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Mogul in Discovery Gardens - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Mogul

RoomsSize, sqmSale price, AED/sqmSale price, AED
Studio478,609402,143
1877,791677,833

Rents in Mogul

RoomsSize, sqmRent, AED/sqm/yearRent, AED
Studio4681237,086
18781270,416

The cap rate (rental yield) of investments into Mogul project is 10.0% on average.

The price of an apartment in Mogul is 8,106 AED/sqm on average.

Price for completed Studio apartment in Mogul is 402,143 AED or 8,609 AED/sqm.
Price for completed 1 bedroom apartment in Mogul is 677,833 AED or 7,791 AED/sqm.

Rent in Mogul is 7,791 AED/year/sqm on average for long term rent of an apartment.

Rent for Studio apartment in Mogul is 37,086 AED or 812 AED/sqm.
Rent for 1 bedroom apartment in Mogul is 70,416 AED or 812 AED/sqm.

About Mogul

'Mogul' in 'Discovery Gardens' area project description

The Mogul Cluster in Dubai is part of the larger Discovery Gardens community, developed by Nakheel Properties. It is strategically situated in the Jebel Ali area, offering residents a blend of urban convenience and suburban tranquility. Designed with a Moghul architectural theme, the cluster features a mix of low-rise apartment buildings surrounded by lush greenery and expansive landscaped gardens. This thematic design brings together intricate decorative elements and warm, earth-toned colors, evoking the grandeur and elegance of ancient Indian palaces.

Mogul Cluster comprises studio, one-bedroom, and two-bedroom apartments, catering to a diverse range of residents including young professionals, small families, and expatriates. These residences are thoughtfully designed with spacious living areas, modern kitchens, and well-appointed bathrooms. Many units also feature balconies that provide residents with serene views of the gardens, walking paths, and outdoor recreational spaces.

Discovery Gardens, where Mogul Cluster is located, is known for its affordability relative to other parts of Dubai, making it an attractive choice for those seeking quality living spaces without the high price tag often associated with the city. The community is very well-connected via major road networks, most notably Sheikh Zayed Road and Al Khail Road, facilitating easy access to key business districts like Dubai Marina, Jumeirah Lake Towers, and Downtown Dubai. Public transportation is also accessible, with the Nakheel Harbor and Tower Metro Station nearby.

One of the standout features of living in the Mogul Cluster is the array of amenities available within and around the community. Residents benefit from swimming pools, tennis courts, basketball courts, playgrounds, and jogging tracks. There are also numerous retail outlets, supermarkets, pharmacies, and dining options in the vicinity, ensuring that all daily necessities are within easy reach. The Ibn Battuta Mall, one of Dubai’s largest shopping centers, is just a short drive away, offering an extensive range of shopping, dining, and entertainment options.

Mogul Cluster places a strong emphasis on outdoor living and community interaction. The pedestrian-friendly environment encourages residents to walk, jog, and cycle, promoting a healthy lifestyle. Regular community events, outdoor movie nights, and seasonal festivals foster a sense of community among residents, creating a welcoming and inclusive atmosphere.

Overall, the Mogul Cluster in Discovery Gardens represents a blend of affordability, convenience, and quality, making it a desirable residential destination for a wide range of individuals and families. Its thematic architecture, extensive amenities, and strategic location make it a standout choice for those looking to experience the best of Dubai living without the hefty price tag.

Q&A on Mogul

What are the advantages of 'Mogul' project in Dubai for property buyers? What are the disadvantages?

Advantages:

1. Strategic Location: The Mogul project in Discovery Gardens boasts a prime location with close proximity to major business hubs, such as Dubai Marina, Jebel Ali Free Zone, and Ibn Battuta Mall, providing convenience for working professionals and shoppers.

2. Affordable Pricing: Compared to other residential areas in Dubai, the properties in Discovery Gardens, including the Mogul project, often come at more affordable prices, making them attractive for first-time buyers and investors looking for good rental yields.

3. Family-Friendly Amenities: The area offers a range of family-friendly amenities, such as green spaces, playgrounds, swimming pools, and sports courts, enhancing the quality of life for residents.

