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Studio · 466 sqftMediterranean Cluster 49, Discovery Gardens · 4th floor

405, Mediterranean Cluster 49

Sold prices and rental history: sold 4 times, last in March 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 May 2018
Last soldAED 495K16 March 2017
Current rentAED 46K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Mediterranean Cluster 49

What is 405 worth today?

Last sold for AED 495,000 in 2017

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1 May 2018RentedNew contract
AED 45,600/yr12 months · AED 99 per sqft
1 Nov 2017RentedNew contract
AED 48,129/yr12 months · AED 104 per sqft
16 Mar 2017SoldReady
AED 495,000AED 1,063 per sqft
1 Nov 2015RentedNew contract
AED 49,000/yr12 months · AED 106 per sqft
17 Aug 2014SoldReady
AED 495,000AED 1,063 per sqft
3 Aug 2013RentedNew contract
AED 41,000/yr12 months · AED 89 per sqft
8 Jul 2013SoldReady
AED 450,000AED 966 per sqft
4 Mar 2013Sold by developerReady
AED 330,000AED 708 per sqft

Source: Dubai Land Department. Updated 1 May 2018.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
4th of 5
Parking
nan
Service charge
AED 8,200 /yr
Last sold
AED 495K · March 2017
Building
Mediterranean Cluster 49

About 405, Mediterranean Cluster 49

405 is a studio of 466 sqft on the 4th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 16 March 2017 for AED 495,000, or AED 1,063 per sqft, 4% above the AED 1,018 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 May 2018, is AED 45,600 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 8,200 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 330,000 (AED 708 per sqft)Sold, July 2013: AED 450,000 (AED 966 per sqft)Sold, August 2014: AED 495,000 (AED 1,063 per sqft)Sold, March 2017: AED 495,000 (AED 1,063 per sqft)

405 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 405, 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 2013: AED 41,000 a yearNew contract, November 2015: AED 49,000 a yearNew contract, November 2017: AED 48,129 a yearNew contract, May 2018: AED 45,600 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 405 sits

All 69 studios →

405 last sold in March 2017 at AED 1,063 per sqft, 4% above what studios in Mediterranean Cluster 49 were fetching at the time (AED 1,018). 405's AED 45,600 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
404StudioAED 495K · Nov 2024
406StudioAED 410K · Nov 2023
407StudioAED 415K · Nov 2023
408StudioAED 435K · Jun 2013
1–7 of 16

405, Mediterranean Cluster 49 in numbers

  • Sold 4 times: first on 4 March 2013 for AED 330,000, last on 16 March 2017 for AED 495,000 (AED 1,063 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 41,000 to AED 45,600 a year.
  • At AED 45,600 a year the gross yield on the 2017 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 1 May 2018.

Questions about 405, Mediterranean Cluster 49

What did unit 405 last sell for?

AED 495,000 on 16 March 2017: AED 1,063 per sqft for 466 sqft. The unit has 4 registered sales; the first was AED 330,000 in March 2013.

What is the rent for unit 405?

AED 45,600 a year on the contract signed on 1 May 2018. The previous contract, from November 2017, was AED 48,129; the unit has been rented since August 2013.

How big is unit 405?

466 sqft (43.3 sqm): a studio on the 4th floor of a 5-storey tower.

What is unit 405 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 405, Mediterranean Cluster 49

Starts from the last sale price (AED 495K, 16 March 2017). 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 →