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2-bed · 948 sqftPrime Residency 1, International City · 3rd floor · completed 2010

302, Prime Residency 1

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 20 May 2022
Last soldAED 475K20 May 2022
Current rentAED 40K /yr26 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302, Prime Residency 1

What is 302 worth today?

Last sold for AED 475,000 in 2022

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20 May 2022SoldReady
AED 475,000AED 501 per sqft
26 Oct 2020RentedRenewal
AED 40,000/yr12 months · AED 42 per sqft
26 Oct 2019RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
26 Oct 2018RentedRenewal
AED 60,000/yr12 months · AED 63 per sqft
26 Oct 2017RentedRenewal
AED 65,000/yr12 months · AED 69 per sqft
26 Oct 2016RentedRenewal
AED 68,000/yr12 months · AED 72 per sqft
26 Oct 2015RentedNew contract
AED 68,000/yr12 months · AED 72 per sqft
10 May 2009Sold by developerOff-plan
AED 855,000AED 901 per sqft

Source: Dubai Land Department. Updated 20 May 2022.

Key facts

Type
2-bed apartment
Size
948 sqft
Floor
3rd of 4
Parking
B-80
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,400 /yr
Last sold
AED 475K · May 2022
Building
Prime Residency 1

About 302, Prime Residency 1

302 is a two-bedroom apartment of 948 sqft on the 3rd floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 20 May 2022 for AED 475,000, or AED 501 per sqft, in line with the AED 496 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 26 October 2020, is AED 40,000 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 10,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, May 2009: AED 855,000 (AED 901 per sqft)Sold, May 2022: AED 475,000 (AED 501 per sqft)

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

Rents
Unit 302, 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, October 2015: AED 68,000 a yearRenewal, October 2016: AED 68,000 a yearRenewal, October 2017: AED 65,000 a yearRenewal, October 2018: AED 60,000 a yearRenewal, October 2019: AED 50,000 a yearRenewal, October 2020: 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 302 sits

All 56 2-beds →

302 last sold in May 2022 at AED 501 per sqft, in line with what two-beds in Prime Residency 1 were fetching at the time (AED 496). 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. 302'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 3rd floor

All 164 units in Prime Residency 1
Value
3012-bedAED 471K · Jan 2013
3032-bedAED 878K · Dec 2011
3041-bedAED 450K · Aug 2025
3051-bedAED 545K · Jun 2015
3061-bedAED 320K · Oct 2021
3071-bedAED 440K · Dec 2024
3081-bedAED 440K · Aug 2018
1–7 of 40

302, Prime Residency 1 in numbers

  • Sold twice: first on 10 May 2009 for AED 855,000, last on 20 May 2022 for AED 475,000 (AED 501 per sqft).
  • Rented since October 2015 on 6 Ejari contracts, from AED 68,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 10,400 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 20 May 2022.

Questions about 302, Prime Residency 1

What did unit 302 last sell for?

AED 475,000 on 20 May 2022: AED 501 per sqft for 948 sqft. The unit has 2 registered sales; the first was AED 855,000 in May 2009.

What is the rent for unit 302?

AED 40,000 a year on the contract renewed on 26 October 2020. The previous contract, from October 2019, was AED 50,000; the unit has been rented since October 2015.

How big is unit 302?

948 sqft (88.1 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 302 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 302, Prime Residency 1

Starts from the last sale price (AED 475K, 20 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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