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1-bed · 644 sqftPrime Residency 1, International City · 2nd floor · completed 2010

223, Prime Residency 1

Sold prices and rental history: sold 3 times, last in July 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 223 · DLD and Ejari recordsUpdated 15 August 2017
Last soldAED 450K17 July 2017
Current rentAED 46K /yr15 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 223, Prime Residency 1

What is 223 worth today?

Last sold for AED 450,000 in 2017

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15 Aug 2017RentedNew contract
AED 46,000/yr12 months · AED 71 per sqft
17 Jul 2017SoldReady
AED 450,000AED 698 per sqft
10 Aug 2016RentedRenewal
AED 55,000/yr12 months · AED 85 per sqft
10 Aug 2015RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
23 Jun 2013RentedNew contract
AED 39,000/yr12 months · AED 60 per sqft
2 Jan 2013SoldReady
AED 576,000AED 894 per sqft
10 May 2009Sold by developerOff-plan
AED 576,000AED 894 per sqft

Source: Dubai Land Department. Updated 15 August 2017.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
2nd of 4
Parking
B-49
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,100 /yr
Last sold
AED 450K · July 2017
Building
Prime Residency 1

About 223, Prime Residency 1

223 is a one-bedroom apartment of 644 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 17 July 2017 for AED 450,000, or AED 698 per sqft, 10% below the AED 776 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 15 August 2017, is AED 46,000 a year: a gross yield of 10.2% on the 2017 price, before the service charge of about AED 7,100 a year.

Sales and rents for 223 over time

Sales
Unit 223, 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 576,000 (AED 894 per sqft)Sold, January 2013: AED 576,000 (AED 894 per sqft)Sold, July 2017: AED 450,000 (AED 698 per sqft)

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

Rents
Unit 223, each contractTypical one-bed in Prime Residency 1
20K40K60K2012201620202024Typical 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, June 2013: AED 39,000 a yearNew contract, August 2015: AED 55,000 a yearRenewal, August 2016: AED 55,000 a yearNew contract, August 2017: AED 46,000 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 223 sits

All 108 1-beds →

223 last sold in July 2017 at AED 698 per sqft, 10% below what one-beds in Prime Residency 1 were fetching at the time (AED 776). 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. 223's AED 46,000 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 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

223, Prime Residency 1 in numbers

  • Sold 3 times: first on 10 May 2009 for AED 576,000, last on 17 July 2017 for AED 450,000 (AED 698 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 39,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2017 price is 10.2%, before a service charge of about AED 7,100 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 15 August 2017.

Questions about 223, Prime Residency 1

What did unit 223 last sell for?

AED 450,000 on 17 July 2017: AED 698 per sqft for 644 sqft. The unit has 3 registered sales; the first was AED 576,000 in May 2009.

What is the rent for unit 223?

AED 46,000 a year on the contract signed on 15 August 2017. The previous contract, from August 2016, was AED 55,000; the unit has been rented since June 2013.

How big is unit 223?

644 sqft (59.8 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 223 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 223, Prime Residency 1

Starts from the last sale price (AED 450K, 17 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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