412, Emirates Cluster 23
Sold prices and rental history: sold 3 times, last in April 2016, 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 412, Emirates Cluster 23
What is 412 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 728 sqft
- Floor
- 4th of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 7,500 /yr
- Last sold
- AED 240K · April 2016
- Building
- Emirates Cluster 23
About 412, Emirates Cluster 23
412 is a one-bedroom apartment of 728 sqft on the 4th floor of Emirates Cluster 23, a 4-storey tower in International City completed in 2011 by International City. It last sold on 14 April 2016 for AED 240,000, or AED 329 per sqft, 34% below the AED 498 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 34,000 a year: a gross yield of 14.2% on the 2016 price, before the service charge of about AED 7,500 a year.
Sales and rents for 412 over time
412 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Emirates Cluster 23, and where 412 sits
All 19 1-beds →412 last sold in April 2016 at AED 329 per sqft, 34% below what one-beds in Emirates Cluster 23 were fetching at the time (AED 498). 412's AED 34,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202410 June 2024 | 742 sqft | 425,000 | 572 | ||
| 7 Aug 20237 August 2023 | 727 sqft | 310,000 | 426 | ||
| 10 Apr 202310 April 2023 | 694 sqft | 280,000 | 403 | ||
| 9 Mar 20239 March 2023 | 701 sqft | 300,000 | 427 |
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 4th floor
All 58 units in Emirates Cluster 23| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 741 sqft | AED 709KAED 708,800 · Oct 2013October 2013 | 42,000 /yr | |
| 402 | Studio | 469 sqft | AED 467KAED 466,500 · Sep 2012September 2012 | 25,358 /yr | |
| 403 | Studio | 469 sqft | AED 280KAED 280,000 · Jun 2024June 2024 | 30,000 /yr | |
| 404 | Studio | 427 sqft | AED 265KAED 265,000 · Jan 2024January 2024 | 30,000 /yr | |
| 405 | 1-bed | 693 sqft | AED 305KAED 305,000 · Jun 2022June 2022 | 34,650 /yr | |
| 406 | 1-bed | 692 sqft | AED 390KAED 390,000 · Jul 2018July 2018 | 42,000 /yr | |
| 407 | Studio | 433 sqft | AED 253KAED 253,200 · Sep 2013September 2013 | 25,000 /yr | |
| 408 | Studio | 468 sqft | AED 389KAED 389,000 · Apr 2016April 2016 | 25,725 /yr | |
| 409 | Studio | 457 sqft | AED 285KAED 285,000 · Aug 2018August 2018 | 26,500 /yr | |
| 410 | Studio | 460 sqft | AED 268KAED 268,000 · Mar 2013March 2013 | 31,500 /yr | |
| 411 | Studio | 459 sqft | AED 243KAED 243,400 · Oct 2013October 2013 | 34,000 /yr | |
| 409A | 1-bed | 794 sqft | AED 415KAED 415,000 · Apr 2018April 2018 | 44,500 /yr |
412, Emirates Cluster 23 in numbers
- Sold 3 times: first on 7 March 2010 for AED 699,100, last on 14 April 2016 for AED 240,000 (AED 329 per sqft).
- Rented since April 2013 on 8 Ejari contracts. The rent fell from AED 34,000 to AED 28,000 in 2022 and recovered to AED 34,000 by April 2024.
- At AED 34,000 a year the gross yield on the 2016 price is 14.2%, before a service charge of about AED 7,500 a year (AED 10.28 per sqft).
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 412, Emirates Cluster 23
What did unit 412 last sell for?
AED 240,000 on 14 April 2016: AED 329 per sqft for 728 sqft. The unit has 3 registered sales; the first was AED 699,100 in March 2010.
What is the rent for unit 412?
AED 34,000 a year on the contract renewed on 15 April 2024. The previous contract, from April 2022, was AED 28,000; the unit has been rented since April 2013.
How big is unit 412?
728 sqft (67.6 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2011.
What is unit 412 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 412, Emirates Cluster 23
Starts from the last sale price (AED 240K, 14 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 240,000
- Deposit, UAE resident (20%)
- AED 48,000
- Deposit, non-resident (40%)
- AED 96,000
- Monthly over 25 years at 3.7%
- AED 982
Plus AED 12,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →