Market bulletin · Thu, 22 Oct 2026
Mogul Cluster 197: 0 sales worth AED 0 in 30 days
Mogul Cluster 197 recorded 0 sales worth AED 0 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, Mogul Cluster 197 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 45K. The best gross yield is on Studio apartments at about 8.1%.
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 | AED 1,022 |
| 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 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 0 | 0 | 4 |
| Jun 26 | 0 | 0 | 2 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 3 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 0 | 1 |
| Nov 25 | 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 | 0 | — | AED 0 | — | — |
| Last 3 months | 2 | down 60.0% | AED 1.50M | — | — |
| Last 6 months | 7 | up 16.7% | AED 4.29M | 1,012 | down 3.3% |
| Last 12 months | 14 | down 26.3% | AED 8.63M | 1,040 | up 8.4% |
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) | 14 | 100% | AED 564K | 1,040 | up 8.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 9 | 64% | AED 530K | 1,056 | up 3.3% |
| 1 bedroom | 5 | 36% | AED 755K | 866 | up 8.7% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 14 | 100% | AED 564K | 1,040 | up 8.4% |
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 | AED 47K |
| May 26 | AED 48K |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 48K |
| Jan 26 | AED 41K |
| Dec 25 | AED 43K |
| Nov 25 | AED 41K |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | — |
| Feb 25 | AED 42K |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
- Leases (12M)
- 97
- New leases
- 34%
- Median rent 3M
- AED 45K
- Rent/sqft 3M
- AED 89
| Studio apartments | AED 43K / AED 530K | 8.1% |
|---|---|---|
| 1 BR apartments | AED 58K / AED 755K | 7.7% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 62 | AED 43K | AED 48K | 87 |
| 1 BR | 12 | AED 58K | — | 68 |
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 750K | 1 BR Apartment · 872 sqftMogul Cluster 197 · Discovery Gardens | 30 Jul |
| AED 750K | 1 BR Apartment · 872 sqftMogul Cluster 197 · Discovery Gardens | 30 Jul |
Questions about Mogul Cluster 197
How many properties were sold in Mogul Cluster 197 in the last year?
14 sales worth AED 8.63M 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 Mogul Cluster 197?
The median annual rent on leases registered in the last three months was AED 45K, and the best gross rental yield is about 8.1%.
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.
BT AI Market Desk
Get every brief in your inbox
Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.