Serene Gardens 2 By Prescott

1. Does it pay a good rent?6.5% gross, before the service charge (not on file) (Dubai median 6.8%)6.5%Fair
2. Is it easy to let?82 yearly leases, new and renewed, across 285 units in 12 months29%Watch
3. Are rents going up?New studio leases: AED 45,000 a year ago, AED 44,000 now-2.2%Fair
4. Are prices going up?Studio: AED 1,593/sqft a year ago, 1,639 now+2.9%Fair
5. How fast do fees pay back?AED 45,528 in fees to buy a studio; rent covers it in 1.0 years1.0 yrs
6. Can I sell easily?14 sales in 12 months, 5% of the tower (11 the year before)14Watch
7. Is a lot being built nearby?712 apartments are planned in Discovery Gardens from 2026 to 2028, equal to 5% of the 13,597 homes let there today. A further 158 are past their planned date. Discovery Gardens supply by year →5%Strength
8. Did earlier buyers gain?Up 9% for launch buyers, before fees+9.4%Context

At studio, Serene Gardens 2 By Prescott has registered sale prices 57% above the Discovery Gardens median price per square foot of 1,047 AED, across 46 eligible buildings. It ranks 7th of 46 by price per square foot in Discovery Gardens.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · Studio
  8 registered sales in 12 months
  On record
• Rental evidence · Studio
  25 new and 38 renewal contracts in 12 months · rent source: this building
  On record
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  Serene Gardens 2 by Prescott: not recorded complete, 18.61% built · register data to 2026-07-06
  On record
• Developer
  Prescott · delivery record
  On record
• Building record
  DLD building record · data to 2026-10-13
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

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.

How much does a studio in Serene Gardens 2 By Prescott cost?

The median registered sale price is AED 677,500 (1,639 AED/sqft), from 8 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

Have prices in Serene Gardens 2 By Prescott risen or fallen?

Median price per square foot moved +2.9% over the last 12 months against the 12 before it, on 8 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Serene Gardens 2 By Prescott compare with Discovery Gardens?

Its 6.5% gross yield sits +0.2 pts against the Discovery Gardens median of 6.3%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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.