PropertyIndex

Serenia Residences The Palm

Completed · Q1 2018|242 units · 3 buildings

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Serenia Residences The Palm is a completed apartment development by PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C in Palm Jumeirah, comprising 242 registered units. 431 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,979 per sqft. At AED 2,979 per sqft, Serenia Residences The Palm prices 24% below the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 12.3% YoY
7.69MAED
Typical
2,979AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
431
DLD · all time
Rent contracts
719
Ejari · all time
Serenia Residences The Palm

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
900 – 12,091 sqft
2427.69M2,97912.3%408K5.3%
1 Bed · Apartment
900 – 2,036 sqft
92
2 Bed · Apartment
1,334 – 3,286 sqft
97
3 Bed · Apartment
2,014 – 5,773 sqft
44
4 Bed · Apartment
3,337 sqft
8
5 Bed · Apartment
12,091 sqft
1
Sales — Project-Wide431 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
Tower Analysis
last 24 months
All towers · 47 sales
Serenia Residences Building B · 18 sales
Serenia Residences Building A · 12 sales
Serenia Residences Building C · 17 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
10 Aug 2026Serenia Residences Building B · Floor 61,5736,500,0004,132+25.0%StandardStandard Sale
25 Jun 2026Serenia Residences Building A · Floor 51,3345,150,0003,860+43.1%StandardStandard Sale
10 Jun 2026Serenia Residences Building B · Floor 61,7826,600,0003,705+8.2%StandardStandard Sale
Rentals — Project-Wide719 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower Analysis
last 24 months
All towers · 142 rentals
Serenia Residences Building B · 17 rentals
Serenia Residences Building C · 41 rentals
Serenia Residences Building A · 84 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20263 Bed4,877750,000154Standardnew
12 Aug 20261 BedSerenia Residences Building A · Floor 5900144,3751600.0%Standardrenewal
30 Jul 20261 BedSerenia Residences Building C · Floor 71,004115,000115-20.7%Entry Levelnew

Comparables

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

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Serenia Residences The Palm

Answered from Dubai Land Department registered transactions.

How much does a property in Serenia Residences The Palm cost?

Property in Serenia Residences The Palm sells at a current PIX© price of AED 2,979 per sqft, or about AED 7,688,564 for a typical unit, based on 431 sales registered with the Dubai Land Department.

Is Serenia Residences The Palm completed?

Yes. Serenia Residences The Palm is recorded as completed in the Dubai Land Department project register (completed q1 2018).

Who is the developer of Serenia Residences The Palm?

Serenia Residences The Palm is developed by PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Serenia Residences The Palm?

Serenia Residences The Palm yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 719 registered Ejari contracts.

How many units are in Serenia Residences The Palm?

Serenia Residences The Palm holds 242 registered units, per the Dubai Land Department unit register.

Have prices in Serenia Residences The Palm gone up or down?

Price per sqft has fallen -12.3% over the last 12 months, to AED 2,979, across 431 registered sales.