1-bed · 806 sqftPrime Residency 2, International City · 2nd floor · completed 2010

228, Prime Residency 2

Sold prices and rental history: sold 4 times, last in January 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 228 · DLD and Ejari recordsUpdated 14 January 2020
Last soldAED 335K14 January 2020
Current rentAED 40K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 228, Prime Residency 2

What is 228 worth today?

Last sold for AED 335,000 in 2020

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14 Jan 2020SoldReady
AED 335,000AED 415 per sqft
1 Aug 2018RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
28 Oct 2017RentedNew contract
AED 44,000/yr12 months · AED 55 per sqft
3 Sep 2016RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
27 Aug 2013RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
7 Apr 2013SoldReady
AED 425,000AED 527 per sqft
10 Sep 2012SoldReady
AED 741,000AED 919 per sqft
10 May 2009Sold by developerOff-plan
AED 741,000AED 919 per sqft

Source: Dubai Land Department. Updated 14 January 2020.

Key facts

Type
1-bed apartment
Size
806 sqft
Floor
2nd of 4
Parking
B-112
Developer
Prescott Investments
Completed
2010
Service charge
AED 8,600 /yr
Last sold
AED 335K · January 2020

About 228, Prime Residency 2

228 is a one-bedroom apartment of 806 sqft on the 2nd floor of Prime Residency 2, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 14 January 2020 for AED 335,000, or AED 415 per sqft, 13% below the AED 477 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 August 2018, is AED 40,000 a year: a gross yield of 11.9% on the 2020 price, before the service charge of about AED 8,600 a year.

Sales and rents for 228 over time

Sales
Unit 228, each saleTypical one-bed in Prime Residency 2
400K600K800K2009201420192024Typical 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 741,000 (AED 919 per sqft)Sold, September 2012: AED 741,000 (AED 919 per sqft)Sold, April 2013: AED 425,000 (AED 527 per sqft)Sold, January 2020: AED 335,000 (AED 415 per sqft)

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

Rents
Unit 228, each contractTypical one-bed in Prime Residency 2
20K40K60K2012201620202024Typical 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, August 2013: AED 42,000 a yearNew contract, September 2016: AED 60,000 a yearNew contract, October 2017: AED 44,000 a yearNew contract, August 2018: AED 40,000 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 228 sits

All 108 1-beds →

228 last sold in January 2020 at AED 415 per sqft, 13% below what one-beds in Prime Residency 2 were fetching at the time (AED 477). 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. 228's AED 40,000 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 2nd floor

All 164 units in Prime Residency 2
Value
2012-bedAED 612K · Oct 2013
2022-bedAED 640K · Oct 2024
2032-bedAED 720K · Nov 2025
2041-bedAED 470K · Aug 2025
2051-bedAED 315K · May 2022
2061-bedAED 300K · Feb 2021
2071-bedAED 480K · Dec 2025
1–7 of 40

228, Prime Residency 2 in numbers

  • Sold 4 times: first on 10 May 2009 for AED 741,000, last on 14 January 2020 for AED 335,000 (AED 415 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 42,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 8,600 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 14 January 2020.

Questions about 228, Prime Residency 2

What did unit 228 last sell for?

AED 335,000 on 14 January 2020: AED 415 per sqft for 806 sqft. The unit has 4 registered sales; the first was AED 741,000 in May 2009.

What is the rent for unit 228?

AED 40,000 a year on the contract signed on 1 August 2018. The previous contract, from October 2017, was AED 44,000; the unit has been rented since August 2013.

How big is unit 228?

806 sqft (74.9 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 228 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 228, Prime Residency 2

Starts from the last sale price (AED 335K, 14 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 335,000
Deposit, UAE resident (20%)
AED 67,000
Deposit, non-resident (40%)
AED 134,000
Monthly over 25 years at 3.7%
AED 1,371

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