Project · Transactions · 2023

Serenia Residences The Palm Property Transactions 2023

32 property sales worth ⃃ 175.63M were registered in Serenia Residences The Palm in 2023, 45.8% lower than 2022 by number of sales. The median sale price was ⃃ 5,250,000 and the median price per square foot ⃃ 3,076 (+17.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 32 salesUpdated: 17 Oct 2026
Property sales
32
−45.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 175.63M
−63.3% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 5,250,000
+12.9% vs 2022
32 sales
Median price per sq ft
⃃ 3,076
+17.8% vs 2022
32 sales

What types of property sold in Serenia Residences The Palm in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments32100%⃃ 175.63M⃃ 5,250,000⃃ 3,076

How were 2023 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
Resale (secondary)32100%⃃ 175.63M⃃ 5,250,000⃃ 3,076
Ready32100%⃃ 175.63M⃃ 5,250,000⃃ 3,076

How many rental contracts were registered in Serenia Residences The Palm in 2023?

71 rental contracts (new and renewed) were registered in Serenia Residences The Palm in 2023, at a median annual rent of ⃃ 180,000 (+5.9% on 2022). Rental yields in Serenia Residences The Palm

What were the most expensive property sales in Serenia Residences The Palm in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
24/06/2023Serenia Residences Building B3 beds · Apartment5,520 sq ft⃃ 14,000,000Resale · Ready
20/06/2023Serenia Residences Building C3 beds · Apartment2,886 sq ft⃃ 13,500,000Resale · Ready
08/05/2023Serenia Residences Building C3 beds · Apartment2,885 sq ft⃃ 11,200,000Resale · Ready
10/04/2023Serenia Residences Building C4 beds · Apartment3,337 sq ft⃃ 10,000,000Resale · Ready
21/06/2023Serenia Residences Building C3 beds · Apartment2,790 sq ft⃃ 8,000,000Resale · Ready
10/07/2023Serenia Residences Building A2 beds · Apartment1,605 sq ft⃃ 8,000,000Resale · Ready
13/02/2023Serenia Residences Building C3 beds · Apartment2,790 sq ft⃃ 7,500,000Resale · Ready
12/12/2023Serenia Residences Building A2 beds · Apartment1,605 sq ft⃃ 6,700,000Resale · Ready
10/10/2023Serenia Residences Building A2 beds · Apartment1,507 sq ft⃃ 6,300,000Resale · Ready
10/10/2023Serenia Residences Building A2 beds · Apartment1,605 sq ft⃃ 6,300,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
12/12/2023Serenia Residences Building A2 beds · Apartment1,605 sq ft⃃ 6,700,000Resale · Ready
12/12/2023Serenia Residences Building C1 bed · Apartment1,004 sq ft⃃ 3,000,000Resale · Ready
10/10/2023Serenia Residences Building A2 beds · Apartment1,507 sq ft⃃ 6,300,000Resale · Ready
10/10/2023Serenia Residences Building A2 beds · Apartment1,605 sq ft⃃ 6,300,000Resale · Ready
08/09/2023Serenia Residences Building A2 beds · Apartment1,605 sq ft⃃ 6,100,000Resale · Ready
30/08/2023Serenia Residences Building B3 beds · Apartment2,014 sq ft⃃ 2,450,000Resale · Ready
18/08/2023Serenia Residences Building A1 bed · Apartment1,040 sq ft⃃ 2,800,000Resale · Ready
07/08/2023Serenia Residences Building C1 bed · Apartment1,109 sq ft⃃ 3,500,000Resale · Ready
24/07/2023Serenia Residences Building B2 beds · Apartment1,573 sq ft⃃ 5,800,000Resale · Ready
13/07/2023Serenia Residences Building C1 bed · Apartment1,004 sq ft⃃ 2,250,000Resale · 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 2023 with the whole of 2022.
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/2023
Serenia Residences The Palm Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2023

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 2023?
32 property sales worth ⃃ 175,629,236 were registered in Serenia Residences The Palm in 2023. That is 45.8% lower than 2022.
What was the median property price in Serenia Residences The Palm in 2023?
The median sale price was ⃃ 5,250,000 and the median price per square foot ⃃ 3,076 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2023