Studio · 463 sqftEmirates Cluster 23, International City · 3rd floor · completed 2011

311, Emirates Cluster 23

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 215K1 November 2022
Current rentAED 30K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Emirates Cluster 23

What is 311 worth today?

Last sold for AED 215,000 in 2022

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1 Nov 2022SoldReady
AED 215,000AED 464 per sqft
20 Apr 2022RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
11 Aug 2021RentedNew contract
AED 21,000/yr12 months · AED 45 per sqft
7 Feb 2014RentedNew contract
AED 40,000/yr12 months · AED 86 per sqft
31 Oct 2013SoldReady
AED 350,000AED 755 per sqft
30 Sep 2013Sold by developerReady
AED 296,800AED 640 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
Studio apartment
Size
463 sqft
Floor
3rd of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,800 /yr
Last sold
AED 215K · November 2022

About 311, Emirates Cluster 23

311 is a studio of 463 sqft on the 3rd floor of Emirates Cluster 23, a 4-storey tower in International City completed in 2011 by International City. It last sold on 1 November 2022 for AED 215,000, or AED 464 per sqft.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 20 April 2022, is AED 30,000 a year: a gross yield of 14.0% on the 2022 price, before the service charge of about AED 4,800 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, September 2013: AED 296,800 (AED 640 per sqft)Sold, October 2013: AED 350,000 (AED 755 per sqft)Sold, November 2022: AED 215,000 (AED 464 per sqft)

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

Rents
Unit 311, each contractTypical studio in Emirates Cluster 23
20K30K40K2013201720212025Typical 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, February 2014: AED 40,000 a yearNew contract, August 2021: AED 21,000 a yearNew contract, April 2022: AED 30,000 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 311 sits

All 37 studios →

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. 311's AED 30,000 is in the lower half 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 3rd floor

All 58 units in Emirates Cluster 23
Value
3011-bedAED 505K · Apr 2016
302StudioAED 385K · Jan 2017
303StudioAED 385K · Jan 2017
304StudioAED 414K · Apr 2013
3051-bedAED 280K · Apr 2023
3061-bedAED 300K · Apr 2019
307StudioAED 200K · Oct 2020
1–7 of 11

311, Emirates Cluster 23 in numbers

  • Sold 3 times: first on 30 September 2013 for AED 296,800, last on 1 November 2022 for AED 215,000 (AED 464 per sqft).
  • Rented since February 2014 on 3 Ejari contracts. The rent fell from AED 40,000 to AED 21,000 in 2021 and recovered to AED 30,000 by April 2022.
  • At AED 30,000 a year the gross yield on the 2022 price is 14.0%, before a service charge of about AED 4,800 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 1 November 2022.

Questions about 311, Emirates Cluster 23

What did unit 311 last sell for?

AED 215,000 on 1 November 2022: AED 464 per sqft for 463 sqft. The unit has 3 registered sales; the first was AED 296,800 in September 2013.

What is the rent for unit 311?

AED 30,000 a year on the contract signed on 20 April 2022. The previous contract, from August 2021, was AED 21,000; the unit has been rented since February 2014.

How big is unit 311?

463 sqft (43.0 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2011.

What is unit 311 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 311, Emirates Cluster 23

Starts from the last sale price (AED 215K, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 215,000
Deposit, UAE resident (20%)
AED 43,000
Deposit, non-resident (40%)
AED 86,000
Monthly over 25 years at 3.7%
AED 880

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