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

514, Mediterranean Cluster 49

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

Unit 514 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 335K11 February 2013
Current rentAED 42K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Mediterranean Cluster 49

What is 514 worth today?

Last sold for AED 335,000 in 2013

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1 May 2026RentedNew contract
AED 42,000/yr12 months · AED 80 per sqft
3 Oct 2020RentedNew contract
AED 22,000/yr12 months · AED 42 per sqft
9 Sep 2019RentedNew contract
AED 29,000/yr12 months · AED 55 per sqft
10 Oct 2018RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft
4 Sep 2017RentedRenewal
AED 46,000/yr12 months · AED 87 per sqft
4 Sep 2016RentedNew contract
AED 46,000/yr12 months · AED 87 per sqft
9 Aug 2015RentedRenewal
AED 47,000/yr12 months · AED 89 per sqft
9 Aug 2014RentedNew contract
AED 47,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
528 sqft
Floor
5th of 5
Parking
nan
Service charge
AED 9,300 /yr
Last sold
AED 335K · February 2013

About 514, Mediterranean Cluster 49

514 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 11 February 2013 for AED 335,000, or AED 635 per sqft, 8% below the AED 689 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 1 May 2026, is AED 42,000 a year: a gross yield of 12.5% on the 2013 price, before the service charge of about AED 9,300 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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, February 2013: AED 335,000 (AED 635 per sqft)

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

Rents
Unit 514, 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 2013: AED 32,000 a yearNew contract, August 2014: AED 47,000 a yearRenewal, August 2015: AED 47,000 a yearNew contract, September 2016: AED 46,000 a yearRenewal, September 2017: AED 46,000 a yearNew contract, October 2018: AED 30,000 a yearNew contract, September 2019: AED 29,000 a yearNew contract, October 2020: AED 22,000 a yearNew contract, May 2026: AED 42,000 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 514 sits

All 69 studios →

514 last sold in February 2013 at AED 635 per sqft, 8% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 689). 514's AED 42,000 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 5th floor

All 99 units in Mediterranean Cluster 49
Value
5011-bedAED 745K · Oct 2026
5021-bedAED 450K · Aug 2023
503StudioAED 250K · Jan 2013
504StudioAED 330K · Jan 2013
505StudioAED 335K · Mar 2013
506StudioAED 495K · Mar 2014
507StudioAED 485K · Nov 2017
1–7 of 16

514, Mediterranean Cluster 49 in numbers

  • Sold once: by the developer on 11 February 2013 for AED 335,000, or AED 635 per sqft.
  • Rented since June 2013 on 9 Ejari contracts. The rent fell from AED 32,000 to AED 22,000 in 2020 and recovered to AED 42,000 by May 2026.
  • At AED 42,000 a year the gross yield on the 2013 price is 12.5%, before a service charge of about AED 9,300 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 1 May 2026.

Questions about 514, Mediterranean Cluster 49

What did unit 514 last sell for?

AED 335,000 on 11 February 2013, sold by the developer: AED 635 per sqft for 528 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 42,000 a year on the contract signed on 1 May 2026. The previous contract, from October 2020, was AED 22,000; the unit has been rented since June 2013.

How big is unit 514?

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

What is unit 514 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 514, Mediterranean Cluster 49

Starts from the last sale price (AED 335K, 11 February 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 →