Home
Dubai prices
About
Research
1-bed · 633 sqftPrime Residency 1, International City · 2nd floor · completed 2010

231, Prime Residency 1

Sold prices and rental history: sold 3 times, last in March 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 16 June 2018
Last soldAED 495K21 March 2016
Current rentAED 43K /yr16 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 231

Property timeline for 231, Prime Residency 1

What is 231 worth today?

Last sold for AED 495,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Jun 2018RentedRenewal
AED 43,116/yr12 months · AED 68 per sqft
16 Jun 2017RentedNew contract
AED 46,500/yr12 months · AED 73 per sqft
12 Apr 2016RentedNew contract
AED 51,000/yr12 months · AED 80 per sqft
21 Mar 2016SoldReady
AED 495,000AED 781 per sqft
1 May 2013RentedNew contract
AED 37,000/yr12 months · AED 58 per sqft
14 Apr 2013SoldReady
AED 572,000AED 903 per sqft
10 May 2009Sold by developerOff-plan
AED 572,000AED 903 per sqft

Source: Dubai Land Department. Updated 16 June 2018.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
2nd of 4
Parking
B-109
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,000 /yr
Last sold
AED 495K · March 2016
Building
Prime Residency 1

About 231, Prime Residency 1

231 is a one-bedroom apartment of 633 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 21 March 2016 for AED 495,000, or AED 781 per sqft, in line with the AED 805 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 16 June 2018, is AED 43,116 a year: a gross yield of 8.7% on the 2016 price, before the service charge of about AED 7,000 a year.

Sales and rents for 231 over time

Sales
Unit 231, 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 572,000 (AED 903 per sqft)Sold, April 2013: AED 572,000 (AED 903 per sqft)Sold, March 2016: AED 495,000 (AED 781 per sqft)

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

Rents
Unit 231, 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, May 2013: AED 37,000 a yearNew contract, April 2016: AED 51,000 a yearNew contract, June 2017: AED 46,500 a yearRenewal, June 2018: AED 43,116 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 231 sits

All 108 1-beds →

231 last sold in March 2016 at AED 781 per sqft, in line with what one-beds in Prime Residency 1 were fetching at the time (AED 805). 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. 231's AED 43,116 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

231, Prime Residency 1 in numbers

  • Sold 3 times: first on 10 May 2009 for AED 572,000, last on 21 March 2016 for AED 495,000 (AED 781 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 37,000 to AED 43,116 a year.
  • At AED 43,116 a year the gross yield on the 2016 price is 8.7%, before a service charge of about AED 7,000 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 16 June 2018.

Questions about 231, Prime Residency 1

What did unit 231 last sell for?

AED 495,000 on 21 March 2016: AED 781 per sqft for 633 sqft. The unit has 3 registered sales; the first was AED 572,000 in May 2009.

What is the rent for unit 231?

AED 43,116 a year on the contract renewed on 16 June 2018. The previous contract, from June 2017, was AED 46,500; the unit has been rented since May 2013.

How big is unit 231?

633 sqft (58.8 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 231 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.

Selling 231? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 231, Prime Residency 1

Starts from the last sale price (AED 495K, 21 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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