Serenia Residences East Wing, Palm Jumeirah

Palm Jumeirah, Dubai

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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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Strengths

Stunning location

Located on the iconic Palm Jumeirah, providing breathtaking views of the sea and the skyline.

Luxurious amenities

Features a private beach, infinity pool, and state-of-the-art fitness center.

Spacious living areas

Offers generously sized apartments with high ceilings and modern design.

Weaknesses

High property prices

The cost of living in this area is above average, which may not be accessible for everyone.

Limited public transport options

While private transport is convenient, public transport accessibility is limited.

Noise from nearby developments

Construction and development in the vicinity can lead to occasional noise disturbances.

Considerations

Market trends

Potential buyers should monitor real estate trends in the area for investment insights.

Community lifestyle

Residents may want to consider the community dynamics and lifestyle compatibility.

Insurance costs

Due to its location, property insurance may be higher than average.

Buildign Overview

Summary

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

Schools

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Key Information

Developer: Palma Holdings

Building Type: Residential

Building Age: 9 years(completed in 2015)

Unit Types : 1, 2 and 3-bed apartments and penthouses

Floors: 9-storey

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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