Investment Opportunities in the Neighborhood Discovery Gardens
Last Updated on January 9, 2025
Hello, friends! I’m a real estate specialist, and today I want to tell you about one of the most interesting areas in Dubai for investment – Discovery Gardens. You know, every time I come here, I’m amazed at how quickly this neighborhood is developing. Not long ago, there were empty lots here, and now it’s a real oasis in the city. Let’s figure out why this area is so attractive to investors and what it can offer.
Current Property Value in the Discovery Gardens Area
Let’s start with the most interesting part – prices. Because, let’s be honest, for an investor, this is the first thing they look at. And you know what? The prices here are very attractive.
Currently, the cost per square meter in Discovery Gardens ranges from 6,000 to 8,000 dirhams (approximately $1,600-$2,200). For comparison, in the neighboring Dubai Marina area, a square meter can cost from 15,000 to 20,000 dirhams. Can you feel the difference?
Let’s look at specific examples. A studio apartment of 40 square meters in Discovery Gardens now costs about 300,000 dirhams ($82,000). A one-bedroom apartment of 60 square meters will cost 450,000 – 500,000 dirhams ($123,000 – $136,000). And a two-bedroom apartment of 85 square meters can be purchased for 650,000 – 700,000 dirhams ($177,000 – $191,000).
But you know what’s most interesting? These prices are not the ceiling. Over the past five years, property values in Discovery Gardens have increased by 20%. And this is despite the global pandemic!
I remember selling a studio here in 2018 for 250,000 dirhams. At that time, many thought it was crazy – who needs an apartment in this “backwater”? And now the same studio costs 300,000 dirhams, and there’s already a queue of buyers.
But let’s not focus only on prices. Because real estate investment is not just about buying and selling. It’s also about growth potential, rental opportunities, and neighborhood development. So let’s dig deeper.
Prospects for Property Price Growth in Discovery Gardens in the Coming Years
Now let’s look into the future. Because, let’s agree, investments are always a long-term game. And here, Discovery Gardens has several aces up its sleeve.
Firstly, location. Discovery Gardens is in a strategically important place – near the new Al Maktoum International Airport and the Expo 2020 exhibition center. These facilities are already attracting a huge number of people and businesses to this area. And what will happen in five years? In ten?
Secondly, infrastructure development. The Dubai government is investing heavily in developing this part of the city. New roads are being built, the public transport network is expanding. For example, the construction of a new metro line that will connect Discovery Gardens with the city center is already underway. It is expected to be launched in 2025. And believe me, as soon as this line starts operating, property prices here will skyrocket.
Thirdly, demographic changes. New people are constantly coming to Dubai – specialists, businessmen, students. And many of them choose Discovery Gardens because of affordable prices and good infrastructure. Demand creates supply, and growing demand inevitably leads to price increases.
So what are the forecasts? According to experts, in the next five years, property prices in Discovery Gardens may increase by 30-40%. This means that an apartment that costs 500,000 dirhams today could be worth 650,000 – 700,000 dirhams in five years. Not a bad profit, agree?
But you know what impresses me the most? These are not just numbers on paper. I see how this neighborhood is changing. How new houses, shops, parks are appearing. How the quality of people’s lives is improving. And this gives me confidence that investing in Discovery Gardens is not just an investment in real estate. It’s an investment in the future.
What Kind of Rental Income Can Be Expected from Properties in Discovery Gardens?
Now let’s talk about what interests many investors – rental income. Because, let’s agree, buying property is only half the battle. You also need to make it work for you.
And here, Discovery Gardens has several advantages. Firstly, it’s a relatively inexpensive area, which attracts tenants. Secondly, there’s excellent infrastructure – shops, schools, parks. Thirdly, the area is close to major business centers, which is convenient for working people.
Let’s look at specific numbers. At the moment, the average annual rent in Discovery Gardens looks like this:
- Studio: 25,000 – 30,000 dirhams ($6,800 – $8,200)
- One-bedroom apartment: 35,000 – 40,000 dirhams ($9,500 – $10,900)
- Two-bedroom apartment: 50,000 – 60,000 dirhams ($13,600 – $16,300)
Now let’s calculate the yield. If you bought a studio for 300,000 dirhams and rent it out for 30,000 dirhams a year, your yield will be 10% per annum. For a one-bedroom apartment worth 500,000 dirhams with a rent of 40,000 dirhams, the yield will be 8%. For a two-bedroom apartment worth 700,000 dirhams with a rent of 60,000 dirhams, the yield will be about 8.5%.
These are very good indicators. For comparison, the average rental yield in Dubai is about 6-7%. And in some “elite” areas, it can be as low as 4-5%.
But you know what’s even more interesting? These figures are not static. With the development of the area and improvement of infrastructure, rental rates are growing. Over the past three years, the average rent in Discovery Gardens has increased by 15%. And this trend is likely to continue.
Another point worth considering is occupancy. In Discovery Gardens, it’s very high – about 95%. This means that your apartment won’t be empty. And therefore, you can count on a stable income.
And last but not least – Dubai has very loyal legislation for landlords. It’s easy to resolve issues with non-payers here, and rental agreements are usually concluded for a year in advance. This gives additional confidence to investors.
Which Types of Properties Are Most Popular Among Investors in Discovery Gardens?
Now let’s talk about what exactly to buy in Discovery Gardens. Because, like in any other area, there are bestsellers and outsiders here.
Let’s start with the most popular – studios and one-bedroom apartments. They account for about 60% of all transactions in the area. And this is not surprising. Such apartments are affordable, easy to rent out, and are in high demand among young professionals and couples without children.
Studios of 30-40 square meters are especially popular among investors. They cost from 300,000 to 350,000 dirhams and bring the highest rental yield – up to 10% per annum. Plus, they are easy to sell if necessary.
One-bedroom apartments of 50-60 square meters are the second most popular option. They cost from 450,000 to 550,000 dirhams and bring rental income of about 8-9% per annum. These apartments are excellent for long-term rent.
Two-bedroom apartments are less popular among investors, but they also have their niche. They are often bought for personal living or for renting to families with children. The cost of such apartments starts from 650,000 dirhams, and the rental yield is about 7-8% per annum.
Interestingly, demand for townhouses in Discovery Gardens has been growing recently. This is a relatively new format for the area, but it’s already attracting investors’ attention. Townhouses cost from 1.2 to 1.5 million dirhams and bring rental income of about 6-7% per annum. But their main advantage is the high potential for value growth.
Another trend I’ve noticed is the growing interest in commercial real estate in Discovery Gardens. Small shops, cafes, beauty salons – all of these are in demand. The cost of commercial premises starts from 800,000 dirhams, and the yield can reach 12% per annum.
But you know what I always advise my clients? Don’t chase fashion. Choose what suits you. If you plan to rent out for short-term – a studio might be a great option. If you’re thinking about long-term investments – look at two-bedroom apartments or townhouses. And if you’re ready to take a risk for high returns – commercial real estate can be an excellent choice.
What Infrastructure and Amenities Are Available in the Discovery Gardens Area?
Now let’s talk about what makes Discovery Gardens not just a set of houses, but a real community. Because, let’s agree, investing in real estate is not only about square meters and profitability. It’s also about the quality of life of people who will live here or rent housing.
Let’s start with education. There are no schools in Discovery Gardens itself, but in the neighboring The Gardens area, there are several excellent educational institutions. For example, Dubai International Academy is one of the best schools in the city, offering an international baccalaureate program. For toddlers, there are several kindergartens right in the area.
Now about shopping. Ibn Battuta Mall – one of the largest shopping centers in Dubai – is literally a five-minute drive from Discovery Gardens. There’s everything here – from grocery stores to brand boutiques, from cinemas to fitness centers. And for everyday shopping, there are several small shopping centers and supermarkets in the area itself.
As for healthcare, there are several clinics and pharmacies in Discovery Gardens. And in the neighboring Jebel Ali area, there’s Mediclinic Parkview Hospital – a modern hospital with an emergency department.
Now let’s talk about what makes Discovery Gardens truly unique – the green zones. The area is designed so that each quarter has its own themed garden. There’s a Cactus Garden, Zen Garden, Mediterranean Garden, and many others. These are not just beautiful names – these are real green oases where you can escape from the city bustle.
For those who love active recreation, there are several sports grounds and fitness centers in the area. And in the neighboring The Gardens area, there’s Fitness First – one of the best sports clubs in the city.
Transport accessibility is another advantage of Discovery Gardens. The area is located near Sheikh Zayed Road, which provides easy access to other parts of the city. There are regular bus routes connecting the area with the metro and other key points of Dubai. And by 2025, it’s planned to open a metro station right in Discovery Gardens, which will make the area even more attractive.
But you know what impresses me most about Discovery Gardens? It’s the sense of community. Various events are regularly held here – from yoga in the park to farmers’ markets on weekends. This creates a special atmosphere that residents and tenants value so much.
And one more important point – security. There’s round-the-clock security in the area, and video surveillance cameras are installed. This is especially important for families with children and for those who travel frequently.
Now let’s summarize. Discovery Gardens is not just a place to live or invest. It’s a developing area with great growth potential. And here’s why I think investing here is a great idea:
- Affordable prices. Compared to other areas of Dubai, real estate here is still relatively inexpensive. But this won’t last forever.
- High rental yield. 8-10% per annum is an excellent indicator for the real estate market.
- Potential for value growth. With the development of infrastructure and the opening of a new metro line, real estate prices here may increase significantly in the coming years.
- Developed infrastructure. Everything necessary for comfortable living is already here, and the area continues to develop.
- Strategic location. Proximity to the new airport and Expo 2020 exhibition center makes this area attractive for long-term investments.
But, as with any investment, there are risks here. The real estate market can be volatile. Laws or economic situations may change. Therefore, it’s always important to carefully study all aspects before making a decision.
And you know what? The best time to invest in Discovery Gardens was five years ago. The second best time is now. Because in five years, we might be remembering today’s prices with nostalgia.
So, if you’re thinking about investing in Dubai real estate – pay attention to Discovery Gardens. Study the market, come, see with your own eyes. Feel the atmosphere of this area. And who knows, maybe soon you’ll be enjoying the sunset in your own garden in Discovery Gardens, knowing that you’ve made a great investment.
And I’m always ready to help you on this journey. Because, believe me, there’s nothing more exciting than being part of the development history of such a unique area as Discovery Gardens. An area that doesn’t just build houses, but creates a real community. An area that’s not afraid to dream about the future and turn these dreams into reality.
