1-bed · 937 sqftPersia Cluster N05, International City · 3rd floor

307, Persia Cluster N05

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 307 · DLD and Ejari recordsUpdated 1 January 2023

Last soldAED 300K19 December 2022

Current rentAED 38K /yr1 January 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 307, Persia Cluster N05

Today

What is 307 worth today?

Last sold for AED 300,000 in 2022

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1 Jan 2023

1 Jan 2023RentedNew contract

AED 38,000/yr12 months · AED 41 per sqft

19 Dec 2022

19 Dec 2022Sold by developerReady

AED 300,000AED 320 per sqft

15 Feb 2021

15 Feb 2021RentedNew contract

AED 30,000/yr12 months · AED 32 per sqft

15 Feb 2019

15 Feb 2019RentedNew contract

AED 38,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type: 1-bed apartment
Size: 937 sqft
Floor: 3rd of 4
Parking: nan
Service charge: AED 10,700 /yr
Last sold: AED 300K · December 2022
Building: Persia Cluster N05

About 307, Persia Cluster N05

307 is a one-bedroom apartment of 937 sqft on the 3rd floor of Persia Cluster N05, a 4-storey tower in International City. The developer sold it on 19 December 2022 for AED 300,000, or AED 320 per sqft, 20% below the AED 402 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 January 2023, is AED 38,000 a year: a gross yield of 12.7% on the 2022 price, before the service charge of about AED 10,700 a year.

Sales and rents for 307 over time

Rents

Unit 307, each contractTypical one-bed in Persia Cluster N05

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Persia Cluster N05, and where 307 sits

All 20 1-beds →

307 last sold in December 2022 at AED 320 per sqft, 20% below what one-beds in Persia Cluster N05 were fetching at the time (AED 402). 307's AED 38,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
22 Dec 202222 December 2022	744 sqft	300,000	403
19 Dec 202219 December 2022	745 sqft	300,000	402
19 Dec 202219 December 2022	744 sqft	300,000	402
19 Dec 202219 December 2022	937 sqft	300,000	320

0 1-bed sales in the last 12 months

Persia Cluster N05

Building

44 apartments, studios to 1-bed over 4 floors in International City. No sale in the last 12 months.

Typical price per sqft: Few sales
Typical sale: Few sales
Typical rent: AED 37K /yr
Typical yield

Persia Cluster N05, International City: prices, sales and rents →

Other units on the 3rd floor

All 44 units in Persia Cluster N05


301	1-bed	744 sqft	AED 300KAED 300,000 · Dec 2022December 2022	24,000 /yr
302	1-bed	745 sqft	AED 300KAED 300,000 · Dec 2022December 2022	33,000 /yr
303	Studio	472 sqft	AED 200KAED 200,000 · Dec 2022December 2022	24,000 /yr
304	Studio	472 sqft	AED 200KAED 200,000 · Dec 2022December 2022	32,000 /yr
305	Studio	474 sqft	AED 200KAED 200,000 · Dec 2022December 2022	32,000 /yr
306	Studio	472 sqft	AED 200KAED 200,000 · Dec 2022December 2022	30,000 /yr
308	1-bed	744 sqft	AED 300KAED 300,000 · Dec 2022December 2022	24,000 /yr
309	Studio	484 sqft	AED 200KAED 200,000 · Dec 2022December 2022	36,000 /yr
310	1-bed	744 sqft	AED 300KAED 300,000 · Dec 2022December 2022	33,000 /yr
312	Studio	484 sqft	AED 200KAED 200,000 · Dec 2022December 2022	38,000 /yr

1–7 of 10

307, Persia Cluster N05 in numbers

Sold once: by the developer on 19 December 2022 for AED 300,000, or AED 320 per sqft.
Rented since February 2019 on 3 Ejari contracts. The rent fell from AED 38,000 to AED 30,000 in 2021 and recovered to AED 38,000 by January 2023.
At AED 38,000 a year the gross yield on the 2022 price is 12.7%, before a service charge of about AED 10,700 a year (AED 11.44 per sqft).

Source: Dubai Land Department. Updated 1 January 2023.

Questions about 307, Persia Cluster N05

What did unit 307 last sell for?

AED 300,000 on 19 December 2022, sold by the developer: AED 320 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 38,000 a year on the contract signed on 1 January 2023. The previous contract, from February 2021, was AED 30,000; the unit has been rented since February 2019.

How big is unit 307?

937 sqft (87.1 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower.

What is unit 307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 307, Persia Cluster N05

Starts from the last sale price (AED 300K, 19 December 2022). Switch to today's estimate once you have unlocked it.

Price: AED 300,000
Deposit, UAE resident (20%): AED 60,000
Deposit, non-resident (40%): AED 120,000
Monthly over 25 years at 3.7%: AED 1,227

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