Market bulletin · Thu, 22 Oct 2026
Contemporary Cluster 153: 4 sales worth AED 4.50M in 30 days
Contemporary Cluster 153 recorded 4 sales worth AED 4.50M in the 30 days to Thu, 22 Oct 2026, up 300.0% on the previous 30 days. Over the last week 1 sale was registered (AED 1.10M), against 1 the week before.
The median sale over the last three months was AED 1.13M, or AED 820/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Discovery Gardens, Contemporary Cluster 153 ranked #9 of 11 leading projects by 12-month sales value; it is developed by Nakheel. Its first registered sale was on 8 January 2026.
Leases registered in the last three months had a median annual rent of AED 79K. The best gross yield is on 2 BR apartments at about 6.7%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | AED 858 |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 2 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 5 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 2 |
| Jan 26 | 0 | 0 | 2 |
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 | 4 | up 300.0% | AED 4.50M | — | — |
| Last 3 months | 7 | up 40.0% | AED 6.63M | 820 | down 4.0% |
| Last 6 months | 12 | up 140.0% | AED 11.6M | 835 | down 10.4% |
| Last 12 months | 17 | — | AED 17.8M | 858 | — |
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) | 17 | 100% | AED 1.15M | 858 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 4 | 24% | — | — | — |
| 1 bedroom | 1 | 6% | — | — | — |
| 2 bedrooms | 12 | 71% | AED 1.19M | 847 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 16 | 94% | AED 1.15M | 856 | — |
| AED 2M–10M | 1 | 6% | — | — | — |
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 79K |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 75K |
| Jun 25 | AED 75K |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 70K |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 41
- New leases
- 24.4%
- Median rent 3M
- AED 79K
- Rent/sqft 3M
- AED 63
| 2 BR apartments | AED 79K / AED 1.19M | 6.7% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 2 BR | 31 | AED 79K | — | 58 |
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 128Nakheel | 23 | 923 | — |
| Contemporary Cluster 110Nakheel | 23 | 911 | — |
| Mogul Cluster 223Nakheel | 30 | 1,275 | — |
| Contemporary Cluster 113Nakheel | 19 | 900 | — |
| Mogul Cluster 187Nakheel | 29 | 1,095 | — |
| Contemporary Cluster 132Nakheel | 13 | 893 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.15M | 2 BR Apartment · 1,412 sqftContemporary Cluster 153 · Discovery Gardens | 10 Aug |
| AED 1.15M | 2 BR Apartment · 1,445 sqftContemporary Cluster 153 · Discovery Gardens | 14 Oct |
| AED 1.13M | 2 BR Apartment · 1,372 sqftContemporary Cluster 153 · Discovery Gardens | 23 Sept |
| AED 1.13M | 2 BR Apartment · 1,354 sqftContemporary Cluster 153 · Discovery Gardens | 24 Sept |
| AED 1.10M | 2 BR Apartment · 1,342 sqftContemporary Cluster 153 · Discovery Gardens | 22 Oct |
| AED 500K | Studio Apartment · 462 sqftContemporary Cluster 153 · Discovery Gardens | 26 Aug |
Questions about Contemporary Cluster 153
What is the average price per sqft in Contemporary Cluster 153?
The median sale price in Contemporary Cluster 153 over the last three months was AED 820 per sqft (median sale AED 1.13M), based on 7 sales registered with Dubai Land Department.
How many properties were sold in Contemporary Cluster 153 in the last year?
17 sales worth AED 17.8M 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 153?
The median annual rent on leases registered in the last three months was AED 79K, and the best gross rental yield is about 6.7%.
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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