408, Emirates Cluster 24
Sold prices and rental history: sold 4 times, last in June 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Emirates Cluster 24
What is 408 worth today?
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Source: Dubai Land Department. Updated 4 March 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 739 sqft
- Floor
- 4th of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 7,600 /yr
- Last sold
- AED 250K · June 2017
- Building
- Emirates Cluster 24
About 408, Emirates Cluster 24
408 is a one-bedroom apartment of 739 sqft on the 4th floor of Emirates Cluster 24, a 4-storey tower in International City completed in 2011 by International City. It last sold on 4 June 2017 for AED 250,000, or AED 338 per sqft, 42% below the AED 579 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 4 March 2023, is AED 32,000 a year: a gross yield of 12.8% on the 2017 price, before the service charge of about AED 7,600 a year.
Sales and rents for 408 over time
408 has sold 4 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 24, and where 408 sits
All 38 1-beds →408 last sold in June 2017 at AED 338 per sqft, 42% below what one-beds in Emirates Cluster 24 were fetching at the time (AED 579). Over the last 12 months one-beds sold for AED 465,000, around AED 624 per sqft, and rent for AED 35,000 to 46,000 a year. 408's AED 32,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 744 sqft | 465,000 | 624 | ||
| 21 Jan 202521 January 2025 | 740 sqft | 420,000 | 567 | ||
| 5 Jun 20245 June 2024 | 834 sqft | 400,000 | 479 | ||
| 6 Feb 20246 February 2024 | 789 sqft | 305,000 | 386 |
Emirates Cluster 24
Building70 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 3 sold in the last 12 months.
- Typical price per sqft
- AED 690
- Typical sale
- AED 351K
- Typical rent
- AED 36K /yr
- Typical yield
- 7.9%
Other units on the 4th floor
All 70 units in Emirates Cluster 24| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 744 sqft | AED 422KAED 422,000 · Jul 2013July 2013 | 38,000 /yr | |
| 402 | Studio | 471 sqft | AED 475KAED 475,400 · Apr 2010April 2010 | 22,000 /yr | |
| 403 | Studio | 471 sqft | AED 475KAED 475,400 · Apr 2010April 2010 | 21,500 /yr | |
| 404 | 1-bed | 745 sqft | AED 308KAED 308,000 · Jul 2022July 2022 | 33,205 /yr | |
| 405 | 1-bed | 743 sqft | AED 713KAED 713,100 · Mar 2010March 2010 | 37,000 /yr | |
| 406 | 1-bed | 852 sqft | AED 325KAED 325,000 · Oct 2021October 2021 | 39,000 /yr | |
| 407 | 1-bed | 833 sqft | AED 802KAED 802,200 · Mar 2010March 2010 | 29,000 /yr | |
| 409 | Studio | 456 sqft | AED 210KAED 210,000 · Jul 2022July 2022 | 23,000 /yr | |
| 410 | Studio | 438 sqft | AED 289KAED 288,900 · Aug 2013August 2013 | 27,000 /yr | |
| 411 | 1-bed | 729 sqft | AED 703KAED 703,200 · Feb 2014February 2014 | 33,000 /yr | |
| 412 | Studio | 460 sqft | AED 475KAED 475,400 · May 2014May 2014 | 25,300 /yr | |
| 413 | Studio | 460 sqft | AED 475KAED 475,400 · Mar 2013March 2013 | 35,000 /yr | |
| 414 | 1-bed | 728 sqft | AED 495KAED 495,000 · Jul 2016July 2016 | 40,000 /yr | |
| 409A | 1-bed | 789 sqft | AED 305KAED 305,000 · Feb 2024February 2024 | 42,000 /yr |
408, Emirates Cluster 24 in numbers
- Sold 4 times: first on 7 March 2010 for AED 723,000, last on 4 June 2017 for AED 250,000 (AED 338 per sqft).
- Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 44,000 to AED 26,000 in 2021 and recovered to AED 32,000 by March 2023.
- At AED 32,000 a year the gross yield on the 2017 price is 12.8%, before a service charge of about AED 7,600 a year (AED 10.28 per sqft).
- One-beds in Emirates Cluster 24 sold for AED 465,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 690 per sqft.
Source: Dubai Land Department. Updated 4 March 2023.
Questions about 408, Emirates Cluster 24
What did unit 408 last sell for?
AED 250,000 on 4 June 2017: AED 338 per sqft for 739 sqft. The unit has 4 registered sales; the first was AED 723,000 in March 2010.
What is the rent for unit 408?
AED 32,000 a year on the contract signed on 4 March 2023. The previous contract, from March 2021, was AED 26,000; the unit has been rented since November 2017.
How big is unit 408?
739 sqft (68.7 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2011.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Emirates Cluster 24 sold for AED 465,000 to 465,000 in the last 12 months, around AED 624 per sqft.
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Mortgage on 408, Emirates Cluster 24
Starts from the last sale price (AED 250K, 4 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →