1-bed · 1,819 sqftSerenia Residences West (C), Palm Jumeirah · Ground floor · completed 2017

CG05, Serenia Residences West (C)

Sold prices and rental history: sold once, by the developer in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit CG05 · DLD and Ejari recordsUpdated 4 October 2021
Last soldAED 2.2M4 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for CG05, Serenia Residences West (C)

What is CG05 worth today?

Last sold for AED 2,200,000 in 2021

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4 Oct 2021Sold by developerReady
AED 2,200,000AED 1,209 per sqft

Source: Dubai Land Department. Updated 4 October 2021.

Key facts

Type
1-bed apartment
Size
1,819 sqft
Floor
Ground of 9
Parking
B-20
Developer
Palma Homes Real Estate Development
Completed
2017
Service charge
AED 52,000 /yr
Last sold
AED 2.2M · October 2021

About CG05, Serenia Residences West (C)

CG05 is a one-bedroom apartment of 1,819 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 4 October 2021 for AED 2,200,000, or AED 1,209 per sqft, 38% below the AED 1,938 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for CG05 over time

Sales
Unit CG05, each saleTypical one-bed in Serenia Residences West (C)
2M2.5M3M2015201820212024Typical sale price by year: 2015 AED 2,159,500; 2021 AED 2,200,000; 2022 AED 2,650,000; 2023 AED 3,000,000; 2025 AED 3,100,000Sold by developer, October 2021: AED 2,200,000 (AED 1,209 per sqft)

CG05 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit CG05, each contractTypical one-bed in Serenia Residences West (C)
100K150K2018202120242027Typical rent by year: 2018 AED 120,000; 2019 AED 115,001; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 115,000; 2023 AED 177,000; 2024 AED 152,500; 2025 AED 170,000; 2026 AED 155,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Serenia Residences West (C), and where CG05 sits

All 23 1-beds →

CG05 last sold in October 2021 at AED 1,209 per sqft, 38% below what one-beds in Serenia Residences West (C) were fetching at the time (AED 1,938).

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20253,000,000
8 Jul 20253,100,000
12 Jun 20253,950,000
7 Mar 20242,550,000
0 1-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
CG013-bedAED 7.33M · Oct 2015
CG023-bedAED 8M · May 2024

CG05, Serenia Residences West (C) in numbers

  • Sold once: by Palma Homes Real Estate Development on 4 October 2021 for AED 2,200,000, or AED 1,209 per sqft.

Source: Dubai Land Department. Updated 4 October 2021.

Questions about CG05, Serenia Residences West (C)

What did unit CG05 last sell for?

AED 2,200,000 on 4 October 2021, sold by the developer: AED 1,209 per sqft for 1,819 sqft. It is the only registered sale of the unit.

How big is unit CG05?

1,819 sqft (169.0 sqm): a one-bedroom apartment on the ground floor of a 9-storey tower completed in 2017.

What is unit CG05 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on CG05, Serenia Residences West (C)

Starts from the last sale price (AED 2.2M, 4 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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