Unit 302, Serenity Lakes 5: what it sold for and what it is worth now

Unit 302 at Serenity Lakes 5 is a 1 bed of 696 sq ft. It last sold for AED 845,740 on 26 Dec 2023. 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 906,000 today.

Value todayAED 906,000AED 892,000 to AED 912,000
Last saleAED 845,74026 Dec 2023 · Off-plan
Change since last sale+7.1% 
Rent (median asking, 1 bed)AED 70,000Gross yield 7.7%
Bedrooms1 bed
Size696 sq ft
Floor3 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingSerenity Lakes 5 by Gulf Land Property Developers, handed over 2022
Registered sales of this unit1

Every registered sale of unit 302

DatePriceSizeAED/sq ftType
26 Dec 2023AED 845,740696 sq ft1,215Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20216 Oct 2025AED 897,520696 sq ft1,290Resale
1027 Apr 2022AED 516,800872 sq ft593Off-plan
4024 Aug 2021AED 733,000696 sq ft1,053Off-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 (696 sq ft). The range uses the middle half of those sales (AED 1,281 to AED 1,310 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 302 at Serenity Lakes 5 worth?

About AED 906,000 (range AED 892,000 to AED 912,000), based on AED 1,302 per sq ft from registered sales up to 22 Sep 2026.

When did unit 302 last sell?

26 Dec 2023, for AED 845,740 (off-plan). It has 1 registered sale.

What rent can unit 302 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 7.7% on the estimate.

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

Unit 301 · Unit 303