Studio · 476 sqftMediterranean Cluster 49, Discovery Gardens · 3rd floor

307, Mediterranean Cluster 49

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 420K19 June 2016
Current rentAED 49K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Mediterranean Cluster 49

What is 307 worth today?

Last sold for AED 420,000 in 2016

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1 Sep 2025RentedNew contract
AED 49,000/yr12 months · AED 103 per sqft
3 Oct 2024RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
28 Sep 2023RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
18 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
7 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
7 Oct 2019RentedNew contract
AED 33,000/yr12 months · AED 70 per sqft
7 Sep 2017RentedNew contract
AED 39,779/yr12 months · AED 84 per sqft
19 Jun 2016SoldReady
AED 420,000AED 882 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
3rd of 5
Parking
nan
Service charge
AED 8,400 /yr
Last sold
AED 420K · June 2016

About 307, Mediterranean Cluster 49

307 is a studio of 476 sqft on the 3rd floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 19 June 2016 for AED 420,000, or AED 882 per sqft, 11% below the AED 987 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 September 2025, is AED 49,000 a year: a gross yield of 11.7% on the 2016 price, before the service charge of about AED 8,400 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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 330,000 (AED 693 per sqft)Sold, June 2016: AED 420,000 (AED 882 per sqft)

307 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 307, 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 32,000 a yearNew contract, September 2017: AED 39,779 a yearNew contract, October 2019: AED 33,000 a yearNew contract, October 2020: AED 24,000 a yearNew contract, August 2022: AED 30,000 a yearNew contract, September 2023: AED 36,000 a yearNew contract, October 2024: AED 48,000 a yearNew contract, September 2025: AED 49,000 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 307 sits

All 69 studios →

307 last sold in June 2016 at AED 882 per sqft, 11% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 987). 307's AED 49,000 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
304StudioAED 305K · Jan 2013
305StudioAED 495K · Jul 2016
306StudioAED 305K · Jan 2013
308StudioAED 305K · Jan 2013
1–7 of 16

307, Mediterranean Cluster 49 in numbers

  • Sold twice: first on 13 January 2013 for AED 330,000, last on 19 June 2016 for AED 420,000 (AED 882 per sqft).
  • Rented since June 2012 on 8 Ejari contracts. The rent fell from AED 32,000 to AED 24,000 in 2020 and recovered to AED 49,000 by September 2025.
  • At AED 49,000 a year the gross yield on the 2016 price is 11.7%, before a service charge of about AED 8,400 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 307, Mediterranean Cluster 49

What did unit 307 last sell for?

AED 420,000 on 19 June 2016: AED 882 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 330,000 in January 2013.

What is the rent for unit 307?

AED 49,000 a year on the contract signed on 1 September 2025. The previous contract, from October 2024, was AED 48,000; the unit has been rented since June 2012.

How big is unit 307?

476 sqft (44.2 sqm): a studio on the 3rd floor of a 5-storey tower.

What is unit 307 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 307, Mediterranean Cluster 49

Starts from the last sale price (AED 420K, 19 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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