PropertyIndex

Building 48

66 units · 1 building
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Building 48 is a development in Discovery Gardens, comprising 66 registered units. 142 sales are registered with the Dubai Land Department, at a current PIX© price of AED 869 per sqft.

PIX© price · ↑9.6% YoY
688KAED
Typical
869AED
PSF
Gross yield
8.5%
PIX© rent ÷ PIX© price
Sale records
142
DLD · all time
Rent contracts
636
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 3
…

Studio on Floor 3, Building 48

Size
Record
Jun 2009 to Mar 2026
Owners
6
Tenants
5
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
5Tenant 56 Mar 2026
Renewal
Owner 6
5Tenant 56 Mar 202512 mo
Owner 6
6Owner 627 Feb 202519 mo
Current owner
4Tenant 42 Apr 201912 mo
Owner 5
3Tenant 31 Oct 20186 mo
Ended early
Owner 5
2Tenant 216 Sep 201713 mo
Owner 5
5Owner 521 Mar 20177.9 yrs
Sold with tenant in place
1Tenant 11 Dec 201522 mo
Owner 4
4Owner 414 May 201522 mo
3Owner 37 Dec 20095.4 yrs
2Owner 222 Jun 20096 mo
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

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Studio · Floor 3 · Building 48
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Building 48

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
474 - 1,001 sqft
66688K869↑9.6%59K8.5%
Studio · Apartment
474 - 527 sqft
23
1 Bed · Apartment
958 - 1,001 sqft
43
Sales - Project-Wide142 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
7 Oct 20251 BedBuilding 48 · Floor 3969800,000826+23.3%StandardStandard Sale
20 Aug 20251 BedBuilding 48 · Floor G969715,000738+13.9%StandardStandard Sale
1 Jul 20251 BedBuilding 48 · Floor 31,001546,000545+36.5%StandardStandard Sale
Rentals - Project-Wide636 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
10 Sep 20261 BedBuilding 48 · Floor 199055,00056-Entry LevelCONTRACT
1 Sep 2026StudioBuilding 48 · Floor G48444,00091-StandardCONTRACT
30 Aug 20261 BedBuilding 48 · Floor 298074,00076-PremiumCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Common questions about Building 48

Answered from Dubai Land Department registered transactions.

How much does a property in Building 48 cost?

Property in Building 48 sells at a current PIX© price of AED 869 per sqft, or about AED 688,467 for a typical unit, based on 142 sales registered with the Dubai Land Department.

What is the rental yield in Building 48?

Building 48 yields 8.5% gross, calculated from current PIX© rent against current PIX© sale price, across 636 registered Ejari contracts.

How many units are in Building 48?

Building 48 holds 66 registered units, per the Dubai Land Department unit register.

Have prices in Building 48 gone up or down?

Price per sqft has risen +9.6% over the last 12 months, to AED 869, across 142 registered sales.