406, Emirates Cluster 02
Sold prices and rental history: sold once, by the developer in April 2017, and rented once, from August 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Emirates Cluster 02
What is 406 worth today?
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Source: Dubai Land Department. Updated 14 August 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 4th of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 7,100 /yr
- Last sold
- AED 505K · April 2017
- Building
- Emirates Cluster 02
About 406, Emirates Cluster 02
406 is a one-bedroom apartment of 692 sqft on the 4th floor of Emirates Cluster 02, a 4-storey tower in International City completed in 2011 by International City. The developer sold it on 9 April 2017 for AED 505,000, or AED 729 per sqft, in line with the AED 729 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 14 August 2017. The current contract, signed on 14 August 2017, is AED 43,000 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 7,100 a year.
Sales and rents for 406 over time
406 has sold once; 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 02, and where 406 sits
All 21 1-beds →406 last sold in April 2017 at AED 729 per sqft, in line with what one-beds in Emirates Cluster 02 were fetching at the time (AED 729). 406's AED 43,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jul 20244 July 2024 | 727 sqft | 400,000 | 549 | ||
| 18 Jan 202418 January 2024 | 694 sqft | 350,000 | 504 | ||
| 22 Dec 202322 December 2023 | 727 sqft | 350,000 | 481 | ||
| 11 Apr 202311 April 2023 | 692 sqft | 290,000 | 418 |
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 4th floor
All 58 units in Emirates Cluster 02| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 741 sqft | AED 534KAED 534,000 · Aug 2016August 2016 | 42,000 /yr | |
| 402 | Studio | 469 sqft | AED 235KAED 235,000 · Jun 2019June 2019 | 34,000 /yr | |
| 403 | Studio | 469 sqft | AED 385KAED 385,000 · Feb 2016February 2016 | 32,000 /yr | |
| 404 | Studio | 427 sqft | AED 330KAED 330,000 · Feb 2018February 2018 | 31,000 /yr | |
| 405 | 1-bed | 693 sqft | AED 506KAED 506,000 · Jun 2016June 2016 | 36,000 /yr | |
| 407 | Studio | 433 sqft | AED 390KAED 390,200 · Mar 2010March 2010 | 24,800 /yr | |
| 408 | Studio | 468 sqft | AED 255KAED 255,000 · Aug 2023August 2023 | 32,000 /yr | |
| 409 | Studio | 457 sqft | AED 438KAED 437,800 · May 2013May 2013 | 29,000 /yr | |
| 410 | Studio | 460 sqft | AED 414KAED 414,000 · Oct 2014October 2014 | 30,000 /yr | |
| 411 | Studio | 459 sqft | AED 438KAED 437,800 · May 2013May 2013 | 22,000 /yr | |
| 412 | 1-bed | 728 sqft | AED 677KAED 677,400 · Mar 2010March 2010 | 44,000 /yr | |
| 409A | 1-bed | 794 sqft | AED 696KAED 696,200 · Nov 2014November 2014 | 34,000 /yr |
406, Emirates Cluster 02 in numbers
- Sold once: by International City on 9 April 2017 for AED 505,000, or AED 729 per sqft.
- Rented since August 2017 on one Ejari contract, at AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2017 price is 8.5%, before a service charge of about AED 7,100 a year (AED 10.28 per sqft).
Source: Dubai Land Department. Updated 14 August 2017.
Questions about 406, Emirates Cluster 02
What did unit 406 last sell for?
AED 505,000 on 9 April 2017, sold by the developer: AED 729 per sqft for 692 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 43,000 a year on the contract signed on 14 August 2017.
How big is unit 406?
692 sqft (64.3 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2011.
What is unit 406 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 406, Emirates Cluster 02
Starts from the last sale price (AED 505K, 9 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 505,000
- Deposit, UAE resident (20%)
- AED 101,000
- Deposit, non-resident (40%)
- AED 202,000
- Monthly over 25 years at 3.7%
- AED 2,066
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →