Modern Studio | Near Metro | Investor Deal | Apartment in Discovery Gardens
AED 354,000

AED 932 per sqft

Permit Pending Verification

Modern Studio | Near Metro | Investor Deal | Apartment in Discovery Gardens

Discovery Gardens, Dubai
Listed 95 days ago
1
Beds
1
Baths
380
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Grape Cluster, Discovery Gardens. This 380 sqft property offers excellent value at AED 354,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views39
Referencef7b5a166-f454-4346-91c0-9bea8d10a3dd

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

Price Transparency

Estimate
This listing
AED 932/sqft
Area benchmark unavailable
Asking priceAED 354,000
DLD transfer fee (4%)AED 14,160
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 954
Agency commission (2%)AED 7,080
Est. total transaction costAED 378,294

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 - 48% Below Market!

This property is priced significantly below the Discovery Gardens average of AED 1800/sqft. You could save AED 329,840 compared to market rate.

Price per sqft comparisonDiscovery Gardens · 1 BR apartment
This PropertyAED 932/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
8.39%
After charges
Estimated Rental Income
Monthly
AED 2,950
Annual
AED 35,400
Service Charge: AED 5,700/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average36.1% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,654

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 70,800)
5%80%
4.99%
2%8%
Property PriceAED 354,000
Loan AmountAED 283,200
Total InterestAED 212,973
Total Cost (Principal + Interest)AED 496,173

Estimated Upfront Costs

Down PaymentAED 70,800
DLD Registration (4%)AED 14,160
Agency Fee (2%)AED 7,080
Total UpfrontAED 92,040

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 714.28

Avg. /sqft

5

Transactions

AED 341K3.6% lower
14 Feb 2026 1 Bed 499 sqftAED 684/sqft
Completed Sale
AED 667K88.3% higher
14 Feb 2026 1 Bed 733 sqftAED 910/sqft
Completed Sale
AED 459K29.6% higher
15 Jan 2026 1 Bed 722 sqftAED 636/sqft
Completed Sale
AED 480K35.6% higher
16 Dec 2025 1 Bed 671 sqftAED 715/sqft
Completed Sale
AED 249K29.7% lower
16 Dec 2025 1 Bed 397 sqftAED 627/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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