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Studio · 469 sqftEmirates Cluster 23, International City · 3rd floor · completed 2011

303, Emirates Cluster 23

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 385K24 January 2017
Current rentAED 22K /yr25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Emirates Cluster 23

What is 303 worth today?

Last sold for AED 385,000 in 2017

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25 May 2023RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
10 Nov 2021RentedNew contract
AED 17,500/yr12 months · AED 37 per sqft
20 Jul 2020RentedNew contract
AED 21,000/yr12 months · AED 44 per sqft
20 Jul 2018RentedNew contract
AED 28,000/yr12 months · AED 59 per sqft
24 Jan 2017Sold by developerReady
AED 385,000AED 821 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
3rd of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 385K · January 2017
Building
Emirates Cluster 23

About 303, Emirates Cluster 23

303 is a studio of 469 sqft on the 3rd floor of Emirates Cluster 23, a 4-storey tower in International City completed in 2011 by International City. The developer sold it on 24 January 2017 for AED 385,000, or AED 821 per sqft, in line with the AED 821 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 25 May 2023, is AED 22,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 4,800 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in Emirates Cluster 23
200K400K20102014201820222026Typical sale price by year: 2010 AED 461,500; 2012 AED 426,800; 2013 AED 412,500; 2014 AED 357,500; 2015 AED 385,000; 2016 AED 382,000; 2017 AED 382,000; 2022 AED 200,000; 2024 AED 270,000; 2025 AED 320,000Sold by developer, January 2017: AED 385,000 (AED 821 per sqft)

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

Rents
Unit 303, each contractTypical studio in Emirates Cluster 23
20K40K2013201720212025Typical rent by year: 2013 AED 27,000; 2014 AED 34,000; 2015 AED 40,000; 2016 AED 37,000; 2017 AED 34,000; 2018 AED 28,000; 2019 AED 24,000; 2020 AED 18,000; 2021 AED 18,000; 2022 AED 20,500; 2023 AED 22,770; 2024 AED 25,358; 2025 AED 28,000; 2026 AED 28,250New contract, July 2018: AED 28,000 a yearNew contract, July 2020: AED 21,000 a yearNew contract, November 2021: AED 17,500 a yearNew contract, May 2023: AED 22,000 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 23, and where 303 sits

All 37 studios →

303 last sold in January 2017 at AED 821 per sqft, in line with what studios in Emirates Cluster 23 were fetching at the time (AED 821). 303's AED 22,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Jul 2025340,000
22 Jul 2025310,000
21 Feb 2025320,000
11 Jun 2024280,000
0 studio sales in the last 12 months

Emirates Cluster 23

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 37K /yr
Typical yield
Emirates Cluster 23, International City: prices, sales and rents →

Other units on the 3rd floor

All 58 units in Emirates Cluster 23
Value
3011-bedAED 505K · Apr 2016
302StudioAED 385K · Jan 2017
304StudioAED 414K · Apr 2013
3051-bedAED 280K · Apr 2023
3061-bedAED 300K · Apr 2019
307StudioAED 200K · Oct 2020
308StudioAED 200K · Feb 2013
1–7 of 11

303, Emirates Cluster 23 in numbers

  • Sold once: by International City on 24 January 2017 for AED 385,000, or AED 821 per sqft.
  • Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 28,000 to AED 17,500 in 2021 and recovered to AED 22,000 by May 2023.
  • At AED 22,000 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 25 May 2023.

Questions about 303, Emirates Cluster 23

What did unit 303 last sell for?

AED 385,000 on 24 January 2017, sold by the developer: AED 821 per sqft for 469 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 22,000 a year on the contract signed on 25 May 2023. The previous contract, from November 2021, was AED 17,500; the unit has been rented since July 2018.

How big is unit 303?

469 sqft (43.6 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.

What is unit 303 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 303, Emirates Cluster 23

Starts from the last sale price (AED 385K, 24 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

Plus AED 19,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →