3-bed · 2,943 sqftSerenia Residences West (C), Palm Jumeirah · 4th floor · completed 2017

C401, Serenia Residences West (C)

Sold prices and rental history: sold twice, last in February 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C401 · DLD and Ejari recordsUpdated 26 February 2020
Last soldAED 6.75M26 February 2020
Current rentAED 340K /yr1 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C401, Serenia Residences West (C)

What is C401 worth today?

Last sold for AED 6,750,000 in 2020

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26 Feb 2020SoldReady
AED 6,750,000AED 2,293 per sqft
1 Apr 2019RentedRenewal
AED 340,000/yr12 months · AED 116 per sqft
1 Apr 2018RentedNew contract
AED 340,000/yr12 months · AED 116 per sqft
28 Oct 2015Sold by developerOff-plan
AED 7,318,000AED 2,486 per sqft

Source: Dubai Land Department. Updated 26 February 2020.

Key facts

Type
3-bed apartment
Size
2,943 sqft
Floor
4th of 9
Parking
B-366 , B-367
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 84,200 /yr
Last sold
AED 6.75M · February 2020

About C401, Serenia Residences West (C)

C401 is a three-bedroom apartment of 2,943 sqft on the 4th 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 26 February 2020 for AED 6,750,000, or AED 2,293 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 1 April 2019, is AED 340,000 a year: a gross yield of 5.0% on the 2020 price, before the service charge of about AED 84,200 a year.

Sales and rents for C401 over time

Sales
Unit C401, each saleTypical three-bed in Serenia Residences West (C)
6M8M10M2015201820212024Typical sale price by year: 2015 AED 6,890,000; 2017 AED 7,450,000; 2018 AED 5,525,000; 2020 AED 6,200,000; 2022 AED 8,500,000; 2023 AED 9,600,000Sold by developer, October 2015: AED 7,318,000 (AED 2,486 per sqft)Sold, February 2020: AED 6,750,000 (AED 2,293 per sqft)

C401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit C401, each contractTypical three-bed in Serenia Residences West (C)
400K600K2018202020222024Typical rent by year: 2018 AED 340,000; 2019 AED 345,000; 2020 AED 317,500; 2021 AED 340,000; 2024 AED 600,000New contract, April 2018: AED 340,000 a yearRenewal, April 2019: AED 340,000 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 West (C), and where C401 sits

All 18 3-beds →

Over the last 12 months three-beds sold for AED 10,300,000 to 12,500,000, around AED 3,659 per sqft, and rent for AED 600,000 to 740,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Feb 202612,500,000
2 Feb 202610,300,000
8 Aug 202510,000,000
1 May 20248,000,000
2 3-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
C4023-bedAED 13.5M · Jun 2023
C4034-bedAED 8.5M · Dec 2021
C4051-bedAED 2.55M · Mar 2024
C4062-bedAED 2.85M · Apr 2016
C4071-bedAED 3M · Nov 2025
C4081-bedAED 2.99M · Dec 2021
C4092-bedAED 5.6M · Oct 2024
1–7 of 8

C401, Serenia Residences West (C) in numbers

  • Sold twice: first on 28 October 2015 for AED 7,318,000, last on 26 February 2020 for AED 6,750,000 (AED 2,293 per sqft).
  • Rented since April 2018 on 2 Ejari contracts, at AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2020 price is 5.0%, before a service charge of about AED 84,200 a year (AED 28.61 per sqft).
  • Three-beds in Serenia Residences West (C) sold for AED 10,300,000–12,500,000 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 26 February 2020.

Questions about C401, Serenia Residences West (C)

What did unit C401 last sell for?

AED 6,750,000 on 26 February 2020: AED 2,293 per sqft for 2,943 sqft. The unit has 2 registered sales; the first was AED 7,318,000 in October 2015.

What is the rent for unit C401?

AED 340,000 a year on the contract renewed on 1 April 2019. The previous contract, from April 2018, was AED 340,000.

How big is unit C401?

2,943 sqft (273.4 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit C401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Serenia Residences West (C) sold for AED 10,300,000 to 12,500,000 in the last 12 months, around AED 3,659 per sqft.

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Mortgage on C401, Serenia Residences West (C)

Starts from the last sale price (AED 6.75M, 26 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 6,750,000
Deposit, UAE resident (20%)
AED 1,350,000
Deposit, non-resident (40%)
AED 2,700,000
Monthly over 25 years at 3.7%
AED 27,616

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