Upgraded 1BR | Premium Location | High ROI | Apartment in Discovery Gardens
AED 629,000

AED 917 per sqft

Permit Pending Verification

Upgraded 1BR | Premium Location | High ROI | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 148 days ago
1
Beds
1
Baths
686
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Cactus Cluster, Discovery Gardens. This 686 sqft property offers excellent value at AED 629,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views31
Referenceaf2e16a8-801b-4767-8a98-a6f079bd5912

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

Price Transparency

Estimate
This listing
AED 917/sqft
Area benchmark unavailable
Asking priceAED 629,000
DLD transfer fee (4%)AED 25,160
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,469
Agency commission (2%)AED 12,580
Est. total transaction costAED 672,409

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 - 49% Below Market!

This property is priced significantly below the Discovery Gardens average of AED 1800/sqft. You could save AED 605,738 compared to market rate.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
This PropertyAED 917/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
8.36%
After charges
Estimated Rental Income
Monthly
AED 5,242
Annual
AED 62,900
Service Charge: AED 10,290/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average13.5% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,939

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 125,800)
5%80%
4.99%
2%8%
Property PriceAED 629,000
Loan AmountAED 503,200
Total InterestAED 378,418
Total Cost (Principal + Interest)AED 881,618

Estimated Upfront Costs

Down PaymentAED 125,800
DLD Registration (4%)AED 25,160
Agency Fee (2%)AED 12,580
Total UpfrontAED 163,540

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 439K

Avg. Price

AED 718

Avg. /sqft

5

Transactions

AED 639K1.6% higher
15 Apr 2026 1 Bed 733 sqftAED 871/sqft
Completed Sale
AED 450K28.5% lower
16 Mar 2026 1 Bed 722 sqftAED 623/sqft
Completed Sale
AED 275K56.2% lower
16 Mar 2026 1 Bed 397 sqftAED 694/sqft
Completed Sale
AED 513K18.5% lower
14 Feb 2026 1 Bed 671 sqftAED 764/sqft
Completed Sale
AED 318K49.4% lower
15 Jan 2026 1 Bed 499 sqftAED 638/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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