CG02, Serenia Residences West (C)
Sold prices and rental history: sold 6 times, last in May 2024, 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 CG02, Serenia Residences West (C)
What is CG02 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,790 sqft
- Floor
- Ground of 9
- Parking
- B-09 , B-10
- Developer
- Palma Homes Real Estate Development
- Completed
- 2017
- Service charge
- AED 79,800 /yr
- Last sold
- AED 8M · May 2024
- Building
- Serenia Residences West (C)
About CG02, Serenia Residences West (C)
CG02 is a three-bedroom apartment of 2,790 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 . It last sold on 1 May 2024 for AED 8,000,000, or AED 2,867 per sqft, 15% below the AED 3,375 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 10 September 2021, is AED 250,000 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 79,800 a year.
Sales and rents for CG02 over time
CG02 has sold 6 times; the dashed line is the three-bed median of each year in the building.
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 CG02 sits
All 18 3-beds →CG02 last sold in May 2024 at AED 2,867 per sqft, 15% below what three-beds in Serenia Residences West (C) were fetching at the time (AED 3,375). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Feb 202625 February 2026 | 2,886 sqft | 12,500,000 | 4,331 | ||
| 2 Feb 20262 February 2026 | 3,447 sqft | 10,300,000 | 2,987 | ||
| 8 Aug 20258 August 2025 | 2,886 sqft | 10,000,000 | 3,465 | ||
| 20 Jun 202320 June 2023 | 2,886 sqft | 13,500,000 | 4,678 |
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 ground floor
All 76 units in Serenia Residences West (C)CG02, Serenia Residences West (C) in numbers
- Sold 6 times: first on 27 October 2015 for AED 4,316,000, last on 1 May 2024 for AED 8,000,000 (AED 2,867 per sqft).
- Rented since August 2018 on 4 Ejari contracts. The rent fell from AED 300,000 to AED 210,000 in 2020 and recovered to AED 250,000 by September 2021.
- At AED 250,000 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 79,800 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 May 2024.
Questions about CG02, Serenia Residences West (C)
What did unit CG02 last sell for?
AED 8,000,000 on 1 May 2024: AED 2,867 per sqft for 2,790 sqft. The unit has 6 registered sales; the first was AED 4,316,000 in October 2015.
What is the rent for unit CG02?
AED 250,000 a year on the contract renewed on 10 September 2021. The previous contract, from September 2020, was AED 210,000; the unit has been rented since August 2018.
How big is unit CG02?
2,790 sqft (259.2 sqm): a three-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.
What is unit CG02 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 CG02, Serenia Residences West (C)
Starts from the last sale price (AED 8M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,000
- Deposit, UAE resident (20%)
- AED 1,600,000
- Deposit, non-resident (40%)
- AED 3,200,000
- Monthly over 25 years at 3.7%
- AED 32,730
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →