Bright Studio | Open Kitchen | Great Investment | Apartment in Discovery Gardens
AED 277,000

AED 698 per sqft

Permit Pending Verification

Bright Studio | Open Kitchen | Great Investment | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 71 days ago
1
Beds
1
Baths
397
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Mogul Cluster, Discovery Gardens. This 397 sqft property offers excellent value at AED 277,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views28
Referenceb887ef9c-724e-44b8-ade0-5b8132178bbb

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

6.1/ 10
Good Value3.7% below market

At AED 698/sqft vs 725/sqft market average in Discovery Gardens, this listing is 4% below recent transaction values — reasonably priced.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
AskingAED 698/sqft
DLD Market AvgAED 725/sqft

Price Transparency

Estimate
This listing
AED 698/sqft
Area benchmark unavailable
Asking priceAED 277,000
DLD transfer fee (4%)AED 11,080
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 809
Agency commission (2%)AED 5,540
Est. total transaction costAED 296,529

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 - 61% Below Market!

This property is priced significantly below the Discovery Gardens average of AED 1800/sqft. You could save AED 437,494 compared to market rate.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
This PropertyAED 698/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
7.85%
After charges
Estimated Rental Income
Monthly
AED 2,308
Annual
AED 27,700
Service Charge: AED 5,955/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average50% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,294

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 55,400)
5%80%
4.99%
2%8%
Property PriceAED 277,000
Loan AmountAED 221,600
Total InterestAED 166,648
Total Cost (Principal + Interest)AED 388,248

Estimated Upfront Costs

Down PaymentAED 55,400
DLD Registration (4%)AED 11,080
Agency Fee (2%)AED 5,540
Total UpfrontAED 72,020

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 444K

Avg. Price

AED 755.26

Avg. /sqft

5

Transactions

AED 302K9.0% higher
15 Apr 2026 1 Bed 499 sqftAED 605/sqft
Completed Sale
AED 471K69.9% higher
16 Mar 2026 1 Bed 671 sqftAED 702/sqft
Completed Sale
AED 385K38.8% higher
14 Feb 2026 1 Bed 380 sqftAED 1,012/sqft
Completed Sale
AED 467K68.6% higher
14 Feb 2026 1 Bed 722 sqftAED 647/sqft
Completed Sale
AED 594K114.6% higher
16 Nov 2025 1 Bed 733 sqftAED 811/sqft
Completed Sale

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