3-bed · 2,820 sqftSerenia Residences West (C), Palm Jumeirah · Ground floor · completed 2017

CG01, Serenia Residences West (C)

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit CG01 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 7.33M20 October 2015
Current rentAED 25K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for CG01, Serenia Residences West (C)

What is CG01 worth today?

Last sold for AED 7,334,000 in 2015

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1 Apr 2025RentedNew contract · flagged as an outlier
AED 25,000/yr24 months · AED 5 per sqft
1 Apr 2025RentedNew contract · flagged as an outlier
AED 25,000/yr24 months · AED 5 per sqft
1 Jul 2023RentedNew contract
AED 500,000/yr12 months · AED 96 per sqft
1 Jun 2021RentedNew contract
AED 385,000/yr12 months · AED 74 per sqft
10 May 2020RentedNew contract
AED 275,000/yr12 months · AED 53 per sqft
25 Aug 2018RentedNew contract
AED 335,000/yr12 months · AED 64 per sqft
20 Oct 2015Sold by developerOff-plan
AED 7,334,000AED 2,600 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
3-bed apartment
Size
2,820 sqft
Floor
Ground of 9
Parking
B-07 , B-08
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 80,700 /yr
Last sold
AED 7.33M · October 2015

About CG01, Serenia Residences West (C)

CG01 is a three-bedroom apartment of 2,820 sqft on the ground 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 20 October 2015 for AED 7,334,000, or AED 2,600 per sqft, 10% above the AED 2,365 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 April 2025, is AED 25,000 a year: a gross yield of 0.3% on the 2015 price, before the service charge of about AED 80,700 a year.

Sales and rents for CG01 over time

Sales
Unit CG01, 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, October 2015: AED 7,334,000 (AED 2,600 per sqft)

CG01 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit CG01, 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, August 2018: AED 335,000 a yearNew contract, May 2020: AED 275,000 a yearNew contract, June 2021: AED 385,000 a yearNew contract, July 2023: AED 500,000 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 CG01 sits

All 18 3-beds →

CG01 last sold in October 2015 at AED 2,600 per sqft, 10% above what three-beds in Serenia Residences West (C) were fetching at the time (AED 2,365). 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 →

Other units on the ground floor

All 76 units in Serenia Residences West (C)
Value
CG023-bedAED 8M · May 2024
CG051-bedAED 2.2M · Oct 2021

CG01, Serenia Residences West (C) in numbers

  • Sold once: by Palma Homes Real Estate Development on 20 October 2015 for AED 7,334,000, or AED 2,600 per sqft.
  • Rented since August 2018 on 6 Ejari contracts, from AED 335,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 0.3%, before a service charge of about AED 80,700 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 1 April 2025.

Questions about CG01, Serenia Residences West (C)

What did unit CG01 last sell for?

AED 7,334,000 on 20 October 2015, sold by the developer: AED 2,600 per sqft for 2,820 sqft. It is the only registered sale of the unit.

What is the rent for unit CG01?

AED 25,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 25,000; the unit has been rented since August 2018.

How big is unit CG01?

2,820 sqft (262.0 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit CG01 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 CG01, Serenia Residences West (C)

Starts from the last sale price (AED 7.33M, 20 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 7,334,000
Deposit, UAE resident (20%)
AED 1,466,800
Deposit, non-resident (40%)
AED 2,933,600
Monthly over 25 years at 3.7%
AED 30,006

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