5th Avenue
Jabal Ali First · Nabni
Off-plan building · Nakheel
Med 62, Jabal Ali First
Highlights
Med 62 at a glance
About Med 62
Med 62 is a residential building in Jabal Ali First, Dubai, developed by Nakheel. It holds about 66 units: studios, 1-bedroom apartments.
7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 790 per sq ft.
Med 62 is one of 283 buildings in Jabal Ali First: 74 are complete and 95 are still being built.
In a nutshell
- A residential off-plan building
- Located in Jabal Ali First, Dubai
- Developed by Nakheel
- Unit types: Studio, 1 Bed
- Sizes from 470 to 1,000 sq ft
- Service charge from AED 13.86 per sq ft
- The Gardens metro station 0.5 km away
- Status
- Off-plan
- Developer
- Nakheel
- Location
- Jabal Ali First, Dubai
- Unit types
- Studio, 1 Bed
- Prices from
- AED 359.0K
- Median price per sq ft
- AED 790
- Median gross yield
- 8.4%
- Service charge
- AED 13.86 per sq ft (2018)
- Nearest metro
- The Gardens, 0.5 km
Building details
Inside Med 62
Properties in Med 62
Studios in Med 62
There are about 23 of these in Med 62, from 470 to 530 sq ft. They have recently sold for a median of AED 390.0K, or AED 740 per sq ft.
1-bedroom apartments in Med 62
There are about 43 of these in Med 62, from 960 to 1,000 sq ft. They have recently sold for a median of AED 790.0K, or AED 820 per sq ft. Owners who resold made a median 18% over what they paid.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| Studio | 23 | 470 sqft43.7 sqmt – 530 sqft49.2 sqmt | AED 390K | AED 43K |
| 1 Bed | 43 | 960 sqft89.2 sqmt – 1,000 sqft92.9 sqmt | AED 790K | AED 75K |
Sale trends in Med 62
Median sale price
AED 637.5K
Median per sq ft
AED 790
Median gross yield
8.4%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 570.3K to AED 845.0K (958 to 1,001 sq ft), across 13 sales
- Studios: AED 372.7K to AED 640.0K (484 to 527 sq ft), across 7 sales
Rental trends in Med 62
1-bedroom homes in Med 62 were let for AED 64.0K to AED 84.0K a year across 3 recent contracts, with a median of AED 75.0K.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 64.0K to AED 84.0K a year (958 to 969 sq ft), across 3 contracts
- Studios: AED 43.0K a year (484 sq ft)
Recent transactions in Med 62
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 390,000AED 740 /sqftAED 7,965 /sqmt | 527 sqft49 sqmtStudio | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 780,000AED 805 /sqftAED 8,665 /sqmt | 969 sqft90 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 815,000AED 851 /sqftAED 9,160 /sqmt | 958 sqft89 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 780,000AED 796 /sqftAED 8,568 /sqmt | 980 sqft91 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 845,000AED 844 /sqftAED 9,085 /sqmt | 1,001 sqft93 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 765,000AED 799 /sqftAED 8,600 /sqmt | 958 sqft89 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 800,000AED 835 /sqftAED 8,988 /sqmt | 958 sqft89 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 640,000AED 1,322 /sqftAED 14,230 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 635,000AED 655 /sqftAED 7,050 /sqmt | 969 sqft90 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 740,000AED 739 /sqftAED 7,955 /sqmt | 1,001 sqft93 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 720,000AED 727 /sqftAED 7,825 /sqmt | 990 sqft92 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 583,796AED 583 /sqftAED 6,275 /sqmt | 1,001 sqft93 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 460,000AED 950 /sqftAED 10,226 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 750,000AED 783 /sqftAED 8,428 /sqmt | 958 sqft89 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 430,000AED 888 /sqftAED 9,558 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 372,731AED 770 /sqftAED 8,288 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 450,000AED 930 /sqftAED 10,010 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 372,731AED 770 /sqftAED 8,288 /sqmt | 484 sqft45 sqmtStudio | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 570,324AED 576 /sqftAED 6,200 /sqmt | 990 sqft92 sqmt1 Bed | Owner |
| Med 62, Mediterranean Cluster, Discovery GardensReadyApartment | AED 630,000AED 658 /sqftAED 7,083 /sqmt | 958 sqft89 sqmt1 Bed | Owner |
Med 62, Mediterranean Cluster
Discovery Gardens
AED 390K
AED 740 /sqftAED 7,965 /sqmt
ReadyApartment527 sqft49 sqmtStudioOwner30 Oct 2026Med 62, Mediterranean Cluster
Discovery Gardens
AED 780K
AED 805 /sqftAED 8,665 /sqmt
ReadyApartment969 sqft90 sqmt1 BedOwner9 Jun 2026Med 62, Mediterranean Cluster
Discovery Gardens
AED 815K
AED 851 /sqftAED 9,160 /sqmt
ReadyApartment958 sqft89 sqmt1 BedOwner2 Apr 2026Med 62, Mediterranean Cluster
Discovery Gardens
AED 780K
AED 796 /sqftAED 8,568 /sqmt
ReadyApartment980 sqft91 sqmt1 BedOwner30 Mar 2026Med 62, Mediterranean Cluster
Discovery Gardens
AED 845K
AED 844 /sqftAED 9,085 /sqmt
ReadyApartment1,001 sqft93 sqmt1 BedOwner25 Feb 2026Med 62, Mediterranean Cluster
Discovery Gardens
AED 765K
AED 799 /sqftAED 8,600 /sqmt
ReadyApartment958 sqft89 sqmt1 BedOwner23 Jan 2026Med 62, Mediterranean Cluster
Discovery Gardens
AED 800K
AED 835 /sqftAED 8,988 /sqmt
ReadyApartment958 sqft89 sqmt1 BedOwner30 Dec 2025Med 62, Mediterranean Cluster
Discovery Gardens
AED 640K
AED 1,322 /sqftAED 14,230 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner30 Apr 2025Med 62, Mediterranean Cluster
Discovery Gardens
AED 635K
AED 655 /sqftAED 7,050 /sqmt
ReadyApartment969 sqft90 sqmt1 BedOwner17 Mar 2025Med 62, Mediterranean Cluster
Discovery Gardens
AED 740K
AED 739 /sqftAED 7,955 /sqmt
ReadyApartment1,001 sqft93 sqmt1 BedOwner29 Jan 2025Med 62, Mediterranean Cluster
Discovery Gardens
AED 720K
AED 727 /sqftAED 7,825 /sqmt
ReadyApartment990 sqft92 sqmt1 BedOwner13 Jan 2025Med 62, Mediterranean Cluster
Discovery Gardens
AED 583.8K
AED 583 /sqftAED 6,275 /sqmt
ReadyApartment1,001 sqft93 sqmt1 BedOwner13 Nov 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 460K
AED 950 /sqftAED 10,226 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner12 Nov 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 750K
AED 783 /sqftAED 8,428 /sqmt
ReadyApartment958 sqft89 sqmt1 BedOwner16 Oct 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 430K
AED 888 /sqftAED 9,558 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner27 Sept 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 372.7K
AED 770 /sqftAED 8,288 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner19 Sept 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 450K
AED 930 /sqftAED 10,010 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner19 Sept 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 372.7K
AED 770 /sqftAED 8,288 /sqmt
ReadyApartment484 sqft45 sqmtStudioOwner9 Sept 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 570.3K
AED 576 /sqftAED 6,200 /sqmt
ReadyApartment990 sqft92 sqmt1 BedOwner9 Sept 2024Med 62, Mediterranean Cluster
Discovery Gardens
AED 630K
AED 658 /sqftAED 7,083 /sqmt
ReadyApartment958 sqft89 sqmt1 BedOwner13 Jun 2024
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Med 62, Mediterranean Cluster, Discovery GardensApartmentNew contract | AED 75,000 | 969 sqft90 sqmt1 Bed | to |
| Med 62, Mediterranean Cluster, Discovery GardensApartmentNew contract | AED 64,000 | 958 sqft89 sqmt1 Bed | to |
| Med 62, Mediterranean Cluster, Discovery GardensApartmentRenewal | AED 43,000 | 484 sqft45 sqmtStudio | to |
| Med 62, Mediterranean Cluster, Discovery GardensApartmentRenewal | AED 84,000 | 958 sqft89 sqmt1 Bed | to |
Med 62, Mediterranean Cluster
Discovery Gardens
AED 75K/yr
ApartmentNew contract969 sqft90 sqmt1 BedtoMed 62, Mediterranean Cluster
Discovery Gardens
AED 64K/yr
ApartmentNew contract958 sqft89 sqmt1 BedtoMed 62, Mediterranean Cluster
Discovery Gardens
AED 43K/yr
ApartmentRenewal484 sqft45 sqmtStudiotoMed 62, Mediterranean Cluster
Discovery Gardens
AED 84K/yr
ApartmentRenewal958 sqft89 sqmt1 Bedto
Service charges in Med 62
The 2018 service charge in Med 62 is AED 13.86 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2018) | AED 13.86 | 960 sqft89.2 sqmt – 1,000 sqft92.9 sqmt | AED 13,306 – AED 13,860 |
| Studio Apartment (2018) | AED 13.86 | 470 sqft43.7 sqmt – 530 sqft49.2 sqmt | AED 6,514 – AED 7,346 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Med 62
Transportation near Med 62
The nearest Dubai Metro station from Med 62 is The Gardens (red line, 0.5 km, about 6 min walk), then Discovery Gardens (red line, 1 km, about 12 min walk). Stations planned on new lines nearby include Jumeirah Lake Towers (orange line, 3.3 km, about 9 min drive) and Jumeirah Beach Residence 2 (orange line, 3.7 km, about 9 min drive).
- The GardensRed line · 0.5 km · about 6 min walk
- Discovery GardensRed line · 1 km · about 12 min walk
- Al FurjanRed line · 1.8 km · about 6 min drive
- Nakheel Harbour & TowerRed line · 2.2 km · about 6 min drive
- Ibn BatutaRed line · 2.3 km · about 7 min drive
- Ibn BatutaRed line · 2.3 km · about 7 min drive
Shopping and groceries near Med 62
The closest is GEANT Hypermarket / IBN Batuta Mall, 1.9 km from Med 62 (about 6 min drive).
- GEANT Hypermarket / IBN Batuta MallSupermarket · 1.9 km · about 6 min drive
- Ibn Batuta MallShopping Mall · 2 km · about 6 min drive
- Jumeirah Park Pavilion (Community Center)Shopping Mall · 2.2 km · about 6 min drive
- Al Maya / Dream Tower, Dubai MarinaSupermarket · 3.3 km · about 9 min drive
- Dubai Marina MallShopping Mall · 3.8 km · about 10 min drive
Restaurants and hotels near Med 62
The closest is Grand Midwest Express Hotel, 1.1 km from Med 62 (about 13 min walk).
- Grand Midwest Express HotelHotel · 1.1 km · about 13 min walk
- Radisson Royal Hotel DubaiHotel · 2.5 km · about 7 min drive
- Nassima Towers Hotel ApartmentsHotel · 2.6 km · about 7 min drive
- Amwaj Rotana, Jumeirah Beach - DubaiHotel · 3.7 km · about 9 min drive
- Gloria HotelHotel · 3.7 km · about 9 min drive
Hospitals and clinics near Med 62
The closest is Jebel Ali Hospital, 2.8 km from Med 62 (about 8 min drive).
- Jebel Ali HospitalHospital · 2.8 km · about 8 min drive
- Eternity Medicine InstituteHospital · 3.3 km · about 9 min drive
- Eternity Medicine Institute DubaiHospital · 3.7 km · about 9 min drive
- Armada Medical CentreHospital · 3.7 km · about 9 min drive
- Dr Marc Mueller VIP ClinicHospital · 4.9 km · about 12 min drive
Parks and leisure near Med 62
The closest is JBR Beach, 4 km from Med 62 (about 10 min drive).
- JBR BeachPark · 4 km · about 10 min drive
Schools near Med 62
The nearest is Delhi Private School L.L.C, 1.8 km away. Ratings are the KHDA's latest inspection grades.
- Delhi Private School L.L.CIndian · KHDA: Very good · 1.8 km
- The Winchester School - DUBAI BRANCHUK · KHDA: Very good · 1.9 km
- Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 1.9 km
- The Arbor School L.L.CUK · KHDA: Good · 2 km
- Al Ghaf Private School L.L.CUK · KHDA: Acceptable · 2.9 km
- EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 3.1 km
Other buildings in Jabal Ali First
Jabal Ali First has 283 buildings. A few others to compare Med 62 with:
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Off-plan999 Residences By Reef Luxury Development - 2
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Ready
Ready
Off-plan
Things to consider about Med 62
In its favour
- The Gardens metro station is within walking distance.
- Owners who resold have made money: a median gain of up to 18%.
- A median gross yield of 8.4% on recent sales.
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
- Still being built: the handover date can move, and the price is paid in stages before you get the keys.
FAQs
Med 62: questions answered
Buying, selling or renting in Med 62?
A broker who works Jabal Ali First will tell you what is available and what comparable homes went for.