Unit 303, Serenity Lakes 5: what it sold for and what it is worth now

Unit 303 at Serenity Lakes 5 is a studio of 383 sq ft. It last sold for AED 585,000 on 1 Dec 2024. At AED 1,342 per sq ft, from 14 sales in the building in the last 12 months (studio), it is worth about AED 514,000 today.

Value todayAED 514,000AED 460,000 to AED 567,000
Last saleAED 585,0001 Dec 2024 · Off-plan
Change since last sale-12.1% 
Rent (median asking, studio)AED 50,000Gross yield 9.7%
Bedroomsstudio
Size383 sq ft
Floor3 (from the unit number)
Position in the towerStack 03: units ending 03 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 303

DatePriceSizeAED/sq ftType
1 Dec 2024AED 585,000383 sq ft1,527Off-plan
4 Sep 2023AED 461,388383 sq ft1,205Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40313 Nov 2024AED 569,409482 sq ft1,181Off-plan
4034 Sep 2023AED 569,409482 sq ft1,181Off-plan
2038 Dec 2021AED 250,000383 sq ft653Off-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 (383 sq ft). The range uses the middle half of those sales (AED 1,201 to AED 1,480 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 303 at Serenity Lakes 5 worth?

About AED 514,000 (range AED 460,000 to AED 567,000), based on AED 1,342 per sq ft from registered sales up to 22 Sep 2026.

When did unit 303 last sell?

1 Dec 2024, for AED 585,000 (off-plan). It has 2 registered sales.

What rent can unit 303 make?

A studio in Serenity Lakes 5 rents for about AED 50,000 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

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

Unit 302 · Unit 304