2-bed · 1,704 sqftSerenia Residences West (C), Palm Jumeirah · 1st floor · completed 2017

C103, Serenia Residences West (C)

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C103 · DLD and Ejari recordsUpdated 28 March 2023
Last soldAED 3.85M28 March 2023
Current rentAED 160K /yr28 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C103, Serenia Residences West (C)

What is C103 worth today?

Last sold for AED 3,850,000 in 2023

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28 Mar 2023SoldReady
AED 3,850,000AED 2,259 per sqft
28 Mar 2023RentedNew contract
AED 160,000/yr6 months · AED 94 per sqft
28 Mar 2022RentedNew contract
AED 160,000/yr12 months · AED 94 per sqft
14 Jan 2021RentedRenewal
AED 145,000/yr12 months · AED 85 per sqft
14 Jan 2020RentedRenewal
AED 150,000/yr12 months · AED 88 per sqft
14 Jan 2019RentedNew contract
AED 180,000/yr12 months · AED 106 per sqft
5 Apr 2016Sold by developerOff-plan
AED 3,027,000AED 1,776 per sqft

Source: Dubai Land Department. Updated 28 March 2023.

Key facts

Type
2-bed apartment
Size
1,704 sqft
Floor
1st of 9
Parking
B-289 , B-290
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 48,800 /yr
Last sold
AED 3.85M · March 2023

About C103, Serenia Residences West (C)

C103 is a two-bedroom apartment of 1,704 sqft on the 1st floor of Serenia Residences West (C), a 9-storey tower in Palm Jumeirah completed in 2017 by Palma Homes Real Estate Development . It last sold on 28 March 2023 for AED 3,850,000, or AED 2,259 per sqft, 7% below the AED 2,421 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 28 March 2023, is AED 160,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 48,800 a year.

Sales and rents for C103 over time

Sales
Unit C103, each saleTypical two-bed in Serenia Residences West (C)
3M4M2015201820212024Typical sale price by year: 2015 AED 3,952,000; 2016 AED 3,020,500; 2019 AED 3,575,000; 2020 AED 3,946,000; 2021 AED 3,400,000; 2022 AED 4,175,000; 2023 AED 3,950,000; 2025 AED 4,150,000Sold by developer, April 2016: AED 3,027,000 (AED 1,776 per sqft)Sold, March 2023: AED 3,850,000 (AED 2,259 per sqft)

C103 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C103, each contractTypical two-bed in Serenia Residences West (C)
200K300K2018202120242027Typical rent by year: 2018 AED 192,500; 2019 AED 177,500; 2020 AED 160,000; 2021 AED 166,649; 2022 AED 180,000; 2023 AED 178,000; 2024 AED 210,000; 2025 AED 285,000; 2026 AED 260,000New contract, January 2019: AED 180,000 a yearRenewal, January 2020: AED 150,000 a yearRenewal, January 2021: AED 145,000 a yearNew contract, March 2022: AED 160,000 a yearNew contract, March 2023: AED 160,000 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 West (C), and where C103 sits

All 29 2-beds →

C103 last sold in March 2023 at AED 2,259 per sqft, 7% below what two-beds in Serenia Residences West (C) were fetching at the time (AED 2,421). Over the last 12 months two-beds sold for AED 6,270,000 to 6,500,000, around AED 3,703 per sqft, and rent for AED 217,000 to 500,000 a year. C103's AED 160,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Jan 20266,270,000
8 Dec 20256,500,000
4 Sep 20254,150,000
13 Aug 20254,150,000
2 2-bed sales in the last 12 months

Serenia Residences West (C)

Building

76 apartments, 1-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2017 by Palma Homes Real Estate Development . 4 sold in the last 12 months.

Typical price per sqft
AED 3,703
Typical sale
AED 8.4M
Typical rent
AED 230K /yr
Typical yield
4.2%
Serenia Residences West (C), Palm Jumeirah: prices, sales and rents →
Value
C1013-bedAED 10.3M · Feb 2026
C1023-bedAED 11.2M · May 2023
C1042-bedAED 2.91M · Apr 2016
C1051-bedAED 1.64M · Apr 2016
C1062-bedAED 2.85M · Mar 2021
C1072-bedAED 3.26M · Apr 2016

C103, Serenia Residences West (C) in numbers

  • Sold twice: first on 5 April 2016 for AED 3,027,000, last on 28 March 2023 for AED 3,850,000 (AED 2,259 per sqft).
  • Rented since January 2019 on 5 Ejari contracts. The rent fell from AED 180,000 to AED 145,000 in 2021 and recovered to AED 160,000 by March 2023.
  • At AED 160,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 48,800 a year (AED 28.61 per sqft).
  • Two-beds in Serenia Residences West (C) sold for AED 6,270,000–6,500,000 in the 12 months to November 2026; the building's median across all types is AED 3,703 per sqft.

Source: Dubai Land Department. Updated 28 March 2023.

Questions about C103, Serenia Residences West (C)

What did unit C103 last sell for?

AED 3,850,000 on 28 March 2023: AED 2,259 per sqft for 1,704 sqft. The unit has 2 registered sales; the first was AED 3,027,000 in April 2016.

What is the rent for unit C103?

AED 160,000 a year on the contract signed on 28 March 2023. The previous contract, from March 2022, was AED 160,000; the unit has been rented since January 2019.

How big is unit C103?

1,704 sqft (158.3 sqm): a two-bedroom apartment on the 1st floor of a 9-storey tower completed in 2017.

What is unit C103 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 West (C) sold for AED 6,270,000 to 6,500,000 in the last 12 months, around AED 3,703 per sqft.

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Mortgage on C103, Serenia Residences West (C)

Starts from the last sale price (AED 3.85M, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,850,000
Deposit, UAE resident (20%)
AED 770,000
Deposit, non-resident (40%)
AED 1,540,000
Monthly over 25 years at 3.7%
AED 15,752

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