304, Emirates Cluster 02
Sold prices and rental history: sold 3 times, last in October 2021, 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 304, Emirates Cluster 02
What is 304 worth today?
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Source: Dubai Land Department. Updated 25 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 3rd of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,400 /yr
- Last sold
- AED 218K · October 2021
- Building
- Emirates Cluster 02
About 304, Emirates Cluster 02
304 is a studio of 427 sqft on the 3rd floor of Emirates Cluster 02, a 4-storey tower in International City completed in 2011 by International City. It last sold on 4 October 2021 for AED 218,000, or AED 510 per sqft, 9% above the AED 469 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 25 July 2024, is AED 25,000 a year: a gross yield of 11.5% on the 2021 price, before the service charge of about AED 4,400 a year.
Sales and rents for 304 over time
304 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 304 sits
All 36 studios →304 last sold in October 2021 at AED 510 per sqft, 9% above what studios in Emirates Cluster 02 were fetching at the time (AED 469). 304's AED 25,000 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 3rd floor
All 58 units in Emirates Cluster 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 742 sqft | AED 263KAED 262,500 · May 2015May 2015 | 40,000 /yr | |
| 302 | Studio | 469 sqft | AED 270KAED 270,000 · May 2023May 2023 | 33,500 /yr | |
| 303 | Studio | 469 sqft | AED 386KAED 386,000 · Oct 2017October 2017 | 25,000 /yr | |
| 305 | 1-bed | 694 sqft | AED 453KAED 453,100 · Sep 2016September 2016 | 39,000 /yr | |
| 306 | 1-bed | 692 sqft | AED 646KAED 645,500 · May 2013May 2013 | 30,000 /yr | |
| 307 | Studio | 433 sqft | AED 390KAED 390,000 · Jun 2016June 2016 | 28,600 /yr | |
| 308 | Studio | 468 sqft | AED 388KAED 388,000 · Jun 2016June 2016 | 24,000 /yr | |
| 309 | Studio | 514 sqft | AED 305KAED 305,000 · May 2024May 2024 | 31,500 /yr | |
| 310 | Studio | 515 sqft | AED 254KAED 253,800 · Sep 2020September 2020 | 37,000 /yr | |
| 311 | Studio | 463 sqft | AED 380KAED 380,000 · May 2016May 2016 | 27,500 /yr | |
| 312 | 1-bed | 727 sqft | AED 400KAED 400,000 · Jul 2024July 2024 | 45,000 /yr |
304, Emirates Cluster 02 in numbers
- Sold 3 times: first on 3 March 2010 for AED 388,000, last on 4 October 2021 for AED 218,000 (AED 510 per sqft).
- Rented since June 2013 on 10 Ejari contracts. The rent fell from AED 26,000 to AED 16,500 in 2020 and recovered to AED 25,000 by July 2024.
- At AED 25,000 a year the gross yield on the 2021 price is 11.5%, before a service charge of about AED 4,400 a year (AED 10.28 per sqft).
Source: Dubai Land Department. Updated 25 July 2024.
Questions about 304, Emirates Cluster 02
What did unit 304 last sell for?
AED 218,000 on 4 October 2021: AED 510 per sqft for 427 sqft. The unit has 3 registered sales; the first was AED 388,000 in March 2010.
What is the rent for unit 304?
AED 25,000 a year on the contract renewed on 25 July 2024. The previous contract, from July 2023, was AED 21,000; the unit has been rented since June 2013.
How big is unit 304?
427 sqft (39.7 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.
What is unit 304 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 304, Emirates Cluster 02
Starts from the last sale price (AED 218K, 4 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 218,000
- Deposit, UAE resident (20%)
- AED 43,600
- Deposit, non-resident (40%)
- AED 87,200
- Monthly over 25 years at 3.7%
- AED 892
Plus AED 12,066 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →