Studio · 486 sqftMediterranean Cluster 49, Discovery Gardens · 4th floor

415, Mediterranean Cluster 49

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 360K10 January 2013
Current rentAED 43K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Mediterranean Cluster 49

What is 415 worth today?

Last sold for AED 360,000 in 2013

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5 Feb 2026RentedRenewal
AED 43,000/yr12 months · AED 88 per sqft
5 Feb 2025RentedRenewal
AED 42,000/yr12 months · AED 86 per sqft
5 Feb 2024RentedNew contract
AED 40,000/yr12 months · AED 82 per sqft
1 Feb 2023RentedRenewal
AED 29,000/yr12 months · AED 60 per sqft
1 Feb 2022RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
1 Feb 2021RentedRenewal
AED 23,000/yr12 months · AED 47 per sqft
1 Feb 2020RentedNew contract
AED 29,000/yr12 months · AED 60 per sqft
20 Dec 2017RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
Studio apartment
Size
486 sqft
Floor
4th of 5
Parking
nan
Service charge
AED 8,600 /yr
Last sold
AED 360K · January 2013

About 415, Mediterranean Cluster 49

415 is a studio of 486 sqft on the 4th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. The developer sold it on 10 January 2013 for AED 360,000, or AED 740 per sqft, 5% above the AED 703 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 5 February 2026, is AED 43,000 a year: a gross yield of 11.9% on the 2013 price, before the service charge of about AED 8,600 a year.

Sales and rents for 415 over time

Sales
Unit 415, 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, January 2013: AED 360,000 (AED 740 per sqft)

415 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 415, 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, April 2013: AED 38,000 a yearNew contract, March 2014: AED 50,000 a yearNew contract, January 2016: AED 52,000 a yearRenewal, January 2017: AED 52,000 a yearNew contract, December 2017: AED 40,000 a yearNew contract, February 2020: AED 29,000 a yearRenewal, February 2021: AED 23,000 a yearRenewal, February 2022: AED 25,000 a yearRenewal, February 2023: AED 29,000 a yearNew contract, February 2024: AED 40,000 a yearRenewal, February 2025: AED 42,000 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 415 sits

All 69 studios →

415 last sold in January 2013 at AED 740 per sqft, 5% above what studios in Mediterranean Cluster 49 were fetching at the time (AED 703). 415'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
404StudioAED 495K · Nov 2024
405StudioAED 495K · Mar 2017
406StudioAED 410K · Nov 2023
407StudioAED 415K · Nov 2023
1–7 of 16

415, Mediterranean Cluster 49 in numbers

  • Sold once: by the developer on 10 January 2013 for AED 360,000, or AED 740 per sqft.
  • Rented since April 2013 on 12 Ejari contracts. The rent fell from AED 38,000 to AED 23,000 in 2021 and recovered to AED 43,000 by February 2026.
  • At AED 43,000 a year the gross yield on the 2013 price is 11.9%, before a service charge of about AED 8,600 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 5 February 2026.

Questions about 415, Mediterranean Cluster 49

What did unit 415 last sell for?

AED 360,000 on 10 January 2013, sold by the developer: AED 740 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 415?

AED 43,000 a year on the contract renewed on 5 February 2026. The previous contract, from February 2025, was AED 42,000; the unit has been rented since April 2013.

How big is unit 415?

486 sqft (45.2 sqm): a studio on the 4th floor of a 5-storey tower.

What is unit 415 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 415, Mediterranean Cluster 49

Starts from the last sale price (AED 360K, 10 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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