Studio · 528 sqftMediterranean Cluster 49, Discovery Gardens · 3rd floor

304, 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 304 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 305K15 January 2013
Current rentAED 47K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Mediterranean Cluster 49

What is 304 worth today?

Last sold for AED 305,000 in 2013

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10 Jul 2026RentedRenewal
AED 47,000/yr12 months · AED 89 per sqft
10 Jul 2025RentedRenewal
AED 46,000/yr12 months · AED 87 per sqft
10 Jul 2025RentedRenewal
AED 46,000/yr12 months · AED 87 per sqft
10 Jul 2024RentedNew contract
AED 43,000/yr12 months · AED 82 per sqft
1 Jul 2023RentedNew contract
AED 35,000/yr12 months · AED 66 per sqft
15 Sep 2021RentedNew contract
AED 21,000/yr12 months · AED 40 per sqft
1 Jul 2018RentedNew contract
AED 39,000/yr12 months · AED 74 per sqft
13 Jun 2014RentedNew contract
AED 37,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
528 sqft
Floor
3rd of 5
Parking
nan
Service charge
AED 9,300 /yr
Last sold
AED 305K · January 2013

About 304, Mediterranean Cluster 49

304 is a studio of 528 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 305,000, or AED 578 per sqft, 15% below the AED 682 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 47,000 a year: a gross yield of 15.4% on the 2013 price, before the service charge of about AED 9,300 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Mediterranean Cluster 49
300K400K500K2013201720212025Typical 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, January 2013: AED 305,000 (AED 578 per sqft)

304 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 304, 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, June 2012: AED 33,000 a yearNew contract, June 2014: AED 37,000 a yearNew contract, July 2018: AED 39,000 a yearNew contract, September 2021: AED 21,000 a yearNew contract, July 2023: AED 35,000 a yearNew contract, July 2024: AED 43,000 a yearRenewal, July 2025: AED 46,000 a yearRenewal, July 2025: AED 46,000 a yearRenewal, July 2026: AED 47,000 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 304 sits

All 69 studios →

304 last sold in January 2013 at AED 578 per sqft, 15% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 682). 304's AED 47,000 is in the upper 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 3rd floor

All 99 units in Mediterranean Cluster 49
Value
3011-bedAED 710K · Mar 2017
3021-bedAED 440K · Jan 2013
303StudioAED 545K · May 2025
305StudioAED 495K · Jul 2016
306StudioAED 305K · Jan 2013
307StudioAED 420K · Jun 2016
308StudioAED 305K · Jan 2013
1–7 of 16

304, Mediterranean Cluster 49 in numbers

  • Sold once: by the developer on 15 January 2013 for AED 305,000, or AED 578 per sqft.
  • Rented since June 2012 on 9 Ejari contracts. The rent fell from AED 33,000 to AED 21,000 in 2021 and recovered to AED 47,000 by July 2026.
  • At AED 47,000 a year the gross yield on the 2013 price is 15.4%, before a service charge of about AED 9,300 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 10 July 2026.

Questions about 304, Mediterranean Cluster 49

What did unit 304 last sell for?

AED 305,000 on 15 January 2013, sold by the developer: AED 578 per sqft for 528 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 47,000 a year on the contract renewed on 10 July 2026. The previous contract, from July 2025, was AED 46,000; the unit has been rented since June 2012.

How big is unit 304?

528 sqft (49.1 sqm): a studio on the 3rd floor of a 5-storey tower.

What is unit 304 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 304, Mediterranean Cluster 49

Starts from the last sale price (AED 305K, 15 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

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