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2-bed · 980 sqftPrime Residency 2, International City · 3rd floor · completed 2010

318, Prime Residency 2

Sold prices and rental history: sold 3 times, last in October 2015, and rented once, from December 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 7 October 2015
Last soldAED 800K7 October 2015
Current rentAED 42K /yr16 December 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 318, Prime Residency 2

What is 318 worth today?

Last sold for AED 800,000 in 2015

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7 Oct 2015SoldReady
AED 800,000AED 816 per sqft
16 Dec 2013RentedNew contract
AED 42,000/yr6 months · AED 43 per sqft
16 Aug 2012SoldReady
AED 892,000AED 910 per sqft
3 Jun 2009Sold by developerOff-plan
AED 892,000AED 910 per sqft

Source: Dubai Land Department. Updated 7 October 2015.

Key facts

Type
2-bed apartment
Size
980 sqft
Floor
3rd of 4
Parking
B-46
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,500 /yr
Last sold
AED 800K · October 2015
Building
Prime Residency 2

About 318, Prime Residency 2

318 is a two-bedroom apartment of 980 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 7 October 2015 for AED 800,000, or AED 816 per sqft, in line with the AED 840 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 December 2013. The current contract, signed on 16 December 2013, is AED 42,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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 892,000 (AED 910 per sqft)Sold, August 2012: AED 892,000 (AED 910 per sqft)Sold, October 2015: AED 800,000 (AED 816 per sqft)

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

Rents
Unit 318, 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, December 2013: AED 42,000 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 318 sits

All 56 2-beds →

318 last sold in October 2015 at AED 816 per sqft, in line with what two-beds in Prime Residency 2 were fetching at the time (AED 840). 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. 318's AED 42,000 is in the lower 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

318, Prime Residency 2 in numbers

  • Sold 3 times: first on 3 June 2009 for AED 892,000, last on 7 October 2015 for AED 800,000 (AED 816 per sqft).
  • Rented since December 2013 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2015 price is 5.3%, 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 October 2015.

Questions about 318, Prime Residency 2

What did unit 318 last sell for?

AED 800,000 on 7 October 2015: AED 816 per sqft for 980 sqft. The unit has 3 registered sales; the first was AED 892,000 in June 2009.

What is the rent for unit 318?

AED 42,000 a year on the contract signed on 16 December 2013.

How big is unit 318?

980 sqft (91.0 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 318 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 318, Prime Residency 2

Starts from the last sale price (AED 800K, 7 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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