1-bed · 1,034 sqftSerenia Residences West (C), Palm Jumeirah · 3rd floor · completed 2017

C307, Serenia Residences West (C)

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

Unit C307 · DLD and Ejari recordsUpdated 30 June 2018
Last soldAED 2.05M8 July 2015
Current rentAED 120K /yr30 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C307, Serenia Residences West (C)

What is C307 worth today?

Last sold for AED 2,047,000 in 2015

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30 Jun 2018RentedNew contract
AED 120,000/yr12 months · AED 116 per sqft
8 Jul 2015Sold by developerOff-plan
AED 2,047,000AED 1,980 per sqft

Source: Dubai Land Department. Updated 30 June 2018.

Key facts

Type
1-bed apartment
Size
1,034 sqft
Floor
3rd of 9
Parking
B-280
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 29,600 /yr
Last sold
AED 2.05M · July 2015

About C307, Serenia Residences West (C)

C307 is a one-bedroom apartment of 1,034 sqft on the 3rd floor of Serenia Residences West (C), a 9-storey tower in Palm Jumeirah completed in 2017 by Palma Homes Real Estate Development . The developer sold it on 8 July 2015 for AED 2,047,000, or AED 1,980 per sqft, 7% below the AED 2,119 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 June 2018. The current contract, signed on 30 June 2018, is AED 120,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 29,600 a year.

Sales and rents for C307 over time

Sales
Unit C307, each saleTypical one-bed in Serenia Residences West (C)
2M2.5M3M2015201820212024Typical sale price by year: 2015 AED 2,159,500; 2021 AED 2,200,000; 2022 AED 2,650,000; 2023 AED 3,000,000; 2025 AED 3,100,000Sold by developer, July 2015: AED 2,047,000 (AED 1,980 per sqft)

C307 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit C307, each contractTypical one-bed in Serenia Residences West (C)
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 115,001; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 115,000; 2023 AED 177,000; 2024 AED 152,500; 2025 AED 170,000; 2026 AED 155,000New contract, June 2018: AED 120,000 a year

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 West (C), and where C307 sits

All 23 1-beds →

C307 last sold in July 2015 at AED 1,980 per sqft, 7% below what one-beds in Serenia Residences West (C) were fetching at the time (AED 2,119). C307's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20253,000,000
8 Jul 20253,100,000
12 Jun 20253,950,000
7 Mar 20242,550,000
0 1-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
C3013-bedAED 12.25M · Dec 2022
C3023-bedAED 5.55M · Dec 2018
C3034-bedAED 8M · Dec 2021
C3051-bedAED 2.25M · Jul 2023
C3062-bedAED 2.75M · Apr 2016
C3081-bedAED 1.85M · Jan 2019
C3092-bedAED 3.5M · Feb 2024
1–7 of 8

C307, Serenia Residences West (C) in numbers

  • Sold once: by Palma Homes Real Estate Development on 8 July 2015 for AED 2,047,000, or AED 1,980 per sqft.
  • Rented since June 2018 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 29,600 a year (AED 28.61 per sqft).

Source: Dubai Land Department. Updated 30 June 2018.

Questions about C307, Serenia Residences West (C)

What did unit C307 last sell for?

AED 2,047,000 on 8 July 2015, sold by the developer: AED 1,980 per sqft for 1,034 sqft. It is the only registered sale of the unit.

What is the rent for unit C307?

AED 120,000 a year on the contract signed on 30 June 2018.

How big is unit C307?

1,034 sqft (96.1 sqm): a one-bedroom apartment on the 3rd floor of a 9-storey tower completed in 2017.

What is unit C307 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 C307, Serenia Residences West (C)

Starts from the last sale price (AED 2.05M, 8 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,047,000
Deposit, UAE resident (20%)
AED 409,400
Deposit, non-resident (40%)
AED 818,800
Monthly over 25 years at 3.7%
AED 8,375

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