406, Emirates Cluster 15
Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Emirates Cluster 15
What is 406 worth today?
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Source: Dubai Land Department. Updated 15 February 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 692 sqft
- Floor
- 4th of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 7,100 /yr
- Last sold
- AED 535K · January 2013
- Building
- Emirates Cluster 15
About 406, Emirates Cluster 15
406 is a one-bedroom apartment of 692 sqft on the 4th floor of Emirates Cluster 15, a 4-storey tower in International City completed in 2011 by International City. It last sold on 27 January 2013 for AED 534,800, or AED 772 per sqft, in line with the AED 762 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 37,025 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 7,100 a year.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the one-bed median of each year in the building.
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 15, and where 406 sits
All 21 1-beds →406 last sold in January 2013 at AED 772 per sqft, in line with what one-beds in Emirates Cluster 15 were fetching at the time (AED 762). 406's AED 37,025 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202413 August 2024 | 727 sqft | 415,000 | 570 | ||
| 16 Nov 202316 November 2023 | 728 sqft | 350,000 | 480 | ||
| 5 Sep 20235 September 2023 | 742 sqft | 360,000 | 485 | ||
| 5 Sep 20225 September 2022 | 794 sqft | 460,000 | 579 |
Emirates Cluster 15
Building58 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
Other units on the 4th floor
All 58 units in Emirates Cluster 15| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 741 sqft | AED 535KAED 535,000 · Dec 2016December 2016 | 43,000 /yr | |
| 402 | Studio | 469 sqft | AED 232KAED 232,000 · Sep 2021September 2021 | 30,500 /yr | |
| 403 | Studio | 469 sqft | AED 150KAED 150,000 · Dec 2012December 2012 | 33,600 /yr | |
| 404 | Studio | 427 sqft | AED 265KAED 265,000 · May 2013May 2013 | 26,600 /yr | |
| 405 | 1-bed | 693 sqft | AED 535KAED 534,800 · Jan 2013January 2013 | 35,000 /yr | |
| 407 | Studio | 433 sqft | AED 375KAED 375,000 · Nov 2015November 2015 | 25,000 /yr | |
| 408 | Studio | 468 sqft | AED 374KAED 374,400 · Mar 2010March 2010 | 27,000 /yr | |
| 409 | Studio | 457 sqft | AED 367KAED 366,500 · Sep 2014September 2014 | 30,250 /yr | |
| 410 | Studio | 460 sqft | AED 367KAED 366,500 · Jan 2014January 2014 | 40,000 /yr | |
| 411 | Studio | 459 sqft | AED 270KAED 270,000 · Mar 2024March 2024 | 32,000 /yr | |
| 412 | 1-bed | 728 sqft | AED 350KAED 350,000 · Nov 2023November 2023 | 42,000 /yr | |
| 409A | 1-bed | 794 sqft | AED 460KAED 460,000 · Sep 2022September 2022 | 40,000 /yr |
406, Emirates Cluster 15 in numbers
- Sold twice: first on 3 March 2010 for AED 534,800, last on 27 January 2013 for AED 534,800 (AED 772 per sqft).
- Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 28,754 to AED 24,000 in 2022 and recovered to AED 37,025 by February 2023.
- At AED 37,025 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 7,100 a year (AED 10.28 per sqft).
Source: Dubai Land Department. Updated 15 February 2023.
Questions about 406, Emirates Cluster 15
What did unit 406 last sell for?
AED 534,800 on 27 January 2013: AED 772 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 534,800 in March 2010.
What is the rent for unit 406?
AED 37,025 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 24,000; the unit has been rented since September 2013.
How big is unit 406?
692 sqft (64.3 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2011.
What is unit 406 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 406, Emirates Cluster 15
Starts from the last sale price (AED 535K, 27 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 534,800
- Deposit, UAE resident (20%)
- AED 106,960
- Deposit, non-resident (40%)
- AED 213,920
- Monthly over 25 years at 3.7%
- AED 2,188
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →