Serenia Living - Tower 1
- Completed 2026
- Master developer Palma Homes
A 2 bed in Serenia Living - Tower 1 costs a median AED 8.50M and rents long-let for AED 500,000/yr (5.9% gross).
2 bed · typical price
8.50MAED
AED 4,513/sqft · +4.7% on a year
- Rent a year
- AED 500,000
- Gross yield
- 5.9%
- vs Palm Jumeirah
- 66% above the median
Cost to buy, all inAED 9.02M
- Price
- AED 8.50M
- DLD fee 4%
- AED 340,000
- Agent 2% + VAT
- AED 178,500
- Trustee
- AED 4,200
Fees repaid by rent13 months
Is Serenia Living - Tower 1 a good investment?Prices rising, with nothing to watch; no record of the rent trend
- Does it pay a good rent?5.9% gross, before the service charge (not on file) (Dubai median 6.8%)5.9%Fair
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?2 bed: AED 4,337/sqft a year ago, 4,541 now+4.7%Strength
- How fast do fees pay back?AED 522,700 in fees to buy a 2 bed; rent covers it in 1.0 years1.0 yrs
- Can I sell easily?25 sales in 12 months (17 the year before)25
- Is a lot being built nearby?1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today. A further 125 are past their planned date. Palm Jumeirah supply by year →44%Fair
- Did earlier buyers gain?Up 51% for launch buyers, before fees+51.2%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Serenia Living - Tower 1 prices and rents by unit typeA two-bed costs about AED 8.50M and rents for about AED 500,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Palm Jumeirah · area median AED 2,739/sqft
- 12-month change
- +4.7%
- 3 years
- +20.5% · +6.4%/yr
- vs area median
- +65.8%
- Rank by price per sqft
- 9th of 54
- Off-plan price gain, 2022–2026
- +39.0% · +17.9%/yr
Rental income
2 bed · Palm Jumeirah
- Gross yield
- 5.9%
- Median new rent
- AED 500,000/yr
- Yield vs area median
- +1.0 pts
- Yield vs Dubai (6.8%)
- -0.9 pts
- Yield rank
- 2nd of 27
Read with care
- Rental data covers the whole Serenia Living project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Sep 2022, AED 5,512,500; latest, Oct 2026, AED 8,900,000; peak, Feb 2026, AED 10,250,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 4,541 · before fees
- Launch, 2022–26
- 3,004
- +51%
- 109 sales
- 3 years ago
- 3,804
- +19%
- 18 sales
- Previous 12 months
- 4,337
- +5%
- 17 sales
- Last 12 months
- 4,541
- today
- 25 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
13 resales in the last 12 months, against 18 a year on average over 2023–2025.
13 resales in the last 12 months.
Comparables in Palm Jumeirah
Every Palm Jumeirah building with a page, ranked by price per sqft over the same 12 months, all unit types. Serenia Living - Tower 1 places 17th of 93; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Serenia Living - Tower 1 (AED 4,541/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Serenia Living - Tower 1 has registered sale prices 66% above the Palm Jumeirah median price per square foot of 2,739 AED, across 54 eligible buildings. It ranks 9th of 54 by price per square foot and 2nd of 27 by gross yield in Palm Jumeirah.
Market context in Palm Jumeirah
Registered sales activity
748 ready apartment sales in the 12 months to 2026-10-12.
+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.
Explore sales activityPlanned apartment projects
1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.
Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.
New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Serenia Living towers
4 towers in Serenia Living, at the bedroom type above.
Palm Jumeirah: every development at this typePalm Jumeirah: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.
About Serenia Living - Tower 1
Serenia Living - Tower 1 is an apartment building completed in 2026 by Palma Homes in Palm Jumeirah. 172 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- Palma Homes
Drive times · typical
- Downtown
- 24 min · 24 km
- DXB Airport
- 28 min · 37 km
- DIFC
- 20 min · 27 km
- Dubai Marina
- 13 min · 10 km
- Palm Jumeirah
- 7 min · 1.1 km
Nearest, as registered
- Metro
- Mina Seyahi
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Serenia Living - Tower 1: AED 4,541 per sq ft, 61% above the median Palm Jumeirah building, and a 7.1% gross yield, in the top tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Serenia Living - Tower 1AED 4,541
- Palm Jumeirah, readyAED 2,663
- Palm Jumeirah, off-planAED 5,539
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Serenia Living - Tower 1Palm Jumeirah median building
- Palm Jumeirah7.1% vs 5.1%
More from Palma Homes
Serenia District - West
Jumeirah Islands · 55 sales, 12 months
2.10M
AED, resale median · 2,438/sqft
Serenia Living - Tower 2
Palm Jumeirah · 16 sales, 12 months
13.40M
AED, resale median · 4,554/sqft
Serenia Residences Building B
Palm Jumeirah · 9 sales, 12 months
6.70M
AED, resale median · 3,909/sqft
Serenia Residences Building A
Palm Jumeirah · 5 sales, 12 months
3.40M
AED, resale median · 2,829/sqft
Nearby in Palm Jumeirah
Prices per sq ft around Serenia Living - Tower 1, on the mapPrices per sq ft around Serenia Living - Tower 1, on the map
Serenia Living - Tower 2
Palm Jumeirah · 16 sales, 12 months
13.40M
AED, resale median · 4,554/sqft
Serenia Living - Tower 3
Palm Jumeirah · 3 sales, 12 months
27.25M
AED, resale median · 4,006/sqft
Seven Hotel & Apartments the Palm - A
Palm Jumeirah · 51 sales, 12 months
1.70M
AED, resale median · 3,456/sqft
The Palm Tower
Palm Jumeirah · 32 sales, 12 months
2.58M
AED, resale median · 4,343/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Serenia Living - Tower 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 33,072AED
- 4.5% over 25 years
- Monthly rent
- 41,667AED
- AED 500,000 a year
- Cash needed at purchase
- 3,150,075AED
- 30% down plus AED 600,075 in fees
Owning costs AED 1.95M less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Serenia Living - Tower 1?
- Serenia Living - Tower 1 returns 5.9% gross: a median new-contract rent of AED 500,000 a year (20 Ejari contracts in 12 months) over a price benchmark of AED 8.50M (median of 25 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in Serenia Living - Tower 1 cost?
- The median registered sale price is AED 8.50M (4,541 AED/sqft), from 25 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Serenia Living - Tower 1 selling for right now?
- Registered sales of ready units in Serenia Living - Tower 1 over the last 12 months have a median of 4,513 AED/sqft, across 13 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Serenia Living - Tower 1 risen or fallen?
- Median price per square foot moved +4.7% over the last 12 months against the 12 before it, on 25 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Serenia Living - Tower 1 compare with Palm Jumeirah?
- Its 5.9% gross yield sits +1.0 pts against the Palm Jumeirah median of 4.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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Serenia Living - Tower 1 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 25 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/palm-jumeirah/serenia-living-tower-1
Cite as: Dubai Wealth Index. “Serenia Living - Tower 1 sale prices and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/palm-jumeirah/serenia-living-tower-1
Stable dataJSON