1-bed · 838 sqftMediterranean Cluster 49, Discovery Gardens · 4th floor

417, Mediterranean Cluster 49

Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 545K18 April 2013
Current rentAED 42K /yr20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Mediterranean Cluster 49

What is 417 worth today?

Last sold for AED 545,000 in 2013

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20 Dec 2023RentedRenewal
AED 41,600/yr12 months · AED 50 per sqft
20 Dec 2022RentedRenewal
AED 37,900/yr12 months · AED 45 per sqft
20 Dec 2021RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
20 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
10 Aug 2019RentedRenewal
AED 49,200/yr12 months · AED 59 per sqft
10 Aug 2018RentedRenewal
AED 57,000/yr12 months · AED 68 per sqft
26 Jun 2016RentedNew contract
AED 68,000/yr12 months · AED 81 per sqft
1 Jun 2015RentedRenewal
AED 72,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
1-bed apartment
Size
838 sqft
Floor
4th of 5
Parking
nan
Service charge
AED 14,800 /yr
Last sold
AED 545K · April 2013

About 417, Mediterranean Cluster 49

417 is a one-bedroom apartment of 838 sqft on the 4th floor of Mediterranean Cluster 49, a 5-storey tower in Discovery Gardens. It last sold on 18 April 2013 for AED 545,000, or AED 650 per sqft, 12% above the AED 581 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 41,600 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 14,800 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical one-bed in Mediterranean Cluster 49
400K600K2013201720212025Typical sale price by year: 2013 AED 515,000; 2014 AED 710,000; 2022 AED 390,000; 2024 AED 600,000; 2025 AED 710,000Sold by developer, January 2013: AED 465,000 (AED 554 per sqft)Sold, April 2013: AED 545,000 (AED 650 per sqft)

417 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 417, each contractTypical one-bed in Mediterranean Cluster 49
40K60K2012201620202024Typical rent by year: 2012 AED 45,000; 2013 AED 50,000; 2014 AED 54,269; 2015 AED 65,000; 2016 AED 65,500; 2017 AED 60,942; 2018 AED 53,000; 2019 AED 45,000; 2020 AED 38,298; 2021 AED 32,500; 2022 AED 37,700; 2023 AED 45,000; 2024 AED 54,450; 2025 AED 63,000; 2026 AED 66,000Renewal, June 2015: AED 72,000 a yearNew contract, June 2016: AED 68,000 a yearRenewal, August 2018: AED 57,000 a yearRenewal, August 2019: AED 49,200 a yearNew contract, December 2020: AED 30,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, December 2022: AED 37,900 a yearRenewal, December 2023: AED 41,600 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Mediterranean Cluster 49, and where 417 sits

All 29 1-beds →

417 last sold in April 2013 at AED 650 per sqft, 12% above what one-beds in Mediterranean Cluster 49 were fetching at the time (AED 581). 417's AED 41,600 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jun 2025710,000
30 Apr 2025745,000
14 Mar 2025690,000
11 Oct 2024600,000
0 1-bed sales in the last 12 months

Mediterranean Cluster 49

Building

99 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
Mediterranean Cluster 49, Discovery Gardens: prices, sales and rents →

Other units on the 4th floor

All 99 units in Mediterranean Cluster 49
Value
4011-bedAED 495K · Jan 2013
4021-bedAED 450K · Jan 2013
403StudioAED 525K · Apr 2017
404StudioAED 495K · Nov 2024
405StudioAED 495K · Mar 2017
406StudioAED 410K · Nov 2023
407StudioAED 415K · Nov 2023
1–7 of 16

417, Mediterranean Cluster 49 in numbers

  • Sold twice: first on 14 January 2013 for AED 465,000, last on 18 April 2013 for AED 545,000 (AED 650 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 30,000 in 2020 and recovered to AED 41,600 by December 2023.
  • At AED 41,600 a year the gross yield on the 2013 price is 7.6%, before a service charge of about AED 14,800 a year (AED 17.61 per sqft).

Source: Dubai Land Department. Updated 20 December 2023.

Questions about 417, Mediterranean Cluster 49

What did unit 417 last sell for?

AED 545,000 on 18 April 2013: AED 650 per sqft for 838 sqft. The unit has 2 registered sales; the first was AED 465,000 in January 2013.

What is the rent for unit 417?

AED 41,600 a year on the contract renewed on 20 December 2023. The previous contract, from December 2022, was AED 37,900; the unit has been rented since June 2015.

How big is unit 417?

838 sqft (77.9 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower.

What is unit 417 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 417, Mediterranean Cluster 49

Starts from the last sale price (AED 545K, 18 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →