diff --git a/providers/common/io/src/airflow/providers/common/io/xcom/backend.py b/providers/common/io/src/airflow/providers/common/io/xcom/backend.py
index 5fc86b8f182ee..c5144222e5cb3 100644
--- a/providers/common/io/src/airflow/providers/common/io/xcom/backend.py
+++ b/providers/common/io/src/airflow/providers/common/io/xcom/backend.py
@@ -118,8 +118,7 @@ def serialize_value(  # type: ignore[override]
         run_id: str | None = None,
         map_index: int | None = None,
     ) -> bytes | str:
-        # we will always serialize ourselves and not by BaseXCom as the deserialize method
-        # from BaseXCom accepts only XCom objects and not the value directly
+        # We will use this serialized value to write to the object store.
         s_val = json.dumps(value, cls=XComEncoder)
         s_val_encoded = s_val.encode("utf-8")
 
@@ -131,7 +130,7 @@ def serialize_value(  # type: ignore[override]
         threshold = _get_threshold()
         if threshold < 0 or len(s_val_encoded) < threshold:  # Either no threshold or value is small enough.
             if AIRFLOW_V_3_0_PLUS:
-                return s_val
+                return BaseXCom.serialize_value(value)
             else:
                 # TODO: Remove this branch once we drop support for Airflow 2
                 # This is for Airflow 2.10 where the value is expected to be bytes
@@ -160,9 +159,18 @@ def deserialize_value(result) -> Any:
 
         Compression is inferred from the file extension.
         """
-        data = BaseXCom.deserialize_value(result)
+        base_xcom_deser_result = BaseXCom.deserialize_value(result)
+        data = base_xcom_deser_result
+
+        if not AIRFLOW_V_3_0_PLUS:
+            try:
+                # When XComObjectStorageBackend is used, xcom value will be serialized using json.dumps
+                # likely, we need to deserialize it using json.loads
+                data = json.loads(base_xcom_deser_result, cls=XComDecoder)
+            except (TypeError, ValueError):
+                pass
         try:
-            path = XComObjectStorageBackend._get_full_path(data)
+            path = XComObjectStorageBackend._get_full_path(base_xcom_deser_result)
         except (TypeError, ValueError):  # Likely value stored directly in the database.
             return data
         try:
diff --git a/providers/common/io/tests/unit/common/io/xcom/test_backend.py b/providers/common/io/tests/unit/common/io/xcom/test_backend.py
index 802106024b887..99fb46a66c7e5 100644
--- a/providers/common/io/tests/unit/common/io/xcom/test_backend.py
+++ b/providers/common/io/tests/unit/common/io/xcom/test_backend.py
@@ -17,6 +17,8 @@
 # under the License.
 from __future__ import annotations
 
+from unittest.mock import MagicMock
+
 import pytest
 
 import airflow.models.xcom
@@ -102,6 +104,8 @@ def test_value_db(self, task_instance, mock_supervisor_comms, session):
         )
 
         if AIRFLOW_V_3_0_PLUS:
+            # When using XComObjectStorageBackend, the value is stored in the db is serialized with json dumps
+            # so we need to mimic that same behavior below.
             mock_supervisor_comms.get_message.return_value = XComResult(
                 key="return_value", value={"key": "value"}
             )
@@ -362,3 +366,27 @@ def test_compression(self, task_instance, session, mock_supervisor_comms):
         )
 
         assert value == {"key": "superlargevalue" * 100}
+
+    @pytest.mark.parametrize(
+        "value, expected_value",
+        [
+            pytest.param(1, 1, id="int"),
+            pytest.param(1.0, 1.0, id="float"),
+            pytest.param("string", "string", id="str"),
+            pytest.param(True, True, id="bool"),
+            pytest.param({"key": "value"}, {"key": "value"}, id="dict"),
+            pytest.param({"key": {"key": "value"}}, {"key": {"key": "value"}}, id="nested_dict"),
+            pytest.param([1, 2, 3], [1, 2, 3], id="list"),
+            pytest.param((1, 2, 3), (1, 2, 3), id="tuple"),
+            pytest.param(None, None, id="none"),
+        ],
+    )
+    def test_serialization_deserialization_basic(self, value, expected_value):
+        XCom = resolve_xcom_backend()
+        airflow.models.xcom.XCom = XCom
+
+        serialized_data = XCom.serialize_value(value)
+        mock_xcom_ser = MagicMock(value=serialized_data)
+        deserialized_data = XCom.deserialize_value(mock_xcom_ser)
+
+        assert deserialized_data == expected_value