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1-bed · 687 sqftPrime Residency 1, International City · 4th floor · completed 2010

437, Prime Residency 1

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 437 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 516K30 September 2013
Current rentAED 35K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 437, Prime Residency 1

What is 437 worth today?

Last sold for AED 516,392 in 2013

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28 Aug 2024RentedRenewal
AED 34,650/yr12 months · AED 50 per sqft
28 Aug 2023RentedRenewal
AED 33,000/yr12 months · AED 48 per sqft
28 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
28 Jul 2021RentedRenewal
AED 32,000/yr12 months · AED 47 per sqft
28 Jul 2020RentedRenewal
AED 32,000/yr12 months · AED 47 per sqft
28 Jul 2019RentedRenewal
AED 39,000/yr12 months · AED 57 per sqft
28 Jul 2018RentedRenewal
AED 44,000/yr12 months · AED 64 per sqft
28 Jul 2017RentedRenewal
AED 46,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 28 August 2024.

Key facts

Type
1-bed apartment
Size
687 sqft
Floor
4th of 4
Parking
B-14
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,500 /yr
Last sold
AED 516K · September 2013
Building
Prime Residency 1

About 437, Prime Residency 1

437 is a one-bedroom apartment of 687 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 30 September 2013 for AED 516,392, or AED 751 per sqft, 6% below the AED 795 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 28 August 2024, is AED 34,650 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 7,500 a year.

Sales and rents for 437 over time

Sales
Unit 437, 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, July 2009: AED 516,392 (AED 751 per sqft)Sold, September 2013: AED 516,392 (AED 751 per sqft)

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

Rents
Unit 437, 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, April 2012: AED 32,000 a yearNew contract, July 2013: AED 40,000 a yearRenewal, July 2014: AED 44,000 a yearRenewal, July 2015: AED 46,000 a yearRenewal, July 2016: AED 46,000 a yearRenewal, July 2017: AED 46,000 a yearRenewal, July 2018: AED 44,000 a yearRenewal, July 2019: AED 39,000 a yearRenewal, July 2020: AED 32,000 a yearRenewal, July 2021: AED 32,000 a yearNew contract, August 2022: AED 30,000 a yearRenewal, August 2023: AED 33,000 a yearRenewal, August 2024: AED 34,650 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 437 sits

All 108 1-beds →

437 last sold in September 2013 at AED 751 per sqft, 6% below 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. 437's AED 34,650 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

437, Prime Residency 1 in numbers

  • Sold twice: first on 14 July 2009 for AED 516,392, last on 30 September 2013 for AED 516,392 (AED 751 per sqft).
  • Rented since April 2012 on 13 Ejari contracts, from AED 32,000 to AED 34,650 a year.
  • At AED 34,650 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 7,500 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 28 August 2024.

Questions about 437, Prime Residency 1

What did unit 437 last sell for?

AED 516,392 on 30 September 2013: AED 751 per sqft for 687 sqft. The unit has 2 registered sales; the first was AED 516,392 in July 2009.

What is the rent for unit 437?

AED 34,650 a year on the contract renewed on 28 August 2024. The previous contract, from August 2023, was AED 33,000; the unit has been rented since April 2012.

How big is unit 437?

687 sqft (63.8 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 437 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 437, Prime Residency 1

Starts from the last sale price (AED 516K, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 516,392
Deposit, UAE resident (20%)
AED 103,278
Deposit, non-resident (40%)
AED 206,557
Monthly over 25 years at 3.7%
AED 2,113

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