Unit 516, Al Serh Residences 11: what it sold for and what it is worth now

Unit 516 at Al Serh Residences 11 is a 2 bed of 1,629 sq ft. It last sold for AED 1,659,200 on 11 May 2025. At AED 1,037 per sq ft, from 4 sales in the building in the last 12 months (2 bed), it is worth about AED 1,689,000 today.

Value todayAED 1,689,000AED 1,642,000 to AED 1,866,000
Last saleAED 1,659,20011 May 2025 · Off-plan
Change since last sale+1.8% 
Rent (median asking, 2 bed)AED 164,999Gross yield 9.8%
Bedrooms2 bed
Size1,629 sq ft
Floor5 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingAl Serh Residences 11 by ASAK Real Estate Development, handed over 2025
Registered sales of this unit1

Every registered sale of unit 516

DatePriceSizeAED/sq ftType
11 May 2025AED 1,659,2001,629 sq ft1,019Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4167 Sep 2025AED 1,268,250778 sq ft1,630Off-plan
11611 Jun 2025AED 1,242,000943 sq ft1,317Off-plan
21625 Mar 2025AED 1,183,700778 sq ft1,521Off-plan
31611 Mar 2025AED 1,194,150778 sq ft1,535Off-plan

Latest 2 bed sales in Al Serh Residences 11

UnitDatePriceSizeAED/sq ftType
2016 Aug 2026AED 1,500,0001,532 sq ft979Resale
20124 Mar 2026AED 2,165,0001,532 sq ft1,413Resale
50312 Feb 2026AED 1,650,0001,622 sq ft1,017Resale
5154 Feb 2026AED 1,700,0001,609 sq ft1,057Resale
50310 Aug 2025AED 1,787,1201,622 sq ft1,102Off-plan
40130 Jun 2025AED 2,163,0001,532 sq ft1,412Off-plan
50212 May 2025AED 2,056,2301,736 sq ft1,184Off-plan
30111 May 2025AED 2,080,0001,532 sq ft1,358Off-plan

How we worked out the value

We took the 4 sales in Al Serh Residences 11 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,037). We multiplied it by the size of this unit (1,629 sq ft). The range uses the middle half of those sales (AED 1,008 to AED 1,146 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 6 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 516 at Al Serh Residences 11 worth?

About AED 1,689,000 (range AED 1,642,000 to AED 1,866,000), based on AED 1,037 per sq ft from registered sales up to 6 Aug 2026.

When did unit 516 last sell?

11 May 2025, for AED 1,659,200 (off-plan). It has 1 registered sale.

What rent can unit 516 make?

A 2 bed in Al Serh Residences 11 rents for about AED 164,999 a year (median asking rent). That is a gross yield of 9.8% on the estimate.

Sales alert for Al Serh Residences 11All sales in Al Serh Residences 11

Unit 515