003, Emirates Cluster 12
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 003, Emirates Cluster 12
What is 003 worth today?
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Source: Dubai Land Department. Updated 18 October 2023.
Key facts
- Type
- Studio apartment
- Size
- 449 sqft
- Floor
- Ground of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,600 /yr
- Last sold
- AED 245K · October 2023
- Building
- Emirates Cluster 12
About 003, Emirates Cluster 12
003 is a studio of 449 sqft on the ground floor of Emirates Cluster 12, a 4-storey tower in International City completed in 2011 by International City. It last sold on 18 October 2023 for AED 245,000, or AED 545 per sqft, 11% above the AED 490 studios in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 20,000 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 4,600 a year.
Sales and rents for 003 over time
003 has sold twice; 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 12, and where 003 sits
All 31 studios →003 last sold in October 2023 at AED 545 per sqft, 11% above what studios in Emirates Cluster 12 were fetching at the time (AED 490). Over the last 12 months studios sold for AED 300,000 to 340,000, around AED 720 per sqft, and rent for AED 20,000 to 42,000 a year. 003's AED 20,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 471 sqft | 340,000 | 721 | ||
| 17 Jul 202617 July 2026 | 461 sqft | 300,000 | 651 | ||
| 20 May 202620 May 2026 | 459 sqft | 330,000 | 718 | ||
| 30 Apr 202630 April 2026 | 461 sqft | 340,000 | 738 |
Emirates Cluster 12
Building70 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 6 sold in the last 12 months.
- Typical price per sqft
- AED 697
- Typical sale
- AED 340K
- Typical rent
- AED 38K /yr
- Typical yield
- 8.1%
Other units on the ground floor
All 70 units in Emirates Cluster 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 001 | 1-bed | 742 sqft | AED 350KAED 350,000 · Mar 2019March 2019 | 42,000 /yr | |
| 002 | Studio | 449 sqft | AED 383KAED 383,300 · Aug 2013August 2013 | 32,000 /yr | |
| 004 | 1-bed | 745 sqft | AED 300KAED 300,000 · Nov 2022November 2022 | 36,500 /yr | |
| 005 | 1-bed | 744 sqft | AED 495KAED 495,000 · Nov 2014November 2014 | 42,000 /yr | |
| 006 | Studio | 418 sqft | AED 205KAED 205,000 · Nov 2022November 2022 | 15,000 /yr | |
| 007 | Studio | 462 sqft | AED 392KAED 391,600 · Dec 2014December 2014 | 24,000 /yr | |
| 008 | 1-bed | 741 sqft | AED 315KAED 315,000 · Dec 2018December 2018 | 35,700 /yr | |
| 009 | Studio | 435 sqft | AED 220KAED 220,000 · Sep 2023September 2023 | 42,000 /yr | |
| 010 | 1-bed | 731 sqft | AED 500KAED 500,000 · May 2015May 2015 | ||
| 011 | Studio | 438 sqft | AED 240KAED 240,000 · Oct 2023October 2023 | 27,500 /yr | |
| 012 | Studio | 440 sqft | AED 240KAED 240,000 · Oct 2023October 2023 | 30,260 /yr | |
| 013 | 1-bed | 728 sqft | AED 325KAED 325,000 · Jan 2023January 2023 | 45,000 /yr |
003, Emirates Cluster 12 in numbers
- Sold twice: first on 24 March 2010 for AED 383,300, last on 18 October 2023 for AED 245,000 (AED 545 per sqft).
- Rented since September 2012 on 7 Ejari contracts. The rent fell from AED 20,000 to AED 16,000 in 2021 and recovered to AED 20,000 by September 2022.
- At AED 20,000 a year the gross yield on the 2023 price is 8.2%, before a service charge of about AED 4,600 a year (AED 10.28 per sqft).
- Studios in Emirates Cluster 12 sold for AED 300,000–340,000 in the 12 months to November 2026; the building's median across all types is AED 697 per sqft.
Source: Dubai Land Department. Updated 18 October 2023.
Questions about 003, Emirates Cluster 12
What did unit 003 last sell for?
AED 245,000 on 18 October 2023: AED 545 per sqft for 449 sqft. The unit has 2 registered sales; the first was AED 383,300 in March 2010.
What is the rent for unit 003?
AED 20,000 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 16,000; the unit has been rented since September 2012.
How big is unit 003?
449 sqft (41.7 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.
What is unit 003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Emirates Cluster 12 sold for AED 300,000 to 340,000 in the last 12 months, around AED 720 per sqft.
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Mortgage on 003, Emirates Cluster 12
Starts from the last sale price (AED 245K, 18 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 245,000
- Deposit, UAE resident (20%)
- AED 49,000
- Deposit, non-resident (40%)
- AED 98,000
- Monthly over 25 years at 3.7%
- AED 1,002
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →