Modern 2 Bed | High Floor | Vacant | Apartment in Discovery Gardens
AED 150,000/year

AED 144 per sqft

Permit Pending Verification

Modern 2 Bed | High Floor | Vacant | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 100 days ago
2
Beds
2
Baths
1,043
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Cactus Cluster, Discovery Gardens. This 1043 sqft property offers excellent value at AED 682,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views185
Referenceb49aa9a4-c55e-49dd-8940-bfc8277ced7f

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

Price Transparency

Estimate
This listing
AED 144/sqft
Area benchmark unavailable
Annual rentAED 150,000
Security deposit (est. 5%)AED 7,500
Ejari registrationAED 220
Agency commission (5% one-off)AED 7,500
Est. first-year cash outlayAED 165,220

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.

Rental Market Comparison

Premium Rent

Premium Rent - 23% Above Market

Significantly above the Discovery Gardens average. May include premium amenities or location advantages.

Area Avg Rent
AED 117
per sqft/year
This Property
AED 144
23% above avg
Area Yield
6.5%
rental return
Monthly
AED 13K
per month

Investor Insight

Est. Property Value

AED 1.9M

Implied Yield

7.99%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • 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

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).

Rental Cost Analysis

Monthly Rent

AED 12,500

Annual: AED 150,000

AED 144/sqft per year

AED 150,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 7,500
Agency Commission(5% of annual rent)
AED 7,500
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 17,220

Recent Apartment Rental Transactions

Similar apartments rented in Discovery Gardens

AED 130K

Avg. Annual Rent

AED 130.15

Avg. /sqft (yr)

5

Rentals

AED 157K4.4% higher
15 Apr 2026 2 Bed 924 sqftAED 169/sqft
Rental Agreement
AED 76K49.1% lower
14 Feb 2026 2 Bed 1,043 sqftAED 73/sqft
Rental Agreement
AED 92K38.4% lower
16 Nov 2025 2 Bed 1,043 sqftAED 89/sqft
Rental Agreement
AED 77K48.6% lower
16 Nov 2025 2 Bed 1,043 sqftAED 74/sqft
Rental Agreement
AED 245K63.5% higher
16 Nov 2025 2 Bed 998 sqftAED 246/sqft
Rental Agreement

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

Similar Properties

2-Bedroom apartment in Discovery Gardens