2-bed · 985 sqftPrime Residency 1, International City · 2nd floor · completed 2010

217, Prime Residency 1

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

Unit 217 · DLD and Ejari recordsUpdated 25 December 2022
Last soldAED 881K3 July 2012
Current rentAED 40K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Prime Residency 1

What is 217 worth today?

Last sold for AED 881,000 in 2012

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25 Dec 2022RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
20 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 38 per sqft
20 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
1 Apr 2018RentedNew contract
AED 52,000/yr12 months · AED 53 per sqft
15 Feb 2015RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
15 Feb 2013RentedNew contract
AED 45,000/yr12 months · AED 45 per sqft
3 Jul 2012SoldReady
AED 881,000AED 894 per sqft
1 Jun 2009Sold by developerOff-plan
AED 881,000AED 894 per sqft

Source: Dubai Land Department. Updated 25 December 2022.

Key facts

Type
2-bed apartment
Size
985 sqft
Floor
2nd of 4
Parking
B-51
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,800 /yr
Last sold
AED 881K · July 2012

About 217, Prime Residency 1

217 is a two-bedroom apartment of 985 sqft on the 2nd floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 3 July 2012 for AED 881,000, or AED 894 per sqft, 37% above the AED 652 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 December 2022, is AED 40,000 a year: a gross yield of 4.5% on the 2012 price, before the service charge of about AED 10,800 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical two-bed in Prime Residency 1
600K800K2009201420192024Typical 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, June 2009: AED 881,000 (AED 894 per sqft)Sold, July 2012: AED 881,000 (AED 894 per sqft)

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

Rents
Unit 217, 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 45,000 a yearNew contract, February 2015: AED 55,000 a yearNew contract, April 2018: AED 52,000 a yearNew contract, September 2019: AED 45,000 a yearRenewal, September 2020: AED 38,000 a yearNew contract, December 2022: AED 40,000 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 217 sits

All 56 2-beds →

217 last sold in July 2012 at AED 894 per sqft, 37% above what two-beds in Prime Residency 1 were fetching at the time (AED 652). 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. 217's AED 40,000 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 2nd floor

All 164 units in Prime Residency 1
Value
2012-bedAED 471K · Jan 2013
2022-bedAED 840K · Jan 2015
2032-bedAED 545K · Apr 2019
2041-bedAED 313K · Jan 2013
2051-bedAED 550K · Mar 2014
2061-bedAED 550K · Nov 2025
2071-bedAED 583K · Jun 2014
1–7 of 40

217, Prime Residency 1 in numbers

  • Sold twice: first on 1 June 2009 for AED 881,000, last on 3 July 2012 for AED 881,000 (AED 894 per sqft).
  • Rented since February 2013 on 6 Ejari contracts, from AED 45,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2012 price is 4.5%, before a service charge of about AED 10,800 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 December 2022.

Questions about 217, Prime Residency 1

What did unit 217 last sell for?

AED 881,000 on 3 July 2012: AED 894 per sqft for 985 sqft. The unit has 2 registered sales; the first was AED 881,000 in June 2009.

What is the rent for unit 217?

AED 40,000 a year on the contract signed on 25 December 2022. The previous contract, from September 2020, was AED 38,000; the unit has been rented since February 2013.

How big is unit 217?

985 sqft (91.5 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 217 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 217, Prime Residency 1

Starts from the last sale price (AED 881K, 3 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 881,000
Deposit, UAE resident (20%)
AED 176,200
Deposit, non-resident (40%)
AED 352,400
Monthly over 25 years at 3.7%
AED 3,604

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