Unit 230, Serenity Lakes 5: what it sold for and what it is worth now

Unit 230 at Serenity Lakes 5 is a studio of 381 sq ft. It last sold for AED 610,000 on 30 Sep 2025. At AED 1,342 per sq ft, from 14 sales in the building in the last 12 months (studio), it is worth about AED 511,000 today.

Value todayAED 511,000AED 458,000 to AED 564,000
Last saleAED 610,00030 Sep 2025 · Resale
Change since last sale-16.2%Building trend alone: AED 609,217
Rent (median asking, studio)AED 50,000Gross yield 9.8%
Bedroomsstudio
Size381 sq ft
Floor2 (from the unit number)
Position in the towerStack 30: units ending 30 share the same layout and view
BuildingSerenity Lakes 5 by Gulf Land Property Developers, handed over 2022
Registered sales of this unit2

Every registered sale of unit 230

DatePriceSizeAED/sq ftType
30 Sep 2025AED 610,000381 sq ft1,601Resale
7 Jul 2023AED 454,850381 sq ft1,194Off-plan

Units ending 30 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
13016 Oct 2025AED 1,389,9341,060 sq ft1,311Resale
33012 Dec 2021AED 250,000381 sq ft656Off-plan

Latest studio sales in Serenity Lakes 5

UnitDatePriceSizeAED/sq ftType
3085 Aug 2026AED 600,000382 sq ft1,571Resale
G148 Jul 2026AED 430,000403 sq ft1,067Resale
3284 Mar 2026AED 565,000381 sq ft1,483Resale
30423 Dec 2025AED 560,000382 sq ft1,466Resale
22326 Nov 2025AED 605,000382 sq ft1,584Resale
10411 Nov 2025AED 468,449453 sq ft1,034Resale
10616 Oct 2025AED 530,000453 sq ft1,170Resale
G1416 Oct 2025AED 522,223403 sq ft1,296Resale

How we worked out the value

We took the 14 sales in Serenity Lakes 5 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,342). We multiplied it by the size of this unit (381 sq ft). The range uses the middle half of those sales (AED 1,201 to AED 1,480 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 609,217. Floor, view, condition and upgrades can move the price either way. Sales data to 22 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 230 at Serenity Lakes 5 worth?

About AED 511,000 (range AED 458,000 to AED 564,000), based on AED 1,342 per sq ft from registered sales up to 22 Sep 2026.

When did unit 230 last sell?

30 Sep 2025, for AED 610,000 (resale). It has 2 registered sales.

What rent can unit 230 make?

A studio in Serenity Lakes 5 rents for about AED 50,000 a year (median asking rent). That is a gross yield of 9.8% on the estimate.

Sales alert for Serenity Lakes 5All sales in Serenity Lakes 5

Unit 229 · Unit 231