408, Mediterranean Cluster 49
Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Mediterranean Cluster 49
What is 408 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 4th of 5
- Parking
- nan
- Service charge
- AED 8,400 /yr
- Last sold
- AED 435K · June 2013
- Building
- Mediterranean Cluster 49
About 408, Mediterranean Cluster 49
408 is a studio of 476 sqft on the 4th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 27 June 2013 for AED 435,000, or AED 914 per sqft, 30% above the AED 703 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 40,000 a year: a gross yield of 9.2% on the 2013 price, before the service charge of about AED 8,400 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the studio median of each year in the building.
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 408 sits
All 69 studios →408 last sold in June 2013 at AED 914 per sqft, 30% above what studios in Mediterranean Cluster 49 were fetching at the time (AED 703). 408's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Sep 202529 September 2025 | 486 sqft | 525,000 | 1,079 | ||
| 4 Jun 20254 June 2025 | 476 sqft | 515,000 | 1,082 | ||
| 27 May 202527 May 2025 | 476 sqft | 510,000 | 1,071 | ||
| 22 May 202522 May 2025 | 528 sqft | 535,000 | 1,014 |
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 4th floor
All 99 units in Mediterranean Cluster 49| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 838 sqft | AED 495KAED 495,000 · Jan 2013January 2013 | 65,000 /yr | |
| 402 | 1-bed | 820 sqft | AED 450KAED 450,000 · Jan 2013January 2013 | 70,000 /yr | |
| 403 | Studio | 486 sqft | AED 525KAED 525,000 · Apr 2017April 2017 | 42,000 /yr | |
| 404 | Studio | 528 sqft | AED 495KAED 495,000 · Nov 2024November 2024 | 43,000 /yr | |
| 405 | Studio | 466 sqft | AED 495KAED 495,000 · Mar 2017March 2017 | 45,600 /yr | |
| 406 | Studio | 465 sqft | AED 410KAED 410,000 · Nov 2023November 2023 | 45,000 /yr | |
| 407 | Studio | 476 sqft | AED 415KAED 415,000 · Nov 2023November 2023 | 47,000 /yr | |
| 409 | 1-bed | 800 sqft | AED 690KAED 690,000 · Mar 2025March 2025 | 72,000 /yr | |
| 410 | Studio | 476 sqft | AED 515KAED 515,000 · Jun 2025June 2025 | 5,000 /yr | |
| 411 | Studio | 476 sqft | AED 335KAED 335,000 · Feb 2013February 2013 | 42,000 /yr | |
| 412 | Studio | 465 sqft | AED 530KAED 530,000 · Jun 2014June 2014 | 37,020 /yr | |
| 413 | Studio | 466 sqft | AED 370KAED 370,000 · Dec 2018December 2018 | 48,000 /yr | |
| 414 | Studio | 528 sqft | AED 340KAED 340,000 · Nov 2023November 2023 | 60,000 /yr | |
| 415 | Studio | 486 sqft | AED 360KAED 360,000 · Jan 2013January 2013 | 43,000 /yr | |
| 416 | 1-bed | 820 sqft | AED 385KAED 385,000 · Apr 2022April 2022 | 69,000 /yr | |
| 417 | 1-bed | 838 sqft | AED 545KAED 545,000 · Apr 2013April 2013 | 70,000 /yr |
408, Mediterranean Cluster 49 in numbers
- Sold twice: first on 10 January 2013 for AED 340,000, last on 27 June 2013 for AED 435,000 (AED 914 per sqft).
- Rented since April 2014 on 15 Ejari contracts. The rent fell from AED 50,000 to AED 20,000 in 2021 and recovered to AED 40,000 by March 2026.
- At AED 40,000 a year the gross yield on the 2013 price is 9.2%, before a service charge of about AED 8,400 a year (AED 17.61 per sqft).
Source: Dubai Land Department. Updated 1 March 2026.
Questions about 408, Mediterranean Cluster 49
What did unit 408 last sell for?
AED 435,000 on 27 June 2013: AED 914 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 340,000 in January 2013.
What is the rent for unit 408?
AED 40,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 35,200; the unit has been rented since April 2014.
How big is unit 408?
476 sqft (44.2 sqm): a studio on the 4th floor of a 5-storey tower.
What is unit 408 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 408, Mediterranean Cluster 49
Starts from the last sale price (AED 435K, 27 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 435,000
- Deposit, UAE resident (20%)
- AED 87,000
- Deposit, non-resident (40%)
- AED 174,000
- Monthly over 25 years at 3.7%
- AED 1,780
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →