405, Emirates Cluster 08
Sold prices and rental history: sold 5 times, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Emirates Cluster 08
What is 405 worth today?
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Source: Dubai Land Department. Updated 25 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 693 sqft
- Floor
- 4th of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 7,100 /yr
- Last sold
- AED 355K · February 2024
- Building
- Emirates Cluster 08
About 405, Emirates Cluster 08
405 is a one-bedroom apartment of 693 sqft on the 4th floor of Emirates Cluster 08, a 4-storey tower in International City completed in 2011 by International City. It last sold on 21 February 2024 for AED 355,000, or AED 511 per sqft, in line with the AED 505 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 33,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 7,100 a year.
Sales and rents for 405 over time
405 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Emirates Cluster 08, and where 405 sits
All 19 1-beds →405 last sold in February 2024 at AED 511 per sqft, in line with what one-beds in Emirates Cluster 08 were fetching at the time (AED 505). Over the last 12 months one-beds sold for AED 350,596, around AED 472 per sqft, and rent for AED 33,880 to 39,000 a year. 405's AED 33,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 May 202515 May 2025 | 692 sqft | 440,000 | 635 | ||
| 9 May 20259 May 2025 | 694 sqft | 423,000 | 609 | ||
| 14 Feb 202414 February 2024 | 692 sqft | 355,000 | 512 | ||
| 25 Jan 202425 January 2024 | 692 sqft | 350,000 | 505 |
Emirates Cluster 08
Building58 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%
Other units on the 4th floor
All 58 units in Emirates Cluster 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 741 sqft | AED 687KAED 686,800 · Mar 2010March 2010 | 39,000 /yr | |
| 402 | Studio | 469 sqft | AED 238KAED 238,000 · Jan 2023January 2023 | 28,000 /yr | |
| 403 | Studio | 469 sqft | AED 260KAED 260,000 · Dec 2018December 2018 | 30,000 /yr | |
| 404 | Studio | 427 sqft | AED 290KAED 290,000 · May 2018May 2018 | 30,000 /yr | |
| 406 | 1-bed | 692 sqft | AED 440KAED 440,000 · May 2025May 2025 | 36,500 /yr | |
| 407 | Studio | 433 sqft | AED 345KAED 344,900 · Apr 2016April 2016 | 21,000 /yr | |
| 408 | Studio | 468 sqft | AED 330KAED 330,000 · Nov 2013November 2013 | 30,000 /yr | |
| 409 | Studio | 457 sqft | AED 415KAED 415,000 · Jun 2014June 2014 | 24,970 /yr | |
| 410 | Studio | 460 sqft | AED 295KAED 295,000 · Jul 2018July 2018 | 30,000 /yr | |
| 411 | Studio | 459 sqft | AED 220KAED 220,000 · Jan 2024January 2024 | 34,000 /yr | |
| 412 | 1-bed | 728 sqft | AED 350KAED 350,000 · Apr 2019April 2019 | 32,550 /yr | |
| 409A | 1-bed | 794 sqft | AED 585KAED 585,000 · Nov 2016November 2016 | 39,000 /yr |
405, Emirates Cluster 08 in numbers
- Sold 5 times: first on 7 March 2010 for AED 649,200, last on 21 February 2024 for AED 355,000 (AED 511 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 37,000 to AED 13,500 in 2019 and recovered to AED 33,000 by March 2024.
- At AED 33,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 7,100 a year (AED 10.28 per sqft).
- One-beds in Emirates Cluster 08 sold for AED 350,596–350,596 in the 12 months to November 2026; the building's median across all types is AED 472 per sqft.
Source: Dubai Land Department. Updated 25 March 2024.
Questions about 405, Emirates Cluster 08
What did unit 405 last sell for?
AED 355,000 on 21 February 2024: AED 511 per sqft for 693 sqft. The unit has 5 registered sales; the first was AED 649,200 in March 2010.
What is the rent for unit 405?
AED 33,000 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 30,000; the unit has been rented since October 2013.
How big is unit 405?
693 sqft (64.4 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2011.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Emirates Cluster 08 sold for AED 350,596 to 350,596 in the last 12 months, around AED 472 per sqft.
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Mortgage on 405, Emirates Cluster 08
Starts from the last sale price (AED 355K, 21 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 355,000
- Deposit, UAE resident (20%)
- AED 71,000
- Deposit, non-resident (40%)
- AED 142,000
- Monthly over 25 years at 3.7%
- AED 1,452
Plus AED 17,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →