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2-bed · 946 sqftPrime Residency 1, International City · 3rd floor · completed 2010

340, Prime Residency 1

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 340 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 500K12 March 2012
Current rentAED 60K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 340, Prime Residency 1

What is 340 worth today?

Last sold for AED 500,000 in 2012

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25 Dec 2025RentedRenewal
AED 60,000/yr12 months · AED 63 per sqft
25 Dec 2024RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
1 Oct 2023RentedRenewal
AED 44,770/yr12 months · AED 47 per sqft
1 Oct 2022RentedNew contract
AED 40,700/yr12 months · AED 43 per sqft
1 Oct 2020RentedNew contract
AED 38,000/yr12 months · AED 40 per sqft
10 Aug 2019RentedRenewal
AED 55,000/yr12 months · AED 58 per sqft
10 Feb 2019RentedRenewal
AED 55,000/yr6 months · AED 58 per sqft
10 Feb 2018RentedNew contract
AED 56,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
2-bed apartment
Size
946 sqft
Floor
3rd of 4
Parking
B-71
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,400 /yr
Last sold
AED 500K · March 2012
Building
Prime Residency 1

About 340, Prime Residency 1

340 is a two-bedroom apartment of 946 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 12 March 2012 for AED 500,000, or AED 528 per sqft, 22% below the AED 681 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 60,000 a year: a gross yield of 12.0% on the 2012 price, before the service charge of about AED 10,400 a year.

Sales and rents for 340 over time

Sales
Unit 340, 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, February 2012: AED 500,000 (AED 528 per sqft)Sold, March 2012: AED 500,000 (AED 528 per sqft)

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

Rents
Unit 340, 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, February 2018: AED 56,000 a yearRenewal, February 2019: AED 55,000 a yearRenewal, August 2019: AED 55,000 a yearNew contract, October 2020: AED 38,000 a yearNew contract, October 2022: AED 40,700 a yearRenewal, October 2023: AED 44,770 a yearNew contract, December 2024: AED 60,000 a yearRenewal, December 2025: AED 60,000 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 340 sits

All 56 2-beds →

340 last sold in March 2012 at AED 528 per sqft, 22% below what two-beds in Prime Residency 1 were fetching at the time (AED 681). 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. 340's AED 60,000 is in the upper 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
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

340, Prime Residency 1 in numbers

  • Sold twice: first on 7 February 2012 for AED 500,000, last on 12 March 2012 for AED 500,000 (AED 528 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 56,000 to AED 38,000 in 2020 and recovered to AED 60,000 by December 2025.
  • At AED 60,000 a year the gross yield on the 2012 price is 12.0%, 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 25 December 2025.

Questions about 340, Prime Residency 1

What did unit 340 last sell for?

AED 500,000 on 12 March 2012: AED 528 per sqft for 946 sqft. The unit has 2 registered sales; the first was AED 500,000 in February 2012.

What is the rent for unit 340?

AED 60,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 60,000; the unit has been rented since February 2018.

How big is unit 340?

946 sqft (87.9 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 340 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 340, Prime Residency 1

Starts from the last sale price (AED 500K, 12 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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