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Studio · 447 sqftEmirates Cluster 08, International City · Ground floor · completed 2011

002, Emirates Cluster 08

Sold prices and rental history: sold 5 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 002 · DLD and Ejari recordsUpdated 14 September 2024
Last soldAED 225K22 February 2022
Current rentAED 24K /yr14 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 002, Emirates Cluster 08

What is 002 worth today?

Last sold for AED 225,000 in 2022

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14 Sep 2024RentedNew contract
AED 23,500/yr12 months · AED 53 per sqft
22 Feb 2022SoldReady
AED 225,000AED 502 per sqft
15 Sep 2021RentedNew contract
AED 16,000/yr12 months · AED 35 per sqft
17 Jun 2021SoldReady
AED 180,000AED 402 per sqft
5 Jun 2019RentedNew contract
AED 25,000/yr12 months · AED 55 per sqft
30 May 2019SoldReady
AED 235,000AED 525 per sqft
25 Apr 2014RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
20 Apr 2014SoldReady
AED 417,800AED 933 per sqft

Source: Dubai Land Department. Updated 14 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 225K · February 2022
Building
Emirates Cluster 08

About 002, Emirates Cluster 08

002 is a studio of 447 sqft on the ground floor of Emirates Cluster 08, a 4-storey tower in International City completed in 2011 by International City. It last sold on 22 February 2022 for AED 225,000, or AED 502 per sqft.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 14 September 2024, is AED 23,500 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 4,600 a year.

Sales and rents for 002 over time

Sales
Unit 002, each saleTypical studio in Emirates Cluster 08
200K400K2010201420182022Typical sale price by year: 2010 AED 441,700; 2012 AED 442,950; 2013 AED 369,150; 2014 AED 421,400; 2015 AED 365,000; 2016 AED 362,450; 2018 AED 290,000; 2019 AED 250,000; 2020 AED 200,000; 2023 AED 251,500; 2024 AED 264,000Sold by developer, March 2010: AED 417,800 (AED 933 per sqft)Sold, April 2014: AED 417,800 (AED 933 per sqft)Sold, May 2019: AED 235,000 (AED 525 per sqft)Sold, June 2021: AED 180,000 (AED 402 per sqft)Sold, February 2022: AED 225,000 (AED 502 per sqft)

002 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 002, each contractTypical studio in Emirates Cluster 08
20K40K2013201720212025Typical rent by year: 2013 AED 25,000; 2014 AED 38,500; 2015 AED 39,108; 2016 AED 39,000; 2017 AED 34,000; 2018 AED 30,000; 2019 AED 25,000; 2020 AED 20,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 23,000; 2024 AED 26,000; 2025 AED 28,000; 2026 AED 30,000New contract, April 2014: AED 40,000 a yearNew contract, June 2019: AED 25,000 a yearNew contract, September 2021: AED 16,000 a yearNew contract, September 2024: AED 23,500 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Emirates Cluster 08, and where 002 sits

All 37 studios →

002's AED 23,500 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jan 2025290,000
11 Mar 2024250,000
12 Feb 2024303,000
15 Jan 2024278,000
0 studio sales in the last 12 months

Emirates Cluster 08

Building

58 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 35K /yr
Typical yield
Emirates Cluster 08, International City: prices, sales and rents →

Other units on the ground floor

All 58 units in Emirates Cluster 08
Value
0011-bedAED 497K · Nov 2014
003StudioAED 310K · Aug 2017
0041-bedAED 653K · Nov 2012
0051-bedAED 653K · Nov 2012
006StudioAED 220K · Feb 2023
007StudioAED 250K · Mar 2024
008StudioAED 270K · Jul 2013
1–7 of 8

002, Emirates Cluster 08 in numbers

  • Sold 5 times: first on 24 March 2010 for AED 417,800, last on 22 February 2022 for AED 225,000 (AED 502 per sqft).
  • Rented since April 2014 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 16,000 in 2021 and recovered to AED 23,500 by September 2024.
  • At AED 23,500 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 4,600 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 14 September 2024.

Questions about 002, Emirates Cluster 08

What did unit 002 last sell for?

AED 225,000 on 22 February 2022: AED 502 per sqft for 447 sqft. The unit has 5 registered sales; the first was AED 417,800 in March 2010.

What is the rent for unit 002?

AED 23,500 a year on the contract signed on 14 September 2024. The previous contract, from September 2021, was AED 16,000; the unit has been rented since April 2014.

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 08

Starts from the last sale price (AED 225K, 22 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 225,000
Deposit, UAE resident (20%)
AED 45,000
Deposit, non-resident (40%)
AED 90,000
Monthly over 25 years at 3.7%
AED 921

Plus AED 12,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →