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Studio · 486 sqftMediterranean Cluster 49, Discovery Gardens · 3rd floor

315, Mediterranean Cluster 49

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 November 2019
Last soldAED 515K31 January 2017
Current rentAED 30K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, Mediterranean Cluster 49

What is 315 worth today?

Last sold for AED 515,000 in 2017

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1 Nov 2019RentedRenewal
AED 30,000/yr24 months · AED 62 per sqft
1 Nov 2018RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
20 Oct 2017RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
31 Jan 2017SoldReady
AED 515,000AED 1,059 per sqft
5 Sep 2016RentedRenewal
AED 50,000/yr12 months · AED 103 per sqft
5 Sep 2015RentedRenewal
AED 50,000/yr12 months · AED 103 per sqft
5 Sep 2014RentedNew contract
AED 52,000/yr12 months · AED 107 per sqft
11 Feb 2013Sold by developerReady
AED 305,000AED 627 per sqft

Source: Dubai Land Department. Updated 1 November 2019.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
3rd of 5
Parking
nan
Service charge
AED 8,600 /yr
Last sold
AED 515K · January 2017
Building
Mediterranean Cluster 49

About 315, Mediterranean Cluster 49

315 is a studio of 486 sqft on the 3rd floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 31 January 2017 for AED 515,000, or AED 1,059 per sqft, 5% above the AED 1,008 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 November 2019, is AED 30,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 8,600 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, February 2013: AED 305,000 (AED 627 per sqft)Sold, January 2017: AED 515,000 (AED 1,059 per sqft)

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

Rents
Unit 315, 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, August 2012: AED 35,000 a yearNew contract, September 2014: AED 52,000 a yearRenewal, September 2015: AED 50,000 a yearRenewal, September 2016: AED 50,000 a yearNew contract, October 2017: AED 40,000 a yearNew contract, November 2018: AED 35,000 a yearRenewal, November 2019: AED 30,000 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 315 sits

All 69 studios →

315 last sold in January 2017 at AED 1,059 per sqft, 5% above what studios in Mediterranean Cluster 49 were fetching at the time (AED 1,008). 315's AED 30,000 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

315, Mediterranean Cluster 49 in numbers

  • Sold twice: first on 11 February 2013 for AED 305,000, last on 31 January 2017 for AED 515,000 (AED 1,059 per sqft).
  • Rented since August 2012 on 7 Ejari contracts, from AED 35,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 8,600 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 1 November 2019.

Questions about 315, Mediterranean Cluster 49

What did unit 315 last sell for?

AED 515,000 on 31 January 2017: AED 1,059 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 305,000 in February 2013.

What is the rent for unit 315?

AED 30,000 a year on the contract renewed on 1 November 2019. The previous contract, from November 2018, was AED 35,000; the unit has been rented since August 2012.

How big is unit 315?

486 sqft (45.2 sqm): a studio on the 3rd floor of a 5-storey tower.

What is unit 315 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 315, Mediterranean Cluster 49

Starts from the last sale price (AED 515K, 31 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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