Market bulletin · Thu, 22 Oct 2026
Contemporary Cluster 128: 1 sales worth AED 1.45M in 30 days
Contemporary Cluster 128 recorded 1 sale worth AED 1.45M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Discovery Gardens, Contemporary Cluster 128 ranked #5 of 11 leading projects by 12-month sales value; it is developed by Nakheel. Its first registered sale was on 20 February 2025.
Leases registered in the last three months had a median annual rent of AED 71K. The best gross yield is on 2 BR apartments at about 4.9%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 923 |
| Dec 25 | AED 930 |
| Nov 25 | — |
| Oct 25 | AED 921 |
| Sept 25 | AED 912 |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 333 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 0 |
| Jun 26 | 0 | 0 | 0 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
| Jan 26 | 0 | 0 | 5 |
| Dec 25 | 0 | 0 | 7 |
| Nov 25 | 0 | 0 | 4 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.45M | — | — |
| Last 3 months | 3 | up 200.0% | AED 4.26M | — | — |
| Last 6 months | 4 | down 77.8% | AED 5.56M | — | — |
| Last 12 months | 23 | down 41.0% | AED 30.4M | 923 | up 59.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 23 | 100% | AED 1.43M | 923 | up 59.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 3 | 13% | — | — | — |
| 2 bedrooms | 20 | 87% | AED 1.44M | 923 | up 170.7% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 23 | 100% | AED 1.43M | 923 | up 59.1% |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | AED 69K |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 74K |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 71K |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 57
- New leases
- 28.1%
- Median rent 3M
- AED 71K
- Rent/sqft 3M
- AED 52
| 2 BR apartments | AED 71K / AED 1.44M | 4.9% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 2 BR | 36 | AED 71K | — | 50 |
Competing projects in Discovery Gardens
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Mogul Cluster 225Nakheel | 54 | 961 | — |
| Mogul Cluster 206Nakheel | 78 | 908 | down 5.0% |
| Mesoamerican Cluster 256Nakheel | 74 | 1,074 | — |
| Contemporary Cluster 167Nakheel | 34 | 770 | — |
| Contemporary Cluster 110Nakheel | 23 | 911 | — |
| Mogul Cluster 223Nakheel | 30 | 1,275 | — |
| Contemporary Cluster 113Nakheel | 19 | 900 | — |
| Contemporary Cluster 153Nakheel | 17 | 820 | — |
| Mogul Cluster 187Nakheel | 29 | 1,095 | — |
| Contemporary Cluster 132Nakheel | 13 | 893 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.45M | 2 BR Apartment · 1,590 sqftContemporary Cluster 128 · Discovery Gardens | 1 Oct |
| AED 1.40M | 2 BR Apartment · 1,585 sqftContemporary Cluster 128 · Discovery Gardens | 12 Aug |
| AED 1.40M | 2 BR Apartment · 1,585 sqftContemporary Cluster 128 · Discovery Gardens | 14 Aug |
Questions about Contemporary Cluster 128
How many properties were sold in Contemporary Cluster 128 in the last year?
23 sales worth AED 30.4M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Contemporary Cluster 128?
The median annual rent on leases registered in the last three months was AED 71K, and the best gross rental yield is about 4.9%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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