1-bed · 644 sqftPrime Residency 2, International City · 1st floor · completed 2010

123, Prime Residency 2

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

Unit 123 · DLD and Ejari recordsUpdated 17 July 2023
Last soldAED 572K24 June 2012
Current rentAED 33K /yr17 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 123, Prime Residency 2

What is 123 worth today?

Last sold for AED 572,000 in 2012

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17 Jul 2023RentedRenewal
AED 33,000/yr12 months · AED 51 per sqft
17 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
3 Jul 2021RentedRenewal
AED 27,000/yr12 months · AED 42 per sqft
3 Jul 2020RentedRenewal
AED 32,000/yr12 months · AED 50 per sqft
3 Jul 2019RentedRenewal
AED 37,000/yr12 months · AED 57 per sqft
3 Jul 2018RentedRenewal
AED 44,000/yr12 months · AED 68 per sqft
3 Jul 2017RentedNew contract
AED 45,000/yr12 months · AED 70 per sqft
5 Jun 2016RentedRenewal
AED 53,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 17 July 2023.

Key facts

Type
1-bed apartment
Size
644 sqft
Floor
1st of 4
Parking
B-34
Developer
Prescott Investments
Completed
2010
Service charge
AED 6,900 /yr
Last sold
AED 572K · June 2012

About 123, Prime Residency 2

123 is a one-bedroom apartment of 644 sqft on the 1st floor of Prime Residency 2, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 24 June 2012 for AED 572,000, or AED 888 per sqft, in line with the AED 877 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 17 July 2023, is AED 33,000 a year: a gross yield of 5.8% on the 2012 price, before the service charge of about AED 6,900 a year.

Sales and rents for 123 over time

Sales
Unit 123, each saleTypical one-bed in Prime Residency 2
400K600K2009201420192024Typical sale price by year: 2009 AED 579,000; 2011 AED 567,500; 2012 AED 569,500; 2013 AED 462,500; 2014 AED 575,000; 2015 AED 535,000; 2016 AED 510,000; 2017 AED 475,000; 2018 AED 382,500; 2019 AED 342,500; 2020 AED 320,000; 2021 AED 305,000; 2022 AED 315,000; 2023 AED 350,000; 2024 AED 400,000; 2025 AED 442,500; 2026 AED 500,000Sold by developer, May 2009: AED 572,000 (AED 888 per sqft)Sold, June 2012: AED 572,000 (AED 888 per sqft)

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

Rents
Unit 123, each contractTypical one-bed in Prime Residency 2
40K2012201620202024Typical rent by year: 2012 AED 31,000; 2013 AED 34,050; 2014 AED 44,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 46,000; 2018 AED 40,500; 2019 AED 34,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,775; 2023 AED 31,625; 2024 AED 35,710; 2025 AED 40,000; 2026 AED 43,000New contract, May 2012: AED 30,000 a yearRenewal, May 2013: AED 33,000 a yearNew contract, May 2013: AED 33,000 a yearNew contract, June 2014: AED 53,000 a yearRenewal, June 2015: AED 53,000 a yearRenewal, June 2016: AED 53,000 a yearNew contract, July 2017: AED 45,000 a yearRenewal, July 2018: AED 44,000 a yearRenewal, July 2019: AED 37,000 a yearRenewal, July 2020: AED 32,000 a yearRenewal, July 2021: AED 27,000 a yearNew contract, July 2022: AED 30,000 a yearRenewal, July 2023: AED 33,000 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 2, and where 123 sits

All 108 1-beds →

123 last sold in June 2012 at AED 888 per sqft, in line with what one-beds in Prime Residency 2 were fetching at the time (AED 877). Over the last 12 months one-beds sold for AED 320,000 to 550,000, around AED 758 per sqft, and rent for AED 32,000 to 55,000 a year. 123's AED 33,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2026550,000
17 Aug 2026500,000
3 Aug 2026500,000
27 Dec 2025550,000
8 1-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

123, Prime Residency 2 in numbers

  • Sold twice: first on 10 May 2009 for AED 572,000, last on 24 June 2012 for AED 572,000 (AED 888 per sqft).
  • Rented since May 2012 on 13 Ejari contracts, from AED 30,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2012 price is 5.8%, before a service charge of about AED 6,900 a year (AED 10.70 per sqft).
  • One-beds in Prime Residency 2 sold for AED 320,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 760 per sqft.

Source: Dubai Land Department. Updated 17 July 2023.

Questions about 123, Prime Residency 2

What did unit 123 last sell for?

AED 572,000 on 24 June 2012: AED 888 per sqft for 644 sqft. The unit has 2 registered sales; the first was AED 572,000 in May 2009.

What is the rent for unit 123?

AED 33,000 a year on the contract renewed on 17 July 2023. The previous contract, from July 2022, was AED 30,000; the unit has been rented since May 2012.

How big is unit 123?

644 sqft (59.8 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2010.

What is unit 123 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 2 sold for AED 320,000 to 550,000 in the last 12 months, around AED 758 per sqft.

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Mortgage on 123, Prime Residency 2

Starts from the last sale price (AED 572K, 24 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 572,000
Deposit, UAE resident (20%)
AED 114,400
Deposit, non-resident (40%)
AED 228,800
Monthly over 25 years at 3.7%
AED 2,340

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