Spacious Studio | Balcony | Pool View | Apartment in Discovery Gardens
AED 369,000

AED 778 per sqft

Permit Pending Verification

Spacious Studio | Balcony | Pool View | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 149 days ago
1
Beds
1
Baths
474
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Mediterranean Cluster, Discovery Gardens. This 474 sqft property offers excellent value at AED 369,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views85
Reference1b4ca2c3-ea2a-4a3b-88c9-2ec18ed3e3d0

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
2
Waterfront
0

Nearby Amenities & Landmarks

Discovery Gardens Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in Discovery Gardens
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Premium Property

Positioned above market average

This is a premium-positioned property in Discovery Gardens. Asking AED 778/sqft vs market average of AED 725/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 778/sqft
Area benchmark unavailable
Asking priceAED 369,000
DLD transfer fee (4%)AED 14,760
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 982
Agency commission (2%)AED 7,380
Est. total transaction costAED 394,222

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Excellent Deal

Exceptional Value - 57% Below Market!

This property is priced significantly below the Discovery Gardens average of AED 1800/sqft. You could save AED 484,428 compared to market rate.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
This PropertyAED 778/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Discovery Gardens Market Intelligence

Full Report
Avg Price/SqftAED 714
Active Listings45
Trendup
Price History (per sqft)
AED 787
Dec
AED 679
Jan
AED 662
Feb
AED 810
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 3 rental comparables in Discovery Gardens

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.07%
After charges
Estimated Rental Income
Monthly
AED 3,075
Annual
AED 36,900
Service Charge: AED 7,110/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average33.4% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,724

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 73,800)
5%80%
4.99%
2%8%
Property PriceAED 369,000
Loan AmountAED 295,200
Total InterestAED 221,997
Total Cost (Principal + Interest)AED 517,197

Estimated Upfront Costs

Down PaymentAED 73,800
DLD Registration (4%)AED 14,760
Agency Fee (2%)AED 7,380
Total UpfrontAED 95,940

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Recent Apartment Transactions

Similar apartments sold in Discovery Gardens

AED 401K

Avg. Price

AED 660.12

Avg. /sqft

5

Transactions

AED 257K30.3% lower
16 Mar 2026 1 Bed 397 sqftAED 647/sqft
Completed Sale
AED 416K12.8% higher
14 Feb 2026 1 Bed 722 sqftAED 577/sqft
Completed Sale
AED 380K2.9% higher
15 Jan 2026 1 Bed 671 sqftAED 566/sqft
Completed Sale
AED 614K66.5% higher
15 Jan 2026 1 Bed 733 sqftAED 838/sqft
Completed Sale
AED 336K9.0% lower
16 Nov 2025 1 Bed 499 sqftAED 673/sqft
Completed Sale

Transactions shown are for similar apartments in Discovery Gardens. Prices may vary based on floor, view, and finishing.

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