308, Emirates Cluster 02
Sold prices and rental history: sold once, by the developer in June 2016, 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 308, Emirates Cluster 02
What is 308 worth today?
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Source: Dubai Land Department. Updated 20 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 3rd of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,800 /yr
- Last sold
- AED 388K · June 2016
- Building
- Emirates Cluster 02
About 308, Emirates Cluster 02
308 is a studio of 468 sqft on the 3rd floor of Emirates Cluster 02, a 4-storey tower in International City completed in 2011 by International City. The developer sold it on 21 June 2016 for AED 388,000, or AED 828 per sqft, in line with the AED 825 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 24,000 a year: a gross yield of 6.2% on the 2016 price, before the service charge of about AED 4,800 a year.
Sales and rents for 308 over time
308 has sold once; 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 02, and where 308 sits
All 37 studios →308 last sold in June 2016 at AED 828 per sqft, in line with what studios in Emirates Cluster 02 were fetching at the time (AED 825). Over the last 12 months studios sold for AED 340,000, around AED 759 per sqft, and rent for AED 20,000 to 38,000 a year. 308's AED 24,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 447 sqft | 340,000 | 759 | ||
| 9 Sep 20259 September 2025 | 469 sqft | 340,000 | 725 | ||
| 20 Nov 202420 November 2024 | 443 sqft | 300,000 | 677 | ||
| 10 Sep 202410 September 2024 | 514 sqft | 315,000 | 613 |
Emirates Cluster 02
Building58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 1 sold in the last 12 months.
- Typical price per sqft
- AED 759
- Typical sale
- AED 340K
- Typical rent
- AED 32K /yr
- Typical yield
- 8.2%
Other units on the 3rd floor
All 58 units in Emirates Cluster 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 742 sqft | AED 263KAED 262,500 · May 2015May 2015 | 40,000 /yr | |
| 302 | Studio | 469 sqft | AED 270KAED 270,000 · May 2023May 2023 | 33,500 /yr | |
| 303 | Studio | 469 sqft | AED 386KAED 386,000 · Oct 2017October 2017 | 36,000 /yr | |
| 304 | Studio | 427 sqft | AED 218KAED 218,000 · Oct 2021October 2021 | 29,000 /yr | |
| 305 | 1-bed | 694 sqft | AED 453KAED 453,100 · Sep 2016September 2016 | 40,000 /yr | |
| 306 | 1-bed | 692 sqft | AED 646KAED 645,500 · May 2013May 2013 | 31,500 /yr | |
| 307 | Studio | 433 sqft | AED 390KAED 390,000 · Jun 2016June 2016 | 37,000 /yr | |
| 309 | Studio | 514 sqft | AED 305KAED 305,000 · May 2024May 2024 | 31,500 /yr | |
| 310 | Studio | 515 sqft | AED 254KAED 253,800 · Sep 2020September 2020 | 37,000 /yr | |
| 311 | Studio | 463 sqft | AED 380KAED 380,000 · May 2016May 2016 | 25,200 /yr | |
| 312 | 1-bed | 727 sqft | AED 400KAED 400,000 · Jul 2024July 2024 | 45,000 /yr |
308, Emirates Cluster 02 in numbers
- Sold once: by International City on 21 June 2016 for AED 388,000, or AED 828 per sqft.
- Rented since December 2017 on 6 Ejari contracts. The rent fell from AED 34,000 to AED 20,000 in 2020 and recovered to AED 24,000 by October 2023.
- At AED 24,000 a year the gross yield on the 2016 price is 6.2%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).
- Studios in Emirates Cluster 02 sold for AED 340,000–340,000 in the 12 months to November 2026; the building's median across all types is AED 759 per sqft.
Source: Dubai Land Department. Updated 20 October 2023.
Questions about 308, Emirates Cluster 02
What did unit 308 last sell for?
AED 388,000 on 21 June 2016, sold by the developer: AED 828 per sqft for 468 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 24,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 22,500; the unit has been rented since December 2017.
How big is unit 308?
468 sqft (43.5 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Emirates Cluster 02 sold for AED 340,000 to 340,000 in the last 12 months, around AED 759 per sqft.
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Mortgage on 308, Emirates Cluster 02
Starts from the last sale price (AED 388K, 21 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 388,000
- Deposit, UAE resident (20%)
- AED 77,600
- Deposit, non-resident (40%)
- AED 155,200
- Monthly over 25 years at 3.7%
- AED 1,587
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →