Studio · 447 sqftEmirates Cluster 15, International City · Ground floor · completed 2011

002, Emirates Cluster 15

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 002 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 369K15 October 2024
Current rentAED 20K /yr11 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 002, Emirates Cluster 15

What is 002 worth today?

Last sold for AED 369,000 in 2024

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15 Oct 2024SoldReady
AED 369,000AED 824 per sqft
11 Apr 2023RentedRenewal
AED 20,455/yr15 months · AED 46 per sqft
11 Apr 2022RentedNew contract
AED 25,000/yr12 months · AED 56 per sqft
11 Apr 2021RentedNew contract
AED 25,000/yr12 months · AED 56 per sqft
1 Feb 2020RentedNew contract
AED 20,000/yr12 months · AED 44 per sqft
5 Dec 2017RentedNew contract
AED 32,000/yr12 months · AED 71 per sqft
6 Sep 2017SoldReady
AED 350,000AED 782 per sqft
10 Oct 2016RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
Ground of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,600 /yr
Last sold
AED 369K · October 2024

About 002, Emirates Cluster 15

002 is a studio of 447 sqft on the ground floor of Emirates Cluster 15, 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 824 per sqft, 35% above the AED 612 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 11 April 2023, is AED 20,455 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 4,600 a year.

Sales and rents for 002 over time

Sales
Unit 002, each saleTypical studio in Emirates Cluster 15
300K400K2010201420182022Typical sale price by year: 2010 AED 364,000; 2012 AED 367,900; 2013 AED 334,100; 2014 AED 365,250; 2015 AED 375,000; 2017 AED 355,000; 2019 AED 230,000; 2023 AED 247,500; 2024 AED 328,000Sold by developer, May 2014: AED 284,200 (AED 635 per sqft)Sold, September 2017: AED 350,000 (AED 782 per sqft)Sold, October 2024: AED 369,000 (AED 824 per sqft)

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

Rents
Unit 002, each contractTypical studio in Emirates Cluster 15
20K40K2013201720212025Typical rent by year: 2013 AED 25,500; 2014 AED 30,000; 2015 AED 38,000; 2016 AED 38,000; 2017 AED 33,000; 2018 AED 28,250; 2019 AED 24,000; 2020 AED 20,000; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 22,500; 2024 AED 25,300; 2025 AED 27,000; 2026 AED 30,000New contract, March 2014: AED 48,000 a yearNew contract, March 2014: AED 29,000 a yearNew contract, December 2014: AED 45,000 a yearNew contract, October 2016: AED 40,000 a yearNew contract, December 2017: AED 32,000 a yearNew contract, February 2020: AED 20,000 a yearNew contract, April 2021: AED 25,000 a yearNew contract, April 2022: AED 25,000 a yearRenewal, April 2023: AED 20,455 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 15, and where 002 sits

All 37 studios →

002 last sold in October 2024 at AED 824 per sqft, 35% above what studios in Emirates Cluster 15 were fetching at the time (AED 612). 002's AED 20,455 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Apr 2025307,000
8 Oct 2024328,000
8 Mar 2024270,000
7 Dec 2023275,000
0 studio sales in the last 12 months

Emirates Cluster 15

Building

58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 35K /yr
Typical yield
Emirates Cluster 15, International City: prices, sales and rents →

Other units on the ground floor

All 58 units in Emirates Cluster 15
Value
0011-bedAED 450K · Feb 2016
003StudioAED 307K · Apr 2025
0041-bedAED 465K · Nov 2013
0051-bedAED 274K · Feb 2013
006StudioAED 290K · Jun 2015
007StudioAED 342K · Mar 2010
008StudioAED 230K · Aug 2023
1–7 of 8

002, Emirates Cluster 15 in numbers

  • Sold 3 times: first on 8 May 2014 for AED 284,200, last on 15 October 2024 for AED 369,000 (AED 824 per sqft).
  • Rented since March 2014 on 9 Ejari contracts, from AED 29,000 to AED 20,455 a year.
  • At AED 20,455 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 4,600 a year (AED 10.28 per sqft).

Source: Dubai Land Department. Updated 15 October 2024.

Questions about 002, Emirates Cluster 15

What did unit 002 last sell for?

AED 369,000 on 15 October 2024: AED 824 per sqft for 447 sqft. The unit has 3 registered sales; the first was AED 284,200 in May 2014.

What is the rent for unit 002?

AED 20,455 a year on the contract renewed on 11 April 2023. The previous contract, from April 2022, was AED 25,000; the unit has been rented since March 2014.

How big is unit 002?

447 sqft (41.5 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.

What is unit 002 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 002, Emirates Cluster 15

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 →