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Discovery Gardens area in Dubai - prices, rents and cap rates

Cap rates for projects in Discovery Gardens area in Dubai

Data as of May 2024
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
Mediterranean7,77981210.4%
Mogul8,10681210.0%
Zen8,4368129.6%

Cap rate (rental yield) in Discovery Gardens area in Dubai is from 9.6% to 10.4%.

The maximum cap rate in Discovery Gardens is 10.4% at Mediterranean project. The minimum cap rate in Discovery Gardens is 9.6% at Zen project.

Sales prices for off-plan (pre registration and delayed sell) properties in Discovery Gardens

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio3820,312770,040
17913,3391,051,299
212612,2371,535,846

Sales prices for completed properties in Discovery Gardens

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio468,955416,375
1877,419642,767

Rents in Discovery Gardens

RoomsSize, sqmRent, AED/sqm/yearRent, AED
Studio4381235,017
18281266,634
212281299,144

Price for off-plan Studio apartment in Discovery Gardens is 770,040 AED or 20,312 AED/sqm.
Price for off-plan 1 bedroom apartment in Discovery Gardens is 1,051,299 AED or 13,339 AED/sqm.
Price for off-plan 2 bedroom apartment in Discovery Gardens is 1,535,846 AED or 12,237 AED/sqm.

Price for completed Studio apartment in Discovery Gardens is 416,375 AED or 8,955 AED/sqm.
Price for completed 1 bedroom apartment in Discovery Gardens is 642,767 AED or 7,419 AED/sqm.

Rent in Discovery Gardens is 7,419 AED/year/sqm on average for long term rent of an apartment.

Rent for Studio apartment in Discovery Gardens is 35,017 AED or 812 AED/sqm.
Rent for 1 bedroom apartment in Discovery Gardens is 66,634 AED or 812 AED/sqm.
Rent for 2 bedroom apartment in Discovery Gardens is 99,144 AED or 812 AED/sqm.

Residential property projects in Discovery Gardens

Off-planReady
California by Samana (100%)
Serene Gardens by Prescott (100%)
Mediterranean
Mogul
Zen

Share of off-plan projects in sales in Discovery Gardens is 22%

Sales and rents in Discovery Gardens in May 2024

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
Mediterranean
7,77939 8129849
Mogul
8,10613 8122613
Serene Gardens by Prescott
10,7376
California by Samana
14,5318
Zen
8,4362 812201

Area guide for property buyers in Discovery Gardens

What are the advantages of 'Discovery Gardens' area in Dubai for property buyers vs. other areas? What are the disadvantages?

Certainly! Discovery Gardens is a residential community located in Jebel Ali, towards the southern end of Dubai, and offers a variety of advantages and disadvantages for property buyers when compared to other areas in Dubai. Here is a detailed analysis:

Advantages

1. Affordable Pricing:
- Cost-Effective: Discovery Gardens is known for offering relatively affordable property options compared to more central areas like Downtown Dubai or Dubai Marina. This makes it an attractive option for first-time buyers and those looking for budget-friendly housing.

2. Green Spaces and Landscaping:
- Green Community: The area is well-planned with lush green spaces, gardens, and landscaped surroundings, providing a serene and pleasant living environment.

3. Proximity to Major Hubs:
- Accessibility: Discovery Gardens is strategically located near some significant business hubs, including Jebel Ali Free Zone, Dubai Internet City, and Dubai Media City. This makes it convenient for professionals working in these areas.

4. Diverse Amenities:
- Facilities: The community offers various amenities such as swimming pools, sports courts, play areas, and shopping centers like Ibn Battuta Mall nearby. Additionally, there are numerous dining options, grocery stores, and healthcare facilities.

5. Public Transport Connectivity:
- Metro Access: The area is well-connected via the Dubai Metro, with the Ibn Battuta Metro Station close by, ensuring ease of commute for residents who rely on public transportation.

