Unit 312, Serenity Lakes 5: what it sold for and what it is worth now

Unit 312 at Serenity Lakes 5 is a studio of 384 sq ft. It last sold for AED 330,000 on 18 Dec 2023. At AED 1,342 per sq ft, from 14 sales in the building in the last 12 months (studio), it is worth about AED 515,000 today.

Value todayAED 515,000AED 461,000 to AED 568,000
Last saleAED 330,00018 Dec 2023 · Off-plan
Change since last sale+56.1% 
Rent (median asking, studio)AED 50,000Gross yield 9.7%
Bedroomsstudio
Size384 sq ft
Floor3 (from the unit number)
Position in the towerStack 12: units ending 12 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 312

DatePriceSizeAED/sq ftType
18 Dec 2023AED 330,000384 sq ft859Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41226 Jun 2024AED 750,000585 sq ft1,282Off-plan
11225 Apr 2024AED 520,000383 sq ft1,358Off-plan
21226 Jul 2023AED 462,156383 sq ft1,207Off-plan
21219 Jul 2023AED 462,156383 sq ft1,207Off-plan
11214 Jul 2021AED 385,130383 sq ft1,006Off-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 (384 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 312 at Serenity Lakes 5 worth?

About AED 515,000 (range AED 461,000 to AED 568,000), based on AED 1,342 per sq ft from registered sales up to 22 Sep 2026.

When did unit 312 last sell?

18 Dec 2023, for AED 330,000 (off-plan). It has 1 registered sale.

What rent can unit 312 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 311 · Unit 313