3-bed · 2,886 sqftSerenia Residences West (C), Palm Jumeirah · 5th floor · completed 2017

C502, Serenia Residences West (C)

Sold prices and rental history: sold 3 times, last in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C502 · DLD and Ejari recordsUpdated 17 January 2022
Last soldAED 8.5M17 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C502, Serenia Residences West (C)

What is C502 worth today?

Last sold for AED 8,500,000 in 2022

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17 Jan 2022SoldReady
AED 8,500,000AED 2,945 per sqft
22 Mar 2018SoldReady
AED 7,350,000AED 2,547 per sqft
14 Jul 2015Sold by developerOff-plan
AED 6,949,000AED 2,408 per sqft

Source: Dubai Land Department. Updated 17 January 2022.

Key facts

Type
3-bed apartment
Size
2,886 sqft
Floor
5th of 9
Parking
B-368 , B-369
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 82,600 /yr
Last sold
AED 8.5M · January 2022

About C502, Serenia Residences West (C)

C502 is a three-bedroom apartment of 2,886 sqft on the 5th 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 17 January 2022 for AED 8,500,000, or AED 2,945 per sqft, 14% above the AED 2,574 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for C502 over time

Sales
Unit C502, 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, July 2015: AED 6,949,000 (AED 2,408 per sqft)Sold, March 2018: AED 7,350,000 (AED 2,547 per sqft)Sold, January 2022: AED 8,500,000 (AED 2,945 per sqft)

C502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit C502, 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 600,000

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 C502 sits

All 18 3-beds →

C502 last sold in January 2022 at AED 2,945 per sqft, 14% above what three-beds in Serenia Residences West (C) were fetching at the time (AED 2,574). 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
C5013-bedAED 7.58M · Jun 2021
C5034-bedAED 10M · Apr 2023
C5051-bedAED 3.1M · Jul 2025
C5062-bedAED 2.95M · Apr 2016
C5071-bedAED 2.7M · Dec 2022
C5081-bedAED 2.52M · Jul 2015
C5092-bedAED 4.7M · Feb 2022
1–7 of 8

C502, Serenia Residences West (C) in numbers

  • Sold 3 times: first on 14 July 2015 for AED 6,949,000, last on 17 January 2022 for AED 8,500,000 (AED 2,945 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 17 January 2022.

Questions about C502, Serenia Residences West (C)

What did unit C502 last sell for?

AED 8,500,000 on 17 January 2022: AED 2,945 per sqft for 2,886 sqft. The unit has 3 registered sales; the first was AED 6,949,000 in July 2015.

How big is unit C502?

2,886 sqft (268.1 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.

What is unit C502 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 C502, Serenia Residences West (C)

Starts from the last sale price (AED 8.5M, 17 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,500,000
Deposit, UAE resident (20%)
AED 1,700,000
Deposit, non-resident (40%)
AED 3,400,000
Monthly over 25 years at 3.7%
AED 34,776

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