Dubai Land Department Off-Plan Register

Serenia Residences Building B Launch Prices

Off-plan in Palm Jumeirah · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

25 developer launch sales registered at Serenia Residences Building B between Aug 2015 and Mar 2018: 100% apartments, most commonly 2-bed units, typically around 1,755 sqft.

Launch sales
25
DLD off-plan registrations, all time
Median launch /sqft
AED 2,272
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,805,00013,180,000
Min – max registered

Bed mix: 1-bed 32% · 2-bed 48% · 3-bed 20%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Serenia Residences Building B, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q31AED 2,385
2015 Q47AED 2,334
2016 Q11AED 2,551
2016 Q25AED 1,755
2017 Q12AED 2,076
2017 Q23AED 2,393
2017 Q35AED 2,324
2018 Q11AED 1,644
Two different markets

Launch vs Resale

Serenia Residences Building B also has 86 ready-market resales registered with the DLD, the first on 7 May 2018 - 33 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
86
18 in the last 2 years
Resale median /sqft
AED 3,601
last 2 years
Resale vs launch
+58%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Serenia Residences Building B →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
4,866 sqft · 5 March 2018
AED 8,000,000
AED 1,644 /sqft
Apartment · 1 Bed
1,052 sqft · 4 September 2017
AED 2,553,000
AED 2,428 /sqft
Apartment · 2 Bed
1,784 sqft · 23 August 2017
AED 4,147,800
AED 2,324 /sqft
Apartment · 3 Bed
4,866 sqft · 7 August 2017
AED 12,000,000
AED 2,466 /sqft
Apartment · 2 Bed
2,382 sqft · 17 July 2017
AED 3,384,700
AED 1,421 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Compare this project with every other off-plan launch registered in Palm Jumeirah, or see the community's resale market.

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