303, Emirates Cluster 08
Sold prices and rental history: sold 4 times, last in July 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Emirates Cluster 08
What is 303 worth today?
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Source: Dubai Land Department. Updated 26 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 469 sqft
- Floor
- 3rd of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,800 /yr
- Last sold
- AED 395K · July 2016
- Building
- Emirates Cluster 08
About 303, Emirates Cluster 08
303 is a studio of 469 sqft on the 3rd floor of Emirates Cluster 08, a 4-storey tower in International City completed in 2011 by International City. It last sold on 24 July 2016 for AED 395,000, or AED 842 per sqft, 6% above the AED 797 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 26 April 2024, is AED 26,000 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 4,800 a year.
Sales and rents for 303 over time
303 has sold 4 times; the dashed line is the studio median of each year in the building.
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 303 sits
All 37 studios →303 last sold in July 2016 at AED 842 per sqft, 6% above what studios in Emirates Cluster 08 were fetching at the time (AED 797). 303's AED 26,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jan 202531 January 2025 | 469 sqft | 290,000 | 618 | ||
| 11 Mar 202411 March 2024 | 437 sqft | 250,000 | 572 | ||
| 12 Feb 202412 February 2024 | 514 sqft | 303,000 | 590 | ||
| 15 Jan 202415 January 2024 | 468 sqft | 278,000 | 593 |
Emirates Cluster 08
Building58 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
Other units on the 3rd floor
All 58 units in Emirates Cluster 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 742 sqft | AED 330KAED 330,000 · Jun 2020June 2020 | 36,000 /yr | |
| 302 | Studio | 469 sqft | AED 241KAED 241,100 · Sep 2013September 2013 | 25,652 /yr | |
| 304 | Studio | 427 sqft | AED 200KAED 200,000 · Jun 2020June 2020 | 25,194 /yr | |
| 305 | 1-bed | 694 sqft | AED 406KAED 406,100 · Nov 2015November 2015 | 28,000 /yr | |
| 306 | 1-bed | 692 sqft | AED 355KAED 355,000 · Oct 2022October 2022 | 35,000 /yr | |
| 307 | Studio | 433 sqft | AED 265KAED 265,000 · Nov 2023November 2023 | 28,000 /yr | |
| 308 | Studio | 468 sqft | AED 380KAED 380,000 · Jan 2017January 2017 | 27,000 /yr | |
| 309 | Studio | 514 sqft | AED 210KAED 210,000 · Mar 2020March 2020 | 32,000 /yr | |
| 310 | Studio | 515 sqft | AED 285KAED 285,000 · Dec 2023December 2023 | 26,250 /yr | |
| 311 | Studio | 463 sqft | AED 200KAED 200,000 · Feb 2016February 2016 | 36,000 /yr | |
| 312 | 1-bed | 727 sqft | AED 525KAED 525,000 · Jan 2015January 2015 | 37,297 /yr |
303, Emirates Cluster 08 in numbers
- Sold 4 times: first on 7 March 2010 for AED 444,200, last on 24 July 2016 for AED 395,000 (AED 842 per sqft).
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 23,000 in 2023 and recovered to AED 26,000 by April 2024.
- At AED 26,000 a year the gross yield on the 2016 price is 6.6%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).
Source: Dubai Land Department. Updated 26 April 2024.
Questions about 303, Emirates Cluster 08
What did unit 303 last sell for?
AED 395,000 on 24 July 2016: AED 842 per sqft for 469 sqft. The unit has 4 registered sales; the first was AED 444,200 in March 2010.
What is the rent for unit 303?
AED 26,000 a year on the contract renewed on 26 April 2024. The previous contract, from April 2023, was AED 23,000; the unit has been rented since March 2014.
How big is unit 303?
469 sqft (43.6 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.
What is unit 303 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 303, Emirates Cluster 08
Starts from the last sale price (AED 395K, 24 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 395,000
- Deposit, UAE resident (20%)
- AED 79,000
- Deposit, non-resident (40%)
- AED 158,000
- Monthly over 25 years at 3.7%
- AED 1,616
Plus AED 19,500 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →