SERENIA LIVING

Handover
CommunityPalm Jumeirah
Started
3 years 7 months ago01-06-2022
Handover
25 days ago31-12-2025
Status
80% BuiltIn Progress
Project Description

04 Residential Building with Shared Parking Basement (Tower 1 ? G+17+R) + (Tower 2 ? G+19+R) + (Tower 3 ? G+14+R) + (Tower 4 ? G+12+R) + Landscape in Ground Floor with Future Swimming Pool.The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Rising
+10%
Growth
Current:AED 4,771/sqft
Last 12M:AED 4,329/sqft
Momentum: Last 12Mvs Prior Year
Rising
+12%
Growth
Last 12M:AED 4,329/sqft
Prior Year:AED 3,882/sqft
Community Compare: Last 90DPalm Jumeirah
Premium
+43%
Above Avg
Project:AED 4,771/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Moderate
15%Turnover
35Sold (Last 12M)

Supply & Demand Matrix

SERENIA LIVING averaged 15% liquidity over the last 12 months, which is considered moderate. As units are handed over, early secondary market activity is emerging. Velocity will become more meaningful as the market matures.

Type
Absorption (L12M)
Velocity
2 Bedrooms
94 units
19%
Velocity
3 Bedrooms
87 units
17%
Velocity
4 Bedrooms
37 units
5%
Velocity
5 Bedrooms
5 units
0%
Velocity
6 Bedrooms
2 units
0%
Velocity
Shop
1 units
0%
Velocity

Layouts & Units (226)

Asset Class
2 Bed FlatFloors 2-15
Inventory
94units
23 layouts · Typically 1 parking
20-70 sqm balcony
Size Range
1,180-2,359sqft
Price Range
AED 609K - AED 11.5M
Avg PSF
3,319
Sales
149
Trend
Asset Class
3 Bed FlatPodium + Floors 1-17
Inventory
87units
16 layouts · Typically 1 parking
33-157 sqm balcony
Size Range
1,514-6,274sqft
Price Range
AED 5.8M - AED 28.8M
Avg PSF
3,514
Sales
127
Trend
Asset Class
4 Bed FlatPodium + Floors 1-17
Inventory
37units
9 layouts · Typically 1 parking
81-188 sqm balcony
Size Range
4,240-10,393sqft
Price Range
AED 11.6M - AED 42.0M
Avg PSF
4,035
Sales
41
Trend
Asset Class
5 Bed FlatFloors 10-13
Inventory
5units
4 layouts · Typically 1 parking
315-758 sqm balcony
Size Range
12,712-18,818sqft
Price Range
AED 55.0M - AED 110.0M
Avg PSF
4,978
Sales
2
Trend
Asset Class
6 Bed FlatFloors 16-18
Inventory
2units
2 layouts · Typically 1 parking
884-1139 sqm balcony
Size Range
21,156-25,073sqft
Price Range
AED 105.0M - AED 105.0M
Avg PSF
4,963
Sales
1
Trend
Asset Class
Land
Inventory
0units
Size Range
341,348-557,978sqft
Price Range
AED 27.9M - AED 508.0M
Avg PSF
769
Sales
2
Trend
Asset Class
ShopPodium
Inventory
1units
Typically 1 parking
~193 sqm balcony
Size Range
4,560-4,560sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 7 asset classes covering 226 units

SERENIA LIVING in Palm Jumeirah - Prices and Units | Property Index