Studio · 523 sqftMediterranean Cluster 49, Discovery Gardens · Ground floor

G03, Mediterranean Cluster 49

Sold prices and rental history: sold twice, last in May 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G03 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 470K5 May 2015
Current rentAED 49K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G03, Mediterranean Cluster 49

What is G03 worth today?

Last sold for AED 470,000 in 2015

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20 Jan 2026RentedRenewal
AED 49,000/yr12 months · AED 94 per sqft
20 Jan 2025RentedNew contract
AED 46,000/yr12 months · AED 88 per sqft
20 Jan 2025RentedNew contract
AED 46,000/yr12 months · AED 88 per sqft
15 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 57 per sqft
12 Jul 2021RentedRenewal
AED 23,000/yr12 months · AED 44 per sqft
12 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 46 per sqft
15 Sep 2019RentedNew contract
AED 31,000/yr12 months · AED 59 per sqft
25 Nov 2018RentedNew contract
AED 34,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
Ground of 5
Parking
nan
Service charge
AED 9,200 /yr
Last sold
AED 470K · May 2015

About G03, Mediterranean Cluster 49

G03 is a studio of 523 sqft on the ground floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 5 May 2015 for AED 470,000, or AED 898 per sqft, 13% below the AED 1,029 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 49,000 a year: a gross yield of 10.4% on the 2015 price, before the service charge of about AED 9,200 a year.

Sales and rents for G03 over time

Sales
Unit G03, 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 631 per sqft)Sold, May 2015: AED 470,000 (AED 898 per sqft)

G03 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G03, 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, August 2012: AED 32,000 a yearNew contract, August 2013: AED 34,000 a yearNew contract, August 2014: AED 37,400 a yearNew contract, November 2018: AED 34,000 a yearNew contract, September 2019: AED 31,000 a yearNew contract, July 2020: AED 24,000 a yearRenewal, July 2021: AED 23,000 a yearNew contract, July 2022: AED 30,000 a yearNew contract, January 2025: AED 46,000 a yearNew contract, January 2025: AED 46,000 a yearRenewal, January 2026: AED 49,000 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 G03 sits

All 69 studios →

G03 last sold in May 2015 at AED 898 per sqft, 13% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 1,029). G03's AED 49,000 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 ground floor

All 99 units in Mediterranean Cluster 49
Value
G011-bedAED 745K · Apr 2025
G021-bedAED 690K · Oct 2014
G04StudioAED 470K · Nov 2017
G05StudioAED 490K · Nov 2016
G06StudioAED 540K · May 2014
G07StudioAED 460K · Jun 2024
G081-bedAED 700K · Oct 2025
1–7 of 13

G03, Mediterranean Cluster 49 in numbers

  • Sold twice: first on 14 January 2013 for AED 330,000, last on 5 May 2015 for AED 470,000 (AED 898 per sqft).
  • Rented since August 2012 on 11 Ejari contracts. The rent fell from AED 32,000 to AED 23,000 in 2021 and recovered to AED 49,000 by January 2026.
  • At AED 49,000 a year the gross yield on the 2015 price is 10.4%, before a service charge of about AED 9,200 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 20 January 2026.

Questions about G03, Mediterranean Cluster 49

What did unit G03 last sell for?

AED 470,000 on 5 May 2015: AED 898 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 330,000 in January 2013.

What is the rent for unit G03?

AED 49,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 46,000; the unit has been rented since August 2012.

How big is unit G03?

523 sqft (48.6 sqm): a studio on the ground floor of a 5-storey tower.

What is unit G03 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 G03, Mediterranean Cluster 49

Starts from the last sale price (AED 470K, 5 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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