AED 550,000
Own this from just
2,262 AED/monthStudio
1 Bathroom
527 sqft / 49 sqm
APARTMENT FOR SALE IN MED 65, MEDITERRANEAN CLUSTERInvest smart with this spacious 527 sq ft studio apartment located in the sought-after Mediterranean Cluster of Discovery Gardens.
Offering a gross ROI of 10.8%, this unit is ideal for investors looking for strong rental returns.
Currently rented at AED 50,000/year, with low annual maintenance costs (~AED 7,000), this property offers a net return of AED 43,000.
The apartment comes with open parking and access to community amenities including a kid’s play area and swimming pool.
• Size: 527 sq ft
• Price: AED 550,000
• Maintenance: AED 13.5/sq ft
• Rental Income: AED 50K/year
• Net ROI: 8%
• Cluster: Mediterranean
• Parking: Open
Discovery Gardens is situated in the northern section of the Jebel Ali Village area. The original Jebel Ali Village was established in 1977 to accommodate staff working for construction contractors.
Don’t miss out on this high-yield opportunity in a well-connected, family-friendly community!
Gross ROI 10.8% I Studio I Prime Community
Offering a gross ROI of 10.8%, this unit is ideal for investors looking for strong rental returns.
Currently rented at AED 50,000/year, with low annual maintenance costs (~AED 7,000), this property offers a net return of AED 43,000.
The apartment comes with open parking and access to community amenities including a kid’s play area and swimming pool.
• Size: 527 sq ft
• Price: AED 550,000
• Maintenance: AED 13.5/sq ft
• Rental Income: AED 50K/year
• Net ROI: 8%
• Cluster: Mediterranean
• Parking: Open
Discovery Gardens is situated in the northern section of the Jebel Ali Village area. The original Jebel Ali Village was established in 1977 to accommodate staff working for construction contractors.
Don’t miss out on this high-yield opportunity in a well-connected, family-friendly community!
Property details
Property Type
Apartment
Property Size
527 sqft / 49 sqm
Bedrooms
studio
Bathrooms
1
Amenities
Central A/C
Private Garden
Shared Pool
Security
Pets Allowed
Location
Price Insights
This property costs 14% less than the average price of studio bedroom in Discovery Gardens
Average Sale Price is 640,364 AED
This property is 18% bigger than the average size of studio bedroom in Discovery Gardens
Average size is 447 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Discovery Gardens
Provided by
Homes 4 Life Real Estate LLC
See all properties (385)Response time
within 30 minutes
Experience
11 years
Closed Deals
12
Languages
English, Russian, Hindi
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Monthly payment
2,262 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
H4L-3611543
Listed
1 month ago
Broker License
1760
Zone name
Jabal Ali
DLD Permit Number:
7120984700
Agent License
37622
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Own this property from just
2,262 AED /month
Fixed rates from: 3.75%
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