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Studio · 469 sqftEmirates Cluster 08, International City · 2nd floor · completed 2011

203, Emirates Cluster 08

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 227K20 June 2022
Current rentAED 32K /yr21 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Emirates Cluster 08

What is 203 worth today?

Last sold for AED 227,000 in 2022

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21 Jun 2024RentedRenewal
AED 32,000/yr12 months · AED 68 per sqft
20 Jun 2022SoldReady
AED 227,000AED 484 per sqft
1 Oct 2020RentedRenewal
AED 17,000/yr12 months · AED 36 per sqft
1 Oct 2019RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
28 Sep 2018RentedRenewal
AED 30,000/yr12 months · AED 63 per sqft
28 Sep 2017RentedNew contract
AED 32,000/yr12 months · AED 68 per sqft
26 Jul 2016RentedRenewal
AED 41,000/yr12 months · AED 87 per sqft
26 Jul 2015RentedNew contract
AED 41,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
2nd of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 227K · June 2022
Building
Emirates Cluster 08

About 203, Emirates Cluster 08

203 is a studio of 469 sqft on the 2nd floor of Emirates Cluster 08, a 4-storey tower in International City completed in 2011 by International City. It last sold on 20 June 2022 for AED 227,000, or AED 484 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 21 June 2024, is AED 32,000 a year: a gross yield of 14.1% on the 2022 price, before the service charge of about AED 4,800 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 441,700 (AED 942 per sqft)Sold, September 2012: AED 441,700 (AED 942 per sqft)Sold, June 2022: AED 227,000 (AED 484 per sqft)

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

Rents
Unit 203, 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, July 2014: AED 28,360 a yearNew contract, July 2015: AED 41,000 a yearRenewal, July 2016: AED 41,000 a yearNew contract, September 2017: AED 32,000 a yearRenewal, September 2018: AED 30,000 a yearNew contract, October 2019: AED 24,000 a yearRenewal, October 2020: AED 17,000 a yearRenewal, June 2024: AED 32,000 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 203 sits

All 37 studios →

203's AED 32,000 is in the upper half 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 2nd floor

All 58 units in Emirates Cluster 08
Value
2011-bedAED 416K · Nov 2013
202StudioAED 290K · Jan 2025
204StudioAED 240K · Sep 2019
2051-bedAED 320K · Jan 2023
2061-bedAED 355K · Feb 2024
207StudioAED 380K · Nov 2015
208StudioAED 278K · Jan 2024
1–7 of 11

203, Emirates Cluster 08 in numbers

  • Sold 3 times: first on 7 March 2010 for AED 441,700, last on 20 June 2022 for AED 227,000 (AED 484 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 28,360 to AED 17,000 in 2020 and recovered to AED 32,000 by June 2024.
  • At AED 32,000 a year the gross yield on the 2022 price is 14.1%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 21 June 2024.

Questions about 203, Emirates Cluster 08

What did unit 203 last sell for?

AED 227,000 on 20 June 2022: AED 484 per sqft for 469 sqft. The unit has 3 registered sales; the first was AED 441,700 in March 2010.

What is the rent for unit 203?

AED 32,000 a year on the contract renewed on 21 June 2024. The previous contract, from October 2020, was AED 17,000; the unit has been rented since July 2014.

How big is unit 203?

469 sqft (43.6 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2011.

What is unit 203 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 203, Emirates Cluster 08

Starts from the last sale price (AED 227K, 20 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 227,000
Deposit, UAE resident (20%)
AED 45,400
Deposit, non-resident (40%)
AED 90,800
Monthly over 25 years at 3.7%
AED 929

Plus AED 12,444 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →