Serene Gardens 2 By Prescott rents
- 30 new leases and 52 renewals in 12 months
- 285 units
- Discovery Gardens
A studio here leases for about AED 44,000 a year. New tenants pay more than renewing ones, who pay AED 37,743.
Studio · typical new lease
44,000AEDa year
AED 90/sqft · -2.2% on a year
- A month, roughly
- AED 3,667
- Renewal
- AED 37,743
- New leases, 12 months
- 25
What should a lease in Serene Gardens 2 By Prescott cost?A studio leases for about AED 44,000 a year; new tenants pay 16.6% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Discovery Gardens median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A studio here now costs 2.2% less than a year earlier: AED 44,000 against 45,000.
Chart data, Studio: Aug 2010, AED 40,328; latest, Oct 2026, AED 45,000; peak, Jul 2015, AED 52,000.
Showing the 60 most recent of 82 contracts starting on or after 12 Oct 2025.
About Serene Gardens 2 By PrescottA 13-floor tower in Discovery Gardens, a 12-minute drive from Dubai Marina
Serene Gardens 2 By Prescott is an under-construction (19% built) apartment building by Prescott in Discovery Gardens. 82 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 13
- Lifts
- 4
- Parking bays
- 362
- Pools
- 1
- Master developer
- Prescott
Drive times · typical
- Downtown
- 25 min · 27 km
- DXB Airport
- 29 min · 39 km
- DIFC
- 21 min · 30 km
- Dubai Marina
- 12 min · 7.5 km
- Palm Jumeirah
- 21 min · 18 km
Nearest, as registered
Letting a unit in Serene Gardens 2 By Prescott?29% of units here signed a yearly lease in 12 months; new tenants pay more than renewing ones
- Units on a yearly lease
- 29%Watch
- 82 leases, new and renewed, across 285 units
- New tenant vs renewal
- +7.1%
- New leases AED 45,000, renewals 42,000, all types
Ejari leases to 12 Oct 2026
Thinking of selling? Serene Gardens 2 By Prescott sale prices →Market context in Discovery Gardens
Registered sales activity
1,009 ready apartment sales in the 12 months to 2026-10-12.
+14.0% in median AED/sqft versus the preceding year, supported by 1,009 current and 924 prior price observations.
Explore sales activityPlanned apartment projects
712 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 5 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
712 apartments are planned in Discovery Gardens from 2026 to 2028, equal to 5% of the 13,597 homes let there today.
Ready prices per sqft fell in 8% of 24 buildings (counted once per bedroom type) in Discovery Gardens with sales in both years; the typical one moved +5.9%.
The pooled median moved +14.0%: 8.1 points more than the typical building, because different buildings traded in each year.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
More from Prescott
Prime Residency 3
Al Furjan · 176 contracts, 12 months
50,000
AED a year median · 111/sqft
ELEVATE by Prescott
Arjan · 132 contracts, 12 months
54,000
AED a year median · 111/sqft
Prime Views by Prescott
Meydan · 72 contracts, 12 months
87,500
AED a year median · 95/sqft
Prime Gardens
Arjan · 48 contracts, 12 months
76,085
AED a year median · 109/sqft
Nearby in Discovery Gardens
Prices per sq ft around Serene Gardens 2 By Prescott, on the mapPrices per sq ft around Serene Gardens 2 By Prescott, on the map
Beverly Gardens by Aa and Hmb Real Estate Development
Discovery Gardens · 35 contracts, 12 months
43,000
AED a year median · 88/sqft
Serene Gardens By Prescott
Discovery Gardens · 9 contracts, 12 months
72,000
AED a year median · 75/sqft
California BY SD
Discovery Gardens · 4 contracts, 12 months
88,945
AED a year median · 82/sqft
Enqlave By Aqasa
Discovery Gardens · 3 contracts, 12 months
65,000
AED a year median · 66/sqft
Ask about Serene Gardens 2 By Prescott
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Common questions
- What is the registered annual rent for a studio in Serene Gardens 2 By Prescott?
- The median new annual rent is AED 44,000, from 25 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Serene Gardens 2 By Prescott risen or fallen?
- The median new annual rent changed -2.2% in the trailing 12 months against the previous 12, using 25 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Serene Gardens 2 By Prescott pay more than sitting ones?
- A new tenant pays +16.6% against a renewing one, across 38 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Serene Gardens 2 By Prescott?
- 8 sales were registered with the Dubai Land Department in the last 12 months, alongside 25 Ejari rental contracts. Every median on this page rests on those counts.
- What is the rental yield in Serene Gardens 2 By Prescott?
- Serene Gardens 2 By Prescott returns 6.5% gross: a median new-contract rent of AED 44,000 a year (25 Ejari contracts in 12 months) over a price benchmark of AED 677,500 (median of 8 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
For agents
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Serene Gardens 2 By Prescott rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 25 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Serene Gardens 2 By Prescott rents and yield.” Discovery Gardens, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/discovery-gardens/serene-gardens-2-by-prescott
Stable dataJSON