PropertyIndex

Serenity Lakes 5

Completed · Q3 2022|226 units · 2 buildings

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Serenity Lakes 5 is a completed apartment development by GULF LAND PROPERTY DEVELOPERS L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 226 registered units. 185 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,361 per sqft. At AED 1,361 per sqft, Serenity Lakes 5 prices 6% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 26.6% YoY
811KAED
Typical
1,361AED
PSF
Gross yield
8.5%
PIX© rent ÷ PIX© price
Sale records
185
DLD · all time
Rent contracts
61
Ejari · all time
Serenity Lakes 5

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
314 – 1,074 sqft
226811K1,36126.6%69K8.5%
Studio · Apartment
380 – 835 sqft
116
1 Bed · Apartment
314 – 970 sqft
107
2 Bed · Apartment
987 – 1,074 sqft
3
Sales — Project-Wide185 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
5 Aug 2026Floor 3382600,0001,570+66.7%StandardStandard Sale
8 Jul 2026Floor G403430,0001,067-17.7%StandardStandard Sale
4 Mar 2026Floor 3381565,0001,482+10.8%StandardStandard Sale
Rentals — Project-Wide61 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 2026StudioFloor 249142,00085Entry Levelnew
10 Aug 2026StudioFloor 138360,000157+4.4%Premiumnew
5 Aug 20262 BedFloor 298768,000-24.4%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Serenity Lakes 5

Answered from Dubai Land Department registered transactions.

How much does a property in Serenity Lakes 5 cost?

Property in Serenity Lakes 5 sells at a current PIX© price of AED 1,361 per sqft, or about AED 810,757 for a typical unit, based on 185 sales registered with the Dubai Land Department.

Is Serenity Lakes 5 completed?

Yes. Serenity Lakes 5 is recorded as completed in the Dubai Land Department project register (completed q3 2022).

Who is the developer of Serenity Lakes 5?

Serenity Lakes 5 is developed by GULF LAND PROPERTY DEVELOPERS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Serenity Lakes 5?

Serenity Lakes 5 yields 8.5% gross, calculated from current PIX© rent against current PIX© sale price, across 61 registered Ejari contracts.

How many units are in Serenity Lakes 5?

Serenity Lakes 5 holds 226 registered units, per the Dubai Land Department unit register.

Have prices in Serenity Lakes 5 gone up or down?

Price per sqft has risen +26.6% over the last 12 months, to AED 1,361, across 185 registered sales.