002, Emirates Cluster 23
Sold prices and rental history: sold 3 times, last in March 2017, 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 002, Emirates Cluster 23
What is 002 worth today?
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Source: Dubai Land Department. Updated 28 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- Ground of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,600 /yr
- Last sold
- AED 325K · March 2017
- Building
- Emirates Cluster 23
About 002, Emirates Cluster 23
002 is a studio of 447 sqft on the ground floor of Emirates Cluster 23, a 4-storey tower in International City completed in 2011 by International City. It last sold on 9 March 2017 for AED 325,000, or AED 726 per sqft, 12% below the AED 821 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 28 July 2024, is AED 27,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 4,600 a year.
Sales and rents for 002 over time
002 has sold 3 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 23, and where 002 sits
All 37 studios →002 last sold in March 2017 at AED 726 per sqft, 12% below what studios in Emirates Cluster 23 were fetching at the time (AED 821). 002's AED 27,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202528 July 2025 | 463 sqft | 340,000 | 734 | ||
| 22 Jul 202522 July 2025 | 427 sqft | 310,000 | 725 | ||
| 21 Feb 202521 February 2025 | 468 sqft | 320,000 | 683 | ||
| 11 Jun 202411 June 2024 | 469 sqft | 280,000 | 597 |
Emirates Cluster 23
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 37K /yr
- Typical yield
Other units on the ground floor
All 58 units in Emirates Cluster 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 001 | 1-bed | 741 sqft | AED 325KAED 325,000 · Jan 2022January 2022 | 37,000 /yr | |
| 003 | Studio | 447 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 30,000 /yr | |
| 004 | 1-bed | 701 sqft | AED 300KAED 300,000 · Mar 2023March 2023 | 40,000 /yr | |
| 005 | 1-bed | 757 sqft | AED 315KAED 315,000 · Oct 2021October 2021 | 35,700 /yr | |
| 006 | Studio | 447 sqft | AED 250KAED 250,000 · Jan 2024January 2024 | 28,000 /yr | |
| 007 | Studio | 437 sqft | AED 200KAED 200,000 · Nov 2022November 2022 | 39,779 /yr | |
| 008 | Studio | 443 sqft | AED 427KAED 426,800 · Dec 2012December 2012 | 22,000 /yr | |
| 009 | 1-bed | 727 sqft | AED 320KAED 320,000 · Sep 2021September 2021 | 45,000 /yr |
002, Emirates Cluster 23 in numbers
- Sold 3 times: first on 24 March 2010 for AED 436,700, last on 9 March 2017 for AED 325,000 (AED 726 per sqft).
- Rented since May 2013 on 13 Ejari contracts. The rent fell from AED 19,500 to AED 17,000 in 2021 and recovered to AED 27,000 by July 2024.
- At AED 27,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 4,600 a year (AED 10.28 per sqft).
Source: Dubai Land Department. Updated 28 July 2024.
Questions about 002, Emirates Cluster 23
What did unit 002 last sell for?
AED 325,000 on 9 March 2017: AED 726 per sqft for 447 sqft. The unit has 3 registered sales; the first was AED 436,700 in March 2010.
What is the rent for unit 002?
AED 27,000 a year on the contract signed on 28 July 2024. The previous contract, from June 2023, was AED 22,000; the unit has been rented since May 2013.
How big is unit 002?
447 sqft (41.5 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.
What is unit 002 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 002, Emirates Cluster 23
Starts from the last sale price (AED 325K, 9 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 325,000
- Deposit, UAE resident (20%)
- AED 65,000
- Deposit, non-resident (40%)
- AED 130,000
- Monthly over 25 years at 3.7%
- AED 1,330
Plus AED 16,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →