2-bed · 1,833 sqftSerenia Residences West (C), Palm Jumeirah · 4th floor · completed 2017

C409, Serenia Residences West (C)

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C409 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 5.6M30 October 2024
Current rentAED 195K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C409, Serenia Residences West (C)

What is C409 worth today?

Last sold for AED 5,600,000 in 2024

Unlock today's estimate, updated daily, with

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

30 Oct 2024SoldReady
AED 5,600,000AED 3,054 per sqft
1 Sep 2022RentedNew contract
AED 195,000/yr12 months · AED 107 per sqft
26 Jul 2021RentedRenewal
AED 160,000/yr12 months · AED 87 per sqft
26 Jun 2020RentedNew contract
AED 170,000/yr13 months · AED 93 per sqft
1 Dec 2018RentedNew contract
AED 190,000/yr12 months · AED 104 per sqft
5 Apr 2016Sold by developerOff-plan
AED 3,609,000AED 1,968 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
2-bed apartment
Size
1,833 sqft
Floor
4th of 9
Parking
B-298 , B-299
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 52,400 /yr
Last sold
AED 5.6M · October 2024

About C409, Serenia Residences West (C)

C409 is a two-bedroom apartment of 1,833 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 30 October 2024 for AED 5,600,000, or AED 3,054 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 September 2022, is AED 195,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 52,400 a year.

Sales and rents for C409 over time

Sales
Unit C409, each saleTypical two-bed in Serenia Residences West (C)
4M6M2015201820212024Typical 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 3,609,000 (AED 1,968 per sqft)Sold, October 2024: AED 5,600,000 (AED 3,054 per sqft)

C409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C409, 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, December 2018: AED 190,000 a yearNew contract, June 2020: AED 170,000 a yearRenewal, July 2021: AED 160,000 a yearNew contract, September 2022: AED 195,000 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 C409 sits

All 29 2-beds →

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. C409's AED 195,000 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
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
C4081-bedAED 2.99M · Dec 2021
1–7 of 8

C409, Serenia Residences West (C) in numbers

  • Sold twice: first on 5 April 2016 for AED 3,609,000, last on 30 October 2024 for AED 5,600,000 (AED 3,054 per sqft).
  • Rented since December 2018 on 4 Ejari contracts. The rent fell from AED 190,000 to AED 160,000 in 2021 and recovered to AED 195,000 by September 2022.
  • At AED 195,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 52,400 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 30 October 2024.

Questions about C409, Serenia Residences West (C)

What did unit C409 last sell for?

AED 5,600,000 on 30 October 2024: AED 3,054 per sqft for 1,833 sqft. The unit has 2 registered sales; the first was AED 3,609,000 in April 2016.

What is the rent for unit C409?

AED 195,000 a year on the contract signed on 1 September 2022. The previous contract, from July 2021, was AED 160,000; the unit has been rented since December 2018.

How big is unit C409?

1,833 sqft (170.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2017.

What is unit C409 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.

Selling C409? 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 C409, Serenia Residences West (C)

Starts from the last sale price (AED 5.6M, 30 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,600,000
Deposit, UAE resident (20%)
AED 1,120,000
Deposit, non-resident (40%)
AED 2,240,000
Monthly over 25 years at 3.7%
AED 22,911

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