308, Emirates Cluster 05
Sold prices and rental history: sold 3 times, last in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Emirates Cluster 05
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 September 2021.
Key facts
- Type
- Studio apartment
- Size
- 468 sqft
- Floor
- 3rd of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,800 /yr
- Last sold
- AED 310K · July 2013
- Building
- Emirates Cluster 05
About 308, Emirates Cluster 05
308 is a studio of 468 sqft on the 3rd floor of Emirates Cluster 05, a 4-storey tower in International City completed in 2011 by International City. It last sold on 31 July 2013 for AED 310,000, or AED 662 per sqft, 20% below the AED 828 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 September 2021, is AED 16,500 a year: a gross yield of 5.3% on the 2013 price, before the service charge of about AED 4,800 a year.
Sales and rents for 308 over time
308 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Emirates Cluster 05, and where 308 sits
All 37 studios →308 last sold in July 2013 at AED 662 per sqft, 20% below what studios in Emirates Cluster 05 were fetching at the time (AED 828). Over the last 12 months studios sold for AED 300,000, around AED 583 per sqft, and rent for AED 21,750 to 48,720 a year. 308's AED 16,500 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Dec 20255 December 2025 | 515 sqft | 300,000 | 583 | ||
| 27 Jan 202527 January 2025 | 427 sqft | 265,000 | 620 | ||
| 15 Oct 202415 October 2024 | 447 sqft | 369,000 | 825 | ||
| 15 Oct 202415 October 2024 | 468 sqft | 369,000 | 788 |
Emirates Cluster 05
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 583
- Typical sale
- AED 300K
- Typical rent
- AED 32K /yr
- Typical yield
- 10.4%
Other units on the 3rd floor
All 58 units in Emirates Cluster 05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 742 sqft | AED 550KAED 550,000 · Sep 2014September 2014 | 42,000 /yr | |
| 302 | Studio | 469 sqft | AED 400KAED 399,600 · Jul 2013July 2013 | 21,750 /yr | |
| 303 | Studio | 469 sqft | AED 225KAED 225,000 · Jun 2022June 2022 | 32,000 /yr | |
| 304 | Studio | 427 sqft | AED 270KAED 270,000 · Feb 2024February 2024 | 28,000 /yr | |
| 305 | 1-bed | 694 sqft | AED 320KAED 320,000 · Apr 2019April 2019 | 31,200 /yr | |
| 306 | 1-bed | 692 sqft | AED 599KAED 598,700 · Mar 2010March 2010 | ||
| 307 | Studio | 433 sqft | AED 240KAED 240,000 · Sep 2023September 2023 | 31,000 /yr | |
| 309 | Studio | 514 sqft | AED 220KAED 220,000 · Mar 2022March 2022 | 31,000 /yr | |
| 310 | Studio | 515 sqft | AED 205KAED 205,000 · Oct 2020October 2020 | 27,500 /yr | |
| 311 | Studio | 463 sqft | AED 250KAED 250,000 · Mar 2023March 2023 | 16,800 /yr | |
| 312 | 1-bed | 727 sqft | AED 515KAED 515,000 · Apr 2016April 2016 | 69,016 /yr |
308, Emirates Cluster 05 in numbers
- Sold 3 times: first on 7 March 2010 for AED 408,300, last on 31 July 2013 for AED 310,000 (AED 662 per sqft).
- Rented since August 2013 on 7 Ejari contracts, from AED 28,000 to AED 16,500 a year.
- At AED 16,500 a year the gross yield on the 2013 price is 5.3%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).
- Studios in Emirates Cluster 05 sold for AED 300,000–300,000 in the 12 months to November 2026; the building's median across all types is AED 583 per sqft.
Source: Dubai Land Department. Updated 1 September 2021.
Questions about 308, Emirates Cluster 05
What did unit 308 last sell for?
AED 310,000 on 31 July 2013: AED 662 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 408,300 in March 2010.
What is the rent for unit 308?
AED 16,500 a year on the contract signed on 1 September 2021. The previous contract, from December 2020, was AED 18,000; the unit has been rented since August 2013.
How big is unit 308?
468 sqft (43.5 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Emirates Cluster 05 sold for AED 300,000 to 300,000 in the last 12 months, around AED 583 per sqft.
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Mortgage on 308, Emirates Cluster 05
Starts from the last sale price (AED 310K, 31 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 310,000
- Deposit, UAE resident (20%)
- AED 62,000
- Deposit, non-resident (40%)
- AED 124,000
- Monthly over 25 years at 3.7%
- AED 1,268
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →