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2-bed · 969 sqftPrime Residency 1, International City · 4th floor · completed 2010

418, Prime Residency 1

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 16 January 2022
Last soldAED 764K2 January 2013
Current rentAED 37K /yr16 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 418, Prime Residency 1

What is 418 worth today?

Last sold for AED 763,831 in 2013

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16 Jan 2022RentedNew contract
AED 37,000/yr12 months · AED 38 per sqft
16 Jan 2021RentedNew contract
AED 37,000/yr12 months · AED 38 per sqft
15 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
10 Dec 2019RentedRenewal
AED 46,000/yr12 months · AED 47 per sqft
10 Dec 2018RentedRenewal
AED 54,000/yr12 months · AED 56 per sqft
10 Dec 2017RentedRenewal
AED 63,000/yr12 months · AED 65 per sqft
10 Dec 2016RentedRenewal
AED 68,000/yr12 months · AED 70 per sqft
10 Dec 2015RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 16 January 2022.

Key facts

Type
2-bed apartment
Size
969 sqft
Floor
4th of 4
Parking
B-19
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,600 /yr
Last sold
AED 764K · January 2013
Building
Prime Residency 1

About 418, Prime Residency 1

418 is a two-bedroom apartment of 969 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 2 January 2013 for AED 763,831, or AED 788 per sqft, in line with the AED 779 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 16 January 2022, is AED 37,000 a year: a gross yield of 4.8% on the 2013 price, before the service charge of about AED 10,600 a year.

Sales and rents for 418 over time

Sales
Unit 418, 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, June 2009: AED 763,831 (AED 788 per sqft)Sold, January 2013: AED 763,831 (AED 788 per sqft)

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

Rents
Unit 418, 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, December 2015: AED 70,000 a yearRenewal, December 2016: AED 68,000 a yearRenewal, December 2017: AED 63,000 a yearRenewal, December 2018: AED 54,000 a yearRenewal, December 2019: AED 46,000 a yearNew contract, December 2020: AED 40,000 a yearNew contract, January 2021: AED 37,000 a yearNew contract, January 2022: AED 37,000 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 418 sits

All 56 2-beds →

418 last sold in January 2013 at AED 788 per sqft, in line with what two-beds in Prime Residency 1 were fetching at the time (AED 779). 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. 418's AED 37,000 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 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

418, Prime Residency 1 in numbers

  • Sold twice: first on 2 June 2009 for AED 763,831, last on 2 January 2013 for AED 763,831 (AED 788 per sqft).
  • Rented since December 2015 on 8 Ejari contracts, from AED 70,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2013 price is 4.8%, before a service charge of about AED 10,600 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 16 January 2022.

Questions about 418, Prime Residency 1

What did unit 418 last sell for?

AED 763,831 on 2 January 2013: AED 788 per sqft for 969 sqft. The unit has 2 registered sales; the first was AED 763,831 in June 2009.

What is the rent for unit 418?

AED 37,000 a year on the contract signed on 16 January 2022. The previous contract, from January 2021, was AED 37,000; the unit has been rented since December 2015.

How big is unit 418?

969 sqft (90.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 418 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 418, Prime Residency 1

Starts from the last sale price (AED 764K, 2 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 763,831
Deposit, UAE resident (20%)
AED 152,766
Deposit, non-resident (40%)
AED 305,532
Monthly over 25 years at 3.7%
AED 3,125

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