SERENE REAL ESTATE DEVELOPMENTS L.L.C · Selling since 2013 · recent sales mostly resales
completed per DLD · 100% complete · buildings · 71 units · 1 building · DLD target completion May 2025
Registered developer: SERENE REAL ESTATE DEVELOPMENTS L.L.C (DLD no. 1490)
Escrow account with Mashreq Bank · Zoned by Trakhees
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Median annual rent of AED 70,000 across 3,281 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
AED 1,320/sqft
—
11 months
Registered resales here span 11 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in 555 Park Views — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what completed homes of that size actually sold for in 555 Park Views over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in 555 Park Views itself; the rest are homes of the same size in Jumeirah Village Triangle, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 1.34M | AED 76,000/yrsame size in Jumeirah Village Triangle | 5.7% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 6.7% instead of 5.7%, because it prices the home at AED 1.14M — the median across every sale on record — rather than the AED 1.34M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 15/sqft across 5 buildings, most recently filed for 2023. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 13,018 | AED 62,982 | 5.7% | 4.7% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Over the last twelve months a completed 1-bedroom in 555 Park Views sold for a median AED 1.34M (10 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
A 1-bedroom rents for a median AED 76,000/yr (homes of about that size in Jumeirah Village Triangle, 341 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match 555 Park Views, so every figure above is the rent for homes of that size in Jumeirah Village Triangle — the area's rent, not this project's own.
Gross yields on completed homes in 555 Park Views run about 5.7% on a 1-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
0% of the 15 sales registered in 555 Park Views in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
The Land Department's register holds 95 sales in 555 Park Views, the earliest registered in 2013. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Price vs. Jumeirah Village Triangle median
-18.3%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →When 555 Park Views completed in May 2025, 4 other other projects in Jumeirah Village Triangle were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 44 more other projects in Jumeirah Village Triangle are still in the pipeline overall.
Transport, schools, healthcare, and daily essentials within 3 km.
90 m
Kinderopvang smallsteps leidsche rijn
2.1 km
Mediclinic Springs
1.1 km
Star Mart Supermarket
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Jumeirah Village Triangle — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Priced from each tower’s own registered sales, rather than the project median above.
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.