Dubai Land Department Off-Plan Register

Serenia Residences Building a 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

63 developer launch sales registered at Serenia Residences Building a between Aug 2015 and Jan 2018: 100% apartments, most commonly 1-bed units, typically around 1,216 sqft.

Launch sales
63
DLD off-plan registrations, all time
Median launch /sqft
AED 2,258
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,530,0006,395,000
Min – max registered

Bed mix: 1-bed 56% · 2-bed 40% · 3-bed 5%.

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 a, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q328AED 2,415
2015 Q419AED 2,415
2016 Q11AED 2,147
2016 Q26AED 1,752
2016 Q43AED 1,729
2017 Q11AED 3,016
2017 Q33AED 2,042
2018 Q12AED 2,343
Two different markets

Launch vs Resale

Serenia Residences Building a also has 107 ready-market resales registered with the DLD, the first on 18 April 2018 - 32 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
107
11 in the last 2 years
Resale median /sqft
AED 3,434
last 2 years
Resale vs launch
+52%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Serenia Residences Building a →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
938 sqft · 10 January 2018
AED 2,350,000
AED 2,505 /sqft
Apartment · 1 Bed
1,042 sqft · 9 January 2018
AED 2,271,450
AED 2,181 /sqft
Apartment · 1 Bed
1,071 sqft · 18 September 2017
AED 1,940,000
AED 1,811 /sqft
Apartment · 1 Bed
1,042 sqft · 4 September 2017
AED 2,633,000
AED 2,528 /sqft
Apartment · 1 Bed
1,201 sqft · 18 July 2017
AED 2,453,400
AED 2,042 /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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