Modern 1 Bed | High Floor | Open View | Apartment in Discovery Gardens
AED 401,000

AED 587 per sqft

Permit Pending Verification

Modern 1 Bed | High Floor | Open View | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 98 days ago
1
Beds
1
Baths
683
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Cactus Cluster, Discovery Gardens. This 683 sqft property offers excellent value at AED 401,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views123
Reference647a83ae-b843-4842-b77c-9fd12de98df6

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

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

8.3/ 10
Great Deal19.0% below market

Priced at AED 587/sqft vs market avg of AED 725/sqft in Discovery Gardens. This property is 19% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
AskingAED 587/sqft
DLD Market AvgAED 725/sqft

Price Transparency

Estimate
This listing
AED 587/sqft
Area benchmark unavailable
Asking priceAED 401,000
DLD transfer fee (4%)AED 16,040
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 1,042
Agency commission (2%)AED 8,020
Est. total transaction costAED 428,202

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 - 67% Below Market!

This property is priced significantly below the Discovery Gardens average of AED 1800/sqft. You could save AED 828,479 compared to market rate.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
This PropertyAED 587/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
7.45%
After charges
Estimated Rental Income
Monthly
AED 3,342
Annual
AED 40,100
Service Charge: AED 10,245/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average27.6% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,873

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 80,200)
5%80%
4.99%
2%8%
Property PriceAED 401,000
Loan AmountAED 320,800
Total InterestAED 241,249
Total Cost (Principal + Interest)AED 562,049

Estimated Upfront Costs

Down PaymentAED 80,200
DLD Registration (4%)AED 16,040
Agency Fee (2%)AED 8,020
Total UpfrontAED 104,260

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 427K

Avg. Price

AED 707.93

Avg. /sqft

5

Transactions

AED 374K6.8% lower
16 Mar 2026 1 Bed 499 sqftAED 749/sqft
Completed Sale
AED 278K30.7% lower
16 Mar 2026 1 Bed 397 sqftAED 700/sqft
Completed Sale
AED 427K6.4% higher
16 Dec 2025 1 Bed 671 sqftAED 636/sqft
Completed Sale
AED 547K36.3% higher
16 Dec 2025 1 Bed 733 sqftAED 746/sqft
Completed Sale
AED 512K27.7% higher
16 Nov 2025 1 Bed 722 sqftAED 709/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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