What is the rental yield in Serene Gardens By Prescott?

Serene Gardens By Prescott returns 7.2% gross: a median new-contract rent of AED 72,000 a year (9 Ejari contracts in 12 months) over a price benchmark of AED 1.00M (median of 14 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in Serene Gardens By Prescott cost?

The median registered sale price is AED 1.00M (1,255 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

Have prices in Serene Gardens By Prescott risen or fallen?

Median price per square foot moved +2.4% over the last 12 months against the 12 before it, on 14 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

What is the registered annual rent for a 1 bedroom in Serene Gardens By Prescott?

The median new annual rent is AED 72,000, from 9 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 By Prescott risen or fallen?

The median new annual rent changed +2.5% in the trailing 12 months against the previous 12, using 9 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.

Serene Gardens By Prescott

Under construction · 12% built
13 floors
3 lifts
232 parking bays
2 pools
Master developer Prescott

A 1 bed in Serene Gardens By Prescott costs a median AED 1.00M and rents long-let for AED 72,000/yr (7.2% gross).

1 bed · typical price

1.00MAED

AED 1,255/sqft · +2.4% on a year

Rent a year: AED 72,000
Gross yield: 7.2%
vs Discovery Gardens: 49% above the median

Cost to buy, all inAED 1.07M

Price: AED 1.00M
DLD fee 4%: AED 40,000
Agent 2% + VAT: AED 21,000
Trustee: AED 4,200

Fees repaid by rent11 months

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Is Serene Gardens By Prescott a good investment?Easy to sell and little new supply nearby; few units are let

Does it pay a good rent?7.2% gross, before the service charge (not on file) (Dubai median 6.8%)7.2%Fair
Is it easy to let?48 yearly leases, new and renewed, across 184 units in 12 months26%Watch
Are rents going up?New 1 bed leases: AED 70,250 a year ago, AED 72,000 now+2.5%Fair
Are prices going up?1 bed: AED 1,226/sqft a year ago, 1,255 now+2.4%Fair
How fast do fees pay back?AED 65,200 in fees to buy a 1 bed; rent covers it in 0.9 years0.9 yrs
Can I sell easily?25 sales in 12 months, 14% of the tower (11 the year before)25Strength
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
Did earlier buyers gain?Up 6% for launch buyers, before fees+5.6%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Serene Gardens By Prescott prices and rents by unit typeA one-bed costs about AED 1.00M and rents for about AED 72,000 a year

Type	Median price	New rent	12-month change	Sales
Studio63 units · 398 sqft	AED 650,0001,635/sqft	under 5 contracts	under 5 contracts	no prior year	6
1 bed71 units · 793 sqft	AED 1.00M1,255/sqft	7.2%+0.0 pts	AED 72,0009 contracts	+2.4%	14
2 bed50 units · 1,172 sqft	AED 1.52M1,297/sqft	not yet let	not yet let	no prior year	5

Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Discovery Gardens · area median AED 844/sqft

12-month change: +2.4%
3 years: +6.3% · +2.1%/yr
vs area median: +48.7%
Rank by price per sqft: 5th of 55

Rental income

1 bed · Discovery Gardens

Gross yield: 7.2%
Median new rent: AED 72,000/yr
Yield vs area median: +0.0 pts
Yield vs Dubai (6.8%): +0.4 pts
Renewal rent: AED 58,846/yr
New tenants pay vs sitting (34 renewals): +22.4%

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, 1 bed, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,313 · before fees

Launch, 2023–26: 1,244; +6%; 180 sales
3 years ago: 1,256; +5%; 160 sales
Previous 12 months: 1,337; −2%; 11 sales
Last 12 months: 1,313; today; 25 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Discovery Gardens

