Studio · 528 sqftMediterranean Cluster 49, Discovery Gardens · 4th floor

404, Mediterranean Cluster 49

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 495K4 November 2024
Current rentAED 43K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Mediterranean Cluster 49

What is 404 worth today?

Last sold for AED 495,000 in 2024

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1 Feb 2026RentedRenewal
AED 43,000/yr12 months · AED 82 per sqft
1 Feb 2025RentedNew contract
AED 43,000/yr12 months · AED 82 per sqft
4 Nov 2024SoldReady
AED 495,000AED 938 per sqft
1 Jan 2024RentedRenewal
AED 39,692/yr13 months · AED 75 per sqft
1 Dec 2022RentedRenewal
AED 33,000/yr13 months · AED 63 per sqft
1 Nov 2021RentedRenewal
AED 24,000/yr13 months · AED 46 per sqft
1 Oct 2020RentedNew contract
AED 24,000/yr13 months · AED 46 per sqft
1 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
528 sqft
Floor
4th of 5
Parking
nan
Service charge
AED 9,300 /yr
Last sold
AED 495K · November 2024

About 404, Mediterranean Cluster 49

404 is a studio of 528 sqft on the 4th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 4 November 2024 for AED 495,000, or AED 938 per sqft, in line with the AED 931 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 43,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 9,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, March 2013: AED 305,000 (AED 578 per sqft)Sold, October 2017: AED 515,000 (AED 976 per sqft)Sold, November 2024: AED 495,000 (AED 938 per sqft)

404 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 404, 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, July 2012: AED 35,000 a yearNew contract, January 2018: AED 40,000 a yearNew contract, August 2019: AED 30,000 a yearNew contract, October 2020: AED 24,000 a yearRenewal, November 2021: AED 24,000 a yearRenewal, December 2022: AED 33,000 a yearRenewal, January 2024: AED 39,692 a yearNew contract, February 2025: AED 43,000 a yearRenewal, February 2026: AED 43,000 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 404 sits

All 69 studios →

404 last sold in November 2024 at AED 938 per sqft, in line with what studios in Mediterranean Cluster 49 were fetching at the time (AED 931). 404's AED 43,000 is in the lower 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 4th floor

All 99 units in Mediterranean Cluster 49
Value
4011-bedAED 495K · Jan 2013
4021-bedAED 450K · Jan 2013
403StudioAED 525K · Apr 2017
405StudioAED 495K · Mar 2017
406StudioAED 410K · Nov 2023
407StudioAED 415K · Nov 2023
408StudioAED 435K · Jun 2013
1–7 of 16

404, Mediterranean Cluster 49 in numbers

  • Sold 3 times: first on 3 March 2013 for AED 305,000, last on 4 November 2024 for AED 495,000 (AED 938 per sqft).
  • Rented since July 2012 on 9 Ejari contracts. The rent fell from AED 35,000 to AED 24,000 in 2021 and recovered to AED 43,000 by February 2026.
  • At AED 43,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 9,300 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 404, Mediterranean Cluster 49

What did unit 404 last sell for?

AED 495,000 on 4 November 2024: AED 938 per sqft for 528 sqft. The unit has 3 registered sales; the first was AED 305,000 in March 2013.

What is the rent for unit 404?

AED 43,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 43,000; the unit has been rented since July 2012.

How big is unit 404?

528 sqft (49.1 sqm): a studio on the 4th floor of a 5-storey tower.

What is unit 404 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 404, Mediterranean Cluster 49

Starts from the last sale price (AED 495K, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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