Studio · 463 sqftEmirates Cluster 02, International City · 3rd floor · completed 2011

311, Emirates Cluster 02

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 380K23 May 2016
Current rentAED 25K /yr7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Emirates Cluster 02

What is 311 worth today?

Last sold for AED 380,000 in 2016

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7 Nov 2024RentedRenewal
AED 25,200/yr12 months · AED 54 per sqft
20 May 2024RentedNew contract
AED 27,500/yr12 months · AED 59 per sqft
7 Nov 2023RentedRenewal
AED 22,000/yr6 months · AED 48 per sqft
8 Oct 2022RentedNew contract
AED 22,000/yr13 months · AED 48 per sqft
10 Jul 2021RentedNew contract
AED 17,500/yr12 months · AED 38 per sqft
2 Oct 2020RentedNew contract
AED 17,000/yr12 months · AED 37 per sqft
29 Aug 2018RentedNew contract
AED 27,000/yr12 months · AED 58 per sqft
23 May 2016Sold by developerReady
AED 380,000AED 820 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
3rd of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 380K · May 2016

About 311, Emirates Cluster 02

311 is a studio of 463 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 23 May 2016 for AED 380,000, or AED 820 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 7 Ejari contracts. The current contract, renewed on 7 November 2024, is AED 25,200 a year: a gross yield of 6.6% on the 2016 price, before the service charge of about AED 4,800 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical studio in Emirates Cluster 02
200K400K2010201420182022Typical sale price by year: 2010 AED 430,300; 2012 AED 409,300; 2013 AED 437,800; 2014 AED 417,000; 2016 AED 388,000; 2020 AED 254,300; 2021 AED 220,000; 2022 AED 205,000; 2023 AED 250,000; 2024 AED 302,500Sold by developer, May 2016: AED 380,000 (AED 820 per sqft)

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

Rents
Unit 311, each contractTypical studio in Emirates Cluster 02
20K30K40K2013201720212025Typical rent by year: 2013 AED 25,000; 2014 AED 33,275; 2015 AED 38,000; 2016 AED 38,000; 2017 AED 33,000; 2018 AED 28,000; 2019 AED 24,000; 2020 AED 19,000; 2021 AED 17,000; 2022 AED 20,000; 2023 AED 23,000; 2024 AED 25,500; 2025 AED 30,000; 2026 AED 31,000New contract, August 2018: AED 27,000 a yearNew contract, October 2020: AED 17,000 a yearNew contract, July 2021: AED 17,500 a yearNew contract, October 2022: AED 22,000 a yearRenewal, November 2023: AED 22,000 a yearNew contract, May 2024: AED 27,500 a yearRenewal, November 2024: AED 25,200 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 02, and where 311 sits

All 37 studios →

311 last sold in May 2016 at AED 820 per sqft, in line with what studios in Emirates Cluster 02 were fetching at the time (AED 821). 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. 311's AED 25,200 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Sep 2026340,000
9 Sep 2025340,000
20 Nov 2024300,000
10 Sep 2024315,000
1 studio sale in the last 12 months

Emirates Cluster 02

Building

58 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%
Emirates Cluster 02, International City: prices, sales and rents →

Other units on the 3rd floor

All 58 units in Emirates Cluster 02
Value
3011-bedAED 263K · May 2015
302StudioAED 270K · May 2023
303StudioAED 386K · Oct 2017
304StudioAED 218K · Oct 2021
3051-bedAED 453K · Sep 2016
3061-bedAED 646K · May 2013
307StudioAED 390K · Jun 2016
1–7 of 11

311, Emirates Cluster 02 in numbers

  • Sold once: by International City on 23 May 2016 for AED 380,000, or AED 820 per sqft.
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 27,000 to AED 17,000 in 2020 and recovered to AED 25,200 by November 2024.
  • At AED 25,200 a year the gross yield on the 2016 price is 6.6%, 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 7 November 2024.

Questions about 311, Emirates Cluster 02

What did unit 311 last sell for?

AED 380,000 on 23 May 2016, sold by the developer: AED 820 per sqft for 463 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 25,200 a year on the contract renewed on 7 November 2024. The previous contract, from May 2024, was AED 27,500; the unit has been rented since August 2018.

How big is unit 311?

463 sqft (43.0 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.

What is unit 311 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 311, Emirates Cluster 02

Starts from the last sale price (AED 380K, 23 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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