316, Mediterranean Cluster 49
Sold prices and rental history: sold once, by the developer in January 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Mediterranean Cluster 49
What is 316 worth today?
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Source: Dubai Land Department. Updated 1 June 2014.
Key facts
- Type
- 1-bed apartment
- Size
- 820 sqft
- Floor
- 3rd of 5
- Parking
- nan
- Service charge
- AED 14,400 /yr
- Last sold
- AED 440K · January 2013
- Building
- Mediterranean Cluster 49
About 316, Mediterranean Cluster 49
316 is a one-bedroom apartment of 820 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 440,000, or AED 536 per sqft, 3% below the AED 554 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 June 2014, is AED 49,500 a year: a gross yield of 11.3% on the 2013 price, before the service charge of about AED 14,400 a year.
Sales and rents for 316 over time
316 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mediterranean Cluster 49, and where 316 sits
All 30 1-beds →316 last sold in January 2013 at AED 536 per sqft, 3% below what one-beds in Mediterranean Cluster 49 were fetching at the time (AED 554). Over the last 12 months one-beds sold for AED 740,000 to 780,000, around AED 902 per sqft, and rent for AED 50,000 to 77,500 a year. 316's AED 49,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Oct 20263 October 2026 | 838 sqft | 745,000 | 888 | ||
| 4 May 20264 May 2026 | 838 sqft | 780,000 | 930 | ||
| 28 Feb 202628 February 2026 | 820 sqft | 740,000 | 902 | ||
| 9 Oct 20259 October 2025 | 800 sqft | 700,000 | 875 |
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 | |
| 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 | |
| 317 | 1-bed | 838 sqft | AED 365KAED 365,000 · Aug 2022August 2022 | 77,500 /yr |
316, Mediterranean Cluster 49 in numbers
- Sold once: by the developer on 15 January 2013 for AED 440,000, or AED 536 per sqft.
- Rented since June 2013 on 2 Ejari contracts, from AED 45,000 to AED 49,500 a year.
- At AED 49,500 a year the gross yield on the 2013 price is 11.3%, before a service charge of about AED 14,400 a year (AED 17.61 per sqft).
- One-beds in Mediterranean Cluster 49 sold for AED 740,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 902 per sqft.
Source: Dubai Land Department. Updated 1 June 2014.
Questions about 316, Mediterranean Cluster 49
What did unit 316 last sell for?
AED 440,000 on 15 January 2013, sold by the developer: AED 536 per sqft for 820 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 49,500 a year on the contract signed on 1 June 2014. The previous contract, from June 2013, was AED 45,000.
How big is unit 316?
820 sqft (76.2 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower.
What is unit 316 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mediterranean Cluster 49 sold for AED 740,000 to 780,000 in the last 12 months, around AED 902 per sqft.
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Mortgage on 316, Mediterranean Cluster 49
Starts from the last sale price (AED 440K, 15 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 440,000
- Deposit, UAE resident (20%)
- AED 88,000
- Deposit, non-resident (40%)
- AED 176,000
- Monthly over 25 years at 3.7%
- AED 1,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →