED 5.9M · Jun 2024
A5072-bedAED 5.15M · Jun 2026
1–7 of 13

A512, Serenia Residences North (A) in numbers

  • Sold once: by Palma Homes Real Estate Development on 14 July 2015 for AED 4,491,000, or AED 2,798 per sqft.
  • Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 240,000 to AED 200,000 in 2021 and recovered to AED 239,335 by November 2026.
  • At AED 239,335 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 45,900 a year (AED 28.61 per sqft).
  • Two-beds in Serenia Residences North (A) sold for AED 5,150,000–5,150,000 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 12 November 2026.

Questions about A512, Serenia Residences North (A)

What did unit A512 last sell for?

AED 4,491,000 on 14 July 2015, sold by the developer: AED 2,798 per sqft for 1,605 sqft. It is the only registered sale of the unit.

What is the rent for unit A512?

AED 239,335 a year on the contract signed on 12 November 2026. The previous contract, from December 2024, was AED 320,000; the unit has been rented since April 2018.

How big is unit A512?

1,605 sqft (149.1 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit A512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Serenia Residences North (A) sold for AED 5,150,000 to 5,150,000 in the last 12 months, around AED 3,859 per sqft.

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Mortgage on A512, Serenia Residences North (A)

Starts from the last sale price (AED 4.49M, 14 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 4,491,000
Deposit, UAE resident (20%)
AED 898,200
Deposit, non-resident (40%)
AED 1,796,400
Monthly over 25 years at 3.7%
AED 18,374

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