1-bed · 727 sqftEmirates Cluster 05, International City · 3rd floor · completed 2011

312, Emirates Cluster 05

Sold prices and rental history: sold 3 times, last in April 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 11 April 2016
Last soldAED 515K11 April 2016
Current rentAED 69K /yr23 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Emirates Cluster 05

What is 312 worth today?

Last sold for AED 515,000 in 2016

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11 Apr 2016SoldReady
AED 515,000AED 707 per sqft
29 Apr 2015SoldReady
AED 525,000AED 721 per sqft
23 Aug 2014RentedNew contract
AED 69,016/yr7 months · AED 94 per sqft
26 Dec 2013Sold by developerReady
AED 388,400AED 533 per sqft
23 Aug 2013RentedNew contract
AED 38,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 11 April 2016.

Key facts

Type
1-bed apartment
Size
727 sqft
Floor
3rd of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 7,500 /yr
Last sold
AED 515K · April 2016

About 312, Emirates Cluster 05

312 is a one-bedroom apartment of 727 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 11 April 2016 for AED 515,000, or AED 707 per sqft, in line with the AED 698 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 23 August 2014, is AED 69,016 a year: a gross yield of 13.4% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Emirates Cluster 05
400K600K2010201420182022Typical sale price by year: 2010 AED 612,450; 2013 AED 591,300; 2014 AED 510,000; 2016 AED 513,000; 2023 AED 317,500Sold by developer, December 2013: AED 388,400 (AED 533 per sqft)Sold, April 2015: AED 525,000 (AED 721 per sqft)Sold, April 2016: AED 515,000 (AED 707 per sqft)

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

Rents
Unit 312, each contractTypical one-bed in Emirates Cluster 05
25K50K75K2013201720212025Typical rent by year: 2013 AED 33,000; 2014 AED 46,500; 2015 AED 44,625; 2016 AED 48,000; 2017 AED 43,000; 2018 AED 39,000; 2019 AED 35,000; 2020 AED 30,000; 2021 AED 24,500; 2022 AED 27,000; 2023 AED 30,800; 2024 AED 35,000; 2025 AED 35,750; 2026 AED 38,200New contract, August 2013: AED 38,000 a yearNew contract, August 2014: AED 69,016 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 05, and where 312 sits

All 21 1-beds →

312 last sold in April 2016 at AED 707 per sqft, in line with what one-beds in Emirates Cluster 05 were fetching at the time (AED 698). 312's AED 69,016 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Mar 2024378,000
7 Aug 2023335,000
27 Jan 2023374,800
13 Jan 2023300,000
0 1-bed sales in the last 12 months

Emirates Cluster 05

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 583
Typical sale
AED 300K
Typical rent
AED 32K /yr
Typical yield
10.4%
Emirates Cluster 05, International City: prices, sales and rents →

Other units on the 3rd floor

All 58 units in Emirates Cluster 05
Value
3011-bedAED 550K · Sep 2014
302StudioAED 400K · Jul 2013
303StudioAED 225K · Jun 2022
304StudioAED 270K · Feb 2024
3051-bedAED 320K · Apr 2019
3061-bedAED 599K · Mar 2010
307StudioAED 240K · Sep 2023
1–7 of 11

312, Emirates Cluster 05 in numbers

  • Sold 3 times: first on 26 December 2013 for AED 388,400, last on 11 April 2016 for AED 515,000 (AED 707 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 38,000 to AED 69,016 a year.
  • At AED 69,016 a year the gross yield on the 2016 price is 13.4%, before a service charge of about AED 7,500 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 11 April 2016.

Questions about 312, Emirates Cluster 05

What did unit 312 last sell for?

AED 515,000 on 11 April 2016: AED 707 per sqft for 727 sqft. The unit has 3 registered sales; the first was AED 388,400 in December 2013.

What is the rent for unit 312?

AED 69,016 a year on the contract signed on 23 August 2014. The previous contract, from August 2013, was AED 38,000.

How big is unit 312?

727 sqft (67.5 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2011.

What is unit 312 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 312, Emirates Cluster 05

Starts from the last sale price (AED 515K, 11 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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