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2-bed · 980 sqftPrime Residency 1, International City · 1st floor · completed 2010

118, Prime Residency 1

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 530K28 October 2022
Current rentAED 75K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Prime Residency 1

What is 118 worth today?

Last sold for AED 530,000 in 2022

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15 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
28 Oct 2022SoldReady
AED 530,000AED 540 per sqft
7 Jul 2021RentedRenewal
AED 37,000/yr12 months · AED 38 per sqft
7 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
10 Sep 2013RentedNew contract
AED 48,000/yr12 months · AED 49 per sqft
10 Sep 2013RentedNew contract
AED 48,000/yr12 months · AED 49 per sqft
30 Sep 2012SoldReady
AED 917,000AED 935 per sqft
16 May 2009Sold by developerOff-plan
AED 917,000AED 935 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
980 sqft
Floor
1st of 4
Parking
G-39
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,800 /yr
Last sold
AED 530K · October 2022
Building
Prime Residency 1

About 118, Prime Residency 1

118 is a two-bedroom apartment of 980 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 28 October 2022 for AED 530,000, or AED 540 per sqft, 7% above the AED 507 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 15 August 2025, is AED 75,000 a year: a gross yield of 14.1% on the 2022 price, before the service charge of about AED 10,800 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical two-bed in Prime Residency 1
600K800K20092013201720212025Typical 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 917,000 (AED 935 per sqft)Sold, September 2012: AED 917,000 (AED 935 per sqft)Sold, October 2022: AED 530,000 (AED 540 per sqft)

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

Rents
Unit 118, each contractTypical two-bed in Prime Residency 1
40K60K80K2012201620202024Typical 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, September 2013: AED 48,000 a yearNew contract, September 2013: AED 48,000 a yearNew contract, July 2020: AED 40,000 a yearRenewal, July 2021: AED 37,000 a yearNew contract, August 2025: AED 75,000 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 118 sits

All 52 2-beds →

118 last sold in October 2022 at AED 540 per sqft, 7% above what two-beds in Prime Residency 1 were fetching at the time (AED 507). 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. 118's AED 75,000 is at the top 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

118, Prime Residency 1 in numbers

  • Sold 3 times: first on 16 May 2009 for AED 917,000, last on 28 October 2022 for AED 530,000 (AED 540 per sqft).
  • Rented since September 2013 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 37,000 in 2021 and recovered to AED 75,000 by August 2025.
  • At AED 75,000 a year the gross yield on the 2022 price is 14.1%, before a service charge of about AED 10,800 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: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.

Questions about 118, Prime Residency 1

What did unit 118 last sell for?

AED 530,000 on 28 October 2022: AED 540 per sqft for 980 sqft. The unit has 3 registered sales; the first was AED 917,000 in May 2009.

What is the rent for unit 118?

AED 75,000 a year on the contract signed on 15 August 2025. The previous contract, from July 2021, was AED 37,000; the unit has been rented since September 2013.

How big is unit 118?

980 sqft (91.0 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2010.

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 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 118, Prime Residency 1

Starts from the last sale price (AED 530K, 28 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →