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2-bed · 933 sqftPrime Residency 1, International City · 1st floor · completed 2010

116, Prime Residency 1

Sold prices and rental history: sold 3 times, last in August 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 400K6 August 2012
Current rentAED 60K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 116, Prime Residency 1

What is 116 worth today?

Last sold for AED 400,000 in 2012

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25 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
1 Jun 2025RentedNew contract
AED 63,000/yr12 months · AED 67 per sqft
1 Jun 2025RentedNew contract
AED 63,000/yr12 months · AED 67 per sqft
17 Nov 2024RentedNew contract
AED 59,500/yr12 months · AED 64 per sqft
10 Mar 2024RentedRenewal
AED 48,850/yr12 months · AED 52 per sqft
10 Mar 2023RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
25 Feb 2022RentedRenewal
AED 41,000/yr12 months · AED 44 per sqft
25 Feb 2021RentedNew contract
AED 39,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
1st of 4
Parking
G-47
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,300 /yr
Last sold
AED 400K · August 2012
Building
Prime Residency 1

About 116, Prime Residency 1

116 is a two-bedroom apartment of 933 sqft on the 1st floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 6 August 2012 for AED 400,000, or AED 428 per sqft, 20% below the AED 536 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 25 September 2026, is AED 60,000 a year: a gross yield of 15.0% on the 2012 price, before the service charge of about AED 10,300 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Prime Residency 1
500K750K2009201420192024Typical sale price by year: 2009 AED 874,500; 2011 AED 885,127; 2012 AED 731,019; 2013 AED 550,000; 2014 AED 877,000; 2015 AED 837,000; 2016 AED 770,000; 2017 AED 700,000; 2022 AED 485,000; 2024 AED 570,000; 2025 AED 700,000Sold by developer, May 2009: AED 869,535 (AED 931 per sqft)Sold, August 2012: AED 400,000 (AED 428 per sqft)Sold, August 2012: AED 400,000 (AED 428 per sqft)

116 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 116, each contractTypical two-bed in Prime Residency 1
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 44,100; 2014 AED 52,000; 2015 AED 62,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 54,000; 2019 AED 47,000; 2020 AED 40,000; 2021 AED 38,000; 2022 AED 40,000; 2023 AED 44,000; 2024 AED 48,000; 2025 AED 55,000; 2026 AED 55,902New contract, October 2013: AED 50,000 a yearNew contract, October 2014: AED 55,000 a yearNew contract, October 2016: AED 63,000 a yearNew contract, November 2018: AED 50,000 a yearRenewal, November 2019: AED 46,124 a yearRenewal, November 2020: AED 41,000 a yearNew contract, February 2021: AED 39,000 a yearRenewal, February 2022: AED 41,000 a yearNew contract, March 2023: AED 45,000 a yearRenewal, March 2024: AED 48,850 a yearNew contract, November 2024: AED 59,500 a yearNew contract, June 2025: AED 63,000 a yearNew contract, June 2025: AED 63,000 a yearNew contract, September 2026: AED 60,000 a year

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

2-beds in Prime Residency 1, and where 116 sits

All 56 2-beds →

116 last sold in August 2012 at AED 428 per sqft, 20% below what two-beds in Prime Residency 1 were fetching at the time (AED 536). Over the last 12 months two-beds sold for AED 725,000 to 740,000, around AED 724 per sqft, and rent for AED 36,000 to 70,180 a year. 116's AED 60,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Aug 2026725,000
17 Nov 2025740,000
27 Oct 2025725,000
26 Aug 2025700,000
2 2-bed sales in the last 12 months

Prime Residency 1

Building

164 apartments, 1-bed to 2-bed over 4 floors in International City, completed in 2010 by Prescott Investments. 9 sold in the last 12 months.

Typical price per sqft
AED 755
Typical sale
AED 550K
Typical rent
AED 46K /yr
Typical yield
8.5%
Prime Residency 1, International City: prices, sales and rents →

Other units on the 1st floor

All 164 units in Prime Residency 1
Value
1012-bedAED 475K · May 2022
1022-bedAED 831K · Sep 2012
1032-bedAED 775K · Oct 2016
1041-bedAED 325K · Jan 2020
1051-bedAED 550K · Dec 2025
1061-bedAED 475K · Nov 2025
1071-bedAED 460K · Feb 2025
1–7 of 40

116, Prime Residency 1 in numbers

  • Sold 3 times: first on 16 May 2009 for AED 869,535, last on 6 August 2012 for AED 400,000 (AED 428 per sqft).
  • Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 50,000 to AED 39,000 in 2021 and recovered to AED 60,000 by September 2026.
  • At AED 60,000 a year the gross yield on the 2012 price is 15.0%, before a service charge of about AED 10,300 a year (AED 10.99 per sqft).
  • Two-beds in Prime Residency 1 sold for AED 725,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 755 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 116, Prime Residency 1

What did unit 116 last sell for?

AED 400,000 on 6 August 2012: AED 428 per sqft for 933 sqft. The unit has 3 registered sales; the first was AED 869,535 in May 2009.

What is the rent for unit 116?

AED 60,000 a year on the contract signed on 25 September 2026. The previous contract, from June 2025, was AED 63,000; the unit has been rented since October 2013.

How big is unit 116?

933 sqft (86.7 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2010.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prime Residency 1 sold for AED 725,000 to 740,000 in the last 12 months, around AED 724 per sqft.

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Mortgage on 116, Prime Residency 1

Starts from the last sale price (AED 400K, 6 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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