Unit 419, Serenity Lakes 5: what it sold for and what it is worth now

Unit 419 at Serenity Lakes 5 is a studio of 382 sq ft. It last sold for AED 370,000 on 21 Sep 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 513,000 today.

Value todayAED 513,000AED 459,000 to AED 565,000
Last saleAED 370,00021 Sep 2023 · Off-plan
Change since last sale+38.6% 
Rent (median asking, studio)AED 50,000Gross yield 9.7%
Bedroomsstudio
Size382 sq ft
Floor4 (from the unit number)
Position in the towerStack 19: units ending 19 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 419

DatePriceSizeAED/sq ftType
21 Sep 2023AED 370,000382 sq ft969Off-plan

Units ending 19 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31914 Aug 2024AED 505,100382 sq ft1,322Off-plan
21917 Jan 2023AED 326,817382 sq ft856Off-plan
1195 Aug 2021AED 670,742476 sq ft1,409Off-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 (382 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 419 at Serenity Lakes 5 worth?

About AED 513,000 (range AED 459,000 to AED 565,000), based on AED 1,342 per sq ft from registered sales up to 22 Sep 2026.

When did unit 419 last sell?

21 Sep 2023, for AED 370,000 (off-plan). It has 1 registered sale.

What rent can unit 419 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 418 · Unit 420