A704, Serenia Residences North (A)
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for A704, Serenia Residences North (A)
What is A704 worth today?
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Source: Dubai Land Department. Updated 18 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,040 sqft
- Floor
- 7th of 9
- Parking
- B-104
- Developer
- Palma Homes Real Estate Development
- Completed
- 2017
- Service charge
- AED 29,800 /yr
- Last sold
- AED 2.8M · August 2023
- Building
- Serenia Residences North (A)
About A704, Serenia Residences North (A)
A704 is a one-bedroom apartment of 1,040 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 . It last sold on 18 August 2023 for AED 2,800,000, or AED 2,691 per sqft, in line with the AED 2,691 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 15 August 2022, is AED 165,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 29,800 a year.
Sales and rents for A704 over time
A704 has sold twice; the dashed line is the one-bed median of each year in the building.
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 A704 sits
All 54 1-beds →A704 last sold in August 2023 at AED 2,691 per sqft, in line with what one-beds in Serenia Residences North (A) were fetching at the time (AED 2,691). 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. A704's AED 165,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 1,202 sqft | 3,400,000 | 2,829 | ||
| 11 Feb 202611 February 2026 | 1,727 sqft | 3,783,007 | 2,190 | ||
| 24 Dec 202524 December 2025 | 935 sqft | 3,400,000 | 3,637 | ||
| 19 Nov 202519 November 2025 | 900 sqft | 2,400,000 | 2,667 |
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 | |
| A702 | 2-bed | 1,621 sqft | AED 4.5MAED 4,500,000 · Jul 2021July 2021 | 300,000 /yr | |
| A703 | 3-bed | 2,630 sqft | AED 7.69MAED 7,685,580 · Oct 2019October 2019 | ||
| 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 |
A704, Serenia Residences North (A) in numbers
- Sold twice: first on 29 August 2017 for AED 2,633,000, last on 18 August 2023 for AED 2,800,000 (AED 2,691 per sqft).
- Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 125,000 in 2021 and recovered to AED 165,000 by August 2022.
- At AED 165,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 29,800 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 18 August 2023.
Questions about A704, Serenia Residences North (A)
What did unit A704 last sell for?
AED 2,800,000 on 18 August 2023: AED 2,691 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 2,633,000 in August 2017.
What is the rent for unit A704?
AED 165,000 a year on the contract signed on 15 August 2022. The previous contract, from August 2021, was AED 125,000; the unit has been rented since February 2019.
How big is unit A704?
1,040 sqft (96.6 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.
What is unit A704 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 A704, Serenia Residences North (A)
Starts from the last sale price (AED 2.8M, 18 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →