1-bed · 692 sqftEmirates Cluster 17, International City · 4th floor · completed 2011

406, Emirates Cluster 17

Sold prices and rental history: sold 4 times, last in December 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 26 December 2016
Last soldAED 495K26 December 2016
Current rentAED 54K /yr8 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Emirates Cluster 17

What is 406 worth today?

Last sold for AED 495,000 in 2016

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26 Dec 2016SoldReady
AED 495,000AED 715 per sqft
8 Jun 2016RentedNew contract
AED 54,000/yr12 months · AED 78 per sqft
21 May 2015RentedNew contract
AED 53,000/yr12 months · AED 77 per sqft
30 Apr 2015SoldReady
AED 525,000AED 758 per sqft
26 Feb 2015RentedNew contract
AED 48,000/yr12 months · AED 70 per sqft
15 Dec 2014SoldReady
AED 534,800AED 772 per sqft
7 Mar 2010Sold by developerOff-plan
AED 534,800AED 772 per sqft

Source: Dubai Land Department. Updated 26 December 2016.

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 495K · December 2016

About 406, Emirates Cluster 17

406 is a one-bedroom apartment of 692 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 26 December 2016 for AED 495,000, or AED 715 per sqft, 6% above the AED 674 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 8 June 2016, is AED 54,000 a year: a gross yield of 10.9% on the 2016 price, before the service charge of about AED 7,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Emirates Cluster 17
450K500K550K20102012201420162018Typical sale price by year: 2010 AED 540,700; 2013 AED 529,250; 2014 AED 515,000; 2015 AED 475,000; 2016 AED 497,500; 2017 AED 445,000Sold by developer, March 2010: AED 534,800 (AED 772 per sqft)Sold, December 2014: AED 534,800 (AED 772 per sqft)Sold, April 2015: AED 525,000 (AED 758 per sqft)Sold, December 2016: AED 495,000 (AED 715 per sqft)

406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Emirates Cluster 17
20K40K2013201720212025Typical rent by year: 2013 AED 38,000; 2014 AED 41,000; 2015 AED 50,000; 2016 AED 48,500; 2017 AED 42,000; 2018 AED 37,500; 2019 AED 32,434; 2020 AED 26,000; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 31,000; 2024 AED 36,800; 2025 AED 40,000; 2026 AED 41,000New contract, February 2015: AED 48,000 a yearNew contract, May 2015: AED 53,000 a yearNew contract, June 2016: AED 54,000 a year

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 17, and where 406 sits

All 21 1-beds →

406 last sold in December 2016 at AED 715 per sqft, 6% above what one-beds in Emirates Cluster 17 were fetching at the time (AED 674). Over the last 12 months one-beds sold for AED 450,000, around AED 649 per sqft, and rent for AED 36,015 to 50,000 a year. 406's AED 54,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Sep 2026450,000
30 Jan 2024350,000
25 Apr 2023295,000
27 Sep 2022318,000
1 1-bed sale 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
402StudioAED 330K · Sep 2017
403StudioAED 330K · Sep 2017
404StudioAED 395K · Apr 2015
4051-bedAED 500K · Dec 2014
407StudioAED 250K · Oct 2023
408StudioAED 225K · Sep 2019
1–7 of 12

406, Emirates Cluster 17 in numbers

  • Sold 4 times: first on 7 March 2010 for AED 534,800, last on 26 December 2016 for AED 495,000 (AED 715 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 48,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2016 price is 10.9%, before a service charge of about AED 7,100 a year (AED 10.28 per sqft).
  • One-beds in Emirates Cluster 17 sold for AED 450,000–450,000 in the 12 months to November 2026; the building's median across all types is AED 671 per sqft.

Source: Dubai Land Department. Updated 26 December 2016.

Questions about 406, Emirates Cluster 17

What did unit 406 last sell for?

AED 495,000 on 26 December 2016: AED 715 per sqft for 692 sqft. The unit has 4 registered sales; the first was AED 534,800 in March 2010.

What is the rent for unit 406?

AED 54,000 a year on the contract signed on 8 June 2016. The previous contract, from May 2015, was AED 53,000; the unit has been rented since February 2015.

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. One-beds in Emirates Cluster 17 sold for AED 450,000 to 450,000 in the last 12 months, around AED 649 per sqft.

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Mortgage on 406, Emirates Cluster 17

Starts from the last sale price (AED 495K, 26 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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