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Studio · 465 sqftMediterranean Cluster 49, Discovery Gardens · 3rd floor

312, Mediterranean Cluster 49

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 25 September 2019
Last soldAED 305K15 January 2013
Current rentAED 28K /yr25 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Mediterranean Cluster 49

What is 312 worth today?

Last sold for AED 305,000 in 2013

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25 Sep 2019RentedNew contract
AED 28,000/yr12 months · AED 60 per sqft
5 Sep 2017RentedRenewal
AED 50,000/yr12 months · AED 108 per sqft
5 Sep 2016RentedNew contract
AED 46,000/yr12 months · AED 99 per sqft
16 Jun 2014RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
15 Jan 2013Sold by developerReady
AED 305,000AED 655 per sqft

Source: Dubai Land Department. Updated 25 September 2019.

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 312, Mediterranean Cluster 49

312 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 2014 on 4 Ejari contracts. The current contract, signed on 25 September 2019, is AED 28,000 a year: a gross yield of 9.2% on the 2013 price, before the service charge of about AED 8,200 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 655 per sqft)

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

Rents
Unit 312, 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 2014: AED 40,000 a yearNew contract, September 2016: AED 46,000 a yearRenewal, September 2017: AED 50,000 a yearNew contract, September 2019: AED 28,000 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 312 sits

All 69 studios →

312 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). 312's AED 28,000 is at the bottom 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
307StudioAED 420K · Jun 2016
1–7 of 16

312, 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 2014 on 4 Ejari contracts, from AED 40,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2013 price is 9.2%, before a service charge of about AED 8,200 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 25 September 2019.

Questions about 312, Mediterranean Cluster 49

What did unit 312 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 312?

AED 28,000 a year on the contract signed on 25 September 2019. The previous contract, from September 2017, was AED 50,000; the unit has been rented since June 2014.

How big is unit 312?

465 sqft (43.2 sqm): a studio on the 3rd floor of a 5-storey tower.

What is unit 312 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 312, 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 →