Serenity Lakes 5

Gulf Land Property Developers · Jumeirah Village Circle · 305 homes · Completed

A completed Gulf Land Property Developers project in Jumeirah Village Circle: 305 homes, with completion declared for Q3 2022 on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,306 per sqft, 31% above the launch quarter.

Updated 27 Oct 2026
CompletedDeclared for Q3 2022 on the register
305 homesStudios, 1 and 2 bedrooms
Jumeirah Village CircleDubai Land Department project 1554

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2021AED 1,000/sqft
Median paid, Q4 2025AED 1,305/sqft
Sales, Jul 2025 to Jun 202622
Median paidLatest quarterLaunch quarter AED 1,000
5001,000Q3 21: AED 1,000/sqft, 15 salesQ4 21: AED 653/sqft, 36 salesQ1 22: AED 898/sqft, 10 salesQ3 23: AED 1,181/sqft, 13 salesQ1 24: AED 1,001/sqft, 13 salesQ4 24: AED 1,360/sqft, 14 salesQ4 25: AED 1,305/sqft, 19 salesQ3 21Q2 22Q1 23Q4 23Q3 24Q2 25Q4 25
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20211,00015
Q4 202165336
Q1 202289810
Q3 20231,18113
Q1 20241,00113
Q4 20241,36014
Q4 20251,30519

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ3 2022Completednot dated by a resalePrice / sqftAED 1,000AED 1,306+31% on launch, resale median
Against the area. Median paid.
Serenity Lakes 51,306

13% under the Jumeirah Village Circle median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Serenity Lakes 5 handed over?

It is completed on the Dubai Land Department register, which declared completion for Q3 2022. No ready-market sale on the register dates the handover yet.

What do homes in Serenity Lakes 5 sell for?

From Jul 2025 to Jun 2026, 22 homes sold on the register at a median of AED 1,306 per sqft and AED 675K per home. By unit type: Studio AED 563K (12 sales), 1 BR AED 1.09M (9 sales). These are registered deeds, not the developer's price list.

Who built Serenity Lakes 5?

Gulf Land Property Developers. The project is registered to Gulf Land Property Developers on the Dubai Land Department register, which lists 4 projects for the developer in Dubai, 3 of them under construction.

How many homes are in Serenity Lakes 5?

305, as counted on the Dubai Land Department register. The declared mix: 116 studios, 185 1 BR, 3 2 BR.

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