511, Mediterranean Cluster 49
Sold prices and rental history: sold 3 times, last in April 2016, 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 511, Mediterranean Cluster 49
What is 511 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 5th of 5
- Parking
- nan
- Service charge
- AED 8,400 /yr
- Last sold
- AED 480K · April 2016
- Building
- Mediterranean Cluster 49
About 511, Mediterranean Cluster 49
511 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 26 April 2016 for AED 480,000, or AED 1,008 per sqft, in line with the AED 987 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 42,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 8,400 a year.
Sales and rents for 511 over time
511 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 511 sits
All 69 studios →511 last sold in April 2016 at AED 1,008 per sqft, in line with what studios in Mediterranean Cluster 49 were fetching at the time (AED 987). 511'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 | |
| 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 | |
| 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 | |
| 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 |
511, Mediterranean Cluster 49 in numbers
- Sold 3 times: first on 14 January 2013 for AED 325,000, last on 26 April 2016 for AED 480,000 (AED 1,008 per sqft).
- Rented since June 2012 on 10 Ejari contracts. The rent fell from AED 29,000 to AED 19,000 in 2021 and recovered to AED 42,000 by April 2025.
- At AED 42,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 8,400 a year (AED 17.61 per sqft).
Source: Dubai Land Department. Updated 15 April 2025.
Questions about 511, Mediterranean Cluster 49
What did unit 511 last sell for?
AED 480,000 on 26 April 2016: AED 1,008 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 511?
AED 42,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 42,000; the unit has been rented since June 2012.
How big is unit 511?
476 sqft (44.2 sqm): a studio on the 5th floor of a 5-storey tower.
What is unit 511 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 511, Mediterranean Cluster 49
Starts from the last sale price (AED 480K, 26 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →