Studio · 443 sqftEmirates Cluster 23, International City · Ground floor · completed 2011

008, Emirates Cluster 23

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 008 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 427K17 December 2012
Current rentAED 22K /yr2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 008, Emirates Cluster 23

What is 008 worth today?

Last sold for AED 426,800 in 2012

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2 Nov 2023RentedRenewal
AED 22,000/yr12 months · AED 50 per sqft
2 Nov 2022RentedRenewal
AED 20,000/yr12 months · AED 45 per sqft
2 Nov 2021RentedRenewal
AED 20,000/yr12 months · AED 45 per sqft
2 Nov 2020RentedNew contract
AED 15,000/yr12 months · AED 34 per sqft
7 Oct 2018RentedNew contract
AED 23,000/yr12 months · AED 52 per sqft
17 Dec 2012SoldReady
AED 426,800AED 964 per sqft
24 Mar 2010Sold by developerOff-plan
AED 426,800AED 964 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
Ground of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,500 /yr
Last sold
AED 427K · December 2012

About 008, Emirates Cluster 23

008 is a studio of 443 sqft on the ground floor of Emirates Cluster 23, a 4-storey tower in International City completed in 2011 by International City. It last sold on 17 December 2012 for AED 426,800, or AED 964 per sqft, in line with the AED 976 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 2 November 2023, is AED 22,000 a year: a gross yield of 5.1% on the 2012 price, before the service charge of about AED 4,500 a year.

Sales and rents for 008 over time

Sales
Unit 008, each saleTypical studio in Emirates Cluster 23
200K400K2010201520202025Typical sale price by year: 2010 AED 461,500; 2012 AED 426,800; 2013 AED 412,500; 2014 AED 357,500; 2015 AED 385,000; 2016 AED 382,000; 2017 AED 382,000; 2022 AED 200,000; 2024 AED 270,000; 2025 AED 320,000; 2026 AED 347,500Sold by developer, March 2010: AED 426,800 (AED 964 per sqft)Sold, December 2012: AED 426,800 (AED 964 per sqft)

008 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 008, each contractTypical studio in Emirates Cluster 23
20K40K2013201720212025Typical rent by year: 2013 AED 27,000; 2014 AED 34,000; 2015 AED 40,000; 2016 AED 37,000; 2017 AED 34,000; 2018 AED 28,000; 2019 AED 24,000; 2020 AED 18,500; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 22,885; 2024 AED 25,047; 2025 AED 29,000; 2026 AED 30,000New contract, October 2018: AED 23,000 a yearNew contract, November 2020: AED 15,000 a yearRenewal, November 2021: AED 20,000 a yearRenewal, November 2022: AED 20,000 a yearRenewal, November 2023: AED 22,000 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 23, and where 008 sits

All 37 studios →

008 last sold in December 2012 at AED 964 per sqft, in line with what studios in Emirates Cluster 23 were fetching at the time (AED 976). Over the last 12 months studios sold for AED 315,000 to 350,000, around AED 746 per sqft, and rent for AED 25,358 to 39,779 a year. 008's AED 22,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026350,000
5 Sep 2026345,000
1 Jun 2026350,000
8 May 2026315,000
4 studio sales in the last 12 months

Emirates Cluster 23

Building

58 apartments, studios to 1-bed over 4 floors in International City, completed in 2011 by International City. 5 sold in the last 12 months.

Typical price per sqft
AED 746
Typical sale
AED 350K
Typical rent
AED 33K /yr
Typical yield
7.9%
Emirates Cluster 23, International City: prices, sales and rents →

Other units on the ground floor

All 58 units in Emirates Cluster 23
Value
0011-bedAED 325K · Jan 2022
002StudioAED 345K · Sep 2026
003StudioAED 200K · Dec 2022
0041-bedAED 300K · Mar 2023
0051-bedAED 315K · Oct 2021
006StudioAED 250K · Jan 2024
007StudioAED 200K · Nov 2022
1–7 of 8

008, Emirates Cluster 23 in numbers

  • Sold twice: first on 24 March 2010 for AED 426,800, last on 17 December 2012 for AED 426,800 (AED 964 per sqft).
  • Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 23,000 to AED 15,000 in 2020 and recovered to AED 22,000 by November 2023.
  • At AED 22,000 a year the gross yield on the 2012 price is 5.1%, before a service charge of about AED 4,500 a year (AED 10.28 per sqft).
  • Studios in Emirates Cluster 23 sold for AED 315,000–350,000 in the 12 months to November 2026; the building's median across all types is AED 746 per sqft.

Source: Dubai Land Department. Updated 2 November 2023.

Questions about 008, Emirates Cluster 23

What did unit 008 last sell for?

AED 426,800 on 17 December 2012: AED 964 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 426,800 in March 2010.

What is the rent for unit 008?

AED 22,000 a year on the contract renewed on 2 November 2023. The previous contract, from November 2022, was AED 20,000; the unit has been rented since October 2018.

How big is unit 008?

443 sqft (41.2 sqm): a studio on the ground floor of a 4-storey tower completed in 2011.

What is unit 008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Emirates Cluster 23 sold for AED 315,000 to 350,000 in the last 12 months, around AED 746 per sqft.

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Mortgage on 008, Emirates Cluster 23

Starts from the last sale price (AED 427K, 17 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 426,800
Deposit, UAE resident (20%)
AED 85,360
Deposit, non-resident (40%)
AED 170,720
Monthly over 25 years at 3.7%
AED 1,746

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