Investor Deal | Rented | Great Returns | Apartment in Discovery Gardens
AED 632,000

AED 932 per sqft

Permit Pending Verification

Investor Deal | Rented | Great Returns | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 150 days ago
1
Beds
1
Baths
678
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Mediterranean Cluster, Discovery Gardens. This 678 sqft property offers excellent value at AED 632,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views79
Reference6c8d07b8-8061-49d1-9c57-4aac0e62cca9

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 932/sqft vs market average of AED 725/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 932/sqft
Area benchmark unavailable
Asking priceAED 632,000
DLD transfer fee (4%)AED 25,280
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,475
Agency commission (2%)AED 12,640
Est. total transaction costAED 675,595

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 - 48% Below Market!

This property is priced significantly below the Discovery Gardens average of AED 1800/sqft. You could save AED 588,504 compared to market rate.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
This PropertyAED 932/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
8.39%
After charges
Estimated Rental Income
Monthly
AED 5,267
Annual
AED 63,200
Service Charge: AED 10,170/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average14.1% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,953

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 126,400)
5%80%
4.99%
2%8%
Property PriceAED 632,000
Loan AmountAED 505,600
Total InterestAED 380,223
Total Cost (Principal + Interest)AED 885,823

Estimated Upfront Costs

Down PaymentAED 126,400
DLD Registration (4%)AED 25,280
Agency Fee (2%)AED 12,640
Total UpfrontAED 164,320

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 420K

Avg. Price

AED 694.09

Avg. /sqft

5

Transactions

AED 451K28.7% lower
15 Jan 2026 1 Bed 671 sqftAED 672/sqft
Completed Sale
AED 284K55.0% lower
15 Jan 2026 1 Bed 397 sqftAED 716/sqft
Completed Sale
AED 453K28.4% lower
16 Dec 2025 1 Bed 722 sqftAED 627/sqft
Completed Sale
AED 331K47.6% lower
16 Dec 2025 1 Bed 499 sqftAED 664/sqft
Completed Sale
AED 581K8.1% lower
16 Nov 2025 1 Bed 733 sqftAED 792/sqft
Completed Sale

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