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1-bed · 633 sqftPrime Residency 2, International City · 4th floor · completed 2010

423, Prime Residency 2

Sold prices and rental history: sold 3 times, last in February 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 25 January 2022
Last soldAED 305K14 February 2021
Current rentAED 24K /yr25 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Prime Residency 2

What is 423 worth today?

Last sold for AED 305,000 in 2021

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25 Jan 2022RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
14 Feb 2021SoldReady
AED 305,000AED 481 per sqft
1 Jun 2019RentedNew contract
AED 37,500/yr12 months · AED 59 per sqft
12 Dec 2018SoldReady
AED 365,000AED 576 per sqft
1 Jun 2018RentedNew contract
AED 42,000/yr12 months · AED 66 per sqft
25 May 2018RentedNew contract
AED 42,000/yr12 months · AED 66 per sqft
15 Apr 2017RentedNew contract
AED 50,000/yr12 months · AED 79 per sqft
2 Apr 2016RentedRenewal
AED 60,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 25 January 2022.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
4th of 4
Parking
B-36
Developer
Prescott Investments
Completed
2010
Service charge
AED 6,800 /yr
Last sold
AED 305K · February 2021
Building
Prime Residency 2

About 423, Prime Residency 2

423 is a one-bedroom apartment of 633 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 14 February 2021 for AED 305,000, or AED 481 per sqft, in line with the AED 481 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 25 January 2022, is AED 24,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 6,800 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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, March 2012: AED 584,000 (AED 922 per sqft)Sold, December 2018: AED 365,000 (AED 576 per sqft)Sold, February 2021: AED 305,000 (AED 481 per sqft)

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

Rents
Unit 423, each contractTypical one-bed in Prime Residency 2
20K40K60K2012201620202024Typical 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, October 2012: AED 35,000 a yearNew contract, October 2013: AED 48,000 a yearNew contract, April 2015: AED 60,000 a yearRenewal, April 2016: AED 60,000 a yearNew contract, April 2017: AED 50,000 a yearNew contract, May 2018: AED 42,000 a yearNew contract, June 2018: AED 42,000 a yearNew contract, June 2019: AED 37,500 a yearNew contract, January 2022: AED 24,000 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 423 sits

All 108 1-beds →

423 last sold in February 2021 at AED 481 per sqft, in line with what one-beds in Prime Residency 2 were fetching at the time (AED 481). 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. 423's AED 24,000 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
4051-bedAED 300K · Nov 2021
4061-bedAED 500K · Aug 2026
4071-bedAED 535K · May 2016
1–7 of 40

423, Prime Residency 2 in numbers

  • Sold 3 times: first on 20 March 2012 for AED 584,000, last on 14 February 2021 for AED 305,000 (AED 481 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 35,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 6,800 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 25 January 2022.

Questions about 423, Prime Residency 2

What did unit 423 last sell for?

AED 305,000 on 14 February 2021: AED 481 per sqft for 633 sqft. The unit has 3 registered sales; the first was AED 584,000 in March 2012.

What is the rent for unit 423?

AED 24,000 a year on the contract signed on 25 January 2022. The previous contract, from June 2019, was AED 37,500; the unit has been rented since October 2012.

How big is unit 423?

633 sqft (58.8 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 423 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 423, Prime Residency 2

Starts from the last sale price (AED 305K, 14 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 305,000
Deposit, UAE resident (20%)
AED 61,000
Deposit, non-resident (40%)
AED 122,000
Monthly over 25 years at 3.7%
AED 1,248

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