PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

Serenia Residences West

Completed|76 units · 1 building

Serenia Residences West is a completed development by PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C in Palm Jumeirah, comprising 76 registered units. 139 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,369 per sqft. At AED 3,369 per sqft, Serenia Residences West prices 37% above the Palm Jumeirah median of AED 2,459 per sqft on registered sales.

PIX© price · ↑11.7% YoY

6.79MAED

Typical

3,369AED

PSF

Gross yield

6.8%

PIX© rent ÷ PIX© price

Sale records

139

DLD · all time

Rent contracts

230

Ejari · all time

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

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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.

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

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3 Bed · G · Serenia Residences West

Nightly rateAED

Occupancy (237 nights)

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Serenia Residences West3,369AED/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 1,004 - 5,232 sqft	76	6.79M	3,369	↑11.7%	459K	6.8%
1 Bed · Apartment 1,004 - 1,819 sqft	23
2 Bed · Apartment 1,380 - 1,833 sqft	29
3 Bed · Apartment 2,790 - 5,232 sqft	18
4 Bed · Apartment 3,337 sqft	6	-	-	-	-	-

Sales - Project-Wide139 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
25 Feb 2026	3 Bed	Serenia Residences West · Floor 2	2,886	12,500,000	4,332	+1.2%	Standard	Standard Sale
2 Feb 2026	3 Bed	Serenia Residences West · Floor 1	3,447	10,300,000	2,988	+77.6%	Standard	Standard Sale
7 Jan 2026	2 Bed	Serenia Residences West · Floor 6	1,724	6,270,000	3,637	-	Standard	Standard Sale

Rentals - Project-Wide230 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
27 Aug 2026	1 Bed	Serenia Residences West · Floor 4	1,034	150,000	145	-	Standard	CERTIFICATE
30 Jul 2026	1 Bed	Serenia Residences West · Floor 7	1,004	115,000	115	-	Standard	CERTIFICATE
18 Jul 2026	1 Bed	Serenia Residences West · Floor 7	1,034	155,000	150	-	Standard	CONTRACT

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 West

Compared with

The Palm Tower

PIX© PSF

3,424

Rank

#9 of 51

#8 of 51

Typical price

6.83M

Yield

4.9%

Units

490

Sales

180

Rents

637

Developer

PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

DUBAI HOLDING (L.L.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Aquamarine SHAMAL ESTATES L.L.C · Completed	110					39	145
	The 8 C FOURTEEN FZE · Completed	307					137	295
	Muraba Residence MURABA PROPERTIES L.L.C · Completed	50					35	22
	Ruby SHAMAL ESTATES L.L.C · Completed	111					17	171
	The Palm Tower DUBAI HOLDING (L.L.C) · Completed	490					180	637
9	Serenia Residences West PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	76	3,424	Subject	6.83M	4.9%	34	87
	Tanzanite SHAMAL ESTATES L.L.C · Completed	109					28	170
	Serenia Residences East PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	58					36	48
	Serenia Residences The Palm PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	242					105	293
	Balqis Residence Block A BALQIS RESIDENCE FZE · Completed	84					24	104
	Emerald SHAMAL ESTATES L.L.C · Completed	109					41	166

Community median 2,459 AED/sqft. Showing the closest-ranked peers of 51 ranked projects in the community. 11 community projects excluded for insufficient recorded sales. 23 excluded for trading only in the off-plan market. 9 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.

Serenia Residences EastAED 3,351/sqft
TanzaniteAED 3,398/sqft
The Palm TowerAED 3,473/sqft
Serenia Residences The PalmAED 3,220/sqft
Balqis Residence Block AAED 3,167/sqft
EmeraldAED 3,141/sqft

Common questions about Serenia Residences West

Answered from Dubai Land Department registered transactions.

How much does a property in Serenia Residences West cost?

Property in Serenia Residences West sells at a current PIX© price of AED 3,369 per sqft, or about AED 6,787,922 for a typical unit, based on 139 sales registered with the Dubai Land Department.

Is Serenia Residences West completed?

Yes. Serenia Residences West is recorded as completed in the Dubai Land Department project register.

Who is the developer of Serenia Residences West?

Serenia Residences West 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 West?

Serenia Residences West yields 6.8% gross, calculated from current PIX© rent against current PIX© sale price, across 230 registered Ejari contracts.

How many units are in Serenia Residences West?

Serenia Residences West holds 76 registered units, per the Dubai Land Department unit register.

Have prices in Serenia Residences West gone up or down?

Price per sqft has risen +11.7% over the last 12 months, to AED 3,369, across 139 registered sales.