PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Serenia Residences The Palm

Completed|242 units · 3 buildings

Serenia Residences The Palm is a completed community by PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C in Palm Jumeirah, comprising 242 registered units. 437 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,995 per sqft. At AED 2,995 per sqft, Serenia Residences The Palm prices 21% above the Palm Jumeirah median of AED 2,468 per sqft on registered sales.

PIX© price · ↓3.7% YoY

7.66MAED

Typical

2,995AED

PSF

Gross yield

5.1%

PIX© rent ÷ PIX© price

Sale records

437

DLD · all time

Rent contracts

719

Ejari · all time

Explore locations

3 inside Serenia Residences The Palm

Serenia Residences North

180 sales · 378 rentals

Serenia Residences West

139 sales · 230 rentals

Serenia Residences East

118 sales · 111 rentals

SATELLITE

LocationPalm Jumeirah

Drive times · typical

Downtown Dubai32 min · 30.4 km

DXB Airport36 min · 40.1 km

DIFC34 min · 32.4 km

Dubai Marina24 min · 15.6 km

Palm Jumeirah13 min · 8.7 km

Nearest · straight-line

Metro stationDubai Internet City Metro Station4 km

MallDKNY2.4 km

SchoolMermaid diving centre1.4 km

HospitalAl Das Medical Clinic2.3 km

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building

Floor

Units on g

…

3 Bed on G, Serenia Residences West

Size
Record: Nov 2015 to May 2024
Owners: 6
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Owner 6	1 May 2024	2.4 yrs	Current owner
5Owner 5	21 Jun 2023	10 mo	Sold with tenant in place
4Owner 4	13 Feb 2023	4 mo	Sold with tenant in place
3Owner 3	1 Jul 2022	7 mo	Sold with tenant in place
2Tenant 2	10 Sep 2021	2.0 yrs	Renewal Owner 2
2Tenant 2	10 Sep 2020	12 mo	Owner 2
1Tenant 1	27 Aug 2019	12 mo	Renewal Owner 2
1Tenant 1	27 Aug 2018	12 mo	Owner 2
2Owner 2	26 Jun 2018	4.0 yrs	Mortgage
1Owner 1	26 Nov 2015	2.6 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

3 Bed · G · Serenia Residences West

Nightly rateAED

Occupancy (237 nights)

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Serenia Residences The Palm2,995AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 900 - 12,090 sqft	242	7.66M	2,995	↓3.7%	392K	5.1%
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 12,090 sqft	1	-	-	-	-	-

Sales - Project-Wide437 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
10 Aug 2026	2 Bed	Serenia Residences East · Floor 6	1,573	6,500,000	4,132	+25.0%	Standard	Standard Sale
25 Jun 2026	2 Bed	Serenia Residences North · Floor 5	1,334	5,150,000	3,860	+43.1%	Standard	Standard Sale
10 Jun 2026	2 Bed	Serenia Residences East · Floor 6	1,782	6,600,000	3,705	+8.2%	Entry Level	Standard Sale

Rentals - Project-Wide719 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
17 Oct 2026	2 Bed	Serenia Residences East · Floor 8	1,782	140,000	79	-	Standard	CERTIFICATE
17 Sep 2026	2 Bed	Serenia Residences North · Floor 7	1,507	255,000	169	-	Standard	CONTRACT
12 Sep 2026	1 Bed	Serenia Residences North · Floor 1	1,040	149,795	144	-	Standard	CERTIFICATE

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Serenia Residences The Palm

Compared with

Serenia Residences West

PIX© PSF

3,290

Rank

#12 of 52

#11 of 52

Typical price

6.92M

Yield

4.9%

Units

242

Sales

105

Rents

293

Developer

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Ruby SHAMAL ESTATES L.L.C · Completed	111					17	171
	The Palm Tower DUBAI HOLDING (L.L.C) · Completed	490					180	637
	Serenia Residences East PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	58					36	48
	Tanzanite SHAMAL ESTATES L.L.C · Completed	109					28	170
	Serenia Residences West PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	76					34	87
12	Serenia Residences The Palm PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	242	3,290	Subject	6.92M	4.9%	105	293
	Emerald SHAMAL ESTATES L.L.C · Completed	109					41	166
	Balqis Residence Block A BALQIS RESIDENCE FZE · Completed	84					24	104
	Serenia Residences North PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	108					35	158
	Seven Palm SEVEN TIDES LIMITED · Completed	1,200					200	600
	Tiara Residences SHAMAL ESTATES L.L.C · Completed	847					157	1,505

Community median 2,468 AED/sqft. Showing the closest-ranked peers of 52 ranked projects in the community. 11 community projects excluded for insufficient recorded sales. 23 excluded for trading only in the off-plan market. 8 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Tiara ResidencesAED 2,998/sqft
Five Palm JumeirahAED 2,942/sqft
Seven PalmAED 3,067/sqft
Serenia Residences NorthAED 3,072/sqft
Balqis Residence Block AAED 3,110/sqft
Marina Residences 2AED 2,878/sqft

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 2,995 per sqft, or about AED 7,656,251 for a typical unit, based on 437 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.

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 5.1% 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 -3.7% over the last 12 months, to AED 2,995, across 437 registered sales.