Studio · 413 sqftPrime Gardens, Arjan · 4th floor · completed 2024

416, Prime Gardens

Sold prices and rental history: sold twice, last in March 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 590K14 March 2024
Current rentAED 60K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Prime Gardens

What is 416 worth today?

Last sold for AED 590,000 in 2024

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25 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 146 per sqft
14 Mar 2024SoldOff-plan
AED 590,000AED 1,428 per sqft
27 Oct 2022Sold by developerOff-plan
AED 510,000AED 1,234 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
4th of 6
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 590K · March 2024

About 416, Prime Gardens

416 is a studio of 413 sqft on the 4th floor of Prime Gardens, a 6-storey tower in Arjan completed in 2024 by Prescott Real Estate Development . It last sold on 14 March 2024 for AED 590,000, or AED 1,428 per sqft, 7% above the AED 1,330 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2024. The current contract, signed on 25 September 2024, is AED 60,000 a year: a gross yield of 10.2% on the 2024 price.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical studio in Prime Gardens
600K202220242026Typical sale price by year: 2022 AED 486,800; 2023 AED 540,000; 2024 AED 610,000; 2025 AED 690,000; 2026 AED 710,000Sold by developer, October 2022: AED 510,000 (AED 1,234 per sqft)Sold, March 2024: AED 590,000 (AED 1,428 per sqft)

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

Rents
Unit 416, each contractTypical studio in Prime Gardens
50K60K2024202520262027Typical rent by year: 2024 AED 52,500; 2025 AED 55,000; 2026 AED 46,577New contract, September 2024: AED 60,000 a year

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

Studios in Prime Gardens, and where 416 sits

All 46 studios →

416 last sold in March 2024 at AED 1,428 per sqft, 7% above what studios in Prime Gardens were fetching at the time (AED 1,330). Over the last 12 months studios sold for AED 685,000 to 710,000, around AED 1,723 per sqft, and rent for AED 45,000 to 60,000 a year. 416's AED 60,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
11 May 2026710,000
6 Apr 2026685,000
16 Feb 2026710,000
9 Feb 2026710,000
4 studio sales in the last 12 months

Prime Gardens

Building

139 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2024 by Prescott Real Estate Development . 15 sold in the last 12 months.

Typical price per sqft
AED 1,411 Down 2.8%
Typical sale
AED 950K
Typical rent
AED 72K /yr
Typical yield
7.7%
Prime Gardens, Arjan: prices, sales and rents →

Other units on the 4th floor

All 139 units in Prime Gardens
Value
4011-bedAED 1.05M · Aug 2024
4022-bedAED 1.28M · Sep 2022
4032-bedAED 1.2M · Feb 2023
4041-bedAED 1.08M · Nov 2024
4051-bedAED 755K · Nov 2022
4061-bedAED 755K · Nov 2022
4072-bedAED 1.12M · Jan 2023
1–7 of 23

416, Prime Gardens in numbers

  • Sold twice: first on 27 October 2022 for AED 510,000, last on 14 March 2024 for AED 590,000 (AED 1,428 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 10.2%.
  • Studios in Prime Gardens sold for AED 685,000–710,000 in the 12 months to November 2026; the building's median across all types is AED 1,411 per sqft.

Source: Dubai Land Department. Updated 25 September 2024.

Questions about 416, Prime Gardens

What did unit 416 last sell for?

AED 590,000 on 14 March 2024: AED 1,428 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 510,000 in October 2022.

What is the rent for unit 416?

AED 60,000 a year on the contract signed on 25 September 2024.

How big is unit 416?

413 sqft (38.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2024.

What is unit 416 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prime Gardens sold for AED 685,000 to 710,000 in the last 12 months, around AED 1,723 per sqft.

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Mortgage on 416, Prime Gardens

Starts from the last sale price (AED 590K, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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