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2-bed · 1,006 sqftPrime Residency 2, International City · 3rd floor · completed 2010

315, Prime Residency 2

Sold prices and rental history: sold 4 times, last in May 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 16 May 2019
Last soldAED 600K16 May 2019
Current rentAED 58K /yr27 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, Prime Residency 2

What is 315 worth today?

Last sold for AED 600,000 in 2019

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16 May 2019SoldReady
AED 600,000AED 596 per sqft
27 Jun 2018RentedRenewal
AED 58,000/yr12 months · AED 58 per sqft
27 Jun 2017RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
27 Jun 2016RentedRenewal
AED 68,000/yr12 months · AED 68 per sqft
27 Jun 2015RentedNew contract
AED 68,000/yr12 months · AED 68 per sqft
27 Jun 2013RentedNew contract
AED 53,000/yr12 months · AED 53 per sqft
22 May 2013SoldReady
AED 662,000AED 658 per sqft
3 Jul 2012SoldReady
AED 861,000AED 855 per sqft

Source: Dubai Land Department. Updated 16 May 2019.

Key facts

Type
2-bed apartment
Size
1,006 sqft
Floor
3rd of 4
Parking
B-83
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,800 /yr
Last sold
AED 600K · May 2019
Building
Prime Residency 2

About 315, Prime Residency 2

315 is a two-bedroom apartment of 1,006 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 16 May 2019 for AED 600,000, or AED 596 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 27 June 2018, is AED 58,000 a year: a gross yield of 9.7% on the 2019 price, before the service charge of about AED 10,800 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical two-bed in Prime Residency 2
600K800K2009201420192024Typical 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 861,000 (AED 855 per sqft)Sold, July 2012: AED 861,000 (AED 855 per sqft)Sold, May 2013: AED 662,000 (AED 658 per sqft)Sold, May 2019: AED 600,000 (AED 596 per sqft)

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

Rents
Unit 315, 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, June 2013: AED 53,000 a yearNew contract, June 2015: AED 68,000 a yearRenewal, June 2016: AED 68,000 a yearNew contract, June 2017: AED 65,000 a yearRenewal, June 2018: AED 58,000 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 315 sits

All 56 2-beds →

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. 315's AED 58,000 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 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

315, Prime Residency 2 in numbers

  • Sold 4 times: first on 3 June 2009 for AED 861,000, last on 16 May 2019 for AED 600,000 (AED 596 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 53,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2019 price is 9.7%, before a service charge of about AED 10,800 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 16 May 2019.

Questions about 315, Prime Residency 2

What did unit 315 last sell for?

AED 600,000 on 16 May 2019: AED 596 per sqft for 1,006 sqft. The unit has 4 registered sales; the first was AED 861,000 in June 2009.

What is the rent for unit 315?

AED 58,000 a year on the contract renewed on 27 June 2018. The previous contract, from June 2017, was AED 65,000; the unit has been rented since June 2013.

How big is unit 315?

1,006 sqft (93.5 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 315 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 315, Prime Residency 2

Starts from the last sale price (AED 600K, 16 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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