Market bulletin · Thu, 22 Oct 2026
Mogul Cluster 206: median AED 908/sqft, down 5.0% over three months on 21 sales
Mogul Cluster 206 recorded 8 sales worth AED 5.71M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 3 sales were registered (AED 1.99M), against 0 the week before.
The median sale over the last three months was AED 745K, or AED 908/sqft — like-for-like prices per sqft down 5.0% on the previous three months. Monthly medians over the past year ranged from AED 907/sqft to AED 1,062/sqft.
By market over 12 months: secondary (ready) sales 100%.
In Discovery Gardens, Mogul Cluster 206 ranked #2 of 11 leading projects by 12-month sales value; it is developed by Nakheel. Its first registered sale was on 4 February 2026.
Leases registered in the last three months had a median annual rent of AED 42K. The best gross yield is on Studio apartments at about 7.4%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 907 |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 1,042 |
| May 26 | — |
| Apr 26 | AED 999 |
| Mar 26 | — |
| Feb 26 | AED 1,062 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 4 |
| Sept 26 | 0 | 0 | 10 |
| Aug 26 | 0 | 0 | 4 |
| Jul 26 | 0 | 0 | 4 |
| Jun 26 | 0 | 0 | 9 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 33 |
| Mar 26 | 0 | 0 | 4 |
| Feb 26 | 0 | 0 | 8 |
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 | 8 | unchanged 0.0% | AED 5.71M | 894 | down 1.7% |
| Last 3 months | 21 | down 8.7% | AED 14.6M | 908 | down 8.3% |
| Last 6 months | 44 | up 29.4% | AED 28.3M | 963 | down 6.5% |
| Last 12 months | 78 | — | AED 48.6M | 990 | — |
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) | 78 | 100% | AED 623K | 990 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 42 | 54% | AED 500K | 1,052 | — |
| 1 bedroom | 36 | 46% | AED 767K | 930 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 78 | 100% | AED 623K | 990 | — |
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 | AED 37K |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | — |
| Apr 25 | — |
| Mar 25 | AED 35K |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | AED 47K |
| Nov 24 | — |
- Leases (12M)
- 48
- New leases
- 16.7%
- Median rent 3M
- AED 42K
- Rent/sqft 3M
- AED 88
| Studio apartments | AED 37K / AED 500K | 7.4% |
|---|---|---|
| 1 BR apartments | AED 53K / AED 767K | 7.0% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 33 | AED 37K | — | 80 |
| 1 BR | 11 | AED 53K | — | 64 |
Competing projects in Discovery Gardens
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Mogul Cluster 225Nakheel | 54 | 961 | — |
| 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 | — |
| Contemporary Cluster 132Nakheel | 13 | 893 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 760K | 1 BR Apartment · 836 sqftMogul Cluster 206 · Discovery Gardens | 3 Sept |
| AED 760K | 1 BR Apartment · 799 sqftMogul Cluster 206 · Discovery Gardens | 4 Sept |
| AED 760K | 1 BR Apartment · 799 sqftMogul Cluster 206 · Discovery Gardens | 10 Sept |
| AED 760K | 1 BR Apartment · 837 sqftMogul Cluster 206 · Discovery Gardens | 14 Sept |
| AED 760K | 1 BR Apartment · 840 sqftMogul Cluster 206 · Discovery Gardens | 16 Sept |
| AED 760K | 1 BR Apartment · 836 sqftMogul Cluster 206 · Discovery Gardens | 29 Sept |
Questions about Mogul Cluster 206
What is the average price per sqft in Mogul Cluster 206?
The median sale price in Mogul Cluster 206 over the last three months was AED 908 per sqft (median sale AED 745K), based on 21 sales registered with Dubai Land Department.
How many properties were sold in Mogul Cluster 206 in the last year?
78 sales worth AED 48.6M 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 206?
The median annual rent on leases registered in the last three months was AED 42K, and the best gross rental yield is about 7.4%.
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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