Studio · 460 sqftEmirates Cluster 16, International City · 1st floor · completed 2011

112, Emirates Cluster 16

Sold prices and rental history: sold 5 times, last in July 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 285K3 July 2018
Current rentAED 23K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Emirates Cluster 16

What is 112 worth today?

Last sold for AED 285,000 in 2018

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1 Apr 2024RentedRenewal
AED 23,000/yr12 months · AED 50 per sqft
1 Apr 2023RentedNew contract
AED 20,000/yr12 months · AED 43 per sqft
1 Apr 2022RentedRenewal
AED 18,000/yr12 months · AED 39 per sqft
1 Apr 2021RentedNew contract
AED 17,000/yr12 months · AED 37 per sqft
18 Mar 2020RentedRenewal
AED 22,000/yr12 months · AED 48 per sqft
3 Jul 2018SoldReady
AED 285,000AED 619 per sqft
31 Jan 2018SoldReady
AED 340,000AED 739 per sqft
26 Sep 2016SoldReady
AED 380,000AED 825 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
1st of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,700 /yr
Last sold
AED 285K · July 2018

About 112, Emirates Cluster 16

112 is a studio of 460 sqft on the 1st floor of Emirates Cluster 16, a 4-storey tower in International City completed in 2011 by International City. It last sold on 3 July 2018 for AED 285,000, or AED 619 per sqft, 10% below the AED 688 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 23,000 a year: a gross yield of 8.1% on the 2018 price, before the service charge of about AED 4,700 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical studio in Emirates Cluster 16
200K300K400K2010201420182022Typical sale price by year: 2010 AED 390,700; 2012 AED 388,200; 2013 AED 385,800; 2014 AED 362,900; 2015 AED 375,000; 2016 AED 365,500; 2018 AED 300,000; 2022 AED 222,500Sold by developer, March 2010: AED 385,800 (AED 838 per sqft)Sold, April 2013: AED 385,800 (AED 838 per sqft)Sold, September 2016: AED 380,000 (AED 825 per sqft)Sold, January 2018: AED 340,000 (AED 739 per sqft)Sold, July 2018: AED 285,000 (AED 619 per sqft)

112 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 112, each contractTypical studio in Emirates Cluster 16
20K40K2013201720212025Typical rent by year: 2013 AED 25,000; 2014 AED 35,500; 2015 AED 38,500; 2016 AED 38,000; 2017 AED 34,000; 2018 AED 28,000; 2019 AED 24,000; 2020 AED 19,000; 2021 AED 17,000; 2022 AED 20,000; 2023 AED 22,000; 2024 AED 25,000; 2025 AED 26,750; 2026 AED 36,000New contract, July 2013: AED 20,000 a yearNew contract, July 2014: AED 39,000 a yearRenewal, August 2016: AED 40,000 a yearRenewal, March 2020: AED 22,000 a yearNew contract, April 2021: AED 17,000 a yearRenewal, April 2022: AED 18,000 a yearNew contract, April 2023: AED 20,000 a yearRenewal, April 2024: AED 23,000 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 16, and where 112 sits

All 24 studios →

112 last sold in July 2018 at AED 619 per sqft, 10% below what studios in Emirates Cluster 16 were fetching at the time (AED 688). 112's AED 23,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Apr 2024295,000
2 Nov 2023250,000
2 Nov 2023250,000
1 Nov 2022230,000
0 studio sales in the last 12 months

Emirates Cluster 16

Building

57 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 617
Typical sale
AED 460K
Typical rent
AED 36K /yr
Typical yield
9.3%
Emirates Cluster 16, International City: prices, sales and rents →

Other units on the 1st floor

All 57 units in Emirates Cluster 16
Value
1011-bedAED 500K · Apr 2014
102StudioAED 355K · Oct 2017
103StudioAED 250K · Nov 2023
1041-bedAED 320K · Oct 2020
1051-bedAED 445K · Apr 2025
1061-bedAED 676K · Jul 2013
1071-bedAED 335K · Mar 2023
1–7 of 13

112, Emirates Cluster 16 in numbers

  • Sold 5 times: first on 7 March 2010 for AED 385,800, last on 3 July 2018 for AED 285,000 (AED 619 per sqft).
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 20,000 to AED 17,000 in 2021 and recovered to AED 23,000 by April 2024.
  • At AED 23,000 a year the gross yield on the 2018 price is 8.1%, before a service charge of about AED 4,700 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 1 April 2024.

Questions about 112, Emirates Cluster 16

What did unit 112 last sell for?

AED 285,000 on 3 July 2018: AED 619 per sqft for 460 sqft. The unit has 5 registered sales; the first was AED 385,800 in March 2010.

What is the rent for unit 112?

AED 23,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 20,000; the unit has been rented since July 2013.

How big is unit 112?

460 sqft (42.7 sqm): a studio on the 1st floor of a 4-storey tower completed in 2011.

What is unit 112 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 112, Emirates Cluster 16

Starts from the last sale price (AED 285K, 3 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 285,000
Deposit, UAE resident (20%)
AED 57,000
Deposit, non-resident (40%)
AED 114,000
Monthly over 25 years at 3.7%
AED 1,166

Plus AED 14,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →