1-bed · 1,109 sqftSerenia Residences West (C), Palm Jumeirah · 4th floor · completed 2017

C408, Serenia Residences West (C)

Sold prices and rental history: sold 3 times, last in December 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C408 · DLD and Ejari recordsUpdated 5 December 2021
Last soldAED 2.99M5 December 2021
Current rentAED 105K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C408, Serenia Residences West (C)

What is C408 worth today?

Last sold for AED 2,990,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Dec 2021SoldReady
AED 2,990,000AED 2,695 per sqft
31 Aug 2021SoldReady
AED 2,350,000AED 2,118 per sqft
15 Nov 2020RentedNew contract
AED 105,000/yr12 months · AED 95 per sqft
2 Jul 2020RentedNew contract
AED 115,000/yr12 months · AED 104 per sqft
25 May 2018RentedNew contract
AED 130,000/yr12 months · AED 117 per sqft
8 Jul 2015Sold by developerOff-plan
AED 2,434,000AED 2,194 per sqft

Source: Dubai Land Department. Updated 5 December 2021.

Key facts

Type
1-bed apartment
Size
1,109 sqft
Floor
4th of 9
Parking
B-276
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 31,700 /yr
Last sold
AED 2.99M · December 2021

About C408, Serenia Residences West (C)

C408 is a one-bedroom apartment of 1,109 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 5 December 2021 for AED 2,990,000, or AED 2,695 per sqft, 36% above the AED 1,983 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 15 November 2020, is AED 105,000 a year: a gross yield of 3.5% on the 2021 price, before the service charge of about AED 31,700 a year.

Sales and rents for C408 over time

Sales
Unit C408, 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 2,434,000 (AED 2,194 per sqft)Sold, August 2021: AED 2,350,000 (AED 2,118 per sqft)Sold, December 2021: AED 2,990,000 (AED 2,695 per sqft)

C408 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit C408, 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, May 2018: AED 130,000 a yearNew contract, July 2020: AED 115,000 a yearNew contract, November 2020: AED 105,000 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 C408 sits

All 23 1-beds →

C408 last sold in December 2021 at AED 2,695 per sqft, 36% above what one-beds in Serenia Residences West (C) were fetching at the time (AED 1,983). C408's AED 105,000 is at the bottom 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
C4013-bedAED 6.75M · Feb 2020
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
C4092-bedAED 5.6M · Oct 2024
1–7 of 8

C408, Serenia Residences West (C) in numbers

  • Sold 3 times: first on 8 July 2015 for AED 2,434,000, last on 5 December 2021 for AED 2,990,000 (AED 2,695 per sqft).
  • Rented since May 2018 on 3 Ejari contracts, from AED 130,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 3.5%, before a service charge of about AED 31,700 a year (AED 28.61 per sqft).

Source: Dubai Land Department. Updated 5 December 2021.

Questions about C408, Serenia Residences West (C)

What did unit C408 last sell for?

AED 2,990,000 on 5 December 2021: AED 2,695 per sqft for 1,109 sqft. The unit has 3 registered sales; the first was AED 2,434,000 in July 2015.

What is the rent for unit C408?

AED 105,000 a year on the contract signed on 15 November 2020. The previous contract, from July 2020, was AED 115,000; the unit has been rented since May 2018.

How big is unit C408?

1,109 sqft (103.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit C408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling C408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on C408, Serenia Residences West (C)

Starts from the last sale price (AED 2.99M, 5 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,990,000
Deposit, UAE resident (20%)
AED 598,000
Deposit, non-resident (40%)
AED 1,196,000
Monthly over 25 years at 3.7%
AED 12,233

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