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1-bed · 762 sqftPrime Views, Meydan City · 1st floor · completed 2021

127, Prime Views

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 127 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 879K4 August 2021
Current rentAED 50K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 127, Prime Views

What is 127 worth today?

Last sold for AED 878,888 in 2021

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1 Feb 2023RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
1 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
4 Aug 2021Sold by developerReady
AED 878,888AED 1,153 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
1st of 4
Parking
G-141
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 879K · August 2021
Building
Prime Views

About 127, Prime Views

127 is a one-bedroom apartment of 762 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 4 August 2021 for AED 878,888, or AED 1,153 per sqft, 5% below the AED 1,215 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 50,000 a year: a gross yield of 5.7% on the 2021 price.

Sales and rents for 127 over time

Sales
Unit 127, each saleTypical one-bed in Prime Views
1M1.2M2018202120242027Typical sale price by year: 2018 AED 999,691; 2019 AED 985,201; 2020 AED 952,787; 2021 AED 1,010,040; 2022 AED 960,000; 2023 AED 1,100,000; 2024 AED 1,100,000; 2025 AED 1,256,000; 2026 AED 1,300,000Sold by developer, August 2021: AED 878,888 (AED 1,153 per sqft)

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

Rents
Unit 127, each contractTypical one-bed in Prime Views
60K80K2021202320252027Typical rent by year: 2021 AED 59,417; 2022 AED 62,000; 2023 AED 74,500; 2024 AED 79,500; 2025 AED 85,000; 2026 AED 76,000New contract, February 2022: AED 50,000 a yearRenewal, February 2023: AED 50,000 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 Views, and where 127 sits

All 133 1-beds →

127 last sold in August 2021 at AED 1,153 per sqft, 5% below what one-beds in Prime Views were fetching at the time (AED 1,215). Over the last 12 months one-beds sold for AED 910,000 to 3,980,000, around AED 1,548 per sqft, and rent for AED 35,000 to 115,000 a year. 127's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Oct 2026910,000
12 Aug 202610,942
10 Aug 20261,300,000
21 Apr 20261,100,000
9 1-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

127, Prime Views in numbers

  • Sold once: by Prescott Real Estate Development on 4 August 2021 for AED 878,888, or AED 1,153 per sqft.
  • Rented since February 2022 on 2 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 5.7%.
  • One-beds in Prime Views sold for AED 910,000–3,980,000 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 1 February 2023.

Questions about 127, Prime Views

What did unit 127 last sell for?

AED 878,888 on 4 August 2021, sold by the developer: AED 1,153 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 127?

AED 50,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 50,000.

How big is unit 127?

762 sqft (70.8 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2021.

What is unit 127 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prime Views sold for AED 910,000 to 3,980,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 127, Prime Views

Starts from the last sale price (AED 879K, 4 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 878,888
Deposit, UAE resident (20%)
AED 175,778
Deposit, non-resident (40%)
AED 351,555
Monthly over 25 years at 3.7%
AED 3,596

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