Every Discovery Gardens building with a page, ranked by price per sqft over the same 12 months, all unit types. Serene Gardens By Prescott places 8th of 78; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
4	Floarea Vista63% · Q2 2026 · off-plan 1,236/sqft	AED 1.02M	1,557+18.6%	—	+28.3%	7
5	Serene Gardens 2 By Prescott19% · off-plan 1,318/sqft	AED 712,500	1,436+9.3%	6.3%	-4.8%	14
6	Havelock Residences11% · Q4 2026 · off-plan 1,317/sqft	AED 966,600	1,419+8.1%	—	+8.4%	16
7	Beverly Gardens by Aa and Hmb Real Estate Development21% · off-plan 1,280/sqft	AED 1.03M	1,397+6.4%	4.2%	+6.2%	33
8	Serene Gardens By Prescott · this building12% · off-plan 1,255/sqft	AED 990,000	1,313	7.3%	-1.8%	25
9	Mogul Cluster Building 223	AED 643,890	1,275-2.9%	—	—	39
10	Mogul Cluster Building 225	AED 1.08M	1,190-9.4%	—	—	66
11	Mogul Cluster Building 187	AED 535,000	1,093-16.8%	—	+4.7%	37
12	Mogul Cluster Building 191	AED 545,000	1,086-17.3%	—	+5.4%	38

Rank 1 is the dearest per square foot. Differences are against Serene Gardens By Prescott (AED 1,313/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Serene Gardens By Prescott has registered sale prices 49% above the Discovery Gardens median price per square foot of 844 AED, across 55 eligible buildings. It ranks 5th of 55 by price per square foot in Discovery Gardens.

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 activity

Planned 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 supply

Supply 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 counted

Find service-charge budget evidence for Serene Gardens By Prescott

Direct 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.

About Serene Gardens By Prescott

Serene Gardens By Prescott is an under-construction (12% built) apartment building by Prescott in Discovery Gardens. 217 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors: 13
Lifts: 3
Parking bays: 232
Pools: 2
Master developer: Prescott

Nearest, as registered

Serene Gardens By Prescott: AED 1,313 per sq ft, 44% above the median Discovery Gardens building, and a 7.3% gross yield, in the top tenth of the area

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Serene Gardens By PrescottAED 1,313
Discovery Gardens, readyAED 951
Discovery Gardens, off-planAED 1,591
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Serene Gardens By PrescottDiscovery Gardens median building

Discovery Gardens7.3% vs 6.3%

Line: the 10th to 90th percentile of 3 buildings in Discovery Gardens. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Discovery Gardens, by handover quarter

Nearby in Discovery Gardens

Every building in Discovery Gardens →

Prices per sq ft around Serene Gardens By Prescott, on the map

Pills show median sale price, AED. 33 buildings pinned from Google place records and Apple geocoding · Serene Gardens By Prescott is the inverted pinOpen in Apple Maps

Beverly Gardens by Aa and Hmb Real Estate Development

Discovery Gardens · 33 sales, 12 months

1.03M

AED, resale median · 1,397/sqft

Serene Gardens 2 By Prescott

Discovery Gardens · 14 sales, 12 months

712,500

AED, resale median · 1,436/sqft

Mogul Cluster Building 206

Discovery Gardens · 126 sales, 12 months

529,522

AED, resale median · 1,020/sqft

Dg-Mes-256

Discovery Gardens · 101 sales, 12 months

540,000

AED, resale median · 1,068/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 1 bed
14 registered sales in 12 months
On record
Rental evidence · 1 bed
9 new and 34 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 by Prescott: not recorded complete, 11.86% 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

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Serene Gardens By Prescott’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: 4,447AED; 4.5% over 25 years
Monthly rent: 6,000AED; AED 72,000 a year
Cash needed at purchase: 278,200AED; 20% down plus AED 78,200 in fees

Owning costs AED 270,487 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in Serene Gardens By Prescott?: Serene Gardens By Prescott returns 7.2% gross: a median new-contract rent of AED 72,000 a year (9 Ejari contracts in 12 months) over a price benchmark of AED 1.00M (median of 14 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Serene Gardens By Prescott cost?: The median registered sale price is AED 1.00M (1,255 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
Have prices in Serene Gardens By Prescott risen or fallen?: Median price per square foot moved +2.4% over the last 12 months against the 12 before it, on 14 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
What is the registered annual rent for a 1 bedroom in Serene Gardens By Prescott?: The median new annual rent is AED 72,000, from 9 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 By Prescott risen or fallen?: The median new annual rent changed +2.5% in the trailing 12 months against the previous 12, using 9 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.

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