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1-bed · 308 sqftPrime Residency 2, International City · 3rd floor · completed 2010

308, Prime Residency 2

Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 28 April 2021
Last soldAED 125K28 April 2021
Current rentAED 23K /yr25 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Prime Residency 2

What is 308 worth today?

Last sold for AED 125,000 in 2021

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28 Apr 2021SoldReady
AED 125,000AED 405 per sqft
25 Dec 2020RentedNew contract
AED 23,000/yr12 months · AED 37 per sqft
13 Nov 2018RentedRenewal
AED 40,000/yr12 months · AED 65 per sqft
13 Nov 2017RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
9 Nov 2015RentedNew contract
AED 45,746/yr12 months · AED 75 per sqft
26 Nov 2013RentedNew contract
AED 44,000/yr12 months · AED 72 per sqft
9 Jan 2012SoldReady
AED 594,050AED 964 per sqft
3 Jun 2009Sold by developerOff-plan
AED 594,050AED 964 per sqft

Source: Dubai Land Department. Updated 28 April 2021.

Key facts

Type
1-bed apartment
Size
308 sqft
Floor
3rd of 4
Parking
B-74
Developer
Prescott Investments
Completed
2010
Service charge
AED 3,300 /yr
Last sold
AED 125K · April 2021
Building
Prime Residency 2

About 308, Prime Residency 2

308 is a one-bedroom apartment of 308 sqft on the 3rd floor of Prime Residency 2, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 28 April 2021 for AED 125,000, or AED 405 per sqft, 11% below the AED 454 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 December 2020, is AED 23,000 a year: a gross yield of 18.4% on the 2021 price, before the service charge of about AED 3,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Prime Residency 2
250K500K2009201420192024Typical 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, June 2009: AED 594,050 (AED 964 per sqft)Sold, January 2012: AED 594,050 (AED 964 per sqft)Sold, April 2021: AED 125,000 (AED 405 per sqft)

308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, each contractTypical one-bed in Prime Residency 2
20K40K2012201620202024Typical 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, November 2013: AED 44,000 a yearNew contract, November 2015: AED 45,746 a yearNew contract, November 2017: AED 45,000 a yearRenewal, November 2018: AED 40,000 a yearNew contract, December 2020: AED 23,000 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 308 sits

All 108 1-beds →

308 last sold in April 2021 at AED 405 per sqft, 11% below what one-beds in Prime Residency 2 were fetching at the time (AED 454). 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. 308's AED 23,000 is at the bottom 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 3rd floor

All 164 units in Prime Residency 2
Value
3012-bedAED 889K · Jul 2012
3022-bedAED 459K · Jan 2013
3032-bedAED 785K · Apr 2015
3041-bedAED 327K · Oct 2022
3051-bedAED 610K · Jun 2014
3061-bedAED 450K · Jul 2025
3071-bedAED 315K · Mar 2012
1–7 of 40

308, Prime Residency 2 in numbers

  • Sold 3 times: first on 3 June 2009 for AED 594,050, last on 28 April 2021 for AED 125,000 (AED 405 per sqft).
  • Rented since November 2013 on 5 Ejari contracts, from AED 44,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2021 price is 18.4%, before a service charge of about AED 3,300 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 28 April 2021.

Questions about 308, Prime Residency 2

What did unit 308 last sell for?

AED 125,000 on 28 April 2021: AED 405 per sqft for 308 sqft. The unit has 3 registered sales; the first was AED 594,050 in June 2009.

What is the rent for unit 308?

AED 23,000 a year on the contract signed on 25 December 2020. The previous contract, from November 2018, was AED 40,000; the unit has been rented since November 2013.

How big is unit 308?

308 sqft (28.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 308 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 308, Prime Residency 2

Starts from the last sale price (AED 125K, 28 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 125,000
Deposit, UAE resident (20%)
AED 25,000
Deposit, non-resident (40%)
AED 50,000
Monthly over 25 years at 3.7%
AED 511

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