6. Family-Oriented:
- Community Feel: Discovery Gardens is often perceived as a family-friendly community with a good mix of expats and locals, fostering a sense of community and belonging.

Disadvantages

1. Traffic and Congestion:
- Peak Hours: During peak hours, the traffic around Discovery Gardens can be quite congested, particularly due to its proximity to some major traffic arteries and business zones.

2. Age of Development:
- Older Infrastructure: Given that Discovery Gardens was developed in the mid-2000s, some of the buildings and infrastructure might appear dated compared to newer developments in areas like Dubai Hills Estate or Mohammed Bin Rashid City.

3. Limited Luxury Amenities:
- Compared to Premium Areas: While Discovery Gardens does offer good facilities, it lacks the high-end luxury amenities and waterfront views found in premium areas like Palm Jumeirah or Downtown Dubai.

4. Noise Pollution:
- Proximity to Highways: Being near major highways and construction zones can sometimes result in higher noise levels, which might not be ideal for those seeking a quieter living environment.

5. Resale Value and Investment Potential:
- Moderate Appreciation: Compared to high-demand areas like Dubai Marina or Downtown Dubai, the property appreciation potential in Discovery Gardens might be relatively moderate. This could affect the resale value for investors looking for high returns.

6. Lack of Parking Space:
- Parking Issues: Some residents report a shortage of parking spaces, particularly in more congested sectors of the community.

In Summary

Discovery Gardens offers a well-balanced mix of affordability, green living, and strategic location, making it an appealing option for budget-conscious buyers, families, and professionals working in nearby business hubs. However, potential buyers should weigh these advantages against considerations like traffic congestion, older infrastructure, and potentially slower property appreciation. As always, personal preferences and lifestyle needs will play a critical role in determining if Discovery Gardens is the right fit.

What areas are better than 'Discovery Gardens' area in Dubai and why?

While Discovery Gardens is known for its affordability and family-friendly environment, several other areas in Dubai offer enhanced amenities, better connectivity, and upscale living. Here are a few:

1. Dubai Marina
Why:
- Lifestyle: Vibrant, waterfront living with a cosmopolitan atmosphere.
- Amenities: High-end restaurants, retail outlets, and nightlife.
- Connectivity: Excellent public transport options including the Dubai Metro and tram.

2. Downtown Dubai
Why:
- Landmarks: Home to the Burj Khalifa, Dubai Mall, and Dubai Fountain.
- Amenities: Premier shopping, dining, and entertainment options.
- Real Estate: Luxurious apartments and penthouses with iconic views.

3. Palm Jumeirah
Why:
- Exclusivity: Iconic, man-made island offering high-end villas and apartments.
- Lifestyle: Luxury beachfront living with private beach access.
- Amenities: Upscale resorts, restaurants, and recreational facilities.

4. Jumeirah Lake Towers (JLT)
Why:
- Community: A blend of residential and commercial towers with lakeside views.
- Amenities: Numerous dining, retail, and leisure options.
- Affordability: Generally more affordable than Dubai Marina and Downtown.

5. Jumeirah Beach Residence (JBR)
Why:
- Lifestyle: Popular beachfront community with a resort-like atmosphere.
- Amenities: The Walk at JBR offers extensive dining, shopping, and entertainment.
- Activities: Easy access to the beach and water sports.

6. Arabian Ranches
Why:
- Community: Gated community offering spacious villas.
- Family-Friendly: Excellent schools, parks, and recreational facilities.
- Lifestyle: Ideal for families looking for suburban tranquility.

7. Business Bay
Why:
- Proximity: Close to Downtown Dubai and the Dubai Canal.
- Business Hub: Key business area with numerous office towers.
- Real Estate: Mix of high-rise residential and commercial buildings.

8. Emirates Hills
Why:
- Exclusivity: Luxurious, gated community with expansive villas.
- Golf Courses: Located around the Montgomerie Golf Course.
- Neighborhood: Elite community with high privacy and security.

