Market bulletin · Thu, 22 Oct 2026
Mediterranean Cluster 38: 2 sales worth AED 1.50M in 30 days
Mediterranean Cluster 38 recorded 2 sales worth AED 1.50M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. 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, Mediterranean Cluster 38 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Nakheel.
Leases registered in the last three months had a median annual rent of AED 46K. The best gross yield is on 1 BR apartments at about 9.3%.
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 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
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 | 2 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 1 |
| 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 | 2 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 0 |
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 | 2 | up 100.0% | AED 1.50M | — | — |
| Last 3 months | 3 | up 50.0% | AED 2.28M | — | — |
| Last 6 months | 5 | down 28.6% | AED 3.57M | 796 | down 2.5% |
| Last 12 months | 12 | up 200.0% | AED 8.72M | 800 | — |
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) | 12 | 100% | AED 763K | 800 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 12 | 100% | AED 763K | 800 | — |
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 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 53
- New leases
- 49.1%
- Median rent 3M
- AED 46K
- Rent/sqft 3M
- AED 83
| 1 BR apartments | AED 71K / AED 768K | 9.3% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 19 | AED 40K | — | 83 |
| 1 BR | 18 | AED 71K | AED 74K | 73 |
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 | — |
| Contemporary Cluster 153Nakheel | 17 | 820 | — |
| Mogul Cluster 187Nakheel | 29 | 1,095 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 780K | 1 BR Apartment · 980 sqftMediterranean Cluster 38 · Discovery Gardens | 16 Sept |
| AED 770K | 1 BR Apartment · 958 sqftMediterranean Cluster 38 · Discovery Gardens | 1 Oct |
| AED 730K | 1 BR Apartment · 969 sqftMediterranean Cluster 38 · Discovery Gardens | 29 Sept |
Questions about Mediterranean Cluster 38
How many properties were sold in Mediterranean Cluster 38 in the last year?
12 sales worth AED 8.72M 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 Mediterranean Cluster 38?
The median annual rent on leases registered in the last three months was AED 46K, and the best gross rental yield is about 9.3%.
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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