Serene Gardens 2 Al Furjan Dubai

Serene Gardens 2 is a 12-storey, 285-apartment building by Prescott Real Estate Development in Al Furjan, on the Discovery Gardens side of the community and a short walk from the Al Furjan metro station. PropertyPistol lists it from AED 599,000, which is about Rs 1.54 crore at Rs 25.75 per dirham. That buys a furnished studio of about 398 sq ft. One-bedroom units launched from AED 925,000 (about Rs 2.38 crore), and the mix runs up to three-bedroom apartments of about 2,706 sq ft.

The handover date on record is Q2 2026, which the portals print as June 2026 and PropertyPistol prints as February 2026. Construction started in January 2024. As of early September 2026 no public source confirms that keys have been handed over, so the first question to ask Prescott is whether the building has its completion certificate. This page sets out the price, the plan, the total cost of the entry studio and the honest case for and against.

At a glance

Price and unit pricing

Only two unit prices are consistently printed across the portals: the studio from AED 599,000 and the one-bed from AED 925,000. Two-bed and three-bed prices are quoted on request only. The implied rate is worked out from the smallest quoted size for each type.

Portals quote a project-wide rate of about AED 1,464 per sq ft. Al Furjan apartments as a whole average AED 1,350 to 1,400 per sq ft in 2026 on broker and DLD-based guides, with the older Nakheel stock at AED 950 to 1,150 and the newer Azizi buildings at AED 1,050 to 1,350. So the entry studio here sits about 7 to 10% above the community average. Part of that premium is the furniture and appliances, which a resale buyer of a bare unit would have to pay for separately.

The one-bed size is not itemised by any source we found, so the AED 1,320 rate in the table is an estimate on a 700 sq ft assumption. Ask for the unit-by-unit price list with the saleable area against each line before you compare it to anything.

Payment plan and total cost

The plan printed by Bayut and the developer-facing portals is 20% on booking, 40% during construction and 40% on handover. A few brokers describe a "60/40" version with part of the last 40% falling after handover; that may be a sales-office variant. The schedule that binds is the one in the SPA.

Service charges are not published for this building yet. Al Furjan apartments run about AED 12 to 18 per sq ft per year, with the newer buildings at the upper end. On a 398 sq ft studio that is roughly AED 5,000 to 7,000 a year. Add a broker's letting fee of about 5% of the first year's rent if you will not manage the unit yourself.

Location and connectivity

Al Furjan is a Nakheel master community between Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road, next to Discovery Gardens and Jebel Ali Village. Its selling point since 2020 is the Al Furjan metro station on the Route 2020 line, which the portals put under a two-minute walk from this building. That is the shortest metro walk you will find at this price in Dubai.

• Ibn Battuta Mall and Discovery Gardens: about 5 minutes by car
• Dubai Marina, JBR: about 15 minutes
• Expo City Dubai: about 15 minutes
• Al Maktoum International Airport (DWC): about 20 minutes
• Downtown Dubai: about 25 minutes

What the area is like: a mid-income, family and commuter community with a Nakheel pavilion, schools within a short drive and a lot of new mid-rise supply from Azizi, MAG, Danube and smaller developers. The Discovery Gardens edge, where this building stands, is the older and denser side. Traffic on the internal roads at peak hours is a common complaint, which is exactly why the metro walk matters.

Amenities and specifications

Prescott quotes a swimming pool, gym, children's play area, barbecue area and a games room, and delivers every apartment fully furnished with European-brand finishes and appliances plus smart-home controls. That is the same package it delivered at the first Serene Gardens and at Fairway Residences, so you can inspect a finished example before you buy. Parking allocation per unit and the furniture inventory are not itemised publicly; ask for both in writing. Final specification as per the SPA.

About the developer

Prescott Real Estate Development is a private Dubai developer founded in 2006. It has handed over Serene Gardens (184 units, Discovery Gardens), Fairway Residences (156 units, Dubai Sports City), Verano at Dubai Studio City and Prime Residency 3 (292 units, Al Furjan). Portals put its delivered total between 850 and about 1,200 units, with about 1,100 units under construction in 2025 and a stated plan of 1,500 launches by 2025. That is a working record of finishing mid-rise buildings in the outer freehold communities. It is not a listed company and it has never built a tall tower, which is fine for a 12-storey product but worth knowing.

For Indian buyers

Ownership. Al Furjan is a designated freehold area, so an Indian citizen can hold the title deed outright, in their own name, with no local partner. The DLD issues the deed; for an off-plan unit you get an Oqood registration first and the deed at handover.

Remitting the money. The RBI's Liberalised Remittance Scheme allows USD 250,000 per person per financial year, so a couple can send USD 500,000. The studio's all-in cost of about AED 623,000 is roughly USD 170,000, which fits inside one person's annual limit. Your bank will collect tax at source on LRS remittances above the annual threshold (Rs 10 lakh at the time of writing); it is creditable against your Indian tax, so budget for the cash-flow rather than the cost. Check the current rate with your CA.

Golden Visa. The property route needs AED 2 million of property value. A single unit here does not get you there; two or three units combined can, and the DLD will count them together.

Yield and tax. Al Furjan studios near the metro show gross yields of about 8% on 2026 portal data; the community band is 6.5 to 8%. On AED 599,000 that means rent of about AED 45,000 to 48,000 a year, less AED 5,000 to 7,000 in service charges. There is no annual property tax and no UAE income tax on the rent, but the rent is taxable in India as income from house property, with the 30% standard deduction and a foreign tax credit under the India-UAE treaty if any UAE tax is ever charged. Declare the property in Schedule FA of your return.

Exit. Resale of a studio in a 285-unit building competes with 96 other studios and with the new Al Furjan supply. Plan on a three to five year hold and a 2% broker fee plus the buyer's 4% DLD fee shaping the price you can ask.

Pros

• Metro on foot: the Al Furjan station is a short walk, which very few sub-AED 600,000 units in Dubai can say
• Entry ticket just above Rs 1.5 crore, inside one person's LRS limit
• Furnished delivery saves a AED 20,000 to 30,000 fit-out and lets you rent immediately
• A finished twin next door: Serene Gardens 1 shows what you will get
• About 8% gross yield on portal data for metro-side Al Furjan studios
• 40% deferred to handover on the 20/40/40 plan

Cons

• Priced above the community: about AED 1,500 per sq ft against an Al Furjan average of AED 1,350 to 1,400
• 97 studios in one building means heavy competition for tenants and buyers in year one
• Handover status unclear: the Q2 2026 date has arrived and nothing public confirms completion
• No project number or escrow bank printed by any source we checked
• The older side of Al Furjan, next to Discovery Gardens, not the villa side
• Small developer with a short, mid-rise-only record

Who this is for

• Indian investors who want a rentable, furnished Dubai studio under about Rs 1.6 crore all in
• Buyers who value a metro walk over a prime postcode
• Anyone who can fund 60% during construction from savings, not loans

Who should look elsewhere

• Buyers who need a single purchase to reach the AED 2 million Golden Visa line; compare Bond Enclave in Arjan or a Business Bay tower instead
• Anyone who wants a listed, large developer
• Buyers who need keys on a fixed date this year

Our verdict

A sound yield buy at an ordinary price. The metro walk, the furniture and a developer with a finished twin next door are real advantages; the premium over the Al Furjan average and the crowd of studios in the building are real costs. Confirm the DLD project number, the escrow account and the actual handover status before you pay a booking amount. For a ready, furnished studio at a similar budget, see Aqua O Ten in Healthcare City; for everything else we track, see all Dubai projects and our full project list.

FAQs

What is the price of Serene Gardens 2 in Al Furjan?

PropertyPistol lists it from AED 599,000, which is about Rs 1.54 crore at Rs 25.75 per dirham. That is the studio price. One-bedroom units were launched from AED 925,000 (about Rs 2.38 crore). Portals quote a project rate near AED 1,464 per sq ft; the entry studio itself works out near AED 1,500 per sq ft.

What is the payment plan?

20% on booking, 40% during construction and 40% on handover, per Bayut and the developer-facing portals. Some brokers describe a 60/40 version with a post-handover tail. Confirm the exact schedule in the SPA; add the 4% DLD fee and the Oqood registration fee on top.

When is the handover?

Q2 2026 on record, printed as June 2026 by Property Finder and Bayut; PropertyPistol prints February 2026. Construction started in January 2024. As of September 2026 no source we checked confirms handover has happened, so ask for the completion certificate.

Is Serene Gardens 2 registered with RERA?

It is an off-plan sale in Dubai, so it must be registered with the DLD and sold through an escrow account. None of the sources we checked prints the project number or the escrow bank. Ask the developer for both and confirm them on the Dubai REST app before paying anything.

Does buying here qualify for the UAE Golden Visa?

Not on the entry unit. The property route needs AED 2 million of property value. A single studio or one-bed here is well below that; you would need to combine purchases to reach the threshold.

What service charge should I expect?

No source prints the building's rate yet. Al Furjan apartments run about AED 12 to 18 per sq ft per year, so a 398 sq ft studio would be roughly AED 5,000 to 7,000 a year. The actual figure is set by the owners' association after handover.

What rental yield does Al Furjan give?

Portal data for 2026 puts Al Furjan apartments at 6.5% to 8% gross, with studios near the metro at about 8%. On a AED 599,000 studio that implies rent near AED 45,000 to 48,000 a year before service charges. Furnished units in this building should sit at the upper end.

Can an Indian citizen buy in Al Furjan?

Yes. Al Furjan is a designated freehold area, so foreign nationals can own outright with a DLD title deed. Funds go out under the RBI's Liberalised Remittance Scheme, which allows USD 250,000 per person per financial year; a couple can send USD 500,000.

What has Prescott delivered before?

Serene Gardens (184 units), Fairway Residences (156 units), Verano at Studio City and Prime Residency 3 (292 units). The firm was founded in 2006 and portals put its delivered total between 850 and about 1,200 units. It is a small developer with a working record of mid-rise buildings.

Want the current price list and a walk-through of the finished Serene Gardens next door? Talk to Realty Hunting and we will set up the visit and check the handover status with the developer first.