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Studio · 469 sqftEmirates Cluster 15, International City · 4th floor · completed 2011

402, Emirates Cluster 15

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 5 October 2021
Last soldAED 232K9 September 2021
Current rentAED 18K /yr5 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Emirates Cluster 15

What is 402 worth today?

Last sold for AED 232,000 in 2021

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5 Oct 2021RentedNew contract
AED 18,000/yr12 months · AED 38 per sqft
9 Sep 2021SoldReady
AED 232,000AED 495 per sqft
5 Jun 2020RentedRenewal
AED 22,000/yr12 months · AED 46 per sqft
5 Jun 2019RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
31 May 2018RentedRenewal
AED 30,000/yr12 months · AED 63 per sqft
1 Jan 2015RentedNew contract
AED 27,830/yr12 months · AED 59 per sqft
25 Jul 2013SoldReady
AED 375,400AED 801 per sqft
1 Jan 2013RentedNew contract
AED 23,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 5 October 2021.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
4th of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 232K · September 2021
Building
Emirates Cluster 15

About 402, Emirates Cluster 15

402 is a studio of 469 sqft on the 4th floor of Emirates Cluster 15, a 4-storey tower in International City completed in 2011 by International City. It last sold on 9 September 2021 for AED 232,000, or AED 495 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 5 October 2021, is AED 18,000 a year: a gross yield of 7.8% on the 2021 price, before the service charge of about AED 4,800 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Emirates Cluster 15
300K400K2010201420182022Typical sale price by year: 2010 AED 364,000; 2012 AED 367,900; 2013 AED 334,100; 2014 AED 365,250; 2015 AED 375,000; 2017 AED 355,000; 2019 AED 230,000; 2023 AED 247,500; 2024 AED 328,000Sold by developer, March 2010: AED 375,400 (AED 801 per sqft)Sold, July 2013: AED 375,400 (AED 801 per sqft)Sold, September 2021: AED 232,000 (AED 495 per sqft)

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

Rents
Unit 402, each contractTypical studio in Emirates Cluster 15
20K30K40K2013201720212025Typical rent by year: 2013 AED 25,500; 2014 AED 30,000; 2015 AED 38,000; 2016 AED 39,000; 2017 AED 33,000; 2018 AED 28,500; 2019 AED 24,000; 2020 AED 20,000; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 23,000; 2024 AED 25,355; 2025 AED 26,533; 2026 AED 30,000New contract, January 2013: AED 23,000 a yearNew contract, January 2015: AED 27,830 a yearRenewal, May 2018: AED 30,000 a yearNew contract, June 2019: AED 25,000 a yearRenewal, June 2020: AED 22,000 a yearNew contract, October 2021: AED 18,000 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 15, and where 402 sits

All 37 studios →

402's AED 18,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Apr 2025307,000
15 Oct 2024369,000
8 Oct 2024328,000
8 Mar 2024270,000
0 studio sales in the last 12 months

Emirates Cluster 15

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 31K /yr
Typical yield
Emirates Cluster 15, International City: prices, sales and rents →

Other units on the 4th floor

All 58 units in Emirates Cluster 15
Value
4011-bedAED 535K · Dec 2016
403StudioAED 150K · Dec 2012
404StudioAED 265K · May 2013
4051-bedAED 535K · Jan 2013
4061-bedAED 535K · Jan 2013
407StudioAED 375K · Nov 2015
408StudioAED 374K · Mar 2010
1–7 of 12

402, Emirates Cluster 15 in numbers

  • Sold 3 times: first on 7 March 2010 for AED 375,400, last on 9 September 2021 for AED 232,000 (AED 495 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 23,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2021 price is 7.8%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 5 October 2021.

Questions about 402, Emirates Cluster 15

What did unit 402 last sell for?

AED 232,000 on 9 September 2021: AED 495 per sqft for 469 sqft. The unit has 3 registered sales; the first was AED 375,400 in March 2010.

What is the rent for unit 402?

AED 18,000 a year on the contract signed on 5 October 2021. The previous contract, from June 2020, was AED 22,000; the unit has been rented since January 2013.

How big is unit 402?

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

What is unit 402 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 402, Emirates Cluster 15

Starts from the last sale price (AED 232K, 9 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 232,000
Deposit, UAE resident (20%)
AED 46,400
Deposit, non-resident (40%)
AED 92,800
Monthly over 25 years at 3.7%
AED 949

Plus AED 12,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →