1-bed · 692 sqftEmirates Cluster 04, International City · 4th floor · completed 2011

406, Emirates Cluster 04

Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 535K10 April 2014
Current rentAED 30K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Emirates Cluster 04

What is 406 worth today?

Last sold for AED 535,000 in 2014

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1 Jan 2023RentedRenewal
AED 29,900/yr12 months · AED 43 per sqft
1 Jan 2022RentedNew contract
AED 26,000/yr12 months · AED 38 per sqft
1 Dec 2020RentedRenewal
AED 25,000/yr12 months · AED 36 per sqft
1 Dec 2019RentedNew contract
AED 30,500/yr12 months · AED 44 per sqft
26 Oct 2018RentedRenewal
AED 36,000/yr12 months · AED 52 per sqft
26 Oct 2017RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
14 Aug 2016RentedNew contract
AED 50,000/yr12 months · AED 72 per sqft
14 Aug 2014RentedNew contract
AED 48,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

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 535K · April 2014

About 406, Emirates Cluster 04

406 is a one-bedroom apartment of 692 sqft on the 4th floor of Emirates Cluster 04, a 4-storey tower in International City completed in 2011 by International City. It last sold on 10 April 2014 for AED 535,000, or AED 772 per sqft, 19% above the AED 649 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 29,900 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 7,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Emirates Cluster 04
400K600K2010201420182022Typical sale price by year: 2010 AED 604,600; 2013 AED 450,000; 2014 AED 379,900; 2016 AED 521,500; 2023 AED 300,000Sold by developer, March 2010: AED 602,400 (AED 870 per sqft)Sold, February 2014: AED 367,400 (AED 530 per sqft)Sold, April 2014: AED 535,000 (AED 772 per sqft)

406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Emirates Cluster 04
20K40K2013201720212025Typical rent by year: 2013 AED 36,000; 2014 AED 46,000; 2015 AED 46,000; 2016 AED 47,000; 2017 AED 42,000; 2018 AED 38,000; 2019 AED 33,000; 2020 AED 28,000; 2021 AED 24,000; 2022 AED 26,460; 2023 AED 30,000; 2024 AED 33,900; 2025 AED 37,000; 2026 AED 37,000New contract, August 2014: AED 48,000 a yearNew contract, August 2016: AED 50,000 a yearNew contract, October 2017: AED 40,000 a yearRenewal, October 2018: AED 36,000 a yearNew contract, December 2019: AED 30,500 a yearRenewal, December 2020: AED 25,000 a yearNew contract, January 2022: AED 26,000 a yearRenewal, January 2023: AED 29,900 a year

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 04, and where 406 sits

All 21 1-beds →

406 last sold in April 2014 at AED 772 per sqft, 19% above what one-beds in Emirates Cluster 04 were fetching at the time (AED 649). Over the last 12 months one-beds sold for AED 450,000, around AED 649 per sqft, and rent for AED 31,500 to 46,000 a year. 406's AED 29,900 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Feb 2026450,000
1 Sep 2023345,000
13 Jan 2023300,000
13 Jan 2023300,000
1 1-bed sale in the last 12 months

Emirates Cluster 04

Building

58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 3 sold in the last 12 months.

Typical price per sqft
AED 776
Typical sale
AED 355K
Typical rent
AED 32K /yr
Typical yield
7.8%
Emirates Cluster 04, International City: prices, sales and rents →

Other units on the 4th floor

All 58 units in Emirates Cluster 04
Value
4011-bedAED 637K · May 2013
402StudioAED 201K · Oct 2012
403StudioAED 393K · Apr 2016
404StudioAED 200K · Feb 2020
4051-bedAED 490K · Sep 2016
407StudioAED 410K · Nov 2014
408StudioAED 300K · Dec 2016
1–7 of 12

406, Emirates Cluster 04 in numbers

  • Sold 3 times: first on 3 March 2010 for AED 602,400, last on 10 April 2014 for AED 535,000 (AED 772 per sqft).
  • Rented since August 2014 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 25,000 in 2020 and recovered to AED 29,900 by January 2023.
  • At AED 29,900 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 7,100 a year (AED 10.28 per sqft).
  • One-beds in Emirates Cluster 04 sold for AED 450,000–450,000 in the 12 months to November 2026; the building's median across all types is AED 776 per sqft.

Source: Dubai Land Department. Updated 1 January 2023.

Questions about 406, Emirates Cluster 04

What did unit 406 last sell for?

AED 535,000 on 10 April 2014: AED 772 per sqft for 692 sqft. The unit has 3 registered sales; the first was AED 602,400 in March 2010.

What is the rent for unit 406?

AED 29,900 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 26,000; the unit has been rented since August 2014.

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. One-beds in Emirates Cluster 04 sold for AED 450,000 to 450,000 in the last 12 months, around AED 649 per sqft.

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Mortgage on 406, Emirates Cluster 04

Starts from the last sale price (AED 535K, 10 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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