306, Mediterranean Cluster 49
Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Mediterranean Cluster 49
What is 306 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 465 sqft
- Floor
- 3rd of 5
- Parking
- nan
- Service charge
- AED 8,200 /yr
- Last sold
- AED 305K · January 2013
- Building
- Mediterranean Cluster 49
About 306, Mediterranean Cluster 49
306 is a studio of 465 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 655 per sqft, 4% below the AED 682 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 37,000 a year: a gross yield of 12.1% on the 2013 price, before the service charge of about AED 8,200 a year.
Sales and rents for 306 over time
306 has sold once; the dashed line is the studio median of each year in the building.
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 306 sits
All 69 studios →306 last sold in January 2013 at AED 655 per sqft, 4% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 682). 306's AED 37,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202529 September 2025 | 486 sqft | 525,000 | 1,079 | ||
| 4 Jun 20254 June 2025 | 476 sqft | 515,000 | 1,082 | ||
| 27 May 202527 May 2025 | 476 sqft | 510,000 | 1,071 | ||
| 22 May 202522 May 2025 | 528 sqft | 535,000 | 1,014 |
Mediterranean Cluster 49
Building99 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%
Other units on the 3rd floor
All 99 units in Mediterranean Cluster 49| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 838 sqft | AED 710KAED 710,000 · Mar 2017March 2017 | 57,441 /yr | |
| 302 | 1-bed | 820 sqft | AED 440KAED 440,000 · Jan 2013January 2013 | 31,000 /yr | |
| 303 | Studio | 486 sqft | AED 545KAED 545,000 · May 2025May 2025 | 48,000 /yr | |
| 304 | Studio | 528 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 47,000 /yr | |
| 305 | Studio | 466 sqft | AED 495KAED 495,000 · Jul 2016July 2016 | 45,000 /yr | |
| 307 | Studio | 476 sqft | AED 420KAED 420,000 · Jun 2016June 2016 | 49,000 /yr | |
| 308 | Studio | 476 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 36,749 /yr | |
| 309 | 1-bed | 800 sqft | AED 710KAED 710,000 · Jun 2025June 2025 | 50,000 /yr | |
| 310 | Studio | 476 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 30,000 /yr | |
| 311 | Studio | 476 sqft | AED 495KAED 495,000 · Sep 2016September 2016 | 44,000 /yr | |
| 312 | Studio | 465 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 28,000 /yr | |
| 313 | Studio | 466 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 50,000 /yr | |
| 314 | Studio | 528 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 47,000 /yr | |
| 315 | Studio | 486 sqft | AED 515KAED 515,000 · Jan 2017January 2017 | 30,000 /yr | |
| 316 | 1-bed | 820 sqft | AED 440KAED 440,000 · Jan 2013January 2013 | 49,500 /yr | |
| 317 | 1-bed | 838 sqft | AED 365KAED 365,000 · Aug 2022August 2022 | 77,500 /yr |
306, Mediterranean Cluster 49 in numbers
- Sold once: by the developer on 15 January 2013 for AED 305,000, or AED 655 per sqft.
- Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 21,000 in 2021 and recovered to AED 37,000 by June 2025.
- At AED 37,000 a year the gross yield on the 2013 price is 12.1%, before a service charge of about AED 8,200 a year (AED 17.61 per sqft).
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 306, Mediterranean Cluster 49
What did unit 306 last sell for?
AED 305,000 on 15 January 2013, sold by the developer: AED 655 per sqft for 465 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 37,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 38,000; the unit has been rented since June 2013.
How big is unit 306?
465 sqft (43.2 sqm): a studio on the 3rd floor of a 5-storey tower.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 306? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 306, 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 →