116, Prime Gardens
Sold prices and rental history: sold once, by the developer in December 2022, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Prime Gardens
What is 116 worth today?
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Source: Dubai Land Department. Updated 8 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 413 sqft
- Floor
- 1st of 6
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2024
- Last sold
- AED 490K · December 2022
- Building
- Prime Gardens
About 116, Prime Gardens
116 is a studio of 413 sqft on the 1st floor of Prime Gardens, a 6-storey tower in Arjan completed in 2024 by Prescott Real Estate Development . The developer sold it on 6 December 2022 for AED 490,000, or AED 1,186 per sqft, in line with the AED 1,185 studios in the building were fetching at the time.
One Ejari contract is registered, from 8 August 2024. The current contract, signed on 8 August 2024, is AED 54,000 a year: a gross yield of 11.0% on the 2022 price.
Sales and rents for 116 over time
116 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Prime Gardens, and where 116 sits
All 44 studios →116 last sold in December 2022 at AED 1,186 per sqft, in line with what studios in Prime Gardens were fetching at the time (AED 1,185). Over the last 12 months studios sold for AED 710,000, around AED 1,723 per sqft, and rent for AED 57,000 to 60,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 412 sqft | 710,000 | 1,723 | ||
| 9 Feb 20269 February 2026 | 412 sqft | 710,000 | 1,723 | ||
| 20 Jan 202520 January 2025 | 412 sqft | 750,000 | 1,820 | ||
| 14 Jan 202514 January 2025 | 412 sqft | 690,000 | 1,674 |
Prime Gardens
Building139 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2024 by Prescott Real Estate Development . 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,636
- Typical sale
- AED 945K
- Typical rent
- AED 90K /yr
- Typical yield
- 7.3%
Other units on the 1st floor
All 139 units in Prime Gardens| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 864 sqft | AED 1.14MAED 1,140,000 · Sep 2024September 2024 | 90,000 /yr | |
| 102 | 2-bed | 1,427 sqft | AED 1.84MAED 1,835,000 · Jul 2025July 2025 | ||
| 103 | 2-bed | 1,269 sqft | AED 1.23MAED 1,225,000 · Dec 2022December 2022 | 119,668 /yr | |
| 104 | 1-bed | 757 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | ||
| 105 | 1-bed | 757 sqft | AED 750KAED 750,000 · Nov 2022November 2022 | ||
| 106 | 1-bed | 762 sqft | AED 1.08MAED 1,080,000 · Nov 2024November 2024 | 92,000 /yr | |
| 107 | 2-bed | 1,130 sqft | AED 1.05MAED 1,045,000 · May 2023May 2023 | ||
| 108 | Studio | 409 sqft | AED 666KAED 665,720 · Sep 2024September 2024 | 55,000 /yr | |
| 109 | Studio | 413 sqft | AED 470KAED 470,000 · Aug 2022August 2022 | 50,000 /yr | |
| 110 | Studio | 413 sqft | AED 470KAED 470,000 · Aug 2022August 2022 | ||
| 111 | Studio | 413 sqft | AED 495KAED 495,000 · Oct 2022October 2022 | ||
| 112 | Studio | 413 sqft | AED 495KAED 495,235 · Sep 2022September 2022 | 55,000 /yr | |
| 113 | Studio | 413 sqft | AED 480KAED 480,000 · Aug 2022August 2022 | ||
| 114 | Studio | 413 sqft | AED 495KAED 495,000 · Oct 2022October 2022 | ||
| 115 | Studio | 412 sqft | AED 650KAED 650,000 · Jul 2024July 2024 | ||
| 117 | 1-bed | 898 sqft | AED 850KAED 850,000 · Dec 2022December 2022 | ||
| 118 | 1-bed | 762 sqft | AED 718KAED 717,800 · Nov 2022November 2022 | ||
| 119 | 1-bed | 863 sqft | AED 763KAED 763,000 · Aug 2022August 2022 | 94,508 /yr | |
| 120 | 1-bed | 912 sqft | AED 890KAED 890,000 · Aug 2022August 2022 | 80,000 /yr | |
| 121 | 1-bed | 868 sqft | AED 860KAED 860,000 · Nov 2022November 2022 | ||
| 122 | 1-bed | 873 sqft | AED 1.02MAED 1,020,000 · Jun 2024June 2024 | 90,000 /yr | |
| 123 | 1-bed | 832 sqft | AED 830KAED 830,000 · Nov 2022November 2022 | 82,000 /yr |
116, Prime Gardens in numbers
- Sold once: by Prescott Real Estate Development on 6 December 2022 for AED 490,000, or AED 1,186 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2022 price is 11.0%.
- Studios in Prime Gardens sold for AED 710,000–710,000 in the 12 months to November 2026; the building's median across all types is AED 1,636 per sqft.
Source: Dubai Land Department. Updated 8 August 2024.
Questions about 116, Prime Gardens
What did unit 116 last sell for?
AED 490,000 on 6 December 2022, sold by the developer: AED 1,186 per sqft for 413 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 54,000 a year on the contract signed on 8 August 2024.
How big is unit 116?
413 sqft (38.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2024.
What is unit 116 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prime Gardens sold for AED 710,000 to 710,000 in the last 12 months, around AED 1,723 per sqft.
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Mortgage on 116, Prime Gardens
Starts from the last sale price (AED 490K, 6 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 490,000
- Deposit, UAE resident (20%)
- AED 98,000
- Deposit, non-resident (40%)
- AED 196,000
- Monthly over 25 years at 3.7%
- AED 2,005
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →