002, Emirates Cluster 02
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 002, Emirates Cluster 02
What is 002 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- Ground of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,600 /yr
- Last sold
- AED 235K · December 2023
- Building
- Emirates Cluster 02
About 002, Emirates Cluster 02
002 is a studio of 447 sqft on the ground floor of Emirates Cluster 02, a 4-storey tower in International City completed in 2011 by International City. It last sold on 18 December 2023 for AED 235,000, or AED 525 per sqft, 5% below the AED 552 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 23,500 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 4,600 a year.
Sales and rents for 002 over time
002 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Emirates Cluster 02, and where 002 sits
All 36 studios →002 last sold in December 2023 at AED 525 per sqft, 5% below what studios in Emirates Cluster 02 were fetching at the time (AED 552). 002's AED 23,500 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Nov 202420 November 2024 | 443 sqft | 300,000 | 677 | ||
| 10 Sep 202410 September 2024 | 514 sqft | 315,000 | 613 | ||
| 13 May 202413 May 2024 | 514 sqft | 305,000 | 593 | ||
| 23 Jan 202423 January 2024 | 514 sqft | 285,000 | 554 |
Emirates Cluster 02
Building58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 34K /yr
- Typical yield
Other units on the ground floor
All 58 units in Emirates Cluster 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 001 | 1-bed | 741 sqft | AED 430KAED 430,000 · Nov 2017November 2017 | 35,000 /yr | |
| 003 | Studio | 447 sqft | AED 220KAED 220,000 · Feb 2020February 2020 | 28,000 /yr | |
| 004 | 1-bed | 701 sqft | AED 300KAED 300,000 · Nov 2021November 2021 | 30,450 /yr | |
| 005 | 1-bed | 757 sqft | AED 450KAED 450,000 · Jan 2018January 2018 | 39,500 /yr | |
| 006 | Studio | 447 sqft | AED 250KAED 250,000 · Nov 2023November 2023 | 34,000 /yr | |
| 007 | Studio | 437 sqft | AED 400KAED 400,000 · Mar 2010March 2010 | 20,000 /yr | |
| 008 | Studio | 443 sqft | AED 300KAED 300,000 · Nov 2024November 2024 | 32,000 /yr | |
| 009 | 1-bed | 727 sqft | AED 350KAED 350,000 · Dec 2023December 2023 | 44,000 /yr |
002, Emirates Cluster 02 in numbers
- Sold 3 times: first on 24 March 2010 for AED 409,300, last on 18 December 2023 for AED 235,000 (AED 525 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 28,000 to AED 18,000 in 2021 and recovered to AED 23,500 by September 2024.
- At AED 23,500 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 4,600 a year (AED 10.28 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2024.
Questions about 002, Emirates Cluster 02
What did unit 002 last sell for?
AED 235,000 on 18 December 2023: AED 525 per sqft for 447 sqft. The unit has 3 registered sales; the first was AED 409,300 in March 2010.
What is the rent for unit 002?
AED 23,500 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 21,500; the unit has been rented since August 2013.
How big is unit 002?
447 sqft (41.5 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.
What is unit 002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 002, Emirates Cluster 02
Starts from the last sale price (AED 235K, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 235,000
- Deposit, UAE resident (20%)
- AED 47,000
- Deposit, non-resident (40%)
- AED 94,000
- Monthly over 25 years at 3.7%
- AED 961
Plus AED 12,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →