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1-bed · 616 sqftPrime Residency 1, International City · 3rd floor · completed 2010

308, Prime Residency 1

Sold prices and rental history: sold 3 times, last in August 2018, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 11 November 2020
Last soldAED 440K8 August 2018
Current rentAED 24K /yr11 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Prime Residency 1

What is 308 worth today?

Last sold for AED 440,000 in 2018

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11 Nov 2020RentedNew contract
AED 24,000/yr12 months · AED 39 per sqft
8 Aug 2018SoldReady
AED 440,000AED 714 per sqft
3 Feb 2013SoldReady
AED 602,000AED 977 per sqft
14 Jul 2009Sold by developerOff-plan
AED 602,000AED 977 per sqft

Source: Dubai Land Department. Updated 11 November 2020.

Key facts

Type
1-bed apartment
Size
616 sqft
Floor
3rd of 4
Parking
B-74
Developer
Prescott Investments
Completed
2010
Service charge
AED 6,800 /yr
Last sold
AED 440K · August 2018
Building
Prime Residency 1

About 308, Prime Residency 1

308 is a one-bedroom apartment of 616 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 8 August 2018 for AED 440,000, or AED 714 per sqft.

One Ejari contract is registered, from 11 November 2020. The current contract, signed on 11 November 2020, is AED 24,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 6,800 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, July 2009: AED 602,000 (AED 977 per sqft)Sold, February 2013: AED 602,000 (AED 977 per sqft)Sold, August 2018: AED 440,000 (AED 714 per sqft)

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

Rents
Unit 308, 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, November 2020: AED 24,000 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 308 sits

All 108 1-beds →

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. 308's AED 24,000 is at the bottom 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 3rd floor

All 164 units in Prime Residency 1
Value
3012-bedAED 471K · Jan 2013
3022-bedAED 475K · May 2022
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
1–7 of 40

308, Prime Residency 1 in numbers

  • Sold 3 times: first on 14 July 2009 for AED 602,000, last on 8 August 2018 for AED 440,000 (AED 714 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 6,800 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 11 November 2020.

Questions about 308, Prime Residency 1

What did unit 308 last sell for?

AED 440,000 on 8 August 2018: AED 714 per sqft for 616 sqft. The unit has 3 registered sales; the first was AED 602,000 in July 2009.

What is the rent for unit 308?

AED 24,000 a year on the contract signed on 11 November 2020.

How big is unit 308?

616 sqft (57.2 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 308 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 308, Prime Residency 1

Starts from the last sale price (AED 440K, 8 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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