Registered rents

Rents in Discovery Gardens

Median registered annual rent in Discovery Gardens, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months.

What tenants pay

Registered rents

Median registered annual rent in Discovery Gardens by bedroom, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months: what tenants actually signed for, not asking rents. Gross yield is that median against the median registered sale price of the same bedroom count over the same months.

Apartments: median AED 50,704 a year across 14,206 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
Studio
AED 42,000
new AED 45,000 · renewal AED 39,000
+7.7% vs a year ago · new lettings −1.1%
AED 36,336 – AED 46,000
middle half · 6,846 contracts
8.2%
1 bed
AED 60,000
new AED 65,000 · renewal AED 57,060
+7.1% vs a year ago · new lettings ±0.0%
AED 53,361 – AED 66,150
middle half · 5,779 contracts
7.7%
2 bed
AED 76,451
new AED 86,999 · renewal AED 74,549
+4.8% vs a year ago · new lettings +1.2%
AED 72,050 – AED 85,999
middle half · 1,580 contracts
6.1%

68% of these contracts are renewals; 91% run the standard 12 months.

Rent or buy? The arithmetic

For studio apartments: the median registered sale price is AED 515,000, which is 12.3 years of the median registered rent (AED 42,000 a year). Buying needs about AED 123,600 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 2.9 years of that rent.

Medians of different homes, not one flat priced both ways. Leaves out mortgage interest, service charges, agency fees and price changes. Run your own numbers →

Registered = DLD/Ejari rent contracts (single-property, ≤ AED 2M a year); a figure needs at least 20 contracts, and a yield at least 20 registered sales too. Gross = before service charges, fees and vacancy. How we read rents →

Rent check
See where your rent sits against registered Ejari contracts for the same community, type and bedrooms.
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