Studio · 457 sqftEmirates Cluster 23, International City · 4th floor · completed 2011

409, Emirates Cluster 23

Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 285K5 August 2018
Current rentAED 27K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Emirates Cluster 23

What is 409 worth today?

Last sold for AED 285,000 in 2018

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1 Feb 2025RentedRenewal
AED 26,500/yr12 months · AED 58 per sqft
1 Feb 2024RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft
2 Jul 2023RentedNew contract
AED 23,000/yr12 months · AED 50 per sqft
26 Sep 2022RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft
7 Sep 2021RentedNew contract
AED 19,000/yr12 months · AED 42 per sqft
5 Aug 2018SoldReady
AED 285,000AED 622 per sqft
1 Nov 2013RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
3 Mar 2010Sold by developerOff-plan
AED 466,500AED 1,019 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
457 sqft
Floor
4th of 4
Parking
nan
Developer
International City
Completed
2011
Service charge
AED 4,700 /yr
Last sold
AED 285K · August 2018

About 409, Emirates Cluster 23

409 is a studio of 457 sqft on the 4th floor of Emirates Cluster 23, a 4-storey tower in International City completed in 2011 by International City. It last sold on 5 August 2018 for AED 285,000, or AED 622 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 26,500 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 4,700 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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 466,500 (AED 1,019 per sqft)Sold, August 2018: AED 285,000 (AED 622 per sqft)

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

Rents
Unit 409, 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, November 2013: AED 30,000 a yearNew contract, September 2021: AED 19,000 a yearNew contract, September 2022: AED 24,000 a yearNew contract, July 2023: AED 23,000 a yearNew contract, February 2024: AED 24,000 a yearRenewal, February 2025: AED 26,500 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 409 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. 409's AED 26,500 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 4th floor

All 58 units in Emirates Cluster 23
Value
4011-bedAED 709K · Oct 2013
402StudioAED 350K · Oct 2026
403StudioAED 280K · Jun 2024
404StudioAED 265K · Jan 2024
4051-bedAED 305K · Jun 2022
4061-bedAED 445K · Jun 2026
407StudioAED 253K · Sep 2013
1–7 of 12

409, Emirates Cluster 23 in numbers

  • Sold twice: first on 3 March 2010 for AED 466,500, last on 5 August 2018 for AED 285,000 (AED 622 per sqft).
  • Rented since November 2013 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 19,000 in 2021 and recovered to AED 26,500 by February 2025.
  • At AED 26,500 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 4,700 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 February 2025.

Questions about 409, Emirates Cluster 23

What did unit 409 last sell for?

AED 285,000 on 5 August 2018: AED 622 per sqft for 457 sqft. The unit has 2 registered sales; the first was AED 466,500 in March 2010.

What is the rent for unit 409?

AED 26,500 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 24,000; the unit has been rented since November 2013.

How big is unit 409?

457 sqft (42.5 sqm): a studio on the 4th floor of a 4-storey tower completed in 2011.

What is unit 409 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 409, Emirates Cluster 23

Starts from the last sale price (AED 285K, 5 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 285,000
Deposit, UAE resident (20%)
AED 57,000
Deposit, non-resident (40%)
AED 114,000
Monthly over 25 years at 3.7%
AED 1,166

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