3-bed · 2,886 sqftSerenia Residences West (C), Palm Jumeirah · 6th floor · completed 2017

C602, Serenia Residences West (C)

Sold prices and rental history: sold twice, last in February 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C602 · DLD and Ejari recordsUpdated 21 February 2022
Last soldAED 8.5M21 February 2022
Current rentAED 340K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C602, Serenia Residences West (C)

What is C602 worth today?

Last sold for AED 8,500,000 in 2022

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21 Feb 2022SoldReady
AED 8,500,000AED 2,945 per sqft
1 Feb 2021RentedRenewal
AED 340,000/yr12 months · AED 118 per sqft
1 Feb 2020RentedNew contract
AED 340,000/yr12 months · AED 118 per sqft
2 Sep 2018RentedNew contract
AED 340,000/yr12 months · AED 118 per sqft
6 Jul 2015Sold by developerOff-plan
AED 7,992,000AED 2,769 per sqft

Source: Dubai Land Department. Updated 21 February 2022.

Key facts

Type
3-bed apartment
Size
2,886 sqft
Floor
6th of 9
Parking
B-353 , B-354
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 82,600 /yr
Last sold
AED 8.5M · February 2022

About C602, Serenia Residences West (C)

C602 is a three-bedroom apartment of 2,886 sqft on the 6th 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 21 February 2022 for AED 8,500,000, or AED 2,945 per sqft, 7% above the AED 2,760 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 February 2021, is AED 340,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 82,600 a year.

Sales and rents for C602 over time

Sales
Unit C602, 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 7,992,000 (AED 2,769 per sqft)Sold, February 2022: AED 8,500,000 (AED 2,945 per sqft)

C602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit C602, 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, September 2018: AED 340,000 a yearNew contract, February 2020: AED 340,000 a yearRenewal, February 2021: 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 C602 sits

All 18 3-beds →

C602 last sold in February 2022 at AED 2,945 per sqft, 7% above what three-beds in Serenia Residences West (C) were fetching at the time (AED 2,760). 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
C6013-bedAED 8.71M · Jun 2015
C6034-bedAED 8.5M · Dec 2021
C6051-bedAED 3M · Dec 2023
C6062-bedAED 6.27M · Jan 2026
C6071-bedAED 3.95M · Jun 2025
C6081-bedAED 2.9M · Oct 2015
C6092-bedAED 4.65M · Feb 2019
1–7 of 8

C602, Serenia Residences West (C) in numbers

  • Sold twice: first on 6 July 2015 for AED 7,992,000, last on 21 February 2022 for AED 8,500,000 (AED 2,945 per sqft).
  • Rented since September 2018 on 3 Ejari contracts, at AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 82,600 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 21 February 2022.

Questions about C602, Serenia Residences West (C)

What did unit C602 last sell for?

AED 8,500,000 on 21 February 2022: AED 2,945 per sqft for 2,886 sqft. The unit has 2 registered sales; the first was AED 7,992,000 in July 2015.

What is the rent for unit C602?

AED 340,000 a year on the contract renewed on 1 February 2021. The previous contract, from February 2020, was AED 340,000; the unit has been rented since September 2018.

How big is unit C602?

2,886 sqft (268.1 sqm): a three-bedroom apartment on the 6th floor of a 9-storey tower completed in 2017.

What is unit C602 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 C602, Serenia Residences West (C)

Starts from the last sale price (AED 8.5M, 21 February 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 →