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Serenia Residences East Wing, Palm Jumeirah

Serenia Residences East Wing, Palm Jumeirah

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Strengths

Stunning location

Luxurious amenities

Spacious living areas

Weakens

High property prices

Limited public transport options

Noise from nearby developments

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Description

Serenia Residences East Wing, Palm Jumeirah

Real Estate Overview

Building Overview

  • Serenia Residences East Wing is a luxurious residential development located on the iconic Palm Jumeirah, an acclaimed man-made island in Dubai.
  • The building features direct beachfront access, stunning views of the Arabian Gulf, and is in close proximity to several high-end dining and shopping venues.
  • Public transportation options include easily accessible taxis and ride-sharing services, enhancing connectivity to the wider city.
  • Competing nearby properties include similar luxury apartment complexes such as The 8 and Five Palm Jumeirah, known for their exclusive amenities and beachfront locations.

Properties Overview

  • The residence offers a curated selection of properties for both rent and sale, featuring one to four-bedroom units with various layouts and views.
  • Rental prices for units typically range from AED 150,000 to AED 300,000 per year, while purchase prices can start at AED 2 million, reaching up to AED 9 million or more for penthouses.
  • Popular unit types include beach-facing apartments with expansive terraces ideal for outdoor living.

Market Trends

  • The real estate market in Palm Jumeirah has experienced a resurgence with a steady increase in rental and sale prices, reflecting the area's desirability.
  • In the past year, average rental prices have increased by approximately 12%, while property sales have seen an impressive uptick in demand, forecasting continued growth.
  • Investors can expect a competitive return on investment (ROI) of around 6-8% in this prime location.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from proximity to a variety of essential services, including supermarkets such as Spinneys and Carrefour, high-ranking schools like Horizon English School, and health facilities including Mediclinic and Emirates Hospital.

Transportation and Accessibility

  • The building enjoys excellent access to public transport options, including the Palm Monorail, and features ample parking for residents and guests.
  • Key routes leading in and out of Palm Jumeirah are well connected, facilitating smooth travel to Dubai’s key attractions.

Lifestyle Amenities

  • On-site amenities include a state-of-the-art fitness center, swimming pools, private beach access, and a range of gourmet dining options nearby.
  • The surrounding area features upscale hotels, spas, and leisure facilities, catering to a cosmopolitan lifestyle.

Builing Facilities

  • Modern facilities include high-speed elevators, round-the-clock security, central air conditioning, and dedicated maintenance services, enhancing resident comfort and safety.

Special Services

  • Residents benefit from concierge services, in-residence dining, and tailored guest services, creating a luxurious living experience.
  • The building also offers business centers for professionals and creative spaces for collaborative work.

Planning Your Move or Investment

Floor Plans and Property Types

  • A diverse range of floor plans is available, catering to varied lifestyle requirements from singles to families, with options for custom layouts upon request.

Things to Consider

  • Potential tenants and buyers should consider proximity to essential services, community amenities, property maintenance fees, and investment potential.
  • Visiting the property at different times can also provide insights into noise levels and community atmosphere.

Useful FAQs and Support

Events and Building Life

Building Events

  • Serenia Residences promotes community engagement through regular events such as holiday celebrations, fitness classes, and social gatherings, encouraging neighborly connections.

Community Identity

  • What sets Serenia Residences apart is its commitment to luxury living combined with community spirit, enriched by art installations and landscaped gardens that enhance overall ambiance.

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Detailed Buiding Insights

1. Family Friendliness

Serenia Residences East Wing is designed with families in mind, offering spacious living spaces, child-friendly amenities, and easy access to the beach, making it a great choice for those with children.

Exceptionally Welcoming

2. Living Options

The community offers a range of luxurious apartments with different layouts and sizes, catering to various lifestyle preferences, from young couples to large families.

Diverse and Luxurious

3. Safety And Security

The residence is equipped with advanced security systems and 24/7 security personnel, ensuring a safe living environment for all residents.

Remarkably Secure

4. Transportation

While public transport options are limited, residents can easily access major roadways and have convenient connections to nearby attractions and business hubs.

Moderately Convenient

5. Amenities And Facilities

Serenia offers a plethora of amenities including a private beach, swimming pools, spa services, and fully equipped gyms, enhancing the living experience for residents.

Richly Equipped

6. Cost Of Living

The cost of living reflects the luxurious lifestyle offered, which can be seen as a premium investment for those seeking high-quality living in an exclusive community.

Premium Investment

7. Things To Do

Residents have access to various activities, including beach sports, fine dining, shopping, and leisure activities within Palm Jumeirah and surrounding areas.

Vibrantly Diverse

8. Noise Levels

The community maintains a tranquil atmosphere, with well-planned layout reducing noise from both internal activities and external traffic.

Generally Peaceful

9. Pet Friendliness

Serenia Residences welcomes pets, with designated areas for walking dogs and a community vibe that supports pet owners and their furry companions.

Warmly Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

271.1K AED - 367.2K AED

Rent:

23.9K AED - 31.1K AED

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