Serenity Lakes 5-Old

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Nakheel
85
Total Units
85
Sold
AED 597,000
Median Price
AED 1,430
Median Price /sqft
Construction progress: 100%
Start: Aug, 2014Completion: Feb, 2024

Serenity Lakes 5-Old Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed85310 sqft - 1,980 sqftAED 1,430 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, 1021787 sqft9 sqft Check Availability
1Apartment, 1091361 sqft4 sqft Check Availability
1Apartment, 1161374 sqft5 sqft Check Availability
1Apartment, 1171374 sqft5 sqft Check Availability
1Apartment, 1311363 sqft5 sqft Check Availability
1Apartment, 1351695 sqft5 sqft Check Availability
1Apartment, 2162374 sqft5 sqft Check Availability
1Apartment, 2172374 sqft5 sqft Check Availability
1Apartment, 2182374 sqft5 sqft Check Availability
1Apartment, 2212374 sqft5 sqft Check Availability
1Apartment, 2252363 sqft5 sqft Check Availability
1Apartment, 2272767 sqft9 sqft Check Availability
1Apartment, 2342803 sqft8 sqft Check Availability
1Apartment, 2362780 sqft9 sqft Check Availability
1Apartment, 3043393 sqft5 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment393 sqft5 sqft 1AED 1,100,250AED 2,800 /sqft 14, Oct 2013
1Apartment361 sqft4 sqft 1AED 644,240AED 1,785 /sqft 27, Dec 2013
1Apartment363 sqft5 sqft 1AED 524,125AED 1,444 /sqft 18, Jan 2014
1Apartment363 sqft5 sqft 1AED 524,125AED 1,444 /sqft 28, Dec 2013
1Apartment374 sqft5 sqft 1AED 328,970AED 880 /sqft 28, Dec 2013
1Apartment374 sqft5 sqft 2AED 1,156,250AED 3,092 /sqft 15, Jan 2014
1Apartment363 sqft5 sqft 2AED 651,750AED 1,795 /sqft 18, Jan 2014
1Apartment393 sqft5 sqft 2AED 648,750AED 1,651 /sqft 28, Dec 2013
1Apartment363 sqft5 sqft 2AED 643,650AED 1,773 /sqft 18, Jan 2014
1Apartment363 sqft5 sqft 2AED 643,650AED 1,773 /sqft 18, Jan 2014
1Apartment363 sqft5 sqft 2AED 643,650AED 1,773 /sqft 18, Jan 2014
1Apartment363 sqft5 sqft 2AED 633,750AED 1,746 /sqft 18, Jan 2014
1Apartment361 sqft4 sqft 2AED 615,000AED 1,704 /sqft 28, Oct 2013
1Apartment695 sqft5 sqft 2AED 601,800AED 866 /sqft 09, Feb 2014
1Apartment374 sqft5 sqft 2AED 518,650AED 1,387 /sqft 30, Dec 2013

Serenity Lakes 5-Old Real Estate Data – FAQ

  • What is the current property supply in Serenity Lakes 5-Old?

    Serenity Lakes 5-Old has a total residential supply of approximately 1 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Serenity Lakes 5-Old?

    Serenity Lakes 5-Old recorded 0 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Serenity Lakes 5-Old?

    The median transaction price in Serenity Lakes 5-Old is , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Serenity Lakes 5-Old?

    The gross rental yield in Serenity Lakes 5-Old is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Serenity Lakes 5-Old?

    Property prices in Serenity Lakes 5-Old have shown a capital appreciation of % year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Serenity Lakes 5-Old?

    There are currently 0 active off-plan projects in Serenity Lakes 5-Old, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Serenity Lakes 5-Old?

    The total off-plan pipeline in Serenity Lakes 5-Old includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Serenity Lakes 5-Old a good area for property investment?

    Serenity Lakes 5-Old is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Serenity Lakes 5-Old, this is %, indicating relatively strong income performance compared to global markets.

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