Studio · 468 sqftEmirates Cluster 05, International City · 4th floor · completed 2011

408, Emirates Cluster 05

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 26 October 2025
Last soldAED 369K15 October 2024
Current rentAED 29K /yr26 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Emirates Cluster 05

What is 408 worth today?

Last sold for AED 369,000 in 2024

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26 Oct 2025RentedNew contract
AED 29,000/yr12 months · AED 63 per sqft
15 Oct 2024SoldReady
AED 369,000AED 788 per sqft
19 Oct 2017RentedNew contract
AED 33,000/yr12 months · AED 71 per sqft
29 Aug 2017SoldReady
AED 350,000AED 747 per sqft
1 Aug 2017RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
8 May 2014Sold by developerReady
AED 313,500AED 669 per sqft
20 Mar 2014RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 26 October 2025.

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 369K · October 2024

About 408, Emirates Cluster 05

408 is a studio of 468 sqft on the 4th floor of Emirates Cluster 05, a 4-storey tower in International City completed in 2011 by International City. It last sold on 15 October 2024 for AED 369,000, or AED 788 per sqft, 11% above the AED 710 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 26 October 2025, is AED 29,000 a year: a gross yield of 7.9% on the 2024 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 05
200K300K400K2007201220172022Typical sale price by year: 2007 AED 399,600; 2010 AED 397,200; 2013 AED 358,400; 2014 AED 398,400; 2015 AED 347,500; 2017 AED 350,000; 2018 AED 280,000; 2021 AED 205,000; 2022 AED 220,000; 2023 AED 250,000; 2024 AED 369,000Sold by developer, May 2014: AED 313,500 (AED 669 per sqft)Sold, August 2017: AED 350,000 (AED 747 per sqft)Sold, October 2024: AED 369,000 (AED 788 per sqft)

408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 408, each contractTypical studio in Emirates Cluster 05
20K40K2012201620202024Typical rent by year: 2012 AED 22,000; 2013 AED 27,000; 2014 AED 36,000; 2015 AED 39,500; 2016 AED 36,000; 2017 AED 33,000; 2018 AED 29,500; 2019 AED 23,500; 2020 AED 18,750; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 23,000; 2024 AED 26,125; 2025 AED 29,000; 2026 AED 30,000New contract, March 2014: AED 42,000 a yearNew contract, August 2017: AED 30,000 a yearNew contract, October 2017: AED 33,000 a yearNew contract, October 2025: AED 29,000 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 05, and where 408 sits

All 37 studios →

408 last sold in October 2024 at AED 788 per sqft, 11% above what studios in Emirates Cluster 05 were fetching at the time (AED 710). 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. 408's AED 29,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Dec 2025300,000
27 Jan 2025265,000
15 Oct 2024369,000
15 Feb 2024270,000
1 studio sale 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 4th floor

All 58 units in Emirates Cluster 05
Value
4011-bedAED 637K · Jan 2013
402StudioAED 410K · Jan 2015
403StudioAED 295K · Aug 2018
404StudioAED 220K · Mar 2019
4051-bedAED 411K · Dec 2014
4061-bedAED 300K · Jan 2023
407StudioAED 358K · May 2013
1–7 of 12

408, Emirates Cluster 05 in numbers

  • Sold 3 times: first on 8 May 2014 for AED 313,500, last on 15 October 2024 for AED 369,000 (AED 788 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, from AED 42,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2024 price is 7.9%, 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 26 October 2025.

Questions about 408, Emirates Cluster 05

What did unit 408 last sell for?

AED 369,000 on 15 October 2024: AED 788 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 313,500 in May 2014.

What is the rent for unit 408?

AED 29,000 a year on the contract signed on 26 October 2025. The previous contract, from October 2017, was AED 33,000; the unit has been rented since March 2014.

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 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 408, Emirates Cluster 05

Starts from the last sale price (AED 369K, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 369,000
Deposit, UAE resident (20%)
AED 73,800
Deposit, non-resident (40%)
AED 147,600
Monthly over 25 years at 3.7%
AED 1,510

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