308, 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.
Property timeline for 308, Mediterranean Cluster 49
What is 308 worth today?
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Source: Dubai Land Department. Updated 25 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 3rd of 5
- Parking
- nan
- Service charge
- AED 8,400 /yr
- Last sold
- AED 305K · January 2013
- Building
- Mediterranean Cluster 49
About 308, Mediterranean Cluster 49
308 is a studio of 476 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 640 per sqft, 6% below the AED 682 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 46,000 a year: a gross yield of 15.1% on the 2013 price, before the service charge of about AED 8,400 a year.
Sales and rents for 308 over time
308 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 308 sits
All 69 studios →308 last sold in January 2013 at AED 640 per sqft, 6% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 682). 308's AED 46,000 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 | |
| 306 | Studio | 465 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 38,000 /yr | |
| 307 | Studio | 476 sqft | AED 420KAED 420,000 · Jun 2016June 2016 | 49,000 /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 |
308, Mediterranean Cluster 49 in numbers
- Sold once: by the developer on 15 January 2013 for AED 305,000, or AED 640 per sqft.
- Rented since June 2012 on 10 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2021 and recovered to AED 46,000 by January 2026.
- At AED 46,000 a year the gross yield on the 2013 price is 15.1%, before a service charge of about AED 8,400 a year (AED 17.61 per sqft).
Source: Dubai Land Department. Updated 25 January 2026.
Questions about 308, Mediterranean Cluster 49
What did unit 308 last sell for?
AED 305,000 on 15 January 2013, sold by the developer: AED 640 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 46,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2026, was AED 36,749; the unit has been rented since June 2012.
How big is unit 308?
476 sqft (44.2 sqm): a studio on the 3rd floor of a 5-storey tower.
What is unit 308 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 308, 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 →