2-bed · 1,833 sqftSerenia Residences West (C), Palm Jumeirah · 7th floor · completed 2017

C709, Serenia Residences West (C)

Sold prices and rental history: sold twice, last in February 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit C709 · DLD and Ejari recordsUpdated 25 September 2022
Last soldAED 4.15M21 February 2022
Current rentAED 278K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for C709, Serenia Residences West (C)

What is C709 worth today?

Last sold for AED 4,150,000 in 2022

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25 Sep 2022RentedRenewal
AED 278,465/yr5 months · AED 152 per sqft
21 Feb 2022SoldReady
AED 4,150,000AED 2,263 per sqft
25 Sep 2021RentedNew contract
AED 275,000/yr12 months · AED 150 per sqft
26 Mar 2020Sold by developerReady
AED 4,500,000AED 2,454 per sqft

Source: Dubai Land Department. Updated 25 September 2022.

Key facts

Type
2-bed apartment
Size
1,833 sqft
Floor
7th of 9
Parking
B-333 , B-334
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 52,400 /yr
Last sold
AED 4.15M · February 2022

About C709, Serenia Residences West (C)

C709 is a two-bedroom apartment of 1,833 sqft on the 7th 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 4,150,000, or AED 2,263 per sqft, 5% above the AED 2,164 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 25 September 2022, is AED 278,465 a year: a gross yield of 6.7% on the 2022 price, before the service charge of about AED 52,400 a year.

Sales and rents for C709 over time

Sales
Unit C709, each saleTypical two-bed in Serenia Residences West (C)
3M4M2015201820212024Typical 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, March 2020: AED 4,500,000 (AED 2,454 per sqft)Sold, February 2022: AED 4,150,000 (AED 2,263 per sqft)

C709 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit C709, 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, September 2021: AED 275,000 a yearRenewal, September 2022: AED 278,465 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 C709 sits

All 29 2-beds →

C709 last sold in February 2022 at AED 2,263 per sqft, 5% above what two-beds in Serenia Residences West (C) were fetching at the time (AED 2,164). 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. C709's AED 278,465 is in the lower half 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
C7013-bedAED 8.97M · May 2016
C7023-bedAED 10M · Aug 2025
C7034-bedAED 10M · Dec 2021
C7051-bedAED 1.85M · Mar 2021
C7062-bedAED 6.5M · Dec 2025
C7071-bedAED 2.3M · Jul 2021
C7081-bedAED 3.5M · Aug 2023
1–7 of 8

C709, Serenia Residences West (C) in numbers

  • Sold twice: first on 26 March 2020 for AED 4,500,000, last on 21 February 2022 for AED 4,150,000 (AED 2,263 per sqft).
  • Rented since September 2021 on 2 Ejari contracts, from AED 275,000 to AED 278,465 a year.
  • At AED 278,465 a year the gross yield on the 2022 price is 6.7%, 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 25 September 2022.

Questions about C709, Serenia Residences West (C)

What did unit C709 last sell for?

AED 4,150,000 on 21 February 2022: AED 2,263 per sqft for 1,833 sqft. The unit has 2 registered sales; the first was AED 4,500,000 in March 2020.

What is the rent for unit C709?

AED 278,465 a year on the contract renewed on 25 September 2022. The previous contract, from September 2021, was AED 275,000.

How big is unit C709?

1,833 sqft (170.3 sqm): a two-bedroom apartment on the 7th floor of a 9-storey tower completed in 2017.

What is unit C709 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 C709, Serenia Residences West (C)

Starts from the last sale price (AED 4.15M, 21 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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