505, Mediterranean Cluster 49
Sold prices and rental history: sold once, by the developer in March 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Mediterranean Cluster 49
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- 5th of 5
- Parking
- nan
- Service charge
- AED 8,100 /yr
- Last sold
- AED 335K · March 2013
- Building
- Mediterranean Cluster 49
About 505, Mediterranean Cluster 49
505 is a studio of 460 sqft on the 5th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. The developer sold it on 12 March 2013 for AED 335,000, or AED 728 per sqft, 5% above the AED 693 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 25 July 2026, is AED 42,000 a year: a gross yield of 12.5% on the 2013 price, before the service charge of about AED 8,100 a year.
Sales and rents for 505 over time
505 has sold once; 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 505 sits
All 69 studios →505 last sold in March 2013 at AED 728 per sqft, 5% above what studios in Mediterranean Cluster 49 were fetching at the time (AED 693). 505's AED 42,000 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 5th floor
All 99 units in Mediterranean Cluster 49| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 838 sqft | AED 745KAED 745,000 · Oct 2026October 2026 | 43,000 /yr | |
| 502 | 1-bed | 820 sqft | AED 450KAED 450,000 · Aug 2023August 2023 | 53,900 /yr | |
| 503 | Studio | 486 sqft | AED 250KAED 250,000 · Jan 2013January 2013 | 46,000 /yr | |
| 504 | Studio | 528 sqft | AED 330KAED 330,000 · Jan 2013January 2013 | 51,000 /yr | |
| 506 | Studio | 460 sqft | AED 495KAED 495,000 · Mar 2014March 2014 | 45,000 /yr | |
| 507 | Studio | 476 sqft | AED 485KAED 485,000 · Nov 2017November 2017 | 33,000 /yr | |
| 508 | Studio | 476 sqft | AED 460KAED 460,000 · Feb 2016February 2016 | 36,000 /yr | |
| 509 | 1-bed | 800 sqft | AED 560KAED 560,000 · Apr 2013April 2013 | 52,000 /yr | |
| 510 | Studio | 476 sqft | AED 510KAED 510,000 · May 2025May 2025 | 46,000 /yr | |
| 511 | Studio | 476 sqft | AED 480KAED 480,000 · Apr 2016April 2016 | 42,000 /yr | |
| 512 | Studio | 460 sqft | AED 380KAED 380,000 · Sep 2018September 2018 | 33,674 /yr | |
| 513 | Studio | 460 sqft | AED 337KAED 337,000 · Feb 2013February 2013 | 43,000 /yr | |
| 514 | Studio | 528 sqft | AED 335KAED 335,000 · Feb 2013February 2013 | 42,000 /yr | |
| 515 | Studio | 486 sqft | AED 258KAED 257,500 · Feb 2015February 2015 | 33,000 /yr | |
| 516 | 1-bed | 820 sqft | AED 657KAED 657,000 · Dec 2013December 2013 | 46,475 /yr | |
| 517 | 1-bed | 838 sqft | AED 780KAED 780,000 · May 2026May 2026 | 56,999 /yr |
505, Mediterranean Cluster 49 in numbers
- Sold once: by the developer on 12 March 2013 for AED 335,000, or AED 728 per sqft.
- Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2021 and recovered to AED 42,000 by July 2026.
- At AED 42,000 a year the gross yield on the 2013 price is 12.5%, before a service charge of about AED 8,100 a year (AED 17.61 per sqft).
Source: Dubai Land Department. Updated 25 July 2026.
Questions about 505, Mediterranean Cluster 49
What did unit 505 last sell for?
AED 335,000 on 12 March 2013, sold by the developer: AED 728 per sqft for 460 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 42,000 a year on the contract signed on 25 July 2026. The previous contract, from December 2022, was AED 30,000; the unit has been rented since July 2013.
How big is unit 505?
460 sqft (42.7 sqm): a studio on the 5th floor of a 5-storey tower.
What is unit 505 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 505, Mediterranean Cluster 49
Starts from the last sale price (AED 335K, 12 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 335,000
- Deposit, UAE resident (20%)
- AED 67,000
- Deposit, non-resident (40%)
- AED 134,000
- Monthly over 25 years at 3.7%
- AED 1,371
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →