2-bed · 982 sqftPrime Residency 2, International City · 2nd floor · completed 2010

238, Prime Residency 2

Sold prices and rental history: sold 4 times, last in November 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 238 · DLD and Ejari recordsUpdated 7 November 2017
Last soldAED 348K7 November 2017
Current rentAED 65K /yr11 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 238, Prime Residency 2

What is 238 worth today?

Last sold for AED 347,500 in 2017

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7 Nov 2017SoldReady
AED 347,500AED 353 per sqft
17 Jun 2014SoldReady
AED 830,000AED 845 per sqft
11 May 2014RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
23 Jul 2013SoldReady
AED 893,000AED 909 per sqft
5 Nov 2012RentedNew contract
AED 38,000/yr12 months · AED 39 per sqft
3 Jun 2009Sold by developerOff-plan
AED 893,000AED 909 per sqft

Source: Dubai Land Department. Updated 7 November 2017.

Key facts

Type
2-bed apartment
Size
982 sqft
Floor
2nd of 4
Parking
B-118
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,500 /yr
Last sold
AED 348K · November 2017

About 238, Prime Residency 2

238 is a two-bedroom apartment of 982 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 7 November 2017 for AED 347,500, or AED 353 per sqft, 38% below the AED 568 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 11 May 2014, is AED 65,000 a year: a gross yield of 18.7% on the 2017 price, before the service charge of about AED 10,500 a year.

Sales and rents for 238 over time

Sales
Unit 238, each saleTypical two-bed in Prime Residency 2
250K500K750K2009201420192024Typical 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, June 2009: AED 893,000 (AED 909 per sqft)Sold, July 2013: AED 893,000 (AED 909 per sqft)Sold, June 2014: AED 830,000 (AED 845 per sqft)Sold, November 2017: AED 347,500 (AED 353 per sqft)

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

Rents
Unit 238, 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, November 2012: AED 38,000 a yearNew contract, May 2014: AED 65,000 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 238 sits

All 56 2-beds →

238 last sold in November 2017 at AED 353 per sqft, 38% below what two-beds in Prime Residency 2 were fetching at the time (AED 568). 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. 238's AED 65,000 is in the upper 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 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

238, Prime Residency 2 in numbers

  • Sold 4 times: first on 3 June 2009 for AED 893,000, last on 7 November 2017 for AED 347,500 (AED 353 per sqft).
  • Rented since November 2012 on 2 Ejari contracts, from AED 38,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 18.7%, before a service charge of about AED 10,500 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 7 November 2017.

Questions about 238, Prime Residency 2

What did unit 238 last sell for?

AED 347,500 on 7 November 2017: AED 353 per sqft for 982 sqft. The unit has 4 registered sales; the first was AED 893,000 in June 2009.

What is the rent for unit 238?

AED 65,000 a year on the contract signed on 11 May 2014. The previous contract, from November 2012, was AED 38,000.

How big is unit 238?

982 sqft (91.2 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 238 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 238, Prime Residency 2

Starts from the last sale price (AED 348K, 7 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 347,500
Deposit, UAE resident (20%)
AED 69,500
Deposit, non-resident (40%)
AED 139,000
Monthly over 25 years at 3.7%
AED 1,422

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