Studio · 471 sqftEmirates Cluster 03, International City · 1st floor · completed 2011

103, Emirates Cluster 03

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

Unit 103 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 380K5 April 2016
Current rentAED 25K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Emirates Cluster 03

What is 103 worth today?

Last sold for AED 380,000 in 2016

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1 Aug 2024RentedNew contract
AED 25,000/yr12 months · AED 53 per sqft
1 Aug 2021RentedNew contract
AED 18,000/yr12 months · AED 38 per sqft
25 Jun 2020RentedNew contract
AED 18,000/yr12 months · AED 38 per sqft
2 May 2019RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
25 Apr 2018RentedNew contract
AED 30,000/yr12 months · AED 64 per sqft
3 Apr 2017RentedNew contract
AED 34,000/yr12 months · AED 72 per sqft
6 Apr 2016RentedNew contract
AED 38,000/yr12 months · AED 80 per sqft
5 Apr 2016Sold by developerReady
AED 380,000AED 806 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
471 sqft
Floor
1st of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 380K · April 2016

About 103, Emirates Cluster 03

103 is a studio of 471 sqft on the 1st floor of Emirates Cluster 03, a 4-storey tower in International City completed in 2011 by International City. The developer sold it on 5 April 2016 for AED 380,000, or AED 806 per sqft, in line with the AED 822 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 August 2024, is AED 25,000 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 103 over time

Sales
Unit 103, each saleTypical studio in Emirates Cluster 03
200K300K400K20102014201820222026Typical sale price by year: 2010 AED 408,500; 2012 AED 407,300; 2013 AED 349,000; 2014 AED 401,100; 2015 AED 382,500; 2016 AED 370,500; 2021 AED 216,666; 2023 AED 200,000; 2025 AED 317,000Sold by developer, April 2016: AED 380,000 (AED 806 per sqft)

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

Rents
Unit 103, each contractTypical studio in Emirates Cluster 03
20K30K40K2012201620202024Typical rent by year: 2012 AED 19,000; 2013 AED 22,500; 2014 AED 31,459; 2015 AED 37,250; 2016 AED 35,000; 2017 AED 32,000; 2018 AED 28,000; 2019 AED 24,000; 2020 AED 20,000; 2021 AED 18,000; 2022 AED 20,250; 2023 AED 22,500; 2024 AED 27,800; 2025 AED 30,000; 2026 AED 30,000New contract, April 2016: AED 38,000 a yearNew contract, April 2017: AED 34,000 a yearNew contract, April 2018: AED 30,000 a yearNew contract, May 2019: AED 24,000 a yearNew contract, June 2020: AED 18,000 a yearNew contract, August 2021: AED 18,000 a yearNew contract, August 2024: AED 25,000 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 03, and where 103 sits

All 31 studios →

103 last sold in April 2016 at AED 806 per sqft, in line with what studios in Emirates Cluster 03 were fetching at the time (AED 822). 103's AED 25,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2025320,000
20 Jan 2025317,000
8 Jan 2025250,000
26 Dec 2023210,000
0 studio sales in the last 12 months

Emirates Cluster 03

Building

70 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 34K /yr
Typical yield
Emirates Cluster 03, International City: prices, sales and rents →

Other units on the 1st floor

All 70 units in Emirates Cluster 03
Value
1011-bedAED 308K · Jul 2022
102StudioAED 210K · Jul 2022
1041-bedAED 315K · Jul 2023
1051-bedAED 525K · Jul 2014
1061-bedAED 435K · Jul 2025
1071-bedAED 530K · May 2014
1081-bedAED 363K · Jan 2024
1–7 of 13

103, Emirates Cluster 03 in numbers

  • Sold once: by International City on 5 April 2016 for AED 380,000, or AED 806 per sqft.
  • Rented since April 2016 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 18,000 in 2021 and recovered to AED 25,000 by August 2024.
  • At AED 25,000 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).

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 103, Emirates Cluster 03

What did unit 103 last sell for?

AED 380,000 on 5 April 2016, sold by the developer: AED 806 per sqft for 471 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 25,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2021, was AED 18,000; the unit has been rented since April 2016.

How big is unit 103?

471 sqft (43.8 sqm): a studio on the 1st floor of a 4-storey tower completed in 2011.

What is unit 103 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 103, Emirates Cluster 03

Starts from the last sale price (AED 380K, 5 April 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 →