9. Al Barari
Why:
- Green Spaces: Known for its botanical gardens and lush landscapes.
- Luxury: High-end villas with unique architectural designs.
- Wellness: Focus on health and wellness with organic markets and spa facilities.

10. City Walk
Why:
- Urban Lifestyle: Trendy, modern area with a European vibe.
- Amenities: High-end retail, gourmet dining, and entertainment venues.
- Proximity: Close to Downtown Dubai and key business districts.

Summary
While Discovery Gardens offers affordable housing and a community-centric lifestyle, areas like Dubai Marina, Downtown Dubai, and Palm Jumeirah provide a more luxurious living experience with superior amenities and connectivity. Your choice will depend on factors such as budget, lifestyle preferences, and proximity to work or other essential destinations.

What schools are there in and around 'Discovery Gardens' area in Dubai and what are their locations?

Discovery Gardens is a residential community situated between Sheikh Zayed Road and Emirates Road in Dubai. It’s well-connected and offers a range of amenities, including several schools in and around the area. Here are some of the notable schools nearby:

1. The Winchester School, Jebel Ali:
- Curriculum: British
- Location: Jebel Ali, next to The Garden
2. Delhi Private School (DPS), Dubai:
- Curriculum: Indian (CBSE)
- Location: Jebel Ali, near The Gardens
3. American School of Dubai:
- Curriculum: American
- Location: Al Barsha, Dubai
4. Greenfield Community School:
- Curriculum: International Baccalaureate (IB)
- Location: Dubai Investment Park
5. The Arbor School:
- Curriculum: British
- Location: Al Furjan, Dubai
6. Dubai British School:
- Curriculum: British
- Location: Jumeirah Park, near Discovery Gardens
7. Dubai International Academy:
- Curriculum: International Baccalaureate (IB)
- Location: Emirates Hills, Dubai
8. JSS International School:
- Curriculum: Indian (ICSE)
- Location: Jumeirah Village Circle (JVC), Dubai

These schools provide a variety of curricula, catering to the diverse expatriate population of Dubai. They are all within a reasonable driving distance from Discovery Gardens.

What medical clinics are there in and around 'Discovery Gardens' area in Dubai and what are their locations?

Discovery Gardens is a well-developed residential community in Dubai, and there are several medical clinics within and around the area. Here are some notable options:

1. Medcare Medical Centre Discovery Gardens
- Location: Building #12, Street #1, Discovery Gardens, Dubai
- Services: Offers a variety of medical services including general practice, pediatrics, dermatology, dentistry, and more.

2. Burjeel Hospital for Advanced Surgery
- Location: Sheikh Zayed Road, Al Quoz, Dubai (near Discovery Gardens)
- Services: Specializes in advanced surgical procedures, orthopedics, and sports medicine.

3. Aster Clinic
- Location: Ibn Battuta Mall, Discovery Gardens, Dubai
- Services: Comprehensive healthcare services including general medicine, pediatrics, gynecology, orthopedics, ENT, and more.

4. NMC Royal Hospital, DIP
- Location: Dubai Investment Park (DIP), near Discovery Gardens
- Services: Multi-specialty hospital offering services in cardiology, neurology, urology, gastroenterology, and more.

5. Mediclinic Ibn Battuta
- Location: Ibn Battuta Mall, Discovery Gardens, Dubai
- Services: Offers a range of services including general practice, women’s health, orthopedics, dentistry, and pediatric care.

6. Zulekha Hospital
- Location: Gardens, Jebel Ali (close to Discovery Gardens)
- Services: Multi-specialty hospital providing services in diagnostics, various surgical procedures, and general medicine.

7. Access Clinic Discovery Gardens
- Location: Zen Cluster, Discovery Gardens, Dubai
- Services: Provides general healthcare services, including family medicine, pediatrics, and vaccinations.

These clinics and hospitals provide a wide range of medical services, ensuring that residents of Discovery Gardens have convenient access to healthcare.


Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.

(x%) shows share of off-plan properties in sales in the last complete month




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