A702, Serenia Residences North (A)
Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A702, Serenia Residences North (A)
What is A702 worth today?
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Source: Dubai Land Department. Updated 12 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,621 sqft
- Floor
- 7th of 9
- Parking
- B-124 , B-125
- Developer
- Palma Homes Real Estate Development
- Completed
- 2017
- Service charge
- AED 46,400 /yr
- Last sold
- AED 4.5M · July 2021
- Building
- Serenia Residences North (A)
About A702, Serenia Residences North (A)
A702 is a two-bedroom apartment of 1,621 sqft on the 7th 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 28 July 2021 for AED 4,500,000, or AED 2,775 per sqft, in line with the AED 2,699 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 12 April 2025, is AED 300,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 46,400 a year.
Sales and rents for A702 over time
A702 has sold once; the dashed line is the two-bed median of each year in the building.
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 A702 sits
All 45 2-beds →A702 last sold in July 2021 at AED 2,775 per sqft, in line with what two-beds in Serenia Residences North (A) were fetching at the time (AED 2,699). 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. A702's AED 300,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202625 June 2026 | 1,334 sqft | 5,150,000 | 3,859 | ||
| 30 Jan 202530 January 2025 | 1,478 sqft | 5,450,000 | 3,687 | ||
| 16 Dec 202416 December 2024 | 1,478 sqft | 6,800,000 | 4,600 | ||
| 11 Jun 202411 June 2024 | 1,621 sqft | 7,500,000 | 4,626 |
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 7th floor
All 108 units in Serenia Residences North (A)| ValueToday's value | |||||
|---|---|---|---|---|---|
| A701 | 1-bed | 935 sqft | AED 2.4MAED 2,400,000 · May 2018May 2018 | 160,000 /yr | |
| A703 | 3-bed | 2,630 sqft | AED 7.69MAED 7,685,580 · Oct 2019October 2019 | ||
| A704 | 1-bed | 1,040 sqft | AED 2.8MAED 2,800,000 · Aug 2023August 2023 | 165,000 /yr | |
| A705 | 1-bed | 1,071 sqft | AED 3.9MAED 3,900,000 · Apr 2024April 2024 | 180,000 /yr | |
| A706 | 2-bed | 1,478 sqft | AED 4.2MAED 4,200,000 · Jun 2021June 2021 | 320,000 /yr | |
| A707 | 2-bed | 1,334 sqft | AED 3.5MAED 3,500,000 · Jan 2020January 2020 | 240,000 /yr | |
| A708 | 1-bed | 1,063 sqft | AED 3.15MAED 3,150,000 · Oct 2022October 2022 | ||
| A709 | 1-bed | 900 sqft | AED 1.85MAED 1,850,000 · Jun 2021June 2021 | 145,000 /yr | |
| A710 | 1-bed | 949 sqft | AED 3.2MAED 3,200,000 · May 2023May 2023 | 130,000 /yr | |
| A711 | 1-bed | 1,202 sqft | AED 2.75MAED 2,750,000 · May 2021May 2021 | 200,000 /yr | |
| A712 | 2-bed | 1,605 sqft | AED 4.5MAED 4,500,000 · Jul 2021July 2021 | ||
| A713 | 2-bed | 1,507 sqft | AED 5.3MAED 5,300,000 · Jun 2022June 2022 | 255,000 /yr | |
| A714 | 2-bed | 1,526 sqft | AED 4.6MAED 4,600,000 · Oct 2021October 2021 |
A702, Serenia Residences North (A) in numbers
- Sold once: by Palma Homes Real Estate Development on 28 July 2021 for AED 4,500,000, or AED 2,775 per sqft.
- Rented since August 2021 on 4 Ejari contracts, from AED 230,000 to AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 46,400 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 April 2025.
Questions about A702, Serenia Residences North (A)
What did unit A702 last sell for?
AED 4,500,000 on 28 July 2021, sold by the developer: AED 2,775 per sqft for 1,621 sqft. It is the only registered sale of the unit.
What is the rent for unit A702?
AED 300,000 a year on the contract signed on 12 April 2025. The previous contract, from April 2025, was AED 300,000; the unit has been rented since August 2021.
How big is unit A702?
1,621 sqft (150.6 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit A702 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 A702, Serenia Residences North (A)
Starts from the last sale price (AED 4.5M, 28 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →