Studio · 469 sqftEmirates Cluster 17, International City · 4th floor · completed 2011

402, Emirates Cluster 17

Sold prices and rental history: sold 4 times, last in September 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 330K25 September 2017
Current rentAED 24K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Emirates Cluster 17

What is 402 worth today?

Last sold for AED 330,000 in 2017

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1 Jun 2024RentedRenewal
AED 24,000/yr12 months · AED 51 per sqft
1 Jun 2023RentedRenewal
AED 21,000/yr12 months · AED 45 per sqft
1 Jun 2022RentedRenewal
AED 19,000/yr12 months · AED 41 per sqft
1 Jun 2021RentedNew contract
AED 17,000/yr12 months · AED 36 per sqft
1 Jun 2020RentedNew contract
AED 18,500/yr12 months · AED 39 per sqft
25 Sep 2017SoldReady
AED 330,000AED 704 per sqft
26 Jul 2016RentedNew contract
AED 39,000/yr12 months · AED 82 per sqft
17 May 2016SoldReady
AED 385,000AED 821 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
4th of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 330K · September 2017

About 402, Emirates Cluster 17

402 is a studio of 469 sqft on the 4th floor of Emirates Cluster 17, a 4-storey tower in International City completed in 2011 by International City. It last sold on 25 September 2017 for AED 330,000, or AED 704 per sqft, in line with the AED 704 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 24,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 4,800 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Emirates Cluster 17
200K300K400K2010201520202025Typical sale price by year: 2010 AED 349,600; 2012 AED 187,950; 2013 AED 329,100; 2014 AED 395,000; 2015 AED 376,750; 2016 AED 385,000; 2017 AED 340,000; 2021 AED 225,000; 2022 AED 220,000; 2023 AED 245,000; 2024 AED 300,000; 2025 AED 315,000; 2026 AED 325,000Sold by developer, March 2010: AED 375,400 (AED 801 per sqft)Sold, January 2013: AED 375,400 (AED 801 per sqft)Sold, May 2016: AED 385,000 (AED 821 per sqft)Sold, September 2017: AED 330,000 (AED 704 per sqft)

402 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 402, each contractTypical studio in Emirates Cluster 17
20K30K40K2012201620202024Typical rent by year: 2012 AED 17,500; 2013 AED 25,500; 2014 AED 29,446; 2015 AED 36,000; 2016 AED 36,000; 2017 AED 31,000; 2018 AED 28,000; 2019 AED 23,500; 2020 AED 18,750; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 23,000; 2024 AED 25,455; 2025 AED 28,000; 2026 AED 30,000New contract, May 2013: AED 27,000 a yearRenewal, May 2014: AED 28,350 a yearRenewal, May 2015: AED 30,185 a yearNew contract, July 2016: AED 39,000 a yearNew contract, June 2020: AED 18,500 a yearNew contract, June 2021: AED 17,000 a yearRenewal, June 2022: AED 19,000 a yearRenewal, June 2023: AED 21,000 a yearRenewal, June 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 17, and where 402 sits

All 37 studios →

402 last sold in September 2017 at AED 704 per sqft, in line with what studios in Emirates Cluster 17 were fetching at the time (AED 704). Over the last 12 months studios sold for AED 250,000 to 350,000, around AED 693 per sqft, and rent for AED 20,000 to 36,000 a year. 402's AED 24,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Sep 2026350,000
24 Aug 2026250,000
22 May 2026325,000
4 Oct 2025300,000
3 studio sales in the last 12 months

Emirates Cluster 17

Building

58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 4 sold in the last 12 months.

Typical price per sqft
AED 671
Typical sale
AED 338K
Typical rent
AED 32K /yr
Typical yield
9.3%
Emirates Cluster 17, International City: prices, sales and rents →

Other units on the 4th floor

All 58 units in Emirates Cluster 17
Value
4011-bedAED 566K · Apr 2014
403StudioAED 330K · Sep 2017
404StudioAED 395K · Apr 2015
4051-bedAED 500K · Dec 2014
4061-bedAED 495K · Dec 2016
407StudioAED 250K · Oct 2023
408StudioAED 225K · Sep 2019
1–7 of 12

402, Emirates Cluster 17 in numbers

  • Sold 4 times: first on 7 March 2010 for AED 375,400, last on 25 September 2017 for AED 330,000 (AED 704 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 27,000 to AED 17,000 in 2021 and recovered to AED 24,000 by June 2024.
  • At AED 24,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 4,800 a year (AED 10.28 per sqft).
  • Studios in Emirates Cluster 17 sold for AED 250,000–350,000 in the 12 months to November 2026; the building's median across all types is AED 671 per sqft.

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 402, Emirates Cluster 17

What did unit 402 last sell for?

AED 330,000 on 25 September 2017: AED 704 per sqft for 469 sqft. The unit has 4 registered sales; the first was AED 375,400 in March 2010.

What is the rent for unit 402?

AED 24,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 21,000; the unit has been rented since May 2013.

How big is unit 402?

469 sqft (43.6 sqm): a studio on the 4th floor of a 4-storey tower completed in 2011.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Emirates Cluster 17 sold for AED 250,000 to 350,000 in the last 12 months, around AED 693 per sqft.

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Mortgage on 402, Emirates Cluster 17

Starts from the last sale price (AED 330K, 25 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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