The Phenomenon of Discovery Gardens
One of the largest single developments to come online in 2008 was Discovery Gardens, a collection of manicured residential clusters located near Ibn Battuta Mall. Because of the large supply of these units, some of the owners have made substantial price discounts. Better Homes, with its exclusive partners in this community, is now offering excellent leasing deals.
Discovery Gardens has been praised for its community feel and beautiful landscaping, secluded from much of the loud construction areas in Dubai. Being only a couple minutes from Sheikh Zayed Road, it has become quite popular amongst its residents. Now, with the latest price reductions from some of the larger-scale landlords, interest is soaring for the development. Here is a breakdown of current Discovery Gardens prices through Better Homes:
Studio – AED 40,000
1 Bed – AED 60,000
2 Bed – AED 90,000
Perhaps the most attractive feature right now is that leases are payable in 6 cheques, something unheard of just one year ago.
“Recently on our May 2nd Open House event in Discovery Gardens, there were over 220 interested tenants who came to the event and over 40 leases were signed that day,” explains Liz O’Connor, Head of Residential Sales and Leasing, “we were surprised by the huge turnout and upon asking the visitors why they came down the near-unanimous answer was that the combination of location and price was unmatched anywhere else in Dubai.”
Click here for more details on leasing in Discovery Gardens
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