Unit 408 at Serenity Lakes 5 is a studio of 585 sq ft. It last sold for AED 520,000 on 18 Mar 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 785,000 today.
| Bedrooms | studio |
|---|---|
| Size | 585 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 share the same layout and view |
| Building | Serenity Lakes 5 by Gulf Land Property Developers, handed over 2022 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 18 Mar 2024 | AED 520,000 | 585 sq ft | 889 | Off-plan |
| 24 Feb 2024 | AED 591,370 | 585 sq ft | 1,011 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 308 | 5 Aug 2026 | AED 600,000 | 382 sq ft | 1,571 | Resale |
| 208 | 19 Mar 2025 | AED 570,000 | 382 sq ft | 1,492 | Off-plan |
| 208 | 27 Apr 2023 | AED 326,536 | 382 sq ft | 855 | Off-plan |
| 308 | 6 Sep 2022 | AED 360,000 | 382 sq ft | 942 | Off-plan |
| 108 | 1 Mar 2022 | AED 365,112 | 453 sq ft | 806 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 308 | 5 Aug 2026 | AED 600,000 | 382 sq ft | 1,571 | Resale |
| G14 | 8 Jul 2026 | AED 430,000 | 403 sq ft | 1,067 | Resale |
| 328 | 4 Mar 2026 | AED 565,000 | 381 sq ft | 1,483 | Resale |
| 304 | 23 Dec 2025 | AED 560,000 | 382 sq ft | 1,466 | Resale |
| 223 | 26 Nov 2025 | AED 605,000 | 382 sq ft | 1,584 | Resale |
| 104 | 11 Nov 2025 | AED 468,449 | 453 sq ft | 1,034 | Resale |
| 106 | 16 Oct 2025 | AED 530,000 | 453 sq ft | 1,170 | Resale |
| G14 | 16 Oct 2025 | AED 522,223 | 403 sq ft | 1,296 | Resale |
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 (585 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.
About AED 785,000 (range AED 703,000 to AED 866,000), based on AED 1,342 per sq ft from registered sales up to 22 Sep 2026.
18 Mar 2024, for AED 520,000 (off-plan). It has 2 registered sales.
A studio in Serenity Lakes 5 rents for about AED 50,000 a year (median asking rent). That is a gross yield of 6.4% on the estimate.
Sales alert for Serenity Lakes 5All sales in Serenity Lakes 5