Studio · 476 sqftPersia Cluster N05, International City · 4th floor

404, Persia Cluster N05

Sold prices and rental history: sold once, by the developer in December 2022, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 19 December 2022
Last soldAED 200K19 December 2022
Current rentAED 16K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Persia Cluster N05

What is 404 worth today?

Last sold for AED 200,000 in 2022

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19 Dec 2022Sold by developerReady
AED 200,000AED 420 per sqft
15 Dec 2021RentedNew contract
AED 16,000/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 19 December 2022.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
4th of 4
Parking
nan
Service charge
AED 5,400 /yr
Last sold
AED 200K · December 2022

About 404, Persia Cluster N05

404 is a studio of 476 sqft on the 4th floor of Persia Cluster N05, a 4-storey tower in International City. The developer sold it on 19 December 2022 for AED 200,000, or AED 420 per sqft, in line with the AED 421 studios in the building were fetching at the time.

One Ejari contract is registered, from 15 December 2021. The current contract, signed on 15 December 2021, is AED 16,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 5,400 a year.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical studio in Persia Cluster N05
20K30K2013201720212025Typical rent by year: 2013 AED 22,250; 2014 AED 27,600; 2015 AED 30,250; 2016 AED 32,000; 2017 AED 31,000; 2018 AED 27,000; 2019 AED 24,000; 2020 AED 18,000; 2021 AED 16,000; 2022 AED 19,000; 2023 AED 22,000; 2024 AED 29,000; 2025 AED 30,000; 2026 AED 35,000New contract, December 2021: AED 16,000 a year

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

Studios in Persia Cluster N05, and where 404 sits

All 24 studios →

404 last sold in December 2022 at AED 420 per sqft, in line with what studios in Persia Cluster N05 were fetching at the time (AED 421). 404's AED 16,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Dec 2022200,000
19 Dec 2022200,000
19 Dec 2022200,000
19 Dec 2022200,000
0 studio 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 4th floor

All 44 units in Persia Cluster N05
Value
4011-bedAED 300K · Dec 2022
4021-bedAED 300K · Dec 2022
403StudioAED 200K · Dec 2022
405StudioAED 200K · Dec 2022
406StudioAED 200K · Dec 2022
4071-bedAED 300K · Dec 2022
4081-bedAED 300K · Dec 2022
1–7 of 10

404, Persia Cluster N05 in numbers

  • Sold once: by the developer on 19 December 2022 for AED 200,000, or AED 420 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 16,000 a year.
  • At AED 16,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 5,400 a year (AED 11.44 per sqft).

Source: Dubai Land Department. Updated 19 December 2022.

Questions about 404, Persia Cluster N05

What did unit 404 last sell for?

AED 200,000 on 19 December 2022, sold by the developer: AED 420 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 16,000 a year on the contract signed on 15 December 2021.

How big is unit 404?

476 sqft (44.2 sqm): a studio on the 4th floor of a 4-storey tower.

What is unit 404 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 404, Persia Cluster N05

Starts from the last sale price (AED 200K, 19 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 200,000
Deposit, UAE resident (20%)
AED 40,000
Deposit, non-resident (40%)
AED 80,000
Monthly over 25 years at 3.7%
AED 818

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