Discovery Gardens Market Report: Q3 2026
In Q3 2026, the median apartment price in Discovery Gardens was AED 893 per sq ft, across 203 residential sales transactions worth AED 161 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
Q3 2026, compared with Q2 2026
- 203
- Residential sales transactions −14.0%
- AED161 million
- Sales value −6.9%
- AED893
- Apartments, median price per sq ft −7.9%
- 0%
- Off-plan share of sales 0 off-plan sales
- 0
- New lease registrations (Ejari)
Apartments, median price per sq ft
Apartment sales
Off-planReadyTotal sales
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FAQ
How many residential sales transactions were recorded in Discovery Gardens in Q3 2026?
Residential sales transactions in Discovery Gardens totalled 203 in Q3 2026, worth AED 161 million. Sales declined 14.0% quarter-on-quarter. Off-plan sales accounted for 0% of the total and owner resales 100%.
What is the price per sq ft in Discovery Gardens?
The median apartment price in Discovery Gardens was AED 893 per sq ft in Q3 2026, across 202 sales; it declined 7.9% quarter-on-quarter, and was 47% below the Dubai median.
Are property prices in Discovery Gardens going up or down?
The median apartment price in Discovery Gardens declined 14.2% between Q1 2026 and Q3 2026, from AED 1,042 to AED 893 per sq ft.
| Quarter | Sales | Value | Apartments, per sq ft | Villas, median | New lease registrations | Apartment rent, per sq ft | Gross yield |
|---|---|---|---|---|---|---|---|
| Q1 2026 | 333 | AED 259 million | AED 1,042 | – | 0 | – | – |
| Q2 2026 | 236 | AED 173 million | AED 970 | – | 0 | – | – |
| Q3 2026 | 203 | AED 161 million | AED 893 | – | 0 | – | – |
How much does a home in Discovery Gardens cost by number of bedrooms?
In Discovery Gardens in Q3 2026, median prices were AED 760,000 for a 1-bedroom apartment (78 sales); AED 500,000 for a studio apartment (70 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 70 | AED 500,000 | AED 1,032 |
| 1-bed | 78 | AED 760,000 | AED 832 |
| 2-bed | 55 | AED 1.2 million | AED 831 |
How much does property in Discovery Gardens cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in Discovery Gardens in Q3 2026, the median apartment price of AED 893 per sq ft is approximately $243 per sq ft.
How does Discovery Gardens compare with Dubai?
The median apartment price in Discovery Gardens was 47% below the Dubai median in Q3 2026, at AED 893 per sq ft compared with AED 1,692.
| Measure | Discovery Gardens | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 893 | AED 1,692 |
| Off-plan share of sales | 0% | 69% |
What do the figures mean?
- Median price
- The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.
- Price per sq ft
- Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.
- Off-plan and ready
- Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.
- Sub-community and building
- Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.
- Ejari
- Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.
- Gross rental yield
- Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.
- DLD area and community
- The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.
- ⚠ Small sample
- A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.
How should this report be cited?
Richmond Properties (2026). Discovery Gardens Market Report: Q3 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/discovery-gardens/2026-q3. Licensed CC BY 4.0.
In copy: “according to Richmond Properties’ analysis of Dubai Land Department data”.
Figures are Dubai Land Department open data for Q3 2026 (July to September), compared with Q2 2026. Sales are counted by transaction date and cover homes only: apartments, hotel apartments, villas and townhouses (including villa plots). Offices, shops, hotel rooms, development land and labour accommodation are excluded. Rents are new Ejari leases; leases are assigned to a community through their building or sub-community where DLD files them under a different district. 2 transactions identified as recording errors are excluded. Figures and text are generated from Dubai Land Department data by Richmond Properties’ reporting system. Data as of 2 November 2026. This report is for general information and is not financial or investment advice.