C506, Serenia Residences West (C)
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for C506, Serenia Residences West (C)
What is C506 worth today?
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Source: Dubai Land Department. Updated 15 December 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,724 sqft
- Floor
- 5th of 9
- Parking
- B-263 , B-264
- Developer
- Palma Homes Real Estate Development
- Completed
- 2017
- Service charge
- AED 49,300 /yr
- Last sold
- AED 2.95M · April 2016
- Building
- Serenia Residences West (C)
About C506, Serenia Residences West (C)
C506 is a two-bedroom apartment of 1,724 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 . The developer sold it on 5 April 2016 for AED 2,945,000, or AED 1,708 per sqft, 7% below the AED 1,845 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 December 2022, is AED 165,000 a year: a gross yield of 5.6% on the 2016 price, before the service charge of about AED 49,300 a year.
Sales and rents for C506 over time
C506 has sold once; the dashed line is the two-bed median of each year in the building.
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 C506 sits
All 29 2-beds →C506 last sold in April 2016 at AED 1,708 per sqft, 7% below what two-beds in Serenia Residences West (C) were fetching at the time (AED 1,845). 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. C506's AED 165,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jan 20267 January 2026 | 1,724 sqft | 6,270,000 | 3,636 | ||
| 8 Dec 20258 December 2025 | 1,724 sqft | 6,500,000 | 3,770 | ||
| 4 Sep 20254 September 2025 | 1,724 sqft | 4,150,000 | 2,407 | ||
| 13 Aug 202513 August 2025 | 1,704 sqft | 4,150,000 | 2,435 |
Serenia Residences West (C)
Building76 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%
Other units on the 5th floor
All 76 units in Serenia Residences West (C)| ValueToday's value | |||||
|---|---|---|---|---|---|
| C501 | 3-bed | 2,943 sqft | AED 7.58MAED 7,575,000 · Jun 2021June 2021 | 740,000 /yr | |
| C502 | 3-bed | 2,886 sqft | AED 8.5MAED 8,500,000 · Jan 2022January 2022 | ||
| C503 | 4-bed | 3,337 sqft | AED 10MAED 10,000,000 · Apr 2023April 2023 | ||
| C505 | 1-bed | 1,004 sqft | AED 3.1MAED 3,100,000 · Jul 2025July 2025 | 169,097 /yr | |
| C507 | 1-bed | 1,034 sqft | AED 2.7MAED 2,700,000 · Dec 2022December 2022 | 155,000 /yr | |
| C508 | 1-bed | 1,109 sqft | AED 2.52MAED 2,519,000 · Jul 2015July 2015 | 185,000 /yr | |
| C509 | 2-bed | 1,833 sqft | AED 4.7MAED 4,700,000 · Feb 2022February 2022 | 320,000 /yr | |
| C510 | 2-bed | 1,708 sqft | AED 3.78MAED 3,780,000 · Apr 2018April 2018 |
C506, Serenia Residences West (C) in numbers
- Sold once: by Palma Homes Real Estate Development on 5 April 2016 for AED 2,945,000, or AED 1,708 per sqft.
- Rented since December 2018 on 5 Ejari contracts, from AED 185,000 to AED 165,000 a year.
- At AED 165,000 a year the gross yield on the 2016 price is 5.6%, before a service charge of about AED 49,300 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 15 December 2022.
Questions about C506, Serenia Residences West (C)
What did unit C506 last sell for?
AED 2,945,000 on 5 April 2016, sold by the developer: AED 1,708 per sqft for 1,724 sqft. It is the only registered sale of the unit.
What is the rent for unit C506?
AED 165,000 a year on the contract renewed on 15 December 2022. The previous contract, from December 2021, was AED 165,000; the unit has been rented since December 2018.
How big is unit C506?
1,724 sqft (160.2 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2017.
What is unit C506 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.
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Mortgage on C506, Serenia Residences West (C)
Starts from the last sale price (AED 2.95M, 5 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,945,000
- Deposit, UAE resident (20%)
- AED 589,000
- Deposit, non-resident (40%)
- AED 1,178,000
- Monthly over 25 years at 3.7%
- AED 12,049
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →