Large 1BR | Balcony | Near Metro | Apartment in Discovery Gardens
AED 611,000

AED 754 per sqft

Permit Pending Verification

Large 1BR | Balcony | Near Metro | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 132 days ago
1
Beds
1
Baths
810
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Mogul Cluster, Discovery Gardens. This 810 sqft property offers excellent value at AED 611,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views40
Referenced039b704-309d-460b-be86-5bea750e0764

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

Price Transparency

Estimate
This listing
AED 754/sqft
Area benchmark unavailable
Asking priceAED 611,000
DLD transfer fee (4%)AED 24,440
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,436
Agency commission (2%)AED 12,220
Est. total transaction costAED 653,296

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 - 58% Below Market!

This property is priced significantly below the Discovery Gardens average of AED 1800/sqft. You could save AED 847,260 compared to market rate.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
This PropertyAED 754/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
8.01%
After charges
Estimated Rental Income
Monthly
AED 5,092
Annual
AED 61,100
Service Charge: AED 12,150/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average10.3% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,855

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 122,200)
5%80%
4.99%
2%8%
Property PriceAED 611,000
Loan AmountAED 488,800
Total InterestAED 367,589
Total Cost (Principal + Interest)AED 856,389

Estimated Upfront Costs

Down PaymentAED 122,200
DLD Registration (4%)AED 24,440
Agency Fee (2%)AED 12,220
Total UpfrontAED 158,860

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 435K

Avg. Price

AED 715.31

Avg. /sqft

5

Transactions

AED 648K6.0% higher
15 Apr 2026 1 Bed 733 sqftAED 884/sqft
Completed Sale
AED 300K51.0% lower
14 Feb 2026 1 Bed 397 sqftAED 755/sqft
Completed Sale
AED 459K24.9% lower
16 Dec 2025 1 Bed 722 sqftAED 636/sqft
Completed Sale
AED 311K49.0% lower
16 Dec 2025 1 Bed 499 sqftAED 624/sqft
Completed Sale
AED 455K25.5% lower
16 Nov 2025 1 Bed 671 sqftAED 678/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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