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1-bed · 647 sqftPrime Residency 1, International City · 2nd floor · completed 2010

230, Prime Residency 1

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 230 · DLD and Ejari recordsUpdated 26 November 2023
Last soldAED 350K3 February 2013
Current rentAED 33K /yr26 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 230, Prime Residency 1

What is 230 worth today?

Last sold for AED 350,000 in 2013

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26 Nov 2023RentedRenewal
AED 32,500/yr12 months · AED 50 per sqft
26 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
23 Oct 2021RentedRenewal
AED 23,000/yr12 months · AED 36 per sqft
23 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 36 per sqft
1 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 51 per sqft
8 Jun 2018RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft
20 Dec 2016RentedRenewal
AED 50,000/yr12 months · AED 77 per sqft
20 Dec 2015RentedNew contract
AED 53,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 26 November 2023.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
2nd of 4
Parking
B-110
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,100 /yr
Last sold
AED 350K · February 2013
Building
Prime Residency 1

About 230, Prime Residency 1

230 is a one-bedroom apartment of 647 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 3 February 2013 for AED 350,000, or AED 540 per sqft, 32% below the AED 798 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 26 November 2023, is AED 32,500 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 7,100 a year.

Sales and rents for 230 over time

Sales
Unit 230, 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, February 2013: AED 350,000 (AED 540 per sqft)

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

Rents
Unit 230, each contractTypical one-bed in Prime Residency 1
20K40K2012201620202024Typical 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, December 2015: AED 53,000 a yearRenewal, December 2016: AED 50,000 a yearNew contract, June 2018: AED 42,000 a yearNew contract, July 2019: AED 33,000 a yearNew contract, October 2020: AED 23,000 a yearRenewal, October 2021: AED 23,000 a yearNew contract, November 2022: AED 30,000 a yearRenewal, November 2023: AED 32,500 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 230 sits

All 108 1-beds →

230 last sold in February 2013 at AED 540 per sqft, 32% below what one-beds in Prime Residency 1 were fetching at the time (AED 798). 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. 230's AED 32,500 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

230, Prime Residency 1 in numbers

  • Sold once: by Prescott Investments on 3 February 2013 for AED 350,000, or AED 540 per sqft.
  • Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 23,000 in 2021 and recovered to AED 32,500 by November 2023.
  • At AED 32,500 a year the gross yield on the 2013 price is 9.3%, 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 26 November 2023.

Questions about 230, Prime Residency 1

What did unit 230 last sell for?

AED 350,000 on 3 February 2013, sold by the developer: AED 540 per sqft for 647 sqft. It is the only registered sale of the unit.

What is the rent for unit 230?

AED 32,500 a year on the contract renewed on 26 November 2023. The previous contract, from November 2022, was AED 30,000; the unit has been rented since December 2015.

How big is unit 230?

647 sqft (60.1 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 230 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 230, Prime Residency 1

Starts from the last sale price (AED 350K, 3 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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