Unit 425, Serenity Lakes 5: what it sold for and what it is worth now

Unit 425 at Serenity Lakes 5 is a 1 bed of 1,295 sq ft. It last sold for AED 1,100,000 on 20 May 2024. 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 1,686,000 today.

Value todayAED 1,686,000AED 1,659,000 to AED 1,697,000
Last saleAED 1,100,00020 May 2024 · Off-plan
Change since last sale+53.3% 
Rent (median asking, 1 bed)AED 70,000Gross yield 4.2%
Bedrooms1 bed
Size1,295 sq ft
Floor4 (from the unit number)
Position in the towerStack 25: units ending 25 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 425

DatePriceSizeAED/sq ftType
20 May 2024AED 1,100,0001,295 sq ft849Off-plan

Units ending 25 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32530 May 2023AED 365,266382 sq ft956Off-plan
12517 Jan 2023AED 481,580478 sq ft1,007Off-plan
22523 Nov 2022AED 326,816382 sq ft856Off-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 (1,295 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 425 at Serenity Lakes 5 worth?

About AED 1,686,000 (range AED 1,659,000 to AED 1,697,000), based on AED 1,302 per sq ft from registered sales up to 22 Sep 2026.

When did unit 425 last sell?

20 May 2024, for AED 1,100,000 (off-plan). It has 1 registered sale.

What rent can unit 425 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 4.2% on the estimate.

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

Unit 424 · Unit G01