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1-bed · 679 sqftPrime Residency 1, International City · 2nd floor · completed 2010

224, Prime Residency 1

Sold prices and rental history: sold once, by the developer 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 224 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 333K16 December 2012
Current rentAED 39K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Prime Residency 1

What is 224 worth today?

Last sold for AED 333,337 in 2012

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1 Jan 2026RentedRenewal
AED 39,000/yr12 months · AED 57 per sqft
1 Jan 2025RentedRenewal
AED 39,000/yr12 months · AED 57 per sqft
1 Jan 2024RentedRenewal
AED 34,000/yr12 months · AED 50 per sqft
1 Jan 2023RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
20 Feb 2022RentedNew contract
AED 28,000/yr12 months · AED 41 per sqft
20 Nov 2020RentedRenewal
AED 28,000/yr12 months · AED 41 per sqft
20 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
15 Nov 2018RentedRenewal
AED 40,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
2nd of 4
Parking
B-48
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,500 /yr
Last sold
AED 333K · December 2012
Building
Prime Residency 1

About 224, Prime Residency 1

224 is a one-bedroom apartment of 679 sqft on the 2nd floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. The developer sold it on 16 December 2012 for AED 333,337, or AED 490 per sqft, 40% below the AED 822 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 39,000 a year: a gross yield of 11.7% on the 2012 price, before the service charge of about AED 7,500 a year.

Sales and rents for 224 over time

Sales
Unit 224, 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, December 2012: AED 333,337 (AED 490 per sqft)

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

Rents
Unit 224, 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, October 2013: AED 32,000 a yearRenewal, October 2014: AED 38,000 a yearRenewal, October 2015: AED 43,700 a yearRenewal, October 2016: AED 43,700 a yearNew contract, December 2016: AED 48,000 a yearNew contract, November 2017: AED 45,000 a yearRenewal, November 2018: AED 40,000 a yearNew contract, November 2019: AED 32,000 a yearRenewal, November 2020: AED 28,000 a yearNew contract, February 2022: AED 28,000 a yearNew contract, January 2023: AED 30,000 a yearRenewal, January 2024: AED 34,000 a yearRenewal, January 2025: AED 39,000 a yearRenewal, January 2026: AED 39,000 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 224 sits

All 108 1-beds →

224 last sold in December 2012 at AED 490 per sqft, 40% below what one-beds in Prime Residency 1 were fetching at the time (AED 822). 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. 224's AED 39,000 is in the lower 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

224, Prime Residency 1 in numbers

  • Sold once: by Prescott Investments on 16 December 2012 for AED 333,337, or AED 490 per sqft.
  • Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2022 and recovered to AED 39,000 by January 2026.
  • At AED 39,000 a year the gross yield on the 2012 price is 11.7%, 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 January 2026.

Questions about 224, Prime Residency 1

What did unit 224 last sell for?

AED 333,337 on 16 December 2012, sold by the developer: AED 490 per sqft for 679 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 39,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 39,000; the unit has been rented since October 2013.

How big is unit 224?

679 sqft (63.1 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 224 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 224, Prime Residency 1

Starts from the last sale price (AED 333K, 16 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 333,337
Deposit, UAE resident (20%)
AED 66,667
Deposit, non-resident (40%)
AED 133,335
Monthly over 25 years at 3.7%
AED 1,364

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