Unit 231, Serenity Lakes 5: what it sold for and what it is worth now

Unit 231 at Serenity Lakes 5 is a 1 bed of 1,060 sq ft. It last sold for AED 785,000 on 30 Aug 2025. At AED 1,302 per sq ft, from 10 sales in the building in the last 12 months (1 bed), it is worth about AED 1,380,000 today.

Value todayAED 1,380,000AED 1,358,000 to AED 1,389,000
Last saleAED 785,00030 Aug 2025 · Resale
Change since last sale+75.8%Building trend alone: AED 785,000
Rent (median asking, 1 bed)AED 70,000Gross yield 5.1%
Bedrooms1 bed
Size1,060 sq ft
Floor2 (from the unit number)
Position in the towerStack 31: units ending 31 share the same layout and view
BuildingSerenity Lakes 5 by Gulf Land Property Developers, handed over 2022
Registered sales of this unit3

Every registered sale of unit 231

DatePriceSizeAED/sq ftType
30 Aug 2025AED 785,0001,060 sq ft741Resale
17 Aug 2023AED 1,070,0001,060 sq ft1,009Off-plan
3 May 2023AED 1,069,0701,060 sq ft1,009Off-plan

Units ending 31 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
13116 Oct 2025AED 1,268,189970 sq ft1,307Resale
33121 Mar 2024AED 1,070,0001,060 sq ft1,009Off-plan
3313 May 2023AED 1,069,0701,060 sq ft1,009Off-plan

Latest 1 bed sales in Serenity Lakes 5

UnitDatePriceSizeAED/sq ftType
21422 Sep 2026AED 830,000886 sq ft937Resale
G0226 Aug 2026AED 850,000796 sq ft1,068Resale
G088 Dec 2025AED 1,086,280833 sq ft1,304Resale
11416 Oct 2025AED 1,165,489887 sq ft1,314Resale
G0216 Oct 2025AED 1,034,228796 sq ft1,299Resale
20216 Oct 2025AED 897,520696 sq ft1,290Resale
30116 Oct 2025AED 802,919628 sq ft1,279Resale
13016 Oct 2025AED 1,389,9341,060 sq ft1,311Resale

How we worked out the value

We took the 10 sales in Serenity Lakes 5 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,302). We multiplied it by the size of this unit (1,060 sq ft). The range uses the middle half of those sales (AED 1,281 to AED 1,310 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 785,000. 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 231 at Serenity Lakes 5 worth?

About AED 1,380,000 (range AED 1,358,000 to AED 1,389,000), based on AED 1,302 per sq ft from registered sales up to 22 Sep 2026.

When did unit 231 last sell?

30 Aug 2025, for AED 785,000 (resale). It has 3 registered sales.

What rent can unit 231 make?

A 1 bed in Serenity Lakes 5 rents for about AED 70,000 a year (median asking rent). That is a gross yield of 5.1% on the estimate.

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

Unit 230 · Unit 232