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1-bed · 639 sqftPrime Residency 1, International City · 4th floor · completed 2010

427, Prime Residency 1

Sold prices and rental history: sold 4 times, last in August 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 427 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 505K28 August 2016
Current rentAED 23K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 427, Prime Residency 1

What is 427 worth today?

Last sold for AED 505,000 in 2016

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1 Nov 2020RentedNew contract
AED 23,000/yr12 months · AED 36 per sqft
1 Mar 2019RentedNew contract
AED 34,000/yr12 months · AED 54 per sqft
1 Jan 2018RentedNew contract
AED 43,000/yr12 months · AED 68 per sqft
29 Oct 2016RentedNew contract
AED 48,000/yr12 months · AED 76 per sqft
28 Aug 2016SoldReady
AED 505,000AED 790 per sqft
16 Jul 2014RentedNew contract
AED 49,000/yr12 months · AED 77 per sqft
26 Mar 2014RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
25 Mar 2014SoldReady
AED 545,000AED 852 per sqft

Source: Dubai Land Department. Updated 1 November 2020.

Key facts

Type
1-bed apartment
Size
639 sqft
Floor
4th of 4
Parking
B-28
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,000 /yr
Last sold
AED 505K · August 2016
Building
Prime Residency 1

About 427, Prime Residency 1

427 is a one-bedroom apartment of 639 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 August 2016 for AED 505,000, or AED 790 per sqft, in line with the AED 795 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 November 2020, is AED 23,000 a year: a gross yield of 4.5% on the 2016 price, before the service charge of about AED 7,000 a year.

Sales and rents for 427 over time

Sales
Unit 427, 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 505,002 (AED 790 per sqft)Sold, April 2012: AED 505,002 (AED 790 per sqft)Sold, March 2014: AED 545,000 (AED 852 per sqft)Sold, August 2016: AED 505,000 (AED 790 per sqft)

427 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 427, 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, March 2014: AED 45,000 a yearNew contract, July 2014: AED 49,000 a yearNew contract, October 2016: AED 48,000 a yearNew contract, January 2018: AED 43,000 a yearNew contract, March 2019: AED 34,000 a yearNew contract, November 2020: AED 23,000 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 427 sits

All 108 1-beds →

427 last sold in August 2016 at AED 790 per sqft, in line with what one-beds in Prime Residency 1 were fetching at the time (AED 795). 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. 427's AED 23,000 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 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

427, Prime Residency 1 in numbers

  • Sold 4 times: first on 2 June 2009 for AED 505,002, last on 28 August 2016 for AED 505,000 (AED 790 per sqft).
  • Rented since March 2014 on 6 Ejari contracts, from AED 45,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2016 price is 4.5%, before a service charge of about AED 7,000 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 1 November 2020.

Questions about 427, Prime Residency 1

What did unit 427 last sell for?

AED 505,000 on 28 August 2016: AED 790 per sqft for 639 sqft. The unit has 4 registered sales; the first was AED 505,002 in June 2009.

What is the rent for unit 427?

AED 23,000 a year on the contract signed on 1 November 2020. The previous contract, from March 2019, was AED 34,000; the unit has been rented since March 2014.

How big is unit 427?

639 sqft (59.4 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 427 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 427, Prime Residency 1

Starts from the last sale price (AED 505K, 28 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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