Studio · 528 sqftMediterranean Cluster 49, Discovery Gardens · 5th floor

504, Mediterranean Cluster 49

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 330K14 January 2013
Current rentAED 51K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Mediterranean Cluster 49

What is 504 worth today?

Last sold for AED 330,000 in 2013

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1 Jan 2026RentedRenewal
AED 51,000/yr12 months · AED 97 per sqft
1 Jul 2025RentedRenewal
AED 44,000/yr6 months · AED 83 per sqft
1 Jul 2024RentedNew contract
AED 40,000/yr12 months · AED 76 per sqft
1 Jun 2023RentedRenewal
AED 33,000/yr12 months · AED 63 per sqft
1 Jun 2022RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft
1 Mar 2021RentedNew contract
AED 26,000/yr12 months · AED 49 per sqft
1 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft
12 Jun 2019RentedRenewal
AED 30,000/yr6 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
528 sqft
Floor
5th of 5
Parking
nan
Service charge
AED 9,300 /yr
Last sold
AED 330K · January 2013

About 504, Mediterranean Cluster 49

504 is a studio of 528 sqft on the 5th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. The developer sold it on 14 January 2013 for AED 330,000, or AED 625 per sqft, 10% below the AED 693 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 51,000 a year: a gross yield of 15.4% on the 2013 price, before the service charge of about AED 9,300 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 330,000 (AED 625 per sqft)

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

Rents
Unit 504, 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, June 2014: AED 50,000 a yearNew contract, June 2015: AED 50,000 a yearNew contract, June 2016: AED 50,000 a yearRenewal, June 2017: AED 50,000 a yearNew contract, June 2018: AED 35,000 a yearRenewal, June 2019: AED 30,000 a yearNew contract, March 2020: AED 30,000 a yearNew contract, March 2021: AED 26,000 a yearNew contract, June 2022: AED 30,000 a yearRenewal, June 2023: AED 33,000 a yearNew contract, July 2024: AED 40,000 a yearRenewal, July 2025: AED 44,000 a yearRenewal, January 2026: AED 51,000 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 504 sits

All 69 studios →

504 last sold in January 2013 at AED 625 per sqft, 10% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 693). 504's AED 51,000 is in the upper 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 5th floor

All 99 units in Mediterranean Cluster 49
Value
5011-bedAED 745K · Oct 2026
5021-bedAED 450K · Aug 2023
503StudioAED 250K · Jan 2013
505StudioAED 335K · Mar 2013
506StudioAED 495K · Mar 2014
507StudioAED 485K · Nov 2017
508StudioAED 460K · Feb 2016
1–7 of 16

504, Mediterranean Cluster 49 in numbers

  • Sold once: by the developer on 14 January 2013 for AED 330,000, or AED 625 per sqft.
  • Rented since June 2014 on 13 Ejari contracts. The rent fell from AED 50,000 to AED 26,000 in 2021 and recovered to AED 51,000 by January 2026.
  • At AED 51,000 a year the gross yield on the 2013 price is 15.4%, before a service charge of about AED 9,300 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 504, Mediterranean Cluster 49

What did unit 504 last sell for?

AED 330,000 on 14 January 2013, sold by the developer: AED 625 per sqft for 528 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 51,000 a year on the contract renewed on 1 January 2026. The previous contract, from July 2025, was AED 44,000; the unit has been rented since June 2014.

How big is unit 504?

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

What is unit 504 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 504, Mediterranean Cluster 49

Starts from the last sale price (AED 330K, 14 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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