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1-bed · 643 sqftPrime Residency 1, International City · 4th floor · completed 2010

407, Prime Residency 1

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 26 August 2026
Last soldAED 500K28 December 2011
Current rentAED 43K /yr26 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Prime Residency 1

What is 407 worth today?

Last sold for AED 500,050 in 2011

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26 Aug 2026RentedNew contract
AED 43,000/yr12 months · AED 67 per sqft
27 Jul 2025RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft
27 Jul 2024RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
1 Feb 2024RentedRenewal
AED 32,340/yr12 months · AED 50 per sqft
1 Feb 2023RentedRenewal
AED 30,800/yr12 months · AED 48 per sqft
1 Feb 2022RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
1 Feb 2020RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
29 Dec 2018RentedNew contract
AED 37,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 26 August 2026.

Key facts

Type
1-bed apartment
Size
643 sqft
Floor
4th of 4
Parking
B-03
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,100 /yr
Last sold
AED 500K · December 2011
Building
Prime Residency 1

About 407, Prime Residency 1

407 is a one-bedroom apartment of 643 sqft on the 4th floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 28 December 2011 for AED 500,050, or AED 777 per sqft, 54% above the AED 504 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 26 August 2026, is AED 43,000 a year: a gross yield of 8.6% on the 2011 price, before the service charge of about AED 7,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, June 2009: AED 500,050 (AED 777 per sqft)Sold, December 2011: AED 500,050 (AED 777 per sqft)

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

Rents
Unit 407, 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, August 2013: AED 40,000 a yearNew contract, December 2013: AED 42,000 a yearNew contract, December 2014: AED 46,000 a yearNew contract, December 2017: AED 42,000 a yearNew contract, December 2018: AED 37,000 a yearNew contract, February 2020: AED 32,000 a yearNew contract, February 2022: AED 28,000 a yearRenewal, February 2023: AED 30,800 a yearRenewal, February 2024: AED 32,340 a yearNew contract, July 2024: AED 40,000 a yearRenewal, July 2025: AED 42,000 a yearNew contract, August 2026: AED 43,000 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 407 sits

All 108 1-beds →

407 last sold in December 2011 at AED 777 per sqft, 54% above what one-beds in Prime Residency 1 were fetching at the time (AED 504). 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. 407's AED 43,000 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 4th floor

All 164 units in Prime Residency 1
Value
4012-bedAED 515K · Jan 2013
4022-bedAED 744K · Jul 2012
4032-bedAED 744K · May 2013
4041-bedAED 300K · Oct 2012
4051-bedAED 535K · Jan 2014
4061-bedAED 480K · Sep 2026
4081-bedAED 350K · May 2023
1–7 of 40

407, Prime Residency 1 in numbers

  • Sold twice: first on 2 June 2009 for AED 500,050, last on 28 December 2011 for AED 500,050 (AED 777 per sqft).
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2022 and recovered to AED 43,000 by August 2026.
  • At AED 43,000 a year the gross yield on the 2011 price is 8.6%, 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 August 2026.

Questions about 407, Prime Residency 1

What did unit 407 last sell for?

AED 500,050 on 28 December 2011: AED 777 per sqft for 643 sqft. The unit has 2 registered sales; the first was AED 500,050 in June 2009.

What is the rent for unit 407?

AED 43,000 a year on the contract signed on 26 August 2026. The previous contract, from July 2025, was AED 42,000; the unit has been rented since August 2013.

How big is unit 407?

643 sqft (59.7 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 407 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 407, Prime Residency 1

Starts from the last sale price (AED 500K, 28 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 500,050
Deposit, UAE resident (20%)
AED 100,010
Deposit, non-resident (40%)
AED 200,020
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 →