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2-bed · 1,056 sqftPrime Residency 2, International City · 1st floor · completed 2010

120, Prime Residency 2

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 480K16 December 2012
Current rentAED 46K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, Prime Residency 2

What is 120 worth today?

Last sold for AED 480,000 in 2012

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1 Feb 2024RentedRenewal
AED 46,000/yr12 months · AED 44 per sqft
1 Feb 2023RentedNew contract
AED 42,000/yr12 months · AED 40 per sqft
5 Apr 2022RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
15 Jun 2021RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
15 May 2020RentedRenewal
AED 45,000/yr13 months · AED 43 per sqft
15 May 2019RentedRenewal
AED 49,000/yr12 months · AED 46 per sqft
15 May 2018RentedNew contract
AED 52,000/yr12 months · AED 49 per sqft
30 Jul 2017RentedRenewal
AED 62,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
2-bed apartment
Size
1,056 sqft
Floor
1st of 4
Parking
B-115
Developer
Prescott Investments
Completed
2010
Service charge
AED 11,300 /yr
Last sold
AED 480K · December 2012
Building
Prime Residency 2

About 120, Prime Residency 2

120 is a two-bedroom apartment of 1,056 sqft on the 1st floor of Prime Residency 2, a 4-storey tower in International City completed in 2010 by Prescott Investments. The developer sold it on 16 December 2012 for AED 480,000, or AED 454 per sqft, 49% below the AED 889 two-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 1 February 2024, is AED 46,000 a year: a gross yield of 9.6% on the 2012 price, before the service charge of about AED 11,300 a year.

Sales and rents for 120 over time

Sales
Unit 120, each saleTypical two-bed in Prime Residency 2
600K800K2009201420192024Typical sale price by year: 2009 AED 874,500; 2011 AED 559,103; 2012 AED 853,000; 2013 AED 590,000; 2014 AED 840,000; 2015 AED 795,000; 2017 AED 567,500; 2022 AED 493,000; 2023 AED 560,000; 2024 AED 640,000; 2025 AED 550,000; 2026 AED 715,000Sold by developer, December 2012: AED 480,000 (AED 454 per sqft)

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

Rents
Unit 120, each contractTypical two-bed in Prime Residency 2
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 45,000; 2014 AED 60,000; 2015 AED 67,000; 2016 AED 65,500; 2017 AED 61,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 38,000; 2022 AED 40,350; 2023 AED 45,000; 2024 AED 49,000; 2025 AED 53,000; 2026 AED 60,000New contract, July 2012: AED 45,000 a yearRenewal, July 2013: AED 45,000 a yearRenewal, July 2014: AED 60,000 a yearRenewal, July 2015: AED 62,000 a yearRenewal, July 2016: AED 62,000 a yearRenewal, July 2017: AED 62,000 a yearNew contract, May 2018: AED 52,000 a yearRenewal, May 2019: AED 49,000 a yearRenewal, May 2020: AED 45,000 a yearRenewal, June 2021: AED 40,000 a yearNew contract, April 2022: AED 40,000 a yearNew contract, February 2023: AED 42,000 a yearRenewal, February 2024: AED 46,000 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 2, and where 120 sits

All 56 2-beds →

120 last sold in December 2012 at AED 454 per sqft, 49% below what two-beds in Prime Residency 2 were fetching at the time (AED 889). Over the last 12 months two-beds sold for AED 660,000 to 750,000, around AED 760 per sqft, and rent for AED 30,000 to 74,000 a year. 120's AED 46,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Sep 2026660,000
18 Aug 2026680,000
18 May 2026750,000
5 Jan 2026750,000
5 2-bed sales in the last 12 months

Prime Residency 2

Building

164 apartments, 1-bed to 2-bed over 4 floors in International City, completed in 2010 by Prescott Investments. 13 sold in the last 12 months.

Typical price per sqft
AED 760 Up 10.6%
Typical sale
AED 550K
Typical rent
AED 45K /yr
Typical yield
8.5%
Prime Residency 2, International City: prices, sales and rents →

Other units on the 1st floor

All 164 units in Prime Residency 2
Value
1012-bedAED 560K · Aug 2023
1022-bedAED 459K · Jan 2013
1032-bedAED 750K · Jan 2026
1041-bedAED 445K · Jul 2025
1051-bedAED 485K · Feb 2018
1061-bedAED 360K · Mar 2025
1071-bedAED 345K · May 2012
1–7 of 40

120, Prime Residency 2 in numbers

  • Sold once: by Prescott Investments on 16 December 2012 for AED 480,000, or AED 454 per sqft.
  • Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2022 and recovered to AED 46,000 by February 2024.
  • At AED 46,000 a year the gross yield on the 2012 price is 9.6%, before a service charge of about AED 11,300 a year (AED 10.70 per sqft).
  • Two-beds in Prime Residency 2 sold for AED 660,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 760 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about 120, Prime Residency 2

What did unit 120 last sell for?

AED 480,000 on 16 December 2012, sold by the developer: AED 454 per sqft for 1,056 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 46,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 42,000; the unit has been rented since July 2012.

How big is unit 120?

1,056 sqft (98.1 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2010.

What is unit 120 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 2 sold for AED 660,000 to 750,000 in the last 12 months, around AED 760 per sqft.

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Mortgage on 120, Prime Residency 2

Starts from the last sale price (AED 480K, 16 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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