Apartment to Buy in Discovery Gardens , DUBAI
Studio
1 Bath
527 sqft
Apartment
AED 550,000
Discovery Gardens , DUBAI
Gross ROI 10.8% I Studio I Prime Community I
Overview
Invest smart with this spacious 527 sq ft studio apartment located in the sought-after Mediterranean Cluster of Discovery Gardens. Offering a gross ROI of 10.8%, this unit is ideal for investors looking for strong rental returns. Currently rented at AED 50,000/year, with low annual maintenance costs (~AED 7,000), this property offers a net return of AED 43,000. The apartment comes with open parking and access to community amenities including a kid’s play area and swimming pool. • Size: 527 sq ft • Price: AED 540,000 • Maintenance: AED 13.5/sq ft • Rental Income: AED 50K/year • Net ROI: 8% • Cluster: Mediterranean • Parking: Open Discovery Gardens is situated in the northern section of the Jebel Ali Village area. The original Jebel Ali Village was established in 1977 to accommodate staff working for construction contractors. Don’t miss out on this high-yield opportunity in a well-connected, family-friendly community!
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Property Information
Property Type
Apartment
Total Area
527 sqft
Bedroom
Studio
Bathroom
1
Completion Status
Completed
Listed Date
11 Apr 2025
QR Code
Broker ORN
123456
Reference no.
PM-652-BBA-249646
Permit
7120984700
DED
618821
Mortgage Calculator
AED
%
%
AED 2,030
AED 110,000
AED 440,000
Code
AE +971