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2-bed · 1,056 sqftPrime Residency 1, International City · 1st floor · completed 2010

120, 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 120 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 400K6 August 2012
Current rentAED 53K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Prime Residency 1

What is 120 worth today?

Last sold for AED 400,000 in 2012

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20 Dec 2024RentedNew contract
AED 53,000/yr12 months · AED 50 per sqft
20 Dec 2024RentedNew contract
AED 53,000/yr12 months · AED 50 per sqft
20 Dec 2023RentedNew contract
AED 50,000/yr12 months · AED 47 per sqft
1 Dec 2021RentedNew contract
AED 38,000/yr12 months · AED 36 per sqft
4 Nov 2019RentedNew contract
AED 46,000/yr12 months · AED 44 per sqft
30 Oct 2018RentedNew contract
AED 53,000/yr12 months · AED 50 per sqft
20 Oct 2017RentedNew contract
AED 66,000/yr12 months · AED 63 per sqft
20 Oct 2016RentedNew contract
AED 66,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
2-bed apartment
Size
1,056 sqft
Floor
1st of 4
Parking
G-30
Developer
Prescott Investments
Completed
2010
Service charge
AED 11,600 /yr
Last sold
AED 400K · August 2012
Building
Prime Residency 1

About 120, Prime Residency 1

120 is a two-bedroom apartment of 1,056 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 378 per sqft, 29% below the AED 536 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 20 December 2024, is AED 53,000 a year: a gross yield of 13.3% on the 2012 price, before the service charge of about AED 11,600 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical two-bed in Prime Residency 1
500K1M2009201420192024Typical 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 976,253 (AED 924 per sqft)Sold, August 2012: AED 400,000 (AED 378 per sqft)Sold, August 2012: AED 400,000 (AED 378 per sqft)

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

Rents
Unit 120, 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, February 2013: AED 48,000 a yearNew contract, February 2014: AED 50,400 a yearNew contract, February 2015: AED 52,000 a yearNew contract, October 2016: AED 66,000 a yearNew contract, October 2017: AED 66,000 a yearNew contract, October 2018: AED 53,000 a yearNew contract, November 2019: AED 46,000 a yearNew contract, December 2021: AED 38,000 a yearNew contract, December 2023: AED 50,000 a yearNew contract, December 2024: AED 53,000 a yearNew contract, December 2024: AED 53,000 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 120 sits

All 56 2-beds →

120 last sold in August 2012 at AED 378 per sqft, 29% 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. 120's AED 53,000 is in the lower 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

120, Prime Residency 1 in numbers

  • Sold 3 times: first on 16 May 2009 for AED 976,253, last on 6 August 2012 for AED 400,000 (AED 378 per sqft).
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 48,000 to AED 38,000 in 2021 and recovered to AED 53,000 by December 2024.
  • At AED 53,000 a year the gross yield on the 2012 price is 13.3%, before a service charge of about AED 11,600 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 20 December 2024.

Questions about 120, Prime Residency 1

What did unit 120 last sell for?

AED 400,000 on 6 August 2012: AED 378 per sqft for 1,056 sqft. The unit has 3 registered sales; the first was AED 976,253 in May 2009.

What is the rent for unit 120?

AED 53,000 a year on the contract signed on 20 December 2024. The previous contract, from December 2024, was AED 53,000; the unit has been rented since February 2013.

How big is unit 120?

1,056 sqft (98.1 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2010.

What is unit 120 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 120, 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 →