3-bed · 2,630 sqftSerenia Residences North (A), Palm Jumeirah · 6th floor · completed 2017

A603, Serenia Residences North (A)

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

Unit A603 · DLD and Ejari recordsUpdated 20 April 2022
Last soldAED 9.4M20 April 2022
Current rentAED 330K /yr15 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A603, Serenia Residences North (A)

What is A603 worth today?

Last sold for AED 9,400,000 in 2022

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20 Apr 2022SoldReady
AED 9,400,000AED 3,574 per sqft
15 Oct 2020RentedNew contract
AED 330,000/yr12 months · AED 126 per sqft
11 Dec 2019RentedRenewal
AED 313,500/yr16 months · AED 119 per sqft
11 Dec 2018RentedNew contract
AED 330,000/yr12 months · AED 126 per sqft
17 Jul 2018Sold by developerReady
AED 3,550,050AED 1,349 per sqft

Source: Dubai Land Department. Updated 20 April 2022.

Key facts

Type
3-bed apartment
Size
2,630 sqft
Floor
6th of 9
Parking
B-409 , B-410
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 75,200 /yr
Last sold
AED 9.4M · April 2022

About A603, Serenia Residences North (A)

A603 is a three-bedroom apartment of 2,630 sqft on the 6th 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 20 April 2022 for AED 9,400,000, or AED 3,574 per sqft, 11% above the AED 3,207 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 October 2020, is AED 330,000 a year: a gross yield of 3.5% on the 2022 price, before the service charge of about AED 75,200 a year.

Sales and rents for A603 over time

Sales
Unit A603, each saleTypical three-bed in Serenia Residences North (A)
5M10M2015201720192021Typical sale price by year: 2015 AED 6,179,000; 2021 AED 8,200,000Sold by developer, July 2018: AED 3,550,050 (AED 1,349 per sqft)Sold, April 2022: AED 9,400,000 (AED 3,574 per sqft)

A603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit A603, each contractTypical three-bed in Serenia Residences North (A)
300K400K20182020202220242026Typical rent by year: 2018 AED 330,000; 2020 AED 305,000; 2022 AED 291,500; 2023 AED 405,000; 2024 AED 440,000; 2025 AED 430,000New contract, December 2018: AED 330,000 a yearRenewal, December 2019: AED 313,500 a yearNew contract, October 2020: AED 330,000 a year

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 A603 sits

All 8 3-beds →

A603 last sold in April 2022 at AED 3,574 per sqft, 11% above what three-beds in Serenia Residences North (A) were fetching at the time (AED 3,207).

Recent 3-bed salesUnit no.Price (AED)Summary
5 Aug 20228,600,000
28 Nov 20218,200,000
20 Oct 20218,200,000
31 Mar 20218,500,000
0 3-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
A6011-bedAED 3.4M · Dec 2025
A6022-bedAED 7.5M · Jun 2024
A6041-bedAED 2.79M · Apr 2022
A6051-bedAED 1.85M · Dec 2020
A6062-bedAED 6M · May 2024
A6072-bedAED 4.03M · Sep 2015
A6081-bedAED 1.85M · Sep 2020
1–7 of 13

A603, Serenia Residences North (A) in numbers

  • Sold twice: first on 17 July 2018 for AED 3,550,050, last on 20 April 2022 for AED 9,400,000 (AED 3,574 per sqft).
  • Rented since December 2018 on 3 Ejari contracts, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2022 price is 3.5%, before a service charge of about AED 75,200 a year (AED 28.61 per sqft).

Source: Dubai Land Department. Updated 20 April 2022.

Questions about A603, Serenia Residences North (A)

What did unit A603 last sell for?

AED 9,400,000 on 20 April 2022: AED 3,574 per sqft for 2,630 sqft. The unit has 2 registered sales; the first was AED 3,550,050 in July 2018.

What is the rent for unit A603?

AED 330,000 a year on the contract signed on 15 October 2020. The previous contract, from December 2019, was AED 313,500; the unit has been rented since December 2018.

How big is unit A603?

2,630 sqft (244.3 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit A603 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 A603, Serenia Residences North (A)

Starts from the last sale price (AED 9.4M, 20 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,400,000
Deposit, UAE resident (20%)
AED 1,880,000
Deposit, non-resident (40%)
AED 3,760,000
Monthly over 25 years at 3.7%
AED 38,458

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