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1-bed · 615 sqftPrime Residency 1, International City · 4th floor · completed 2010

408, Prime Residency 1

Sold prices and rental history: sold 6 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 350K29 May 2023
Current rentAED 34K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Prime Residency 1

What is 408 worth today?

Last sold for AED 350,000 in 2023

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25 Mar 2026RentedRenewal
AED 34,200/yr12 months · AED 56 per sqft
25 Mar 2025RentedRenewal
AED 32,550/yr12 months · AED 53 per sqft
25 Mar 2024RentedRenewal
AED 31,000/yr12 months · AED 50 per sqft
29 May 2023SoldReady
AED 350,000AED 569 per sqft
25 Mar 2023RentedNew contract
AED 31,000/yr12 months · AED 50 per sqft
24 Aug 2022SoldReady
AED 325,000AED 528 per sqft
1 Jan 2022RentedRenewal
AED 25,500/yr12 months · AED 42 per sqft
1 Jan 2021RentedRenewal
AED 23,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
1-bed apartment
Size
615 sqft
Floor
4th of 4
Parking
B-02
Developer
Prescott Investments
Completed
2010
Service charge
AED 6,800 /yr
Last sold
AED 350K · May 2023
Building
Prime Residency 1

About 408, Prime Residency 1

408 is a one-bedroom apartment of 615 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 29 May 2023 for AED 350,000, or AED 569 per sqft, 9% above the AED 520 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 34,200 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 6,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 505,745 (AED 822 per sqft)Sold, May 2009: AED 505,745 (AED 822 per sqft)Sold, June 2012: AED 505,745 (AED 822 per sqft)Sold, December 2013: AED 495,000 (AED 804 per sqft)Sold, August 2022: AED 325,000 (AED 528 per sqft)Sold, May 2023: AED 350,000 (AED 569 per sqft)

408 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, 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, January 2014: AED 50,000 a yearNew contract, January 2015: AED 50,000 a yearNew contract, December 2017: AED 43,000 a yearRenewal, December 2018: AED 37,000 a yearNew contract, January 2020: AED 33,000 a yearRenewal, January 2021: AED 23,000 a yearRenewal, January 2022: AED 25,500 a yearNew contract, March 2023: AED 31,000 a yearRenewal, March 2024: AED 31,000 a yearRenewal, March 2025: AED 32,550 a yearRenewal, March 2026: AED 34,200 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 408 sits

All 108 1-beds →

408 last sold in May 2023 at AED 569 per sqft, 9% above what one-beds in Prime Residency 1 were fetching at the time (AED 520). 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. 408's AED 34,200 is in the lower 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
4071-bedAED 500K · Dec 2011
1–7 of 40

408, Prime Residency 1 in numbers

  • Sold 6 times: first on 19 May 2009 for AED 505,745, last on 29 May 2023 for AED 350,000 (AED 569 per sqft).
  • Rented since January 2014 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 23,000 in 2021 and recovered to AED 34,200 by March 2026.
  • At AED 34,200 a year the gross yield on the 2023 price is 9.8%, 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 25 March 2026.

Questions about 408, Prime Residency 1

What did unit 408 last sell for?

AED 350,000 on 29 May 2023: AED 569 per sqft for 615 sqft. The unit has 6 registered sales; the first was AED 505,745 in May 2009.

What is the rent for unit 408?

AED 34,200 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 32,550; the unit has been rented since January 2014.

How big is unit 408?

615 sqft (57.1 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 408 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 408, Prime Residency 1

Starts from the last sale price (AED 350K, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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