001, Emirates Cluster 04
Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 001, Emirates Cluster 04
What is 001 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 741 sqft
- Floor
- Ground of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 7,600 /yr
- Last sold
- AED 515K · April 2014
- Building
- Emirates Cluster 04
About 001, Emirates Cluster 04
001 is a one-bedroom apartment of 741 sqft on the ground floor of Emirates Cluster 04, a 4-storey tower in International City completed in 2011 by International City. It last sold on 30 April 2014 for AED 515,000, or AED 695 per sqft, 7% above the AED 649 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 34,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 7,600 a year.
Sales and rents for 001 over time
001 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Emirates Cluster 04, and where 001 sits
All 21 1-beds →001 last sold in April 2014 at AED 695 per sqft, 7% above what one-beds in Emirates Cluster 04 were fetching at the time (AED 649). 001's AED 34,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20231 September 2023 | 694 sqft | 345,000 | 497 | ||
| 13 Jan 202313 January 2023 | 757 sqft | 300,000 | 396 | ||
| 13 Jan 202313 January 2023 | 701 sqft | 300,000 | 427 | ||
| 22 Jul 202222 July 2022 | 742 sqft | 308,000 | 415 |
Emirates Cluster 04
Building58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 1 sold in the last 12 months.
- Typical price per sqft
- AED 776
- Typical sale
- AED 355K
- Typical rent
- AED 34K /yr
- Typical yield
- 7.9%
Other units on the ground floor
All 58 units in Emirates Cluster 04| ValueToday's value | |||||
|---|---|---|---|---|---|
| 002 | Studio | 447 sqft | AED 349KAED 349,200 · Aug 2014August 2014 | 32,000 /yr | |
| 003 | Studio | 447 sqft | AED 349KAED 349,200 · Aug 2014August 2014 | 28,500 /yr | |
| 004 | 1-bed | 701 sqft | AED 300KAED 300,000 · Jan 2023January 2023 | 42,000 /yr | |
| 005 | 1-bed | 757 sqft | AED 300KAED 300,000 · Jan 2023January 2023 | 33,000 /yr | |
| 006 | Studio | 447 sqft | AED 375KAED 375,200 · Jul 2013July 2013 | 25,500 /yr | |
| 007 | Studio | 437 sqft | AED 350KAED 350,000 · Jul 2025July 2025 | 28,350 /yr | |
| 008 | Studio | 443 sqft | AED 183KAED 183,300 · Dec 2012December 2012 | 22,000 /yr | |
| 009 | 1-bed | 727 sqft | AED 543KAED 543,000 · Aug 2016August 2016 | 41,000 /yr |
001, Emirates Cluster 04 in numbers
- Sold twice: first on 19 February 2014 for AED 379,900, last on 30 April 2014 for AED 515,000 (AED 695 per sqft).
- Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 29,000 in 2022 and recovered to AED 34,000 by August 2024.
- At AED 34,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 7,600 a year (AED 10.28 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Questions about 001, Emirates Cluster 04
What did unit 001 last sell for?
AED 515,000 on 30 April 2014: AED 695 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 379,900 in February 2014.
What is the rent for unit 001?
AED 34,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 31,000; the unit has been rented since August 2015.
How big is unit 001?
741 sqft (68.8 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2011.
What is unit 001 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 001, Emirates Cluster 04
Starts from the last sale price (AED 515K, 30 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 515,000
- Deposit, UAE resident (20%)
- AED 103,000
- Deposit, non-resident (40%)
- AED 206,000
- Monthly over 25 years at 3.7%
- AED 2,107
Plus AED 26,640 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →