Serene Gardens by Prescott

1. Is it on schedule?12% built in July 2026; the register gives no handover date · DLD project register, Jul 202612%Context
2. Is my money protected?Payments go to an escrow account at بنك المشرق (شركة مساهمة عامة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,313/sqft, 17.5% below the Discovery Gardens off-plan median across 9 projects-17.5%Context
4. Is it selling?25 off-plan sales registered in the last 12 months, of 184 units; the latest on 6 Oct 202625Context
5. Who is building it?Prescott, licence no. 1207Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك المشرق (شركة مساهمة عامة)

Developer, as licensed

PRESCOTT REAL ESTATE DEVELOPMENT L.L.C (no. 1207)

Master developer

Nakheel

Registered start

September 2023

Configuration

G+1P+10F+R Residential.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

What does Serene Gardens by Prescott cost per square foot?

AED 1,313 per sqft, the median of 25 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 990,000. That is 17.5% below the Discovery Gardens off-plan median across 9 projects.

Is Serene Gardens by Prescott in escrow?

Yes: the Land Department register names بنك المشرق (شركة مساهمة عامة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Serene Gardens by Prescott?

PRESCOTT REAL ESTATE DEVELOPMENT L.L.C, licence no. 1207, by the register’s own licence number; the master developer that owns the land is Nakheel. Dubai Land Department project register as of July 2026.

How many units does Serene Gardens by Prescott have?

184 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.