Project · Transactions · 2022

Serenia Residences The Palm Property Transactions 2022

59 property sales worth ⃃ 478.15M were registered in Serenia Residences The Palm in 2022, 26.3% lower than 2021 by number of sales. The median sale price was ⃃ 4,650,000 and the median price per square foot ⃃ 2,611 (+18.7% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 59 salesUpdated: 13 Nov 2026
Property sales
59
−26.3% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 478.15M
+39.1% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 4,650,000
+55.0% vs 2021
59 sales
Median price per sq ft
⃃ 2,611
+18.7% vs 2021
59 sales

What types of property sold in Serenia Residences The Palm in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments59100%⃃ 478.15M⃃ 4,650,000⃃ 2,611

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)610.2%⃃ 147.5M⃃ 22,100,000⃃ 2,721
Resale (secondary)5389.8%⃃ 330.65M⃃ 4,500,000⃃ 2,611
Ready59100%⃃ 478.15M⃃ 4,650,000⃃ 2,611

How many rental contracts were registered in Serenia Residences The Palm in 2022?

81 rental contracts (new and renewed) were registered in Serenia Residences The Palm in 2022, at a median annual rent of ⃃ 170,000 (+6.3% on 2021). Rental yields in Serenia Residences The Palm

What were the most expensive property sales in Serenia Residences The Palm in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/03/2022Serenia Residences Building B4 beds · Apartment12,869 sq ft⃃ 50,000,000Primary · Ready
22/02/2022Serenia Residences Building C4 beds · Apartment12,800 sq ft⃃ 45,000,000Primary · Ready
06/10/2022Serenia Residences Building B5 beds · Apartment12,090 sq ft⃃ 36,000,000Primary · Ready
15/12/2022Serenia Residences Building C4 beds · Apartment12,800 sq ft⃃ 32,500,000Resale · Ready
20/07/2022Serenia Residences Building B3 beds · Apartment4,877 sq ft⃃ 22,000,000Resale · Ready
20/05/2022Serenia Residences Building B3 beds · Apartment5,520 sq ft⃃ 19,200,000Resale · Ready
21/04/2022Serenia Residences Building B3 beds · Apartment5,520 sq ft⃃ 17,800,000Resale · Ready
14/06/2022Serenia Residences Building B3 beds · Apartment4,877 sq ft⃃ 16,200,000Resale · Ready
30/11/2022Serenia Residences Building C3 beds · Apartment2,886 sq ft⃃ 12,350,000Resale · Ready
20/12/2022Serenia Residences Building C3 beds · Apartment2,943 sq ft⃃ 12,250,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
20/12/2022Serenia Residences Building C3 beds · Apartment2,943 sq ft⃃ 12,250,000Resale · Ready
15/12/2022Serenia Residences Building C4 beds · Apartment12,800 sq ft⃃ 32,500,000Resale · Ready
07/12/2022Serenia Residences Building A2 beds · Apartment1,478 sq ft⃃ 4,850,000Resale · Ready
06/12/2022Serenia Residences Building C1 bed · Apartment1,034 sq ft⃃ 2,700,000Resale · Ready
30/11/2022Serenia Residences Building C3 beds · Apartment2,886 sq ft⃃ 12,350,000Resale · Ready
30/11/2022Serenia Residences Building A1 bed · Apartment1,202 sq ft⃃ 2,750,000Resale · Ready
28/11/2022Serenia Residences Building B2 beds · Apartment3,286 sq ft⃃ 7,200,000Resale · Ready
23/11/2022Serenia Residences Building B1 bed · Apartment1,134 sq ft⃃ 2,700,000Resale · Ready
21/11/2022Serenia Residences Building B2 beds · Apartment1,573 sq ft⃃ 5,000,000Resale · Ready
15/11/2022Serenia Residences Building A1 bed · Apartment949 sq ft⃃ 2,700,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2022
Serenia Residences The Palm Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Serenia Residences The Palm in 2022?
59 property sales worth ⃃ 478,147,915 were registered in Serenia Residences The Palm in 2022. That is 26.3% lower than 2021.
What was the median property price in Serenia Residences The Palm in 2022?
The median sale price was ⃃ 4,650,000 and the median price per square foot ⃃ 2,611 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Serenia Residences The Palm were off-plan or from developers?
Developer (primary) sales were 10.2% of the 59 sales and resales 89.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/serenia-residences-the-palm/2022