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Studio · 486 sqftMediterranean Cluster 49, Discovery Gardens · 1st floor

103, Mediterranean Cluster 49

Sold prices and rental history: sold 3 times, last in September 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 30 September 2018
Last soldAED 215K30 September 2018
Current rentAED 44K /yr28 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 103, Mediterranean Cluster 49

What is 103 worth today?

Last sold for AED 215,000 in 2018

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30 Sep 2018SoldReady
AED 215,000AED 442 per sqft
28 Nov 2017RentedNew contract
AED 44,000/yr12 months · AED 91 per sqft
15 Nov 2015RentedRenewal
AED 47,000/yr12 months · AED 97 per sqft
15 Nov 2014RentedRenewal
AED 45,000/yr12 months · AED 93 per sqft
15 Nov 2013RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
10 Nov 2013SoldReady
AED 480,000AED 987 per sqft
26 Nov 2012Sold by developerReady
AED 300,000AED 617 per sqft
1 Jul 2012RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 30 September 2018.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
1st of 5
Parking
nan
Service charge
AED 8,600 /yr
Last sold
AED 215K · September 2018
Building
Mediterranean Cluster 49

About 103, Mediterranean Cluster 49

103 is a studio of 486 sqft on the 1st floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 30 September 2018 for AED 215,000, or AED 442 per sqft, 55% below the AED 980 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 28 November 2017, is AED 44,000 a year: a gross yield of 20.5% on the 2018 price, before the service charge of about AED 8,600 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in Mediterranean Cluster 49
200K400K2012201620202024Typical sale price by year: 2013 AED 330,000; 2014 AED 497,500; 2015 AED 470,000; 2016 AED 483,500; 2017 AED 510,000; 2018 AED 380,000; 2019 AED 320,000; 2023 AED 375,000; 2024 AED 460,000; 2025 AED 515,000Sold by developer, November 2012: AED 300,000 (AED 617 per sqft)Sold, November 2013: AED 480,000 (AED 987 per sqft)Sold, September 2018: AED 215,000 (AED 442 per sqft)

103 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 103, each contractTypical studio in Mediterranean Cluster 49
20K40K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 35,500; 2014 AED 42,000; 2015 AED 47,500; 2016 AED 46,727; 2017 AED 43,500; 2018 AED 35,000; 2019 AED 30,000; 2020 AED 25,000; 2021 AED 22,000; 2022 AED 26,000; 2023 AED 31,000; 2024 AED 40,000; 2025 AED 44,000; 2026 AED 44,000New contract, July 2012: AED 35,000 a yearNew contract, November 2013: AED 45,000 a yearRenewal, November 2014: AED 45,000 a yearRenewal, November 2015: AED 47,000 a yearNew contract, November 2017: AED 44,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mediterranean Cluster 49, and where 103 sits

All 69 studios →

103 last sold in September 2018 at AED 442 per sqft, 55% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 980). 103's AED 44,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Sep 2025525,000
4 Jun 2025515,000
27 May 2025510,000
22 May 2025535,000
0 studio sales in the last 12 months

Mediterranean Cluster 49

Building

99 apartments, studios to 1-bed over 5 floors in Discovery Gardens. 3 sold in the last 12 months.

Typical price per sqft
AED 902
Typical sale
AED 745K
Typical rent
AED 47K /yr
Typical yield
9.9%
Mediterranean Cluster 49, Discovery Gardens: prices, sales and rents →

Other units on the 1st floor

All 99 units in Mediterranean Cluster 49
Value
1011-bedAED 390K · May 2022
1021-bedAED 600K · May 2024
104StudioAED 380K · Feb 2013
105StudioAED 505K · Feb 2014
106StudioAED 335K · Mar 2013
107StudioAED 510K · Jun 2017
108StudioAED 480K · Feb 2025
1–7 of 16

103, Mediterranean Cluster 49 in numbers

  • Sold 3 times: first on 26 November 2012 for AED 300,000, last on 30 September 2018 for AED 215,000 (AED 442 per sqft).
  • Rented since July 2012 on 5 Ejari contracts, from AED 35,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2018 price is 20.5%, before a service charge of about AED 8,600 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 30 September 2018.

Questions about 103, Mediterranean Cluster 49

What did unit 103 last sell for?

AED 215,000 on 30 September 2018: AED 442 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 300,000 in November 2012.

What is the rent for unit 103?

AED 44,000 a year on the contract signed on 28 November 2017. The previous contract, from November 2015, was AED 47,000; the unit has been rented since July 2012.

How big is unit 103?

486 sqft (45.2 sqm): a studio on the 1st floor of a 5-storey tower.

What is unit 103 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 103, Mediterranean Cluster 49

Starts from the last sale price (AED 215K, 30 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 215,000
Deposit, UAE resident (20%)
AED 43,000
Deposit, non-resident (40%)
AED 86,000
Monthly over 25 years at 3.7%
AED 880

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