Studio · 437 sqftEmirates Cluster 08, International City · Ground floor · completed 2011

007, Emirates Cluster 08

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 007 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 250K11 March 2024
Current rentAED 23K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 007, Emirates Cluster 08

What is 007 worth today?

Last sold for AED 250,000 in 2024

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1 Oct 2024RentedNew contract
AED 22,990/yr12 months · AED 52 per sqft
11 Mar 2024SoldReady
AED 250,000AED 572 per sqft
1 Oct 2023RentedNew contract
AED 20,900/yr12 months · AED 47 per sqft
1 Oct 2022RentedNew contract
AED 19,000/yr12 months · AED 43 per sqft
18 Sep 2021RentedNew contract
AED 16,500/yr12 months · AED 37 per sqft
15 Aug 2015RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
24 Mar 2010Sold by developerOff-plan
AED 408,300AED 934 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
Ground of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,500 /yr
Last sold
AED 250K · March 2024

About 007, Emirates Cluster 08

007 is a studio of 437 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 11 March 2024 for AED 250,000, or AED 572 per sqft, in line with the AED 581 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 22,990 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 4,500 a year.

Sales and rents for 007 over time

Sales
Unit 007, 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 408,300 (AED 934 per sqft)Sold, March 2024: AED 250,000 (AED 572 per sqft)

007 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 007, 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, August 2015: AED 36,000 a yearNew contract, September 2021: AED 16,500 a yearNew contract, October 2022: AED 19,000 a yearNew contract, October 2023: AED 20,900 a yearNew contract, October 2024: AED 22,990 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 007 sits

All 37 studios →

007 last sold in March 2024 at AED 572 per sqft, in line with what studios in Emirates Cluster 08 were fetching at the time (AED 581). 007's AED 22,990 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
31 Jan 2025290,000
12 Feb 2024303,000
15 Jan 2024278,000
11 Jan 2024220,000
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
002StudioAED 225K · Feb 2022
003StudioAED 310K · Aug 2017
0041-bedAED 653K · Nov 2012
0051-bedAED 653K · Nov 2012
006StudioAED 220K · Feb 2023
008StudioAED 270K · Jul 2013
1–7 of 8

007, Emirates Cluster 08 in numbers

  • Sold twice: first on 24 March 2010 for AED 408,300, last on 11 March 2024 for AED 250,000 (AED 572 per sqft).
  • Rented since August 2015 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 16,500 in 2021 and recovered to AED 22,990 by October 2024.
  • At AED 22,990 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 4,500 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 007, Emirates Cluster 08

What did unit 007 last sell for?

AED 250,000 on 11 March 2024: AED 572 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 408,300 in March 2010.

What is the rent for unit 007?

AED 22,990 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 20,900; the unit has been rented since August 2015.

How big is unit 007?

437 sqft (40.6 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.

What is unit 007 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 007, Emirates Cluster 08

Starts from the last sale price (AED 250K, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →