Yield-led

Discovery Gardens

Mid-rise Nakheel apartments, affordable end

Lowest freehold entry with park-side living.

Gross yield

8.1%

QoQ

+0.4 pp

Price/sqft

Dh880

Median

Dh650K

Gross yield?

8.1%

QoQ change?

+0.4 pp

Price / sqft?

Dh880

Median ticket?

Dh650K

Handovers next 12mo?

0 (mature)

Time to sell?

38 days

Rent change YoY?

+9.4%

Median annual rent?

Dh62,000

“Lowest entry ticket for a freehold apartment with park-side living and a real school cluster.”

Demand drivers

Working professional tenants and first-time freehold investors. School cluster around IBN holds family demand.

Aging stock; no new launches. Resale comes from owners exiting at modest gains.

Yield play. Cluster-by-cluster service-charge variance is the watch item.

IMPZ (cheaper studios) and Al Furjan (newer, more expensive).

Hold for cash flow. Price growth is structurally limited.