Studio · 443 sqftEmirates Cluster 08, International City · Ground floor · completed 2011

008, Emirates Cluster 08

Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 008 · DLD and Ejari recordsUpdated 16 August 2021
Last soldAED 270K23 July 2013
Current rentAED 17K /yr16 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 008, Emirates Cluster 08

What is 008 worth today?

Last sold for AED 270,000 in 2013

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16 Aug 2021RentedNew contract
AED 16,500/yr12 months · AED 37 per sqft
1 Nov 2019RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
3 Nov 2015RentedRenewal
AED 39,500/yr12 months · AED 90 per sqft
3 Nov 2014RentedNew contract
AED 39,000/yr12 months · AED 88 per sqft
23 Jul 2013SoldReady
AED 270,000AED 610 per sqft
2 Jul 2013SoldReady
AED 408,300AED 922 per sqft
24 Mar 2010Sold by developerOff-plan
AED 408,300AED 922 per sqft

Source: Dubai Land Department. Updated 16 August 2021.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
Ground of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,500 /yr
Last sold
AED 270K · July 2013

About 008, Emirates Cluster 08

008 is a studio of 443 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 23 July 2013 for AED 270,000, or AED 610 per sqft, 36% below the AED 947 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 16 August 2021, is AED 16,500 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 4,500 a year.

Sales and rents for 008 over time

Sales
Unit 008, 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 922 per sqft)Sold, July 2013: AED 270,000 (AED 610 per sqft)Sold, July 2013: AED 408,300 (AED 922 per sqft)

008 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 008, 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, November 2014: AED 39,000 a yearRenewal, November 2015: AED 39,500 a yearNew contract, November 2019: AED 24,000 a yearNew contract, August 2021: AED 16,500 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 008 sits

All 37 studios →

008 last sold in July 2013 at AED 610 per sqft, 36% below what studios in Emirates Cluster 08 were fetching at the time (AED 947). 008's AED 16,500 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. 1 sold in the last 12 months.

Typical price per sqft
AED 472
Typical sale
AED 351K
Typical rent
AED 35K /yr
Typical yield
12.5%
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
007StudioAED 250K · Mar 2024
1–7 of 8

008, Emirates Cluster 08 in numbers

  • Sold 3 times: first on 24 March 2010 for AED 408,300, last on 23 July 2013 for AED 270,000 (AED 610 per sqft).
  • Rented since November 2014 on 4 Ejari contracts, from AED 39,000 to AED 16,500 a year.
  • At AED 16,500 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 4,500 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 16 August 2021.

Questions about 008, Emirates Cluster 08

What did unit 008 last sell for?

AED 270,000 on 23 July 2013: AED 610 per sqft for 443 sqft. The unit has 3 registered sales; the first was AED 408,300 in March 2010.

What is the rent for unit 008?

AED 16,500 a year on the contract signed on 16 August 2021. The previous contract, from November 2019, was AED 24,000; the unit has been rented since November 2014.

How big is unit 008?

443 sqft (41.2 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.

What is unit 008 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 008, Emirates Cluster 08

Starts from the last sale price (AED 270K, 23 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

Plus AED 14,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →