Unit 234, Serenity Lakes 5: what it sold for and what it is worth now

Unit 234 at Serenity Lakes 5 is a 2 bed of 987 sq ft. It last sold for AED 1,150,000 on 28 Feb 2025. At AED 1,304 per sq ft, from 25 sales in the building in the last 12 months, it is worth about AED 1,287,000 today.

Value todayAED 1,287,000AED 1,155,000 to AED 1,356,000
Last saleAED 1,150,00028 Feb 2025 · Off-plan
Change since last sale+11.9% 
Rent (median asking, 2 bed)AED 80,000Gross yield 6.2%
Bedrooms2 bed
Size987 sq ft
Floor2 (from the unit number)
Position in the towerStack 34: units ending 34 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 234

DatePriceSizeAED/sq ftType
28 Feb 2025AED 1,150,000987 sq ft1,165Off-plan
13 Mar 2024AED 1,010,529987 sq ft1,024Off-plan

Units ending 34 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
33426 Apr 2023AED 844,050987 sq ft855Off-plan

Latest 2 bed sales in Serenity Lakes 5

UnitDatePriceSizeAED/sq ftType
13316 Oct 2025AED 1,121,2501,074 sq ft1,044Resale
33426 Apr 2023AED 844,050987 sq ft855Off-plan

How we worked out the value

We took the 25 sales in Serenity Lakes 5 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,304). We multiplied it by the size of this unit (987 sq ft). The range uses the middle half of those sales (AED 1,170 to AED 1,374 per sq ft). 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 234 at Serenity Lakes 5 worth?

About AED 1,287,000 (range AED 1,155,000 to AED 1,356,000), based on AED 1,304 per sq ft from registered sales up to 22 Sep 2026.

When did unit 234 last sell?

28 Feb 2025, for AED 1,150,000 (off-plan). It has 2 registered sales.

What rent can unit 234 make?

A 2 bed in Serenity Lakes 5 rents for about AED 80,000 a year (median asking rent). That is a gross yield of 6.2% on the estimate.

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

Unit 233 · Unit 301