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1-bed · 647 sqftPrime Residency 2, International City · 4th floor · completed 2010

405, Prime Residency 2

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

Unit 405 · DLD and Ejari recordsUpdated 10 November 2021
Last soldAED 300K10 November 2021
Current rentAED 27K /yr15 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, Prime Residency 2

What is 405 worth today?

Last sold for AED 300,000 in 2021

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10 Nov 2021SoldReady
AED 300,000AED 463 per sqft
15 Mar 2021RentedRenewal
AED 27,000/yr12 months · AED 42 per sqft
15 Mar 2020RentedRenewal
AED 35,000/yr12 months · AED 54 per sqft
15 Mar 2019RentedRenewal
AED 40,000/yr12 months · AED 62 per sqft
15 Mar 2018RentedRenewal
AED 46,200/yr12 months · AED 71 per sqft
15 Mar 2017RentedRenewal
AED 46,200/yr12 months · AED 71 per sqft
15 Mar 2016RentedRenewal
AED 46,200/yr12 months · AED 71 per sqft
15 Mar 2015RentedRenewal
AED 42,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 10 November 2021.

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
4th of 4
Parking
B-05
Developer
Prescott Investments
Completed
2010
Service charge
AED 6,900 /yr
Last sold
AED 300K · November 2021
Building
Prime Residency 2

About 405, Prime Residency 2

405 is a one-bedroom apartment of 647 sqft on the 4th floor of Prime Residency 2, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 10 November 2021 for AED 300,000, or AED 463 per sqft, in line with the AED 472 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 March 2021, is AED 27,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 6,900 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, December 2012: AED 319,256 (AED 493 per sqft)Sold, November 2021: AED 300,000 (AED 463 per sqft)

405 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, 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, March 2013: AED 31,000 a yearRenewal, March 2014: AED 37,000 a yearRenewal, March 2015: AED 42,000 a yearRenewal, March 2016: AED 46,200 a yearRenewal, March 2017: AED 46,200 a yearRenewal, March 2018: AED 46,200 a yearRenewal, March 2019: AED 40,000 a yearRenewal, March 2020: AED 35,000 a yearRenewal, March 2021: AED 27,000 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 405 sits

All 108 1-beds →

405 last sold in November 2021 at AED 463 per sqft, in line with what one-beds in Prime Residency 2 were fetching at the time (AED 472). 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. 405's AED 27,000 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 4th floor

All 164 units in Prime Residency 2
Value
4012-bedAED 550K · Mar 2025
4022-bedAED 675K · Dec 2024
4032-bedAED 849K · Apr 2012
4041-bedAED 155K · May 2024
4061-bedAED 500K · Aug 2026
4071-bedAED 535K · May 2016
4081-bedAED 400K · Aug 2024
1–7 of 40

405, Prime Residency 2 in numbers

  • Sold twice: first on 29 December 2012 for AED 319,256, last on 10 November 2021 for AED 300,000 (AED 463 per sqft).
  • Rented since March 2013 on 9 Ejari contracts, from AED 31,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2021 price is 9.0%, 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 10 November 2021.

Questions about 405, Prime Residency 2

What did unit 405 last sell for?

AED 300,000 on 10 November 2021: AED 463 per sqft for 647 sqft. The unit has 2 registered sales; the first was AED 319,256 in December 2012.

What is the rent for unit 405?

AED 27,000 a year on the contract renewed on 15 March 2021. The previous contract, from March 2020, was AED 35,000; the unit has been rented since March 2013.

How big is unit 405?

647 sqft (60.1 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 405 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 405, Prime Residency 2

Starts from the last sale price (AED 300K, 10 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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