507, Mediterranean Cluster 49
Sold prices and rental history: sold 3 times, last in November 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Mediterranean Cluster 49
What is 507 worth today?
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Source: Dubai Land Department. Updated 12 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 5th of 5
- Parking
- nan
- Service charge
- AED 8,400 /yr
- Last sold
- AED 485K · November 2017
- Building
- Mediterranean Cluster 49
About 507, Mediterranean Cluster 49
507 is a studio of 476 sqft on the 5th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 7 November 2017 for AED 485,000, or AED 1,018 per sqft, 4% below the AED 1,063 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 12 February 2023, is AED 33,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 8,400 a year.
Sales and rents for 507 over time
507 has sold 3 times; 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 507 sits
All 69 studios →507 last sold in November 2017 at AED 1,018 per sqft, 4% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 1,063). 507's AED 33,000 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 | |
| 505 | Studio | 460 sqft | AED 335KAED 335,000 · Mar 2013March 2013 | 42,000 /yr | |
| 506 | Studio | 460 sqft | AED 495KAED 495,000 · Mar 2014March 2014 | 45,000 /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 |
507, Mediterranean Cluster 49 in numbers
- Sold 3 times: first on 13 January 2013 for AED 325,000, last on 7 November 2017 for AED 485,000 (AED 1,018 per sqft).
- Rented since September 2012 on 8 Ejari contracts. The rent fell from AED 32,000 to AED 21,000 in 2021 and recovered to AED 33,000 by February 2023.
- At AED 33,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 8,400 a year (AED 17.61 per sqft).
Source: Dubai Land Department. Updated 12 February 2023.
Questions about 507, Mediterranean Cluster 49
What did unit 507 last sell for?
AED 485,000 on 7 November 2017: AED 1,018 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 325,000 in January 2013.
What is the rent for unit 507?
AED 33,000 a year on the contract signed on 12 February 2023. The previous contract, from December 2021, was AED 21,000; the unit has been rented since September 2012.
How big is unit 507?
476 sqft (44.2 sqm): a studio on the 5th floor of a 5-storey tower.
What is unit 507 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 507, Mediterranean Cluster 49
Starts from the last sale price (AED 485K, 7 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 485,000
- Deposit, UAE resident (20%)
- AED 97,000
- Deposit, non-resident (40%)
- AED 194,000
- Monthly over 25 years at 3.7%
- AED 1,984
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →