Project · Transactions · 2018

Serenia Residences The Palm Property Transactions 2018

24 property sales worth ⃃ 106.13M were registered in Serenia Residences The Palm in 2018, 41.2% higher than 2017 by number of sales. The median sale price was ⃃ 3,838,000 and the median price per square foot ⃃ 2,199 (−6.7% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 24 salesUpdated: 18 Oct 2026
Property sales
24
+41.2% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 106.13M
+25.2% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 3,838,000
+2.3% vs 2017
24 sales
Median price per sq ft
⃃ 2,199
−6.7% vs 2017
24 sales

What types of property sold in Serenia Residences The Palm in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments24100%⃃ 106.13M⃃ 3,838,000⃃ 2,199

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)1979.2%⃃ 82.43M⃃ 3,780,000⃃ 2,410
Resale (secondary)520.8%⃃ 23.7M⃃ 5,500,000⃃ 1,966
Off-plan28.3%⃃ 4.62M⃃ 2,310,725⃃ 2,349
Ready2291.7%⃃ 101.51M⃃ 4,028,250⃃ 2,159

How many rental contracts were registered in Serenia Residences The Palm in 2018?

71 rental contracts (new and renewed) were registered in Serenia Residences The Palm in 2018, at a median annual rent of ⃃ 170,000. Rental yields in Serenia Residences The Palm

What were the most expensive property sales in Serenia Residences The Palm in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/05/2018Serenia Residences Building B3 beds · Apartment5,520 sq ft⃃ 14,261,000Primary · Ready
01/03/2018Serenia Residences Building B3 beds · Apartment4,877 sq ft⃃ 8,000,000Primary · Ready
22/03/2018Serenia Residences Building C3 beds · Apartment2,886 sq ft⃃ 7,350,000Resale · Ready
09/12/2018Serenia Residences Building C3 beds · Apartment2,886 sq ft⃃ 5,550,000Resale · Ready
25/06/2018Serenia Residences Building C3 beds · Apartment2,790 sq ft⃃ 5,500,000Resale · Ready
05/12/2018Serenia Residences Building B3 beds · Apartment2,014 sq ft⃃ 4,900,000Primary · Ready
25/09/2018Serenia Residences Building B2 beds · Apartment1,782 sq ft⃃ 4,640,000Primary · Ready
16/10/2018Serenia Residences Building A2 beds · Apartment1,526 sq ft⃃ 4,535,000Primary · Ready
03/05/2018Serenia Residences Building B2 beds · Apartment1,782 sq ft⃃ 4,531,000Primary · Ready
11/12/2018Serenia Residences Building A2 beds · Apartment1,507 sq ft⃃ 4,500,000Primary · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
17/12/2018Serenia Residences Building B2 beds · Apartment1,573 sq ft⃃ 3,896,000Primary · Ready
11/12/2018Serenia Residences Building A2 beds · Apartment1,507 sq ft⃃ 4,500,000Primary · Ready
10/12/2018Serenia Residences Building B2 beds · Apartment1,563 sq ft⃃ 2,150,000Primary · Ready
09/12/2018Serenia Residences Building C3 beds · Apartment2,886 sq ft⃃ 5,550,000Resale · Ready
05/12/2018Serenia Residences Building B3 beds · Apartment2,014 sq ft⃃ 4,900,000Primary · Ready
31/10/2018Serenia Residences Building A2 beds · Apartment1,526 sq ft⃃ 3,000,000Resale · Ready
16/10/2018Serenia Residences Building A2 beds · Apartment1,526 sq ft⃃ 4,535,000Primary · Ready
01/10/2018Serenia Residences Building B1 bed · Apartment2,036 sq ft⃃ 2,300,000Resale · Ready
25/09/2018Serenia Residences Building B2 beds · Apartment1,782 sq ft⃃ 4,640,000Primary · Ready
15/08/2018Serenia Residences Building B2 beds · Apartment1,782 sq ft⃃ 3,750,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2018
Serenia Residences The Palm Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Serenia Residences The Palm in 2018?
24 property sales worth ⃃ 106,126,860 were registered in Serenia Residences The Palm in 2018. That is 41.2% higher than 2017.
What was the median property price in Serenia Residences The Palm in 2018?
The median sale price was ⃃ 3,838,000 and the median price per square foot ⃃ 2,199 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Serenia Residences The Palm were off-plan or from developers?
Developer (primary) sales were 79.2% of the 24 sales and resales 20.8%. Off-plan units made up 8.3% and ready units 91.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2018