409, Emirates Cluster 16
Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Emirates Cluster 16
What is 409 worth today?
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Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 456 sqft
- Floor
- 4th of 4
- Parking
- nan
- Developer
- International City
- Completed
- 2011
- Service charge
- AED 4,700 /yr
- Last sold
- AED 230K · November 2022
- Building
- Emirates Cluster 16
About 409, Emirates Cluster 16
409 is a studio of 456 sqft on the 4th floor of Emirates Cluster 16, a 4-storey tower in International City completed in 2011 by International City. It last sold on 1 November 2022 for AED 230,000, or AED 504 per sqft, 8% above the AED 468 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 5 August 2024, is AED 29,000 a year: a gross yield of 12.6% on the 2022 price, before the service charge of about AED 4,700 a year.
Sales and rents for 409 over time
409 has sold 4 times; 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 16, and where 409 sits
All 24 studios →409 last sold in November 2022 at AED 504 per sqft, 8% above what studios in Emirates Cluster 16 were fetching at the time (AED 468). Over the last 12 months studios sold for AED 250,000, around AED 571 per sqft, and rent for AED 23,500 to 39,000 a year. 409's AED 29,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Aug 20266 August 2026 | 437 sqft | 250,000 | 571 | ||
| 6 Apr 20246 April 2024 | 471 sqft | 295,000 | 626 | ||
| 2 Nov 20232 November 2023 | 471 sqft | 250,000 | 530 | ||
| 2 Nov 20232 November 2023 | 460 sqft | 250,000 | 543 |
Emirates Cluster 16
Building57 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 3 sold in the last 12 months.
- Typical price per sqft
- AED 571
- Typical sale
- AED 383K
- Typical rent
- AED 36K /yr
- Typical yield
- 10.2%
Other units on the 4th floor
All 57 units in Emirates Cluster 16| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 745 sqft | AED 310KAED 310,400 · Dec 2012December 2012 | 28,000 /yr | |
| 402 | Studio | 471 sqft | AED 295KAED 295,000 · Apr 2024April 2024 | 32,000 /yr | |
| 403 | Studio | 471 sqft | AED 300KAED 300,000 · May 2018May 2018 | 32,000 /yr | |
| 404 | 1-bed | 747 sqft | AED 612KAED 612,300 · Mar 2010March 2010 | 48,000 /yr | |
| 405 | 1-bed | 744 sqft | AED 612KAED 612,300 · Mar 2010March 2010 | 37,000 /yr | |
| 406 | 1-bed | 853 sqft | AED 689KAED 688,800 · Mar 2010March 2010 | 34,650 /yr | |
| 407 | 1-bed | 834 sqft | AED 689KAED 688,800 · Mar 2010March 2010 | 35,000 /yr | |
| 408 | 1-bed | 741 sqft | AED 621KAED 620,800 · Mar 2014March 2014 | 21,000 /yr | |
| 410 | Studio | 437 sqft | AED 250KAED 250,000 · Aug 2026August 2026 | 36,000 /yr | |
| 411 | 1-bed | 730 sqft | AED 440KAED 440,000 · Oct 2025October 2025 | 42,000 /yr | |
| 412 | Studio | 460 sqft | AED 250KAED 250,000 · Nov 2023November 2023 | 24,000 /yr | |
| 413 | Studio | 460 sqft | AED 393KAED 393,200 · Dec 2014December 2014 | 31,000 /yr | |
| 414 | 1-bed | 729 sqft | AED 612KAED 612,300 · Jan 2013January 2013 | 42,000 /yr | |
| 409A | 1-bed | 786 sqft | AED 387KAED 386,700 · Jan 2013January 2013 |
409, Emirates Cluster 16 in numbers
- Sold 4 times: first on 3 March 2010 for AED 393,200, last on 1 November 2022 for AED 230,000 (AED 504 per sqft).
- Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 38,000 to AED 18,000 in 2020 and recovered to AED 29,000 by August 2024.
- At AED 29,000 a year the gross yield on the 2022 price is 12.6%, before a service charge of about AED 4,700 a year (AED 10.28 per sqft).
- Studios in Emirates Cluster 16 sold for AED 250,000–250,000 in the 12 months to November 2026; the building's median across all types is AED 571 per sqft.
Source: Dubai Land Department. Updated 5 August 2024.
Questions about 409, Emirates Cluster 16
What did unit 409 last sell for?
AED 230,000 on 1 November 2022: AED 504 per sqft for 456 sqft. The unit has 4 registered sales; the first was AED 393,200 in March 2010.
What is the rent for unit 409?
AED 29,000 a year on the contract signed on 5 August 2024. The previous contract, from December 2023, was AED 25,000; the unit has been rented since June 2014.
How big is unit 409?
456 sqft (42.4 sqm): a studio on the 4th floor of a 4-storey tower completed in 2011.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Emirates Cluster 16 sold for AED 250,000 to 250,000 in the last 12 months, around AED 571 per sqft.
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Mortgage on 409, Emirates Cluster 16
Starts from the last sale price (AED 230K, 1 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 230,000
- Deposit, UAE resident (20%)
- AED 46,000
- Deposit, non-resident (40%)
- AED 92,000
- Monthly over 25 years at 3.7%
- AED 941
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →