
407, Emirates Cluster 08
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Emirates Cluster 08
What is 407 worth today?
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Source: Dubai Land Department. Updated 10 September 2023.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 4th of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,400 /yr
- Last sold
- AED 345K · April 2016
- Building
- Emirates Cluster 08
About 407, Emirates Cluster 08
407 is a studio of 433 sqft on the 4th floor of Emirates Cluster 08, a 4-storey tower in International City completed in 2011 by International City. The developer sold it on 14 April 2016 for AED 344,900, or AED 797 per sqft, in line with the AED 797 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 10 September 2023, is AED 21,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 4,400 a year.
Sales and rents for 407 over time
407 has sold once; 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 08, and where 407 sits
All 37 studios →407 last sold in April 2016 at AED 797 per sqft, in line with what studios in Emirates Cluster 08 were fetching at the time (AED 797). Over the last 12 months studios sold for AED 370,000, around AED 865 per sqft, and rent for AED 25,000 to 37,000 a year. 407's AED 21,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Mar 202614 March 2026 | 427 sqft | 370,000 | 865 | ||
| 31 Jan 202531 January 2025 | 469 sqft | 290,000 | 618 | ||
| 11 Mar 202411 March 2024 | 437 sqft | 250,000 | 572 | ||
| 12 Feb 202412 February 2024 | 514 sqft | 303,000 | 590 |
Emirates Cluster 08
Building58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 4 sold in the last 12 months.
- Typical price per sqft
- AED 647
- Typical sale
- AED 398K
- Typical rent
- AED 35K /yr
- Typical yield
- 9.2%
Other units on the 4th floor
All 58 units in Emirates Cluster 08| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 741 sqft | AED 687KAED 686,800 · Mar 2010March 2010 | 39,000 /yr | |
| 402 | Studio | 469 sqft | AED 238KAED 238,000 · Jan 2023January 2023 | 28,000 /yr | |
| 403 | Studio | 469 sqft | AED 260KAED 260,000 · Dec 2018December 2018 | 30,000 /yr | |
| 404 | Studio | 427 sqft | AED 290KAED 290,000 · May 2018May 2018 | 30,000 /yr | |
| 405 | 1-bed | 693 sqft | AED 355KAED 355,000 · Feb 2024February 2024 | 37,000 /yr | |
| 406 | 1-bed | 692 sqft | AED 440KAED 440,000 · May 2025May 2025 | 45,000 /yr | |
| 408 | Studio | 468 sqft | AED 330KAED 330,000 · Nov 2013November 2013 | 34,000 /yr | |
| 409 | Studio | 457 sqft | AED 415KAED 415,000 · Jun 2014June 2014 | 26,220 /yr | |
| 410 | Studio | 460 sqft | AED 295KAED 295,000 · Jul 2018July 2018 | 30,000 /yr | |
| 411 | Studio | 459 sqft | AED 220KAED 220,000 · Jan 2024January 2024 | 35,000 /yr | |
| 412 | 1-bed | 728 sqft | AED 350KAED 350,000 · Apr 2019April 2019 | 40,000 /yr | |
| 409A | 1-bed | 794 sqft | AED 585KAED 585,000 · Nov 2016November 2016 | 39,000 /yr |
407, Emirates Cluster 08 in numbers
- Sold once: by International City on 14 April 2016 for AED 344,900, or AED 797 per sqft.
- Rented since September 2016 on 4 Ejari contracts, from AED 39,500 to AED 21,000 a year.
- At AED 21,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 4,400 a year (AED 10.28 per sqft).
- Studios in Emirates Cluster 08 sold for AED 370,000–370,000 in the 12 months to November 2026; the building's median across all types is AED 647 per sqft.
Source: Dubai Land Department. Updated 10 September 2023.
Questions about 407, Emirates Cluster 08
What did unit 407 last sell for?
AED 344,900 on 14 April 2016, sold by the developer: AED 797 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 21,000 a year on the contract signed on 10 September 2023. The previous contract, from September 2018, was AED 30,000; the unit has been rented since September 2016.
How big is unit 407?
433 sqft (40.2 sqm): a studio on the 4th floor of a 4-storey tower completed in 2011.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Emirates Cluster 08 sold for AED 370,000 to 370,000 in the last 12 months, around AED 865 per sqft.
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Mortgage on 407, Emirates Cluster 08
Starts from the last sale price (AED 345K, 14 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 344,900
- Deposit, UAE resident (20%)
- AED 68,980
- Deposit, non-resident (40%)
- AED 137,960
- Monthly over 25 years at 3.7%
- AED 1,411
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →