2-bed · 1,467 sqftPrime Views, Meydan City · 3rd floor · completed 2021

338, Prime Views

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 338 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 1.61M24 February 2020
Current rentAED 23K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 338, Prime Views

What is 338 worth today?

Last sold for AED 1,610,000 in 2020

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5 Nov 2024RentedRenewal · flagged as an outlier
AED 23,000/yr60 months · AED 16 per sqft
5 Nov 2024RentedRenewal
AED 115,000/yr60 months · AED 79 per sqft
5 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 79 per sqft
5 Jun 2022RentedNew contract
AED 95,000/yr12 months · AED 65 per sqft
24 Feb 2020Sold by developerOff-plan
AED 1,610,000AED 1,097 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
1,467 sqft
Floor
3rd of 4
Parking
G-56
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.61M · February 2020
Building
Prime Views

About 338, Prime Views

338 is a two-bedroom apartment of 1,467 sqft on the 3rd floor of Prime Views, a 4-storey tower in Meydan City completed in 2021 by Prescott Real Estate Development . The developer sold it on 24 February 2020 for AED 1,610,000, or AED 1,097 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 23,000 a year: a gross yield of 1.4% on the 2020 price.

Sales and rents for 338 over time

Sales
Unit 338, 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, February 2020: AED 1,610,000 (AED 1,097 per sqft)

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

Rents
Unit 338, 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 120,000New contract, June 2022: AED 95,000 a yearNew contract, November 2023: AED 115,000 a yearRenewal, November 2024: AED 115,000 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 Views, and where 338 sits

All 18 2-beds →

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. 338's AED 23,000 is at the bottom of that range.

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 3rd floor

All 151 units in Prime Views
Value
3011-bedAED 1.15M · Aug 2024
3021-bedAED 1.14M · Jan 2023
3031-bedAED 960K · Oct 2022
3041-bedAED 1.22M · Dec 2024
3051-bedAED 1.2M · Apr 2024
3061-bedAED 1.25M · Sep 2023
3071-bedAED 1.02M · Mar 2021
1–7 of 39

338, Prime Views in numbers

  • Sold once: by Prescott Real Estate Development on 24 February 2020 for AED 1,610,000, or AED 1,097 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 95,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2020 price is 1.4%.
  • 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 5 November 2024.

Questions about 338, Prime Views

What did unit 338 last sell for?

AED 1,610,000 on 24 February 2020, sold by the developer: AED 1,097 per sqft for 1,467 sqft. It is the only registered sale of the unit.

What is the rent for unit 338?

AED 23,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2024, was AED 115,000; the unit has been rented since June 2022.

How big is unit 338?

1,467 sqft (136.3 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 338 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 338, Prime Views

Starts from the last sale price (AED 1.61M, 24 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,000
Deposit, UAE resident (20%)
AED 322,000
Deposit, non-resident (40%)
AED 644,000
Monthly over 25 years at 3.7%
AED 6,587

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