Project · Transactions · 2023

Serenity Lakes 5 Property Transactions 2023

30 property sales worth ⃃ 15.83M were registered in Serenity Lakes 5 in 2023, 25.0% higher than 2022 by number of sales. The median sale price was ⃃ 461,772 and the median price per square foot ⃃ 1,077 (+21.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 30 salesUpdated: 12 Nov 2026
Property sales
30
+25.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 15.83M
+64.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 461,772
+24.2% vs 2022
30 sales
Median price per sq ft
⃃ 1,077
+21.2% vs 2022
30 sales

What types of property sold in Serenity Lakes 5 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments30100%⃃ 15.83M⃃ 461,772⃃ 1,077

How were 2023 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)2893.3%⃃ 14.36M⃃ 461,772⃃ 1,110
Resale (secondary)26.7%⃃ 1.47M⃃ 735,000⃃ 1,028
Off-plan30100%⃃ 15.83M⃃ 461,772⃃ 1,077

What were the most expensive property sales in Serenity Lakes 5 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
17/08/2023Serenity Lakes 51 bed · Apartment1,060 sq ft⃃ 1,070,000Resale · Off-plan
04/05/2023Serenity Lakes 51 bed · Apartment1,060 sq ft⃃ 1,069,070Primary · Off-plan
03/05/2023Serenity Lakes 51 bed · Apartment1,060 sq ft⃃ 1,069,070Primary · Off-plan
26/12/2023Serenity Lakes 51 bed · Apartment696 sq ft⃃ 845,740Primary · Off-plan
26/04/2023Serenity Lakes 52 beds · Apartment987 sq ft⃃ 844,050Primary · Off-plan
04/09/2023Serenity Lakes 5Studio · Apartment491 sq ft⃃ 583,380Primary · Off-plan
06/11/2023Serenity Lakes 5Studio · Apartment480 sq ft⃃ 576,216Primary · Off-plan
04/09/2023Serenity Lakes 5Studio · Apartment482 sq ft⃃ 569,409Primary · Off-plan
04/09/2023Serenity Lakes 5Studio · Apartment479 sq ft⃃ 565,598Primary · Off-plan
28/09/2023Serenity Lakes 5Studio · Apartment404 sq ft⃃ 505,100Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
26/12/2023Serenity Lakes 51 bed · Apartment696 sq ft⃃ 845,740Primary · Off-plan
18/12/2023Serenity Lakes 5Studio · Apartment381 sq ft⃃ 462,615Primary · Off-plan
18/12/2023Serenity Lakes 5Studio · Apartment384 sq ft⃃ 330,000Primary · Off-plan
17/11/2023Serenity Lakes 5Studio · Apartment382 sq ft⃃ 422,939Primary · Off-plan
06/11/2023Serenity Lakes 5Studio · Apartment480 sq ft⃃ 576,216Primary · Off-plan
28/09/2023Serenity Lakes 5Studio · Apartment404 sq ft⃃ 505,100Primary · Off-plan
21/09/2023Serenity Lakes 5Studio · Apartment380 sq ft⃃ 422,576Primary · Off-plan
21/09/2023Serenity Lakes 5Studio · Apartment382 sq ft⃃ 370,000Primary · Off-plan
08/09/2023Serenity Lakes 5Studio · Apartment383 sq ft⃃ 453,438Primary · Off-plan
04/09/2023Serenity Lakes 5Studio · Apartment479 sq ft⃃ 565,598Primary · Off-plan

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 2023 with the whole of 2022.
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/serenity-lakes-5/2023
Serenity Lakes 5 Property Transactions 2023. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/serenity-lakes-5/2023

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 Serenity Lakes 5 in 2023?
30 property sales worth ⃃ 15,831,661 were registered in Serenity Lakes 5 in 2023. That is 25.0% higher than 2022.
What was the median property price in Serenity Lakes 5 in 2023?
The median sale price was ⃃ 461,772 and the median price per square foot ⃃ 1,077 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Serenity Lakes 5 were off-plan or from developers?
Developer (primary) sales were 93.3% of the 30 sales and resales 6.7%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/serenity-lakes-5/2023