Studio · 468 sqftEmirates Cluster 02, International City · 4th floor · completed 2011

408, Emirates Cluster 02

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 255K10 August 2023
Current rentAED 32K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Emirates Cluster 02

What is 408 worth today?

Last sold for AED 255,000 in 2023

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15 Dec 2025RentedRenewal
AED 32,000/yr12 months · AED 68 per sqft
15 Dec 2024RentedNew contract
AED 31,500/yr12 months · AED 67 per sqft
10 Aug 2023SoldReady
AED 255,000AED 544 per sqft
1 Dec 2019RentedNew contract
AED 22,000/yr12 months · AED 48 per sqft
1 Nov 2018RentedNew contract
AED 26,000/yr12 months · AED 56 per sqft
16 Jul 2018SoldReady
AED 285,000AED 608 per sqft
8 Feb 2018RentedRenewal
AED 28,000/yr12 months · AED 60 per sqft
8 Feb 2017RentedRenewal
AED 31,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
4th of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 255K · August 2023

About 408, Emirates Cluster 02

408 is a studio of 468 sqft on the 4th floor of Emirates Cluster 02, a 4-storey tower in International City completed in 2011 by International City. It last sold on 10 August 2023 for AED 255,000, or AED 544 per sqft, in line with the AED 543 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 32,000 a year: a gross yield of 12.6% on the 2023 price, before the service charge of about AED 4,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, March 2010: AED 447,300 (AED 955 per sqft)Sold, June 2013: AED 447,300 (AED 955 per sqft)Sold, July 2018: AED 285,000 (AED 608 per sqft)Sold, August 2023: AED 255,000 (AED 544 per sqft)

408 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 408, 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, December 2014: AED 37,000 a yearNew contract, February 2016: AED 35,000 a yearRenewal, February 2017: AED 31,000 a yearRenewal, February 2018: AED 28,000 a yearNew contract, November 2018: AED 26,000 a yearNew contract, December 2019: AED 22,000 a yearNew contract, December 2024: AED 31,500 a yearRenewal, December 2025: AED 32,000 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 408 sits

All 37 studios →

408 last sold in August 2023 at AED 544 per sqft, in line with what studios in Emirates Cluster 02 were fetching at the time (AED 543). 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. 408's AED 32,000 is in the upper 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 4th floor

All 58 units in Emirates Cluster 02
Value
4011-bedAED 534K · Aug 2016
402StudioAED 235K · Jun 2019
403StudioAED 385K · Feb 2016
404StudioAED 330K · Feb 2018
4051-bedAED 506K · Jun 2016
4061-bedAED 505K · Apr 2017
407StudioAED 390K · Mar 2010
1–7 of 12

408, Emirates Cluster 02 in numbers

  • Sold 4 times: first on 3 March 2010 for AED 447,300, last on 10 August 2023 for AED 255,000 (AED 544 per sqft).
  • Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 37,000 to AED 22,000 in 2019 and recovered to AED 32,000 by December 2025.
  • At AED 32,000 a year the gross yield on the 2023 price is 12.6%, 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 15 December 2025.

Questions about 408, Emirates Cluster 02

What did unit 408 last sell for?

AED 255,000 on 10 August 2023: AED 544 per sqft for 468 sqft. The unit has 4 registered sales; the first was AED 447,300 in March 2010.

What is the rent for unit 408?

AED 32,000 a year on the contract renewed on 15 December 2025. The previous contract, from December 2024, was AED 31,500; the unit has been rented since December 2014.

How big is unit 408?

468 sqft (43.5 sqm): a studio 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. 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 408, Emirates Cluster 02

Starts from the last sale price (AED 255K, 10 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 255,000
Deposit, UAE resident (20%)
AED 51,000
Deposit, non-resident (40%)
AED 102,000
Monthly over 25 years at 3.7%
AED 1,043

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