1-bed · 820 sqftMediterranean Cluster 49, Discovery Gardens · 3rd floor

302, Mediterranean Cluster 49

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 25 June 2022
Last soldAED 440K15 January 2013
Current rentAED 31K /yr25 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Mediterranean Cluster 49

What is 302 worth today?

Last sold for AED 440,000 in 2013

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25 Jun 2022RentedRenewal
AED 31,000/yr12 months · AED 38 per sqft
25 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 34 per sqft
20 Feb 2020RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
20 Oct 2016RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
5 Jun 2014RentedNew contract
AED 51,500/yr12 months · AED 63 per sqft
5 Jun 2013RentedNew contract
AED 49,000/yr12 months · AED 60 per sqft
15 Jan 2013Sold by developerReady
AED 440,000AED 536 per sqft
1 May 2012RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 25 June 2022.

Key facts

Type
1-bed apartment
Size
820 sqft
Floor
3rd of 5
Parking
nan
Service charge
AED 14,400 /yr
Last sold
AED 440K · January 2013

About 302, Mediterranean Cluster 49

302 is a one-bedroom apartment of 820 sqft on the 3rd floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. The developer sold it on 15 January 2013 for AED 440,000, or AED 536 per sqft, 3% below the AED 554 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 25 June 2022, is AED 31,000 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 14,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Mediterranean Cluster 49
400K600K800K2013201720212025Typical sale price by year: 2013 AED 512,500; 2014 AED 710,000; 2017 AED 655,000; 2022 AED 390,000; 2024 AED 600,000; 2025 AED 705,000; 2026 AED 745,000Sold by developer, January 2013: AED 440,000 (AED 536 per sqft)

302 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in Mediterranean Cluster 49
40K60K2012201620202024Typical rent by year: 2012 AED 45,000; 2013 AED 49,500; 2014 AED 55,500; 2015 AED 65,000; 2016 AED 66,000; 2017 AED 60,984; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 38,149; 2021 AED 32,500; 2022 AED 37,500; 2023 AED 45,000; 2024 AED 53,900; 2025 AED 64,000; 2026 AED 66,100New contract, May 2012: AED 40,000 a yearNew contract, June 2013: AED 49,000 a yearNew contract, June 2014: AED 51,500 a yearNew contract, October 2016: AED 65,000 a yearNew contract, February 2020: AED 38,000 a yearNew contract, June 2021: AED 28,000 a yearRenewal, June 2022: AED 31,000 a year

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

1-beds in Mediterranean Cluster 49, and where 302 sits

All 30 1-beds →

302 last sold in January 2013 at AED 536 per sqft, 3% below what one-beds in Mediterranean Cluster 49 were fetching at the time (AED 554). Over the last 12 months one-beds sold for AED 740,000 to 780,000, around AED 902 per sqft, and rent for AED 50,000 to 77,500 a year. 302's AED 31,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Oct 2026745,000
4 May 2026780,000
28 Feb 2026740,000
9 Oct 2025700,000
3 1-bed 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 3rd floor

All 99 units in Mediterranean Cluster 49
Value
3011-bedAED 710K · Mar 2017
303StudioAED 545K · May 2025
304StudioAED 305K · Jan 2013
305StudioAED 495K · Jul 2016
306StudioAED 305K · Jan 2013
307StudioAED 420K · Jun 2016
308StudioAED 305K · Jan 2013
1–7 of 16

302, Mediterranean Cluster 49 in numbers

  • Sold once: by the developer on 15 January 2013 for AED 440,000, or AED 536 per sqft.
  • Rented since May 2012 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 31,000 by June 2022.
  • At AED 31,000 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 14,400 a year (AED 17.61 per sqft).
  • One-beds in Mediterranean Cluster 49 sold for AED 740,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 902 per sqft.

Source: Dubai Land Department. Updated 25 June 2022.

Questions about 302, Mediterranean Cluster 49

What did unit 302 last sell for?

AED 440,000 on 15 January 2013, sold by the developer: AED 536 per sqft for 820 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 31,000 a year on the contract renewed on 25 June 2022. The previous contract, from June 2021, was AED 28,000; the unit has been rented since May 2012.

How big is unit 302?

820 sqft (76.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mediterranean Cluster 49 sold for AED 740,000 to 780,000 in the last 12 months, around AED 902 per sqft.

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Mortgage on 302, Mediterranean Cluster 49

Starts from the last sale price (AED 440K, 15 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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