Studio · 471 sqftEmirates Cluster 16, International City · 2nd floor · completed 2011

203, Emirates Cluster 16

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 26 December 2024
Last soldAED 388K7 March 2010
Current rentAED 25K /yr26 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Emirates Cluster 16

What is 203 worth today?

Last sold for AED 388,200 in 2010

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26 Dec 2024RentedRenewal
AED 25,000/yr12 months · AED 53 per sqft
26 Dec 2023RentedRenewal
AED 22,000/yr12 months · AED 47 per sqft
26 Dec 2022RentedRenewal
AED 20,000/yr12 months · AED 42 per sqft
15 Dec 2019RentedNew contract
AED 21,000/yr12 months · AED 45 per sqft
28 Nov 2017RentedNew contract
AED 30,500/yr12 months · AED 64 per sqft
8 Nov 2015RentedNew contract
AED 38,000/yr12 months · AED 80 per sqft
21 May 2015RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
7 Mar 2010Sold by developerOff-plan
AED 388,200AED 823 per sqft

Source: Dubai Land Department. Updated 26 December 2024.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
2nd of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 388K · March 2010

About 203, Emirates Cluster 16

203 is a studio of 471 sqft on the 2nd floor of Emirates Cluster 16, a 4-storey tower in International City completed in 2011 by International City. The developer sold it on 7 March 2010 for AED 388,200, or AED 823 per sqft, in line with the AED 841 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 26 December 2024, is AED 25,000 a year: a gross yield of 6.4% on the 2010 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 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 388,200 (AED 823 per sqft)

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

Rents
Unit 203, 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, May 2015: AED 40,000 a yearNew contract, November 2015: AED 38,000 a yearNew contract, November 2017: AED 30,500 a yearNew contract, December 2019: AED 21,000 a yearRenewal, December 2022: AED 20,000 a yearRenewal, December 2023: AED 22,000 a yearRenewal, December 2024: AED 25,000 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 203 sits

All 24 studios →

203 last sold in March 2010 at AED 823 per sqft, in line with what studios in Emirates Cluster 16 were fetching at the time (AED 841). 203's AED 25,000 is in the lower half 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 2nd floor

All 57 units in Emirates Cluster 16
Value
2011-bedAED 460K · Dec 2025
202StudioAED 388K · Jul 2013
2041-bedAED 475K · May 2015
2051-bedAED 317K · Apr 2022
2061-bedAED 365K · Nov 2023
2071-bedAED 340K · Oct 2012
2081-bedAED 613K · Jan 2013
1–7 of 13

203, Emirates Cluster 16 in numbers

  • Sold once: by International City on 7 March 2010 for AED 388,200, or AED 823 per sqft.
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 20,000 in 2022 and recovered to AED 25,000 by December 2024.
  • At AED 25,000 a year the gross yield on the 2010 price is 6.4%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 26 December 2024.

Questions about 203, Emirates Cluster 16

What did unit 203 last sell for?

AED 388,200 on 7 March 2010, sold by the developer: AED 823 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 25,000 a year on the contract renewed on 26 December 2024. The previous contract, from December 2023, was AED 22,000; the unit has been rented since May 2015.

How big is unit 203?

471 sqft (43.8 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 16

Starts from the last sale price (AED 388K, 7 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 388,200
Deposit, UAE resident (20%)
AED 77,640
Deposit, non-resident (40%)
AED 155,280
Monthly over 25 years at 3.7%
AED 1,588

Plus AED 19,214 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →