1-bed · 679 sqftPrime Residency 1, International City · 1st floor · completed 2010

124, Prime Residency 1

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

Unit 124 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 618K29 December 2012
Current rentAED 41K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Prime Residency 1

What is 124 worth today?

Last sold for AED 618,000 in 2012

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1 Dec 2025RentedRenewal
AED 41,000/yr12 months · AED 60 per sqft
1 Dec 2024RentedRenewal
AED 38,000/yr12 months · AED 56 per sqft
1 Dec 2023RentedNew contract
AED 37,000/yr12 months · AED 54 per sqft
10 Aug 2023RentedRenewal
AED 32,700/yr12 months · AED 48 per sqft
10 Aug 2022RentedRenewal
AED 29,700/yr12 months · AED 44 per sqft
10 Aug 2021RentedRenewal
AED 27,000/yr12 months · AED 40 per sqft
10 Aug 2020RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft
16 Dec 2018RentedRenewal
AED 42,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
1st of 4
Parking
G-26
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,500 /yr
Last sold
AED 618K · December 2012

About 124, Prime Residency 1

124 is a one-bedroom apartment of 679 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 29 December 2012 for AED 618,000, or AED 910 per sqft, 11% above the AED 819 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 41,000 a year: a gross yield of 6.6% on the 2012 price, before the service charge of about AED 7,500 a year.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical one-bed in Prime Residency 1
400K600K2009201420192024Typical sale price by year: 2009 AED 577,500; 2011 AED 343,800; 2012 AED 511,467; 2013 AED 505,129; 2014 AED 530,000; 2015 AED 542,486; 2016 AED 495,000; 2017 AED 495,000; 2019 AED 322,500; 2021 AED 320,000; 2022 AED 316,000; 2023 AED 347,500; 2024 AED 410,000; 2025 AED 460,000; 2026 AED 485,000Sold by developer, May 2009: AED 618,000 (AED 910 per sqft)Sold, December 2012: AED 618,000 (AED 910 per sqft)

124 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 124, each contractTypical one-bed in Prime Residency 1
40K2012201620202024Typical rent by year: 2012 AED 31,000; 2013 AED 34,825; 2014 AED 42,000; 2015 AED 50,000; 2016 AED 49,500; 2017 AED 45,500; 2018 AED 40,000; 2019 AED 34,000; 2020 AED 27,000; 2021 AED 25,250; 2022 AED 29,000; 2023 AED 32,000; 2024 AED 36,300; 2025 AED 41,000; 2026 AED 43,000New contract, August 2013: AED 32,000 a yearNew contract, August 2014: AED 33,600 a yearNew contract, November 2015: AED 52,000 a yearNew contract, December 2016: AED 52,000 a yearRenewal, December 2017: AED 48,000 a yearRenewal, December 2018: AED 42,000 a yearNew contract, August 2020: AED 27,000 a yearRenewal, August 2021: AED 27,000 a yearRenewal, August 2022: AED 29,700 a yearRenewal, August 2023: AED 32,700 a yearNew contract, December 2023: AED 37,000 a yearRenewal, December 2024: AED 38,000 a yearRenewal, December 2025: AED 41,000 a year

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

1-beds in Prime Residency 1, and where 124 sits

All 108 1-beds →

124 last sold in December 2012 at AED 910 per sqft, 11% above what one-beds in Prime Residency 1 were fetching at the time (AED 819). Over the last 12 months one-beds sold for AED 480,000 to 565,000, around AED 805 per sqft, and rent for AED 28,000 to 54,000 a year. 124's AED 41,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Sep 2026480,000
21 Sep 2026480,000
1 Jun 2026565,000
12 Feb 2026490,000
7 1-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

124, Prime Residency 1 in numbers

  • Sold twice: first on 10 May 2009 for AED 618,000, last on 29 December 2012 for AED 618,000 (AED 910 per sqft).
  • Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 32,000 to AED 27,000 in 2021 and recovered to AED 41,000 by December 2025.
  • At AED 41,000 a year the gross yield on the 2012 price is 6.6%, before a service charge of about AED 7,500 a year (AED 10.99 per sqft).
  • One-beds in Prime Residency 1 sold for AED 480,000–565,000 in the 12 months to November 2026; the building's median across all types is AED 755 per sqft.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 124, Prime Residency 1

What did unit 124 last sell for?

AED 618,000 on 29 December 2012: AED 910 per sqft for 679 sqft. The unit has 2 registered sales; the first was AED 618,000 in May 2009.

What is the rent for unit 124?

AED 41,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 38,000; the unit has been rented since August 2013.

How big is unit 124?

679 sqft (63.1 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2010.

What is unit 124 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prime Residency 1 sold for AED 480,000 to 565,000 in the last 12 months, around AED 805 per sqft.

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Mortgage on 124, Prime Residency 1

Starts from the last sale price (AED 618K, 29 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 618,000
Deposit, UAE resident (20%)
AED 123,600
Deposit, non-resident (40%)
AED 247,200
Monthly over 25 years at 3.7%
AED 2,528

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