4. Community Living: Discovery Gardens promotes a sense of community living with its well-planned neighborhoods. The Mogul cluster features landscaped gardens, ensuring a serene environment.

5. Transportation Links: Excellent connectivity with major roads (Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road) and proximity to the Dubai Metro (Ibn Battuta station) make commuting around the city easy.

6. Cultural Diversity: As a multicultural project, Mogul and the wider Discovery Gardens area offer a diverse living experience with residents from various backgrounds, fostering a rich cultural exchange.

Disadvantages:

1. Traffic Congestion: With the increasing popularity of Discovery Gardens, traffic congestion during peak hours can be an issue, particularly on the routes leading to Sheikh Zayed Road and Al Khail Road.

2. Limited Parking: Some residents may find parking spaces limited, especially for visitors or those with multiple vehicles, which can be inconvenient.

3. Older Development: Discovery Gardens, including the Mogul cluster, is one of the older developments in Dubai. This might mean that some buildings and infrastructure could require more maintenance and upgrades compared to newer projects.

4. High Demand for Rentals: While good for investors, the high demand for rentals can sometimes make finding a vacant apartment challenging for prospective tenants.

5. Community Services: Although there are basic amenities, the depth and variety of community services (like entertainment options and healthcare facilities) might not be as extensive as in newer, more upscale developments.

6. Noise Pollution: Due to the high density of residential buildings and the close proximity to major roads, residents might experience higher levels of noise pollution compared to more secluded or high-end areas.

Balancing these advantages and disadvantages will help property buyers make informed decisions based on their priorities and lifestyle needs.

What projects are better than 'Mogul' project in Dubai which are located close by, and why?

1. Al Furjan:
- Accessibility: Proximity to key areas via Sheikh Zayed Road and nearby metro stations.
- Community Facilities: Offers a range of amenities including schools, medical centers, retail outlets, and parks.
- Modern Living: Newer developments with advanced infrastructure and contemporary designs.

2. Jebel Ali Village:
- Tranquil Environment: Offers a peaceful residential environment with ample greenery.
- Community Amenities: Wide array of recreational facilities, including sports courts, swimming pools, and walking trails.
- Family-Oriented: Strong focus on providing family amenities like schools and children's play areas.

3. The Gardens:
- Green Spaces: Abundant landscaping and parks, promoting a healthy lifestyle.
- Robust Infrastructure: Well-developed roads and transport facilities, offering hassle-free commutes.
- Shopping and Entertainment: Close to Ibn Battuta Mall providing extensive shopping, dining, and entertainment options.

4. Dubai Marina:
- Luxurious Lifestyle: Sophisticated living spaces with high-end facilities.
- Proximity to Water: Beautiful waterfront views and access to marina berths.
- Vibrant Community: Active social scene with numerous cafes, restaurants, and nightlife options.

5. Jumeirah Lakes Towers (JLT):
- Mixed-Use Developments: Combination of commercial and residential properties, offering more integrated living solutions.
- Metro Access: Multiple metro stations within JLT, making it convenient for public transport users.
- Lifestyle Facilities: Numerous gyms, spas, dining, and retail options within walking distance.

These projects offer superior amenities, more modern infrastructure, and better connectivity compared to the 'Mogul' project in Discovery Gardens.

What are the closest schools to 'Mogul' project in Dubai?

Gems Winchester School is located in Jebel Ali, about 5 kilometers away
Delhi Private School, also in Jebel Ali, approximately 6 kilometers away
The Arbor School is situated in Al Furjan, roughly 4 kilometers away

What are the closest medical clinics to 'Mogul' project in Dubai?

- Aster Clinic, Discovery Gardens: Zenith Tower, Building 13, in Discovery Gardens.
- Medcare Medical Centre, Ibn Battuta Mall: Sheik Zayed Road, next to Ibn Battuta Mall.
- NMC Royal Medical Centre, Dubai Investments Park: near Green Community, Dubai Investments Park.
- iCARE Clinics, The Gardens: The Gardens Shopping Mall, next to Discovery Gardens.
- Al Mussalla Medical Centre: Zen Cluster, Discovery Gardens.




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