by MASHRIQ ELITE REAL ESTATE DEVELOPMENT L.L.C·DISCOVERY GARDENSResidentialFreeholdOff-plan Heavy
Development & Handover Profile
🏗️ Under ConstructionConstruction Progress1.9%
Project Start
Jun 15, 2024
Expected Handover
N/A
Official Status
ACTIVE
Total Units
158
Avg Unit Size
800 sqft
Freehold Ratio
100%
Escrow Agent
Mashreq Bank PJSC
Median Price
AED 992K
PSF
AED 1,231/sqft
Sales 12M
1
vs Area
+69.6%
Asset Turnover
ⓘ
0.6%
Liquidity (12M)
Physical Inventory Profile
Total Registered Units
158
Avg Unit Size
800 sqft
Studio
35.4%1BR
46.2%2BR
18.4%Room Configuration
| Unit Type | Count | Share |
|---|---|---|
| 1BR | 73 | 46.2% |
| Studio | 56 | 35.4% |
| 2BR | 29 | 18.4% |
Price & Volume Trend
Unit Liquidity Matrix
Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.
| Unit Type | Inventory Share | Sales Share (12M) | Demand Index | Status |
|---|---|---|---|---|
| 1BR | 46.2% 73 units | 42.9% 3 sold | 0.93 | ✓ BALANCED |
| Studio | 35.4% 56 units | 42.9% 3 sold | 1.21 | 🔥 HIGH DEMAND |
| 2BR | 18.4% 29 units | 14.3% 1 sold | 0.78 | ⚠️ STAGNANT |
Recent Transactions
| Date | Area | Project | Rooms | Price | PSF | Status | Ownership |
|---|---|---|---|---|---|---|---|
20 Aug 2026 | JEBEL ALI FIRST | Studio | AED 640K | AED 1,586/sqft | Off-plan | Freehold | |
18 May 2026 | JEBEL ALI FIRST | 1BR | AED 1.07M | AED 948/sqft | Off-plan | Freehold | |
30 Mar 2026 | JEBEL ALI FIRST | Studio | AED 750K | AED 1,673/sqft | Off-plan | Freehold | |
16 Mar 2026 | JEBEL ALI FIRST | 2BR | AED 1.20M | AED 1,004/sqft | Off-plan | Freehold | |
13 Mar 2026 | JEBEL ALI FIRST | Studio | AED 700K | AED 1,669/sqft | Off-plan | Freehold | |
27 Feb 2026 Published 2 Mar 2026 | JEBEL ALI FIRST | 1BR | AED 1.25M | AED 1,557/sqft | Off-plan | Freehold | |
8 Dec 2025 | DISCOVERY GARDENS | 1BR | AED 1.02M | AED 1,270/sqft | Off-plan | Freehold | |
20 Dec 2024 | DISCOVERY GARDENS | 1BR | AED 936K | AED 1,166/sqft | Off-plan | Freehold | |
9 Dec 2024 | DISCOVERY GARDENS | Studio | AED 645K | AED 1,500/sqft | Off-plan | Freehold | |
26 Nov 2024 | DISCOVERY GARDENS | Studio | AED 645K | AED 1,546/sqft | Off-plan | Freehold | |
26 Nov 2024 | DISCOVERY GARDENS | Studio | AED 645K | AED 1,514/sqft | Off-plan | Freehold | |
25 Nov 2024 | DISCOVERY GARDENS | 1BR | AED 1.02M | AED 1,213/sqft | Off-plan | Freehold | |
18 Nov 2024 | DISCOVERY GARDENS | 2BR | AED 1.57M | AED 839/sqft | Off-plan | Freehold | |
11 Nov 2024 | DISCOVERY GARDENS | 2BR | AED 1.38M | AED 1,192/sqft | Off-plan | Freehold | |
11 Nov 2024 | DISCOVERY GARDENS | Studio | AED 675K | AED 1,672/sqft | Off-plan | Freehold | |
1 Nov 2024 | DISCOVERY GARDENS | Studio | AED 645K | AED 1,538/sqft | Off-plan | Freehold | |
1 Nov 2024 | DISCOVERY GARDENS | Studio | AED 675K | AED 1,570/sqft | Off-plan | Freehold | |
28 Oct 2024 | DISCOVERY GARDENS | 1BR | AED 1.02M | AED 1,010/sqft | Off-plan | Freehold | |
28 Oct 2024 | DISCOVERY GARDENS | Studio | AED 620K | AED 1,486/sqft | Off-plan | Freehold | |
22 Oct 2024 | DISCOVERY GARDENS | 1BR | AED 1.03M | AED 1,274/sqft | Off-plan | Freehold | |
22 Oct 2024 | DISCOVERY GARDENS | 2BR | AED 1.40M | AED 1,169/sqft | Off-plan | Freehold | |
21 Oct 2024 | DISCOVERY GARDENS | 1BR | AED 1.03M | AED 1,088/sqft | Off-plan | Freehold | |
21 Oct 2024 | DISCOVERY GARDENS | 1BR | AED 1.05M | AED 911/sqft | Off-plan | Freehold | |
21 Oct 2024 | DISCOVERY GARDENS | 1BR | AED 979K | AED 1,214/sqft | Off-plan | Freehold | |
14 Oct 2024 | DISCOVERY GARDENS | 1BR | AED 1.03M | AED 912/sqft | Off-plan | Freehold | |
10 Oct 2024 | DISCOVERY GARDENS | 2BR | AED 1.46M | AED 1,128/sqft | Off-plan | Freehold | |
10 Oct 2024 | DISCOVERY GARDENS | 2BR | AED 1.56M | AED 1,123/sqft | Off-plan | Freehold | |
10 Oct 2024 | DISCOVERY GARDENS | 2BR | AED 1.40M | AED 1,173/sqft | Off-plan | Freehold | |
30 Sep 2024 | DISCOVERY GARDENS | Studio | AED 675K | AED 1,610/sqft | Off-plan | Freehold | |
30 Sep 2024 | DISCOVERY GARDENS | 2BR | AED 1.39M | AED 1,160/sqft | Off-plan | Freehold |