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2-bed · 911 sqftPrime Residency 1, International City · 2nd floor · completed 2010

203, Prime Residency 1

Sold prices and rental history: sold 4 times, last in April 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 17 March 2023
Last soldAED 545K9 April 2019
Current rentAED 42K /yr17 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Prime Residency 1

What is 203 worth today?

Last sold for AED 545,000 in 2019

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17 Mar 2023RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
13 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
9 Apr 2019SoldReady
AED 545,000AED 598 per sqft
17 Jul 2018RentedNew contract
AED 52,000/yr12 months · AED 57 per sqft
10 Apr 2017RentedNew contract
AED 62,000/yr12 months · AED 68 per sqft
22 Oct 2015SoldReady
AED 457,500AED 502 per sqft
28 Aug 2013RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
28 Nov 2012SoldReady
AED 837,000AED 918 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2023.

Key facts

Type
2-bed apartment
Size
911 sqft
Floor
2nd of 4
Parking
B-100
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 545K · April 2019
Building
Prime Residency 1

About 203, Prime Residency 1

203 is a two-bedroom apartment of 911 sqft on the 2nd floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 9 April 2019 for AED 545,000, or AED 598 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 17 March 2023, is AED 42,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 10,000 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Prime Residency 1
400K600K800K20092013201720212025Typical 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, June 2009: AED 837,000 (AED 918 per sqft)Sold, November 2012: AED 837,000 (AED 918 per sqft)Sold, October 2015: AED 457,500 (AED 502 per sqft)Sold, April 2019: AED 545,000 (AED 598 per sqft)

203 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 203, 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, August 2013: AED 40,000 a yearNew contract, April 2017: AED 62,000 a yearNew contract, July 2018: AED 52,000 a yearNew contract, March 2022: AED 40,000 a yearNew contract, March 2023: AED 42,000 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 203 sits

All 52 2-beds →

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. 203's AED 42,000 is in the lower 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 2nd floor

All 164 units in Prime Residency 1
Value
2012-bedAED 471K · Jan 2013
2022-bedAED 840K · Jan 2015
2041-bedAED 313K · Jan 2013
2051-bedAED 550K · Mar 2014
206AED 550K · Nov 2025
2071-bedAED 583K · Jun 2014
2081-bedAED 450K · Jun 2017
1–7 of 40

203, Prime Residency 1 in numbers

  • Sold 4 times: first on 1 June 2009 for AED 837,000, last on 9 April 2019 for AED 545,000 (AED 598 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 40,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 10,000 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 17 March 2023.

Questions about 203, Prime Residency 1

What did unit 203 last sell for?

AED 545,000 on 9 April 2019: AED 598 per sqft for 911 sqft. The unit has 4 registered sales; the first was AED 837,000 in June 2009.

What is the rent for unit 203?

AED 42,000 a year on the contract signed on 17 March 2023. The previous contract, from March 2022, was AED 40,000; the unit has been rented since August 2013.

How big is unit 203?

911 sqft (84.6 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 203 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 203, Prime Residency 1

Starts from the last sale price (AED 545K, 9 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

Plus AED 27,900 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →