SERENIA RESIDENCES THE PALM
ResaleCommunityPalm Jumeirah
AreaPalm Jumeirah
Started
10 years 9 months ago01-04-2015
Handover
7 years 11 months ago28-01-2018
Status
CompleteFinished
Project Description
Residential towers (A,B&C) consist of Common B x Three towers(G+ 8 typical floors + Penthouse on 9th floor), with external and internal finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Rising+4%
GrowthCurrent:AED 3,434/sqft
Last 12M:AED 3,303/sqft
Momentum: Last 12Mvs Prior Year
Rising+3%
GrowthLast 12M:AED 3,303/sqft
Prior Year:AED 3,200/sqft
Community Compare: Last 90DPalm Jumeirah
Premium+3%
Above AvgProject:AED 3,434/sqft
Community:AED 3,346/sqft
Liquidity: Last 12MExit Speed
Moderate12%Turnover
28Sold (Last 12M)
Supply & Demand Matrix
SERENIA RESIDENCES THE PALM averaged 12% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
92 units
11 sold81 left
12%
Velocity
2 Bedrooms
97 units
13 sold84 left
13%
Velocity
3 Bedrooms
44 units
3 sold41 left
7%
Velocity
4 Bedrooms
8 units
1 sold7 left
13%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (242)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-8 | Inventory 92units 21 layouts · Typically 1 parking 9-100 sqm balcony | Size Range 535-2,036sqft | Price Range AED 1.6M - AED 4.0M | Avg PSF 2,117 | Sales 98 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-8 | Inventory 97units 23 layouts · Typically 1.8 parking 11-172 sqm balcony | Size Range 1,302-3,286sqft | Price Range AED 1.9M - AED 8.0M | Avg PSF 2,449 | Sales 103 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-8 | Inventory 44units 15 layouts · Typically 2.6 parking 21-228 sqm balcony | Size Range 975-5,773sqft | Price Range AED 2.0M - AED 24.8M | Avg PSF 2,489 | Sales 57 | Trend — | |
Asset Class 4 Bed FlatFloors 3-9 | Inventory 8units 4 layouts · Typically 3.6 parking 41-728 sqm balcony | Size Range 3,337-15,127sqft | Price Range AED 8.0M - AED 58.0M | Avg PSF 2,884 | Sales 11 | Trend — | |
Asset Class 5 Bed FlatPodium | Inventory 1units Typically 5 parking ~546 sqm balcony | Size Range 12,091-12,091sqft | Price Range AED 28.3M - AED 36.0M | Avg PSF 2,132 | Sales 2 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 227,209-227,209sqft | Price Range — | Avg PSF 1,352 | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 938-938sqft | Price Range — | Avg PSF 63,868 | Sales 0 | Trend — |
Grouped into 7 asset classes covering 242 units