Photos and renders of the building and grounds — not of this particular unit.
Serene Gardens
Studio
About the building
12-storey residential building in Discovery Gardens. Developer — Prescott Real Estate Development. Architect — Federal Engineering Consultants.
Where it is
Al Furjan
A mid-market district between Discovery Gardens and Jebel Ali with two metro stations — the quiet alternative to JVC.
- metro access at mid-market prices
- quieter than JVC
- stable tenants
What to check: Measure the actual walking distance to the metro station rather than trusting the listing. In a Dubai summer a fifteen-minute walk is not a walk, and only genuine proximity earns the rent premium.
Full district guide →Questions and answers about lot NP9-108640
How much is this studio in Serene Gardens?
Lot NP9-108640 is priced at AED 695 000, about $189 000. The size is 480 sq ft (45 m²), which works out at AED 1 448 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Serene Gardens?
The database holds 2 lots in Serene Gardens right now, from AED 695 000 to AED 1 070 000.
Is this expensive or cheap for Al Furjan?
The database holds 32 lots in Al Furjan, starting from AED 650 000. The area median is AED 1 378 per sq ft; this lot, at AED 1 448, is 5% above it. 6 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Al Furjan area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 139 000; a loan of AED 556 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 900–3 200 a month. A non-resident puts down from 40% (AED 278 000) and pays about AED 2 100–2 400 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 27 800 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
The lot's price is AED 55 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 305 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.
Golden Visa and residence visas →What is known about Serene Gardens?
The building has 12 floors and 184 units. The developer is Prescott Real Estate Development. Figures are from the project passport: Propsearch and the Dubai Land Department.
Serene Gardens project page →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-108640 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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