Discovery Gardens · Listing

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
3mo 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
Views31
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

Mogul Cluster

· Discovery Gardens

Deal Score™

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.

Asking AED/sqft

AED 698

DLD Market Avg

AED 725

Avg

AED 431,037

Median

AED 401,000

Range

277K–634K

DLD Benchmark
Property priceAED 277,000
DLD transfer fee (4%)AED 11,080
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 693
Agency commission (2%)AED 5,540
Total to acquireAED 298,513

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

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

Recent Apartment Transactions

Similar apartments sold in Discovery Gardens

AED 444K

Avg. Price

AED 749.04

Avg. /sqft

5

Transactions

AED 486K75.4% above this listing
19 May 2026 1 Bed 722 sqftAED 673/sqft
Completed Sale
AED 429K55.0% above this listing
19 Apr 2026 1 Bed 671 sqftAED 640/sqft
Completed Sale
AED 290K4.5% above this listing
20 Mar 2026 1 Bed 499 sqftAED 580/sqft
Completed Sale
AED 647K133.5% above this listing
20 Mar 2026 1 Bed 733 sqftAED 882/sqft
Completed Sale
AED 369K33.1% above this listing
18 Feb 2026 1 Bed 380 sqftAED 970/sqft
Completed Sale

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

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).

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