2-bed · 1,300 sqftPrime Views, Meydan City · 1st floor · completed 2021

118, Prime Views

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 16 December 2020
Last soldAED 1.59M16 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Prime Views

What is 118 worth today?

Last sold for AED 1,589,598 in 2020

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16 Dec 2020Sold by developerOff-plan
AED 1,589,598AED 1,223 per sqft

Source: Dubai Land Department. Updated 16 December 2020.

Key facts

Type
2-bed apartment
Size
1,300 sqft
Floor
1st of 4
Parking
G-23
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.59M · December 2020
Building
Prime Views

About 118, Prime Views

118 is a two-bedroom apartment of 1,300 sqft on the 1st floor of Prime Views, a 4-storey tower in Meydan City completed in 2021 by Prescott Real Estate Development . The developer sold it on 16 December 2020 for AED 1,589,598, or AED 1,223 per sqft, 4% above the AED 1,173 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Prime Views
1.5M1.6M20182019202020212022Typical sale price by year: 2018 AED 1,562,435; 2020 AED 1,589,598; 2021 AED 1,476,982Sold by developer, December 2020: AED 1,589,598 (AED 1,223 per sqft)

118 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 118, each contractTypical two-bed in Prime Views
80K100K120K2021202320252027Typical rent by year: 2021 AED 85,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,003; 2026 AED 120,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Prime Views, and where 118 sits

All 18 2-beds →

118 last sold in December 2020 at AED 1,223 per sqft, 4% above what two-beds in Prime Views were fetching at the time (AED 1,173). Over the last 12 months two-beds sold for AED 2,010,000 to 5,235,711, around AED 1,968 per sqft, and rent for AED 107,525 to 131,250 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20262,010,000
2 Apr 20265,235,711
16 Oct 20253,184,225
11 Sep 20254,698,534
2 2-bed sales in the last 12 months

Prime Views

Building

151 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2021 by Prescott Real Estate Development . 11 sold in the last 12 months.

Typical price per sqft
AED 1,548 Up 5.7%
Typical sale
AED 1.32M
Typical rent
AED 83K /yr
Typical yield
5.9%
Prime Views, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 151 units in Prime Views
Value
1011-bedAED 1.05M · Mar 2023
1021-bedAED 695K · Nov 2021
1031-bedAED 1M · Mar 2021
1041-bedAED 935K · Dec 2020
1051-bedAED 940K · Jan 2021
1061-bedAED 954K · Feb 2021
1071-bedAED 1.01M · Jan 2021
1–7 of 39

118, Prime Views in numbers

  • Sold once: by Prescott Real Estate Development on 16 December 2020 for AED 1,589,598, or AED 1,223 per sqft.
  • Two-beds in Prime Views sold for AED 2,010,000–5,235,711 in the 12 months to November 2026; the building's median across all types is AED 1,548 per sqft.

Source: Dubai Land Department. Updated 16 December 2020.

Questions about 118, Prime Views

What did unit 118 last sell for?

AED 1,589,598 on 16 December 2020, sold by the developer: AED 1,223 per sqft for 1,300 sqft. It is the only registered sale of the unit.

How big is unit 118?

1,300 sqft (120.8 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2021.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prime Views sold for AED 2,010,000 to 5,235,711 in the last 12 months, around AED 1,968 per sqft.

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Mortgage on 118, Prime Views

Starts from the last sale price (AED 1.59M, 16 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,589,598
Deposit, UAE resident (20%)
AED 317,920
Deposit, non-resident (40%)
AED 635,839
Monthly over 25 years at 3.7%
AED 6,504

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