Studio · 468 sqftEmirates Cluster 04, International City · 4th floor · completed 2011

408, Emirates Cluster 04

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 300K21 December 2016
Current rentAED 32K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Emirates Cluster 04

What is 408 worth today?

Last sold for AED 300,000 in 2016

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1 Oct 2026RentedNew contract
AED 32,000/yr12 months · AED 68 per sqft
1 Oct 2025RentedNew contract
AED 32,000/yr12 months · AED 69 per sqft
20 Sep 2021RentedNew contract
AED 17,000/yr12 months · AED 37 per sqft
1 Aug 2020RentedNew contract
AED 19,000/yr12 months · AED 41 per sqft
12 Sep 2019RentedNew contract
AED 25,000/yr12 months · AED 54 per sqft
1 Sep 2018RentedRenewal
AED 30,500/yr12 months · AED 66 per sqft
1 Sep 2017RentedRenewal
AED 35,000/yr12 months · AED 76 per sqft
21 Dec 2016SoldReady
AED 300,000AED 641 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

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 300K · December 2016

About 408, Emirates Cluster 04

408 is a studio of 468 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 21 December 2016 for AED 300,000, or AED 641 per sqft, 24% below the AED 838 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 October 2026, is AED 32,000 a year: a gross yield of 10.7% on the 2016 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 04
200K300K400K2010201420182022Typical sale price by year: 2010 AED 394,700; 2012 AED 352,900; 2013 AED 349,000; 2014 AED 364,350; 2015 AED 365,000; 2016 AED 390,000; 2017 AED 367,500; 2022 AED 220,000; 2023 AED 235,000; 2024 AED 270,000Sold by developer, February 2014: AED 313,500 (AED 669 per sqft)Sold, December 2016: AED 300,000 (AED 641 per sqft)

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

Rents
Unit 408, each contractTypical studio in Emirates Cluster 04
20K40K2013201720212025Typical rent by year: 2013 AED 27,000; 2014 AED 36,000; 2015 AED 40,000; 2016 AED 38,000; 2017 AED 33,000; 2018 AED 28,920; 2019 AED 24,500; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,125; 2023 AED 22,000; 2024 AED 25,410; 2025 AED 28,000; 2026 AED 30,000New contract, September 2013: AED 31,000 a yearNew contract, September 2014: AED 36,000 a yearNew contract, August 2015: AED 40,000 a yearNew contract, September 2016: AED 37,000 a yearNew contract, December 2016: AED 37,008 a yearRenewal, September 2017: AED 35,000 a yearRenewal, September 2018: AED 30,500 a yearNew contract, September 2019: AED 25,000 a yearNew contract, August 2020: AED 19,000 a yearNew contract, September 2021: AED 17,000 a yearNew contract, October 2025: AED 32,000 a yearNew contract, October 2026: 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 04, and where 408 sits

All 37 studios →

408 last sold in December 2016 at AED 641 per sqft, 24% below what studios in Emirates Cluster 04 were fetching at the time (AED 838). Over the last 12 months studios sold for AED 350,000 to 355,000, around AED 783 per sqft, and rent for AED 12,500 to 45,600 a year. 408's AED 32,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Mar 2026350,000
7 Jan 2026355,000
10 Oct 2025320,000
22 Jul 2025350,000
2 studio sales 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
4061-bedAED 535K · Apr 2014
407StudioAED 410K · Nov 2014
1–7 of 12

408, Emirates Cluster 04 in numbers

  • Sold twice: first on 23 February 2014 for AED 313,500, last on 21 December 2016 for AED 300,000 (AED 641 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 31,000 to AED 17,000 in 2021 and recovered to AED 32,000 by October 2026.
  • At AED 32,000 a year the gross yield on the 2016 price is 10.7%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).
  • Studios in Emirates Cluster 04 sold for AED 350,000–355,000 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 October 2026.

Questions about 408, Emirates Cluster 04

What did unit 408 last sell for?

AED 300,000 on 21 December 2016: AED 641 per sqft for 468 sqft. The unit has 2 registered sales; the first was AED 313,500 in February 2014.

What is the rent for unit 408?

AED 32,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2025, was AED 32,000; the unit has been rented since September 2013.

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 04 sold for AED 350,000 to 355,000 in the last 12 months, around AED 783 per sqft.

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Mortgage on 408, Emirates Cluster 04

Starts from the last sale price (AED 300K, 21 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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