1-bed · 834 sqftEmirates Cluster 01, International City · 4th floor · completed 2011

407, Emirates Cluster 01

Sold prices and rental history: sold twice, last in June 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 3 July 2018
Last soldAED 280K11 June 2014
Current rentAED 48K /yr3 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Emirates Cluster 01

What is 407 worth today?

Last sold for AED 280,000 in 2014

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3 Jul 2018RentedRenewal
AED 48,000/yr12 months · AED 58 per sqft
3 Jul 2017RentedRenewal
AED 54,000/yr12 months · AED 65 per sqft
3 Jul 2016RentedNew contract
AED 54,000/yr12 months · AED 65 per sqft
10 Aug 2015RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
5 Aug 2014RentedNew contract
AED 53,000/yr12 months · AED 64 per sqft
11 Jun 2014SoldReady
AED 280,000AED 335 per sqft
19 Feb 2014Sold by developerReady
AED 423,500AED 507 per sqft
20 Aug 2013RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 3 July 2018.

Key facts

Type
1-bed apartment
Size
834 sqft
Floor
4th of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 8,600 /yr
Last sold
AED 280K · June 2014

About 407, Emirates Cluster 01

407 is a one-bedroom apartment of 834 sqft on the 4th floor of Emirates Cluster 01, a 4-storey tower in International City completed in 2011 by International City. It last sold on 11 June 2014 for AED 280,000, or AED 335 per sqft, 40% below the AED 560 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 3 July 2018, is AED 48,000 a year: a gross yield of 17.1% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Emirates Cluster 01
400K600K2010201520202025Typical sale price by year: 2010 AED 675,000; 2012 AED 667,750; 2013 AED 672,350; 2014 AED 490,000; 2015 AED 478,300; 2016 AED 554,000; 2017 AED 490,000; 2018 AED 407,500; 2019 AED 342,500; 2024 AED 400,000; 2025 AED 435,000; 2026 AED 435,000Sold by developer, February 2014: AED 423,500 (AED 507 per sqft)Sold, June 2014: AED 280,000 (AED 335 per sqft)

407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Emirates Cluster 01
20K40K60K2013201720212025Typical rent by year: 2013 AED 37,000; 2014 AED 48,000; 2015 AED 50,200; 2016 AED 51,500; 2017 AED 46,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 28,000; 2021 AED 25,000; 2022 AED 28,750; 2023 AED 32,000; 2024 AED 36,000; 2025 AED 40,000; 2026 AED 42,000New contract, August 2013: AED 40,000 a yearNew contract, August 2014: AED 53,000 a yearNew contract, August 2015: AED 58,000 a yearNew contract, July 2016: AED 54,000 a yearRenewal, July 2017: AED 54,000 a yearRenewal, July 2018: AED 48,000 a year

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 01, and where 407 sits

All 33 1-beds →

407 last sold in June 2014 at AED 335 per sqft, 40% below what one-beds in Emirates Cluster 01 were fetching at the time (AED 560). Over the last 12 months one-beds sold for AED 425,000 to 465,000, around AED 584 per sqft, and rent for AED 35,000 to 57,333 a year. 407's AED 48,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 2026435,000
11 Jun 2026435,000
20 May 2026425,000
2 Feb 2026465,000
4 1-bed sales in the last 12 months

Emirates Cluster 01

Building

57 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 6 sold in the last 12 months.

Typical price per sqft
AED 617
Typical sale
AED 430K
Typical rent
AED 39K /yr
Typical yield
9.2%
Emirates Cluster 01, International City: prices, sales and rents →

Other units on the 4th floor

All 57 units in Emirates Cluster 01
Value
4011-bedAED 350K · Oct 2023
402StudioAED 250K · Mar 2013
403StudioAED 238K · Oct 2020
4041-bedAED 490K · Oct 2017
4051-bedAED 425K · May 2026
4061-bedAED 280K · Apr 2021
4081-bedAED 554K · Jun 2016
1–7 of 14

407, Emirates Cluster 01 in numbers

  • Sold twice: first on 19 February 2014 for AED 423,500, last on 11 June 2014 for AED 280,000 (AED 335 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 40,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2014 price is 17.1%, before a service charge of about AED 8,600 a year (AED 10.28 per sqft).
  • One-beds in Emirates Cluster 01 sold for AED 425,000–465,000 in the 12 months to November 2026; the building's median across all types is AED 617 per sqft.

Source: Dubai Land Department. Updated 3 July 2018.

Questions about 407, Emirates Cluster 01

What did unit 407 last sell for?

AED 280,000 on 11 June 2014: AED 335 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 423,500 in February 2014.

What is the rent for unit 407?

AED 48,000 a year on the contract renewed on 3 July 2018. The previous contract, from July 2017, was AED 54,000; the unit has been rented since August 2013.

How big is unit 407?

834 sqft (77.5 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2011.

What is unit 407 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 01 sold for AED 425,000 to 465,000 in the last 12 months, around AED 584 per sqft.

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Mortgage on 407, Emirates Cluster 01

Starts from the last sale price (AED 280K, 11 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 280,000
Deposit, UAE resident (20%)
AED 56,000
Deposit, non-resident (40%)
AED 112,000
Monthly over 25 years at 3.7%
AED 1,146

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →