SERENIA RESIDENCES THE PALM

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DeveloperPALMA HOMES REAL ESTATE DEVELOPMENT L.L.C

CommunityPalm Jumeirah

AreaPalm Jumeirah

Started

10 years 9 months ago01-04-2015

Handover

7 years 11 months ago28-01-2018

Status

CompleteFinished

Project Description

Residential towers (A,B&C) consist of Common B x Three towers(G+ 8 typical floors + Penthouse on 9th floor), with external and internal finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Stable

-1%

Decline

Current:AED 3,270/sqft

Last 12M:AED 3,303/sqft

Momentum: Last 12Mvs Prior Year

Rising

+3%

Growth

Last 12M:AED 3,303/sqft

Prior Year:AED 3,193/sqft

Community Compare: Last 90DPalm Jumeirah

At Market

-1%

Below Avg

Project:AED 3,270/sqft

Community:AED 3,306/sqft

Liquidity: Last 12MExit Speed

Moderate

12%Turnover

28Sold (Last 12M)

Supply & Demand Matrix

SERENIA RESIDENCES THE PALM averaged 12% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

92 units

11 sold81 left

12%

Velocity

2 Bedrooms

97 units

13 sold84 left

13%

Velocity

3 Bedrooms

44 units

3 sold41 left

Velocity

4 Bedrooms

8 units

1 sold7 left

13%

Velocity

5 Bedrooms

1 units

0 sold1 left

Velocity

Layouts & Units (242)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 7 units	Type Flat	Beds 2 B/R	Size 1,724 sqft	Avg Price AED 4.4M	Last Price AED 6.3M	Last Sold 16 days ago	Sales 10

Units 7 units	Type Flat	Beds 1 B/R	Size 1,134 sqft	Avg Price AED 3.0M	Last Price AED 3.9M	Last Sold 17 days ago	Sales 8

Units 6 units	Type Flat	Beds 1 B/R	Size 935 sqft	Avg Price AED 2.6M	Last Price AED 3.4M	Last Sold 30 days ago	Sales 5

Units 7 units	Type Flat	Beds 1 B/R	Size 900 sqft	Avg Price AED 2.1M	Last Price AED 2.4M	Last Sold 2 months ago	Sales 9

Units 7 units	Type Flat	Beds 3 B/R	Size 5,520 sqft	Avg Price AED 15.6M	Last Price AED 22.0M	Last Sold 3 months ago	Sales 14

Units 7 units	Type Flat	Beds 1 B/R	Size 1,034 sqft	Avg Price AED 2.7M	Last Price AED 3.0M	Last Sold 3 months ago	Sales 8

Units 3 units	Type Flat	Beds 2 B/R	Size 1,704 sqft	Avg Price AED 3.7M	Last Price AED 4.2M	Last Sold 5 months ago	Sales 5

Units 7 units	Type Flat	Beds 3 B/R	Size 4,877 sqft	Avg Price AED 14.2M	Last Price AED 23.0M	Last Sold 5 months ago	Sales 8

Units 8 units	Type Flat	Beds 3 B/R	Size 2,886 sqft	Avg Price AED 9.1M	Last Price AED 10.0M	Last Sold 6 months ago	Sales 10

Units 7 units	Type Flat	Beds 2 B/R	Size 1,782 sqft	Avg Price AED 5.2M	Last Price AED 6.3M	Last Sold 6 months ago	Sales 7

Units 7 units	Type Flat	Beds 1 B/R	Size 1,063 sqft	Avg Price AED 2.5M	Last Price AED 3.6M	Last Sold 7 months ago	Sales 9

Units 7 units	Type Flat	Beds 1 B/R	Size 1,004 sqft	Avg Price AED 2.5M	Last Price AED 3.1M	Last Sold 7 months ago	Sales 8

Units 8 units	Type Flat	Beds 2 B/R	Size 1,833 sqft	Avg Price AED 4.9M	Last Price AED 7.3M	Last Sold 8 months ago	Sales 8

Units 7 units	Type Flat	Beds 2 B/R	Size 1,573 sqft	Avg Price AED 4.3M	Last Price AED 5.2M	Last Sold 9 months ago	Sales 13

Units 7 units	Type Flat	Beds 1 B/R	Size 1,202 sqft	Avg Price AED 2.6M	Last Price AED 3.1M	Last Sold 9 months ago	Sales 12

Units 8 units	Type Flat	Beds 1 B/R	Size 1,040 sqft	Avg Price AED 2.8M	Last Price AED 3.7M	Last Sold 11 months ago	Sales 5

Units 7 units	Type Flat	Beds 2 B/R	Size 1,746 sqft	Avg Price AED 4.8M	Last Price AED 6.4M	Last Sold 11 months ago	Sales 9

Units C901	Type Flat	Beds 4 B/R	Size 12,801 sqft	Avg Price AED 46.4M	Last Price AED 58.0M	Last Sold 12 months ago	Sales 4

Units 7 units	Type Flat	Beds 2 B/R	Size 1,478 sqft	Avg Price AED 4.9M	Last Price AED 5.5M	Last Sold 12 months ago	Sales 11

Units 7 units	Type Flat	Beds 1 B/R	Size 949 sqft	Avg Price AED 2.5M	Last Price AED 3.0M	Last Sold over 1 year ago	Sales 6

Units BG01	Type Flat	Beds 5 B/R	Size 12,091 sqft	Avg Price AED 32.2M	Last Price AED 28.3M	Last Sold over 1 year ago	Sales 2

Units 8 units	Type Flat	Beds 1 B/R	Size 1,071 sqft	Avg Price AED 2.4M	Last Price AED 4.0M	Last Sold over 1 year ago	Sales 8

Units CG02	Type Flat	Beds 3 B/R	Size 2,790 sqft	Avg Price AED 6.9M	Last Price AED 8.0M	Last Sold over 1 year ago	Sales 5

Units 8 units	Type Flat	Beds 2 B/R	Size 1,605 sqft	Avg Price AED 5.6M	Last Price AED 6.7M	Last Sold about 2 years ago	Sales 8

Units 7 units	Type Flat	Beds 2 B/R	Size 1,507 sqft	Avg Price AED 4.5M	Last Price AED 6.3M	Last Sold over 2 years ago	Sales 7

Units 7 units	Type Flat	Beds 1 B/R	Size 1,109 sqft	Avg Price AED 2.5M	Last Price AED 3.5M	Last Sold over 2 years ago	Sales 7

Units 7 units	Type Flat	Beds 2 B/R	Size 1,708 sqft	Avg Price AED 4.6M	Last Price AED 5.6M	Last Sold over 2 years ago	Sales 4

Units AG01	Type Flat	Beds 1 B/R	Size 1,807 sqft	Avg Price AED 2.8M	Last Price AED 3.4M	Last Sold over 2 years ago	Sales 2

Units 5 units	Type Flat	Beds 4 B/R	Size 3,337 sqft	Avg Price AED 8.9M	Last Price AED 10.0M	Last Sold almost 3 years ago	Sales 6

Units 7 units	Type Flat	Beds 1 B/R	Size 1,051 sqft	Avg Price AED 2.2M	Last Price AED 2.4M	Last Sold almost 3 years ago	Sales 7

Units 3 units	Type Flat	Beds 2 B/R	Size 1,633 sqft	Avg Price AED 3.6M	Last Price AED 4.0M	Last Sold almost 3 years ago	Sales 2

Units 7 units	Type Flat	Beds 3 B/R	Size 2,943 sqft	Avg Price AED 7.0M	Last Price AED 12.3M	Last Sold about 3 years ago	Sales 7

Units BG02	Type Flat	Beds 2 B/R	Size 3,286 sqft	Avg Price AED 7.2M	Last Price AED 7.2M	Last Sold about 3 years ago	Sales 1

Units 6 units	Type Flat	Beds 2 B/R	Size 1,621 sqft	Avg Price AED 4.7M	Last Price AED 5.8M	Last Sold over 3 years ago	Sales 4

Units 6 units	Type Flat	Beds 3 B/R	Size 2,630 sqft	Avg Price AED 7.4M	Last Price AED 8.6M	Last Sold over 3 years ago	Sales 4

Units 7 units	Type Flat	Beds 2 B/R	Size 1,526 sqft	Avg Price AED 4.0M	Last Price AED 4.7M	Last Sold almost 4 years ago	Sales 5

Units B901	Type Flat	Beds 4 B/R	Size 12,869 sqft	Avg Price AED 50.0M	Last Price AED 50.0M	Last Sold almost 4 years ago	Sales 1

Units 7 units	Type Flat	Beds 2 B/R	Size 1,334 sqft	Avg Price AED 3.3M	Last Price AED 4.1M	Last Sold about 4 years ago	Sales 4

Units AG05	Type Flat	Beds 2 B/R	Size 2,924 sqft	Avg Price AED 4.3M	Last Price AED 5.0M	Last Sold about 4 years ago	Sales 2

Units A801	Type Flat	Beds 3 B/R	Size 2,557 sqft	Avg Price AED 8.2M	Last Price AED 8.2M	Last Sold over 4 years ago	Sales 1

Units CG05	Type Flat	Beds 1 B/R	Size 1,819 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold over 4 years ago	Sales 1

Units C106	Type Flat	Beds 2 B/R	Size 1,380 sqft	Avg Price AED 2.9M	Last Price AED 2.9M	Last Sold almost 5 years ago	Sales 1

Units C101	Type Flat	Beds 3 B/R	Size 3,447 sqft	Avg Price AED 5.8M	Last Price AED 5.8M	Last Sold about 5 years ago	Sales 1

Units B101	Type Flat	Beds 3 B/R	Size 5,773 sqft	Avg Price AED 12.0M	Last Price AED 12.0M	Last Sold almost 6 years ago	Sales 1

Units AG02	Type Flat	Beds 1 B/R	Size 1,727 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold about 6 years ago	Sales 1

Units A103	Type Flat	Beds 1 B/R	Size 1,377 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold over 6 years ago	Sales 1

Units B104	Type Flat	Beds 2 B/R	Size 1,563 sqft	Avg Price AED 2.1M	Last Price AED 2.1M	Last Sold about 7 years ago	Sales 1

Units B103	Type Flat	Beds 3 B/R	Size 2,014 sqft	Avg Price AED 4.9M	Last Price AED 4.9M	Last Sold about 7 years ago	Sales 1

Units BG05	Type Flat	Beds 1 B/R	Size 2,036 sqft	Avg Price AED 2.3M	Last Price AED 2.3M	Last Sold over 7 years ago	Sales 1

Units A503	Type Flat	Beds 3 B/R	Size 2,624 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold over 7 years ago	Sales 1

Units C105	Type Flat	Beds 1 B/R	Size 1,011 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units AG03	Type Flat	Beds 1 B/R	Size 1,979 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units A613	Type Flat	Beds 2 B/R	Size 1,502 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units AG04	Type Flat	Beds 2 B/R	Size 2,983 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B102	Type Flat	Beds 3 B/R	Size 4,520 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units BG03	Type Flat	Beds 3 B/R	Size 4,908 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units CG01	Type Flat	Beds 3 B/R	Size 5,232 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units A901	Type Flat	Beds 4 B/R	Size 15,127 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

58 unique layouts covering 242 units