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2-bed · 933 sqftPrime Residency 1, International City · 1st floor · completed 2010

116, Prime Residency 1

Sold prices and rental history: sold 3 times, last in August 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 400K6 August 2012
Current rentAED 63K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Prime Residency 1

What is 116 worth today?

Last sold for AED 400,000 in 2012

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1 Jun 2025RentedNew contract
AED 63,000/yr12 months · AED 67 per sqft
17 Nov 2024RentedNew contract
AED 59,500/yr12 months · AED 64 per sqft
10 Mar 2024RentedRenewal
AED 48,850/yr12 months · AED 52 per sqft
10 Mar 2023RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
25 Feb 2022RentedRenewal
AED 41,000/yr12 months · AED 44 per sqft
25 Feb 2021RentedNew contract
AED 39,000/yr12 months · AED 42 per sqft
9 Nov 2020RentedRenewal
AED 41,000/yr12 months · AED 44 per sqft
10 Nov 2018RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
1st of 4
Parking
G-47
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,300 /yr
Last sold
AED 400K · August 2012
Building
Prime Residency 1

About 116, Prime Residency 1

116 is a two-bedroom apartment of 933 sqft on the 1st floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 6 August 2012 for AED 400,000, or AED 428 per sqft, 22% below the AED 548 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 June 2025, is AED 63,000 a year: a gross yield of 15.8% on the 2012 price, before the service charge of about AED 10,300 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Prime Residency 1
500K750K20092013201720212025Typical sale price by year: 2009 AED 874,500; 2011 AED 874,000; 2012 AED 731,019; 2013 AED 550,000; 2014 AED 850,000; 2015 AED 837,000; 2016 AED 770,000; 2017 AED 700,000; 2022 AED 485,000; 2024 AED 590,000Sold by developer, May 2009: AED 869,535 (AED 931 per sqft)Sold, July 2011: AED 400,000 (AED 428 per sqft)Sold, August 2012: AED 400,000 (AED 428 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in Prime Residency 1
40K60K2012201620202024Typical rent by year: 2012 AED 40,000; 2013 AED 45,000; 2014 AED 50,000; 2015 AED 62,000; 2016 AED 63,000; 2017 AED 60,500; 2018 AED 54,000; 2019 AED 47,000; 2020 AED 40,000; 2021 AED 38,000; 2022 AED 40,000; 2023 AED 44,000; 2024 AED 48,000; 2025 AED 54,500; 2026 AED 57,012New contract, October 2013: AED 50,000 a yearNew contract, October 2014: AED 55,000 a yearNew contract, October 2016: AED 63,000 a yearNew contract, November 2018: AED 50,000 a yearRenewal, November 2020: AED 41,000 a yearNew contract, February 2021: AED 39,000 a yearRenewal, February 2022: AED 41,000 a yearNew contract, March 2023: AED 45,000 a yearRenewal, March 2024: AED 48,850 a yearNew contract, November 2024: AED 59,500 a yearNew contract, June 2025: AED 63,000 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 Residency 1, and where 116 sits

All 52 2-beds →

116 last sold in August 2012 at AED 428 per sqft, 22% below what two-beds in Prime Residency 1 were fetching at the time (AED 548). Over the last 12 months two-beds sold for AED 740,000, around AED 721 per sqft, and rent for AED 36,000 to 70,000 a year. 116's AED 63,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Mar 2025550,000
11 Nov 2024690,000
19 Sep 2024413,280
12 Sep 2024590,000
1 2-bed sale in the last 12 months

Prime Residency 1

Building

164 apartments, 1-bed to 2-bed over 4 floors in International City, completed in 2010 by Prescott Investments. 5 sold in the last 12 months.

Typical price per sqft
AED 805
Typical sale
AED 550K
Typical rent
AED 46K /yr
Typical yield
7.9%
Prime Residency 1, International City: prices, sales and rents →

Other units on the 1st floor

All 164 units in Prime Residency 1
Value
1012-bedAED 475K · May 2022
1022-bedAED 831K · Sep 2012
1032-bedAED 775K · Oct 2016
1041-bedAED 325K · Jan 2020
1051-bedAED 550K · Dec 2025
106AED 475K · Nov 2025
1071-bedAED 460K · Feb 2025
1–7 of 40

116, Prime Residency 1 in numbers

  • Sold 3 times: first on 16 May 2009 for AED 869,535, last on 6 August 2012 for AED 400,000 (AED 428 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 50,000 to AED 39,000 in 2021 and recovered to AED 63,000 by June 2025.
  • At AED 63,000 a year the gross yield on the 2012 price is 15.8%, before a service charge of about AED 10,300 a year (AED 10.99 per sqft).
  • Two-beds in Prime Residency 1 sold for AED 740,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 805 per sqft.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 116, Prime Residency 1

What did unit 116 last sell for?

AED 400,000 on 6 August 2012: AED 428 per sqft for 933 sqft. The unit has 3 registered sales; the first was AED 869,535 in May 2009.

What is the rent for unit 116?

AED 63,000 a year on the contract signed on 1 June 2025. The previous contract, from November 2024, was AED 59,500; the unit has been rented since October 2013.

How big is unit 116?

933 sqft (86.7 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2010.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Prime Residency 1 sold for AED 740,000 to 740,000 in the last 12 months, around AED 721 per sqft.

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Mortgage on 116, Prime Residency 1

Starts from the last sale price (AED 400K, 6 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →