Studio · 460 sqftEmirates Cluster 16, International City · 4th floor · completed 2011

412, Emirates Cluster 16

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 250K2 November 2023
Current rentAED 24K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Emirates Cluster 16

What is 412 worth today?

Last sold for AED 250,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Aug 2024RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft
2 Nov 2023SoldReady
AED 250,000AED 543 per sqft
15 Aug 2023RentedNew contract
AED 20,000/yr12 months · AED 43 per sqft
1 Jul 2019RentedNew contract
AED 25,000/yr12 months · AED 54 per sqft
1 Aug 2017RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
16 Dec 2014SoldReady
AED 393,200AED 854 per sqft
7 Mar 2010Sold by developerOff-plan
AED 393,200AED 854 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
4th of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,700 /yr
Last sold
AED 250K · November 2023

About 412, Emirates Cluster 16

412 is a studio of 460 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 2 November 2023 for AED 250,000, or AED 543 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 August 2024, is AED 24,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 4,700 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical studio in Emirates Cluster 16
200K300K400K2010201420182022Typical sale price by year: 2010 AED 390,700; 2012 AED 388,200; 2013 AED 385,800; 2014 AED 362,900; 2015 AED 375,000; 2016 AED 365,500; 2018 AED 300,000; 2022 AED 222,500Sold by developer, March 2010: AED 393,200 (AED 854 per sqft)Sold, December 2014: AED 393,200 (AED 854 per sqft)Sold, November 2023: AED 250,000 (AED 543 per sqft)

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

Rents
Unit 412, each contractTypical studio in Emirates Cluster 16
20K30K40K2013201720212025Typical rent by year: 2013 AED 25,000; 2014 AED 34,000; 2015 AED 39,000; 2016 AED 38,000; 2017 AED 34,000; 2018 AED 28,000; 2019 AED 24,000; 2020 AED 19,000; 2021 AED 17,500; 2022 AED 20,000; 2023 AED 22,000; 2024 AED 25,228; 2025 AED 26,750; 2026 AED 31,000New contract, August 2017: AED 35,000 a yearNew contract, July 2019: AED 25,000 a yearNew contract, August 2023: AED 20,000 a yearNew contract, August 2024: AED 24,000 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 16, and where 412 sits

All 24 studios →

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. 412's AED 24,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Aug 2026250,000
6 Apr 2024295,000
2 Nov 2023250,000
1 Nov 2022230,000
1 studio sale in the last 12 months

Emirates Cluster 16

Building

57 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%
Emirates Cluster 16, International City: prices, sales and rents →

Other units on the 4th floor

All 57 units in Emirates Cluster 16
Value
4011-bedAED 310K · Dec 2012
402StudioAED 295K · Apr 2024
403StudioAED 300K · May 2018
4041-bedAED 612K · Mar 2010
4051-bedAED 612K · Mar 2010
4061-bedAED 689K · Mar 2010
4071-bedAED 689K · Mar 2010
1–7 of 14

412, Emirates Cluster 16 in numbers

  • Sold 3 times: first on 7 March 2010 for AED 393,200, last on 2 November 2023 for AED 250,000 (AED 543 per sqft).
  • Rented since August 2017 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 20,000 in 2023 and recovered to AED 24,000 by August 2024.
  • At AED 24,000 a year the gross yield on the 2023 price is 9.6%, 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 15 August 2024.

Questions about 412, Emirates Cluster 16

What did unit 412 last sell for?

AED 250,000 on 2 November 2023: AED 543 per sqft for 460 sqft. The unit has 3 registered sales; the first was AED 393,200 in March 2010.

What is the rent for unit 412?

AED 24,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 20,000; the unit has been rented since August 2017.

How big is unit 412?

460 sqft (42.7 sqm): a studio on the 4th floor of a 4-storey tower completed in 2011.

What is unit 412 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.

Selling 412? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 412, Emirates Cluster 16

Starts from the last sale price (AED 250K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →