2-bed · 1,121 sqftSerene Gardens 2, Al Furjan · 5th floor

516, Serene Gardens 2

Sold prices and rental history: sold once, by the developer in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 7 March 2024
Last soldAED 1.33M7 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Serene Gardens 2

What is 516 worth today?

Last sold for AED 1,330,000 in 2024

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7 Mar 2024Sold by developerOff-plan
AED 1,330,000AED 1,186 per sqft

Source: Dubai Land Department. Updated 7 March 2024.

Key facts

Type
2-bed apartment
Size
1,121 sqft
Floor
5th of 10
Parking
1
Developer
Prescott Real Estate Development
Last sold
AED 1.33M · March 2024

About 516, Serene Gardens 2

516 is a two-bedroom apartment of 1,121 sqft on the 5th floor of Serene Gardens 2, a 10-storey tower in Al Furjan by Prescott Real Estate Development . The developer sold it on 7 March 2024 for AED 1,330,000, or AED 1,186 per sqft, 8% below the AED 1,295 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Serene Gardens 2, and where 516 sits

All 46 2-beds →

516 last sold in March 2024 at AED 1,186 per sqft, 8% below what two-beds in Serene Gardens 2 were fetching at the time (AED 1,295).

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jan 20251,750,000
14 Aug 20241,300,000
11 Jun 20241,558,200
31 May 20241,625,000
0 2-bed sales in the last 12 months

Serene Gardens 2

Building

279 apartments, studios to 3-bed over 10 floors in Al Furjan by Prescott Real Estate Development . 13 sold in the last 12 months.

Typical price per sqft
AED 1,423 Down 8.8%
Typical sale
AED 736K
Typical rent
Few contracts
Typical yield
Serene Gardens 2, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 279 units in Serene Gardens 2
Value
5011-bedAED 1.09M · May 2024
5023-bedAED 1.66M · Mar 2024
503StudioAED 629K · Apr 2024
5041-bedAED 1.05M · May 2024
5051-bedAED 1.05M · Apr 2024
506StudioAED 622K · Apr 2024
5072-bedAED 1.75M · Jan 2025
1–7 of 30

516, Serene Gardens 2 in numbers

  • Sold once: by Prescott Real Estate Development on 7 March 2024 for AED 1,330,000, or AED 1,186 per sqft.

Source: Dubai Land Department. Updated 7 March 2024.

Questions about 516, Serene Gardens 2

What did unit 516 last sell for?

AED 1,330,000 on 7 March 2024, sold by the developer: AED 1,186 per sqft for 1,121 sqft. It is the only registered sale of the unit.

How big is unit 516?

1,121 sqft (104.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 516, Serene Gardens 2

Starts from the last sale price (AED 1.33M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →