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1-bed · 642 sqftPrime Residency 2, International City · 3rd floor · completed 2010

312, Prime Residency 2

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 263K27 November 2023
Current rentAED 42K /yr23 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Prime Residency 2

What is 312 worth today?

Last sold for AED 263,000 in 2023

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27 Nov 2023SoldReady
AED 263,000AED 409 per sqft
23 Jan 2018RentedNew contract
AED 42,000/yr12 months · AED 65 per sqft
15 Jan 2017RentedNew contract
AED 48,000/yr12 months · AED 74 per sqft
22 Jun 2016RentedNew contract
AED 54,000/yr12 months · AED 84 per sqft
15 Sep 2014SoldReady
AED 591,000AED 920 per sqft
15 May 2013RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
3 Jun 2009Sold by developerOff-plan
AED 591,000AED 920 per sqft

Source: Dubai Land Department. Updated 27 November 2023.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
3rd of 4
Parking
B-86
Developer
Prescott Investments
Completed
2010
Service charge
AED 6,900 /yr
Last sold
AED 263K · November 2023
Building
Prime Residency 2

About 312, Prime Residency 2

312 is a one-bedroom apartment of 642 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 27 November 2023 for AED 263,000, or AED 409 per sqft, 24% below the AED 540 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 23 January 2018, is AED 42,000 a year: a gross yield of 16.0% on the 2023 price, before the service charge of about AED 6,900 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, June 2009: AED 591,000 (AED 920 per sqft)Sold, September 2014: AED 591,000 (AED 920 per sqft)Sold, November 2023: AED 263,000 (AED 409 per sqft)

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

Rents
Unit 312, 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 2013: AED 40,000 a yearNew contract, June 2016: AED 54,000 a yearNew contract, January 2017: AED 48,000 a yearNew contract, January 2018: AED 42,000 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 312 sits

All 108 1-beds →

312 last sold in November 2023 at AED 409 per sqft, 24% below what one-beds in Prime Residency 2 were fetching at the time (AED 540). 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. 312's AED 42,000 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 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

312, Prime Residency 2 in numbers

  • Sold 3 times: first on 3 June 2009 for AED 591,000, last on 27 November 2023 for AED 263,000 (AED 409 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 40,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 16.0%, 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 27 November 2023.

Questions about 312, Prime Residency 2

What did unit 312 last sell for?

AED 263,000 on 27 November 2023: AED 409 per sqft for 642 sqft. The unit has 3 registered sales; the first was AED 591,000 in June 2009.

What is the rent for unit 312?

AED 42,000 a year on the contract signed on 23 January 2018. The previous contract, from January 2017, was AED 48,000; the unit has been rented since May 2013.

How big is unit 312?

642 sqft (59.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 312 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 312, Prime Residency 2

Starts from the last sale price (AED 263K, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 263,000
Deposit, UAE resident (20%)
AED 52,600
Deposit, non-resident (40%)
AED 105,200
Monthly over 25 years at 3.7%
AED 1,076

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