307, Mediterranean Cluster 49
Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Mediterranean Cluster 49
What is 307 worth today?
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Source: Dubai Land Department. Updated 3 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 3rd of 5
- Parking
- nan
- Service charge
- AED 8,400 /yr
- Last sold
- AED 420K · June 2016
- Building
- Mediterranean Cluster 49
About 307, Mediterranean Cluster 49
307 is a studio of 476 sqft on the 3rd floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 19 June 2016 for AED 420,000, or AED 882 per sqft, 11% below the AED 987 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 3 October 2024, is AED 48,000 a year: a gross yield of 11.4% on the 2016 price, before the service charge of about AED 8,400 a year.
Sales and rents for 307 over time
307 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Mediterranean Cluster 49, and where 307 sits
All 69 studios →307 last sold in June 2016 at AED 882 per sqft, 11% below what studios in Mediterranean Cluster 49 were fetching at the time (AED 987). 307's AED 48,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 476 sqft | 515,000 | 1,082 | ||
| 27 May 202527 May 2025 | 476 sqft | 510,000 | 1,071 | ||
| 22 May 202522 May 2025 | 528 sqft | 535,000 | 1,014 | ||
| 15 May 202515 May 2025 | 486 sqft | 545,000 | 1,120 |
Mediterranean Cluster 49
Building99 apartments, studios to 1-bed over 5 floors in Discovery Gardens. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 48K /yr
- Typical yield
Other units on the 3rd floor
All 99 units in Mediterranean Cluster 49| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 838 sqft | AED 710KAED 710,000 · Mar 2017March 2017 | 60,000 /yr | |
| 302 | 1-bed | 820 sqft | AED 440KAED 440,000 · Jan 2013January 2013 | 31,000 /yr | |
| 303 | Studio | 486 sqft | AED 545KAED 545,000 · May 2025May 2025 | 48,000 /yr | |
| 304 | Studio | 528 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 46,000 /yr | |
| 305 | Studio | 466 sqft | AED 495KAED 495,000 · Jul 2016July 2016 | 45,000 /yr | |
| 306 | Studio | 465 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 37,000 /yr | |
| 308 | Studio | 476 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 46,000 /yr | |
| 309 | 1-bed | 800 sqft | AED 710KAED 710,000 · Jun 2025June 2025 | 70,000 /yr | |
| 310 | Studio | 476 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 30,000 /yr | |
| 311 | Studio | 476 sqft | AED 495KAED 495,000 · Sep 2016September 2016 | 44,000 /yr | |
| 312 | Studio | 465 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 28,000 /yr | |
| 313 | Studio | 466 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 50,000 /yr | |
| 314 | Studio | 528 sqft | AED 305KAED 305,000 · Jan 2013January 2013 | 47,000 /yr | |
| 315 | Studio | 486 sqft | AED 515KAED 515,000 · Jan 2017January 2017 | 30,000 /yr | |
| 316 | 1-bed | 820 sqft | AED 440KAED 440,000 · Jan 2013January 2013 | 49,500 /yr | |
| 317 | 1-bed | 838 sqft | AED 365KAED 365,000 · Aug 2022August 2022 | 73,000 /yr |
307, Mediterranean Cluster 49 in numbers
- Sold twice: first on 13 January 2013 for AED 330,000, last on 19 June 2016 for AED 420,000 (AED 882 per sqft).
- Rented since June 2012 on 7 Ejari contracts. The rent fell from AED 32,000 to AED 24,000 in 2020 and recovered to AED 48,000 by October 2024.
- At AED 48,000 a year the gross yield on the 2016 price is 11.4%, before a service charge of about AED 8,400 a year (AED 17.61 per sqft).
Source: Dubai Land Department. Updated 3 October 2024.
Questions about 307, Mediterranean Cluster 49
What did unit 307 last sell for?
AED 420,000 on 19 June 2016: AED 882 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 330,000 in January 2013.
What is the rent for unit 307?
AED 48,000 a year on the contract signed on 3 October 2024. The previous contract, from September 2023, was AED 36,000; the unit has been rented since June 2012.
How big is unit 307?
476 sqft (44.2 sqm): a studio on the 3rd floor of a 5-storey tower.
What is unit 307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 307, Mediterranean Cluster 49
Starts from the last sale price (AED 420K, 19 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →