409, Persia Cluster N05
Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Persia Cluster N05
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 4th of 4
- Parking
- nan
- Service charge
- AED 5,600 /yr
- Last sold
- AED 200K · December 2022
- Building
- Persia Cluster N05
About 409, Persia Cluster N05
409 is a studio of 488 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 410 per sqft, in line with the AED 421 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 February 2023, is AED 21,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 5,600 a year.
Sales and rents for 409 over time
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 409 sits
All 24 studios →409 last sold in December 2022 at AED 410 per sqft, in line with what studios in Persia Cluster N05 were fetching at the time (AED 421). 409's AED 21,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202219 December 2022 | 472 sqft | 200,000 | 423 | ||
| 19 Dec 202219 December 2022 | 487 sqft | 200,000 | 410 | ||
| 19 Dec 202219 December 2022 | 472 sqft | 200,000 | 423 | ||
| 19 Dec 202219 December 2022 | 472 sqft | 200,000 | 423 |
Persia Cluster N05
Building44 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
Other units on the 4th floor
All 44 units in Persia Cluster N05| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 750 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 40,000 /yr | |
| 402 | 1-bed | 751 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 28,000 /yr | |
| 403 | Studio | 476 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 30,000 /yr | |
| 404 | Studio | 476 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 16,000 /yr | |
| 405 | Studio | 477 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 37,000 /yr | |
| 406 | Studio | 476 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 23,000 /yr | |
| 407 | 1-bed | 937 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 50,000 /yr | |
| 408 | 1-bed | 750 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 35,000 /yr | |
| 410 | 1-bed | 750 sqft | AED 300KAED 300,000 · Dec 2022December 2022 | 33,000 /yr | |
| 412 | Studio | 487 sqft | AED 200KAED 200,000 · Dec 2022December 2022 | 32,000 /yr |
409, Persia Cluster N05 in numbers
- Sold once: by the developer on 19 December 2022 for AED 200,000, or AED 410 per sqft.
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 26,000 to AED 16,000 in 2021 and recovered to AED 21,000 by February 2023.
- At AED 21,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 5,600 a year (AED 11.44 per sqft).
Source: Dubai Land Department. Updated 1 February 2023.
Questions about 409, Persia Cluster N05
What did unit 409 last sell for?
AED 200,000 on 19 December 2022, sold by the developer: AED 410 per sqft for 488 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 21,000 a year on the contract signed on 1 February 2023. The previous contract, from February 2022, was AED 17,000; the unit has been rented since September 2013.
How big is unit 409?
488 sqft (45.3 sqm): a studio on the 4th floor of a 4-storey tower.
What is unit 409 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 409, 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 →