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1-bed · 647 sqftPrime Residency 1, International City · 2nd floor · completed 2010

229, Prime Residency 1

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

Unit 229 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 572K5 November 2012
Current rentAED 40K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 229, Prime Residency 1

What is 229 worth today?

Last sold for AED 572,000 in 2012

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15 Aug 2025RentedRenewal
AED 40,000/yr12 months · AED 62 per sqft
15 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 62 per sqft
1 Aug 2023RentedRenewal
AED 30,360/yr12 months · AED 47 per sqft
1 Aug 2022RentedRenewal
AED 27,600/yr12 months · AED 43 per sqft
1 Aug 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
12 Jun 2020RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
30 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
1 Dec 2017RentedNew contract
AED 43,000/yr12 months · AED 67 per sqft

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

Key facts

Type
1-bed apartment
Size
647 sqft
Floor
2nd of 4
Parking
B-111
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,100 /yr
Last sold
AED 572K · November 2012
Building
Prime Residency 1

About 229, Prime Residency 1

229 is a one-bedroom apartment of 647 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 5 November 2012 for AED 572,000, or AED 884 per sqft, 8% above the AED 816 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 40,000 a year: a gross yield of 7.0% on the 2012 price, before the service charge of about AED 7,100 a year.

Sales and rents for 229 over time

Sales
Unit 229, each saleTypical one-bed in Prime Residency 1
400K600K2009201420192024Typical sale price by year: 2009 AED 576,000; 2011 AED 334,400; 2012 AED 508,188; 2013 AED 505,129; 2014 AED 532,500; 2015 AED 542,486; 2016 AED 500,000; 2017 AED 495,000; 2019 AED 325,000; 2021 AED 320,000; 2022 AED 317,000; 2023 AED 347,500; 2024 AED 415,000; 2025 AED 455,000Sold by developer, July 2009: AED 572,000 (AED 884 per sqft)Sold, November 2012: AED 572,000 (AED 884 per sqft)

229 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 229, each contractTypical one-bed in Prime Residency 1
20K40K2012201620202024Typical rent by year: 2012 AED 31,000; 2013 AED 34,100; 2014 AED 41,500; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 46,000; 2018 AED 40,000; 2019 AED 34,000; 2020 AED 27,000; 2021 AED 25,500; 2022 AED 29,700; 2023 AED 32,000; 2024 AED 36,000; 2025 AED 41,000; 2026 AED 45,000New contract, April 2013: AED 33,000 a yearNew contract, April 2014: AED 39,000 a yearNew contract, December 2015: AED 51,861 a yearNew contract, December 2017: AED 43,000 a yearNew contract, November 2019: AED 32,000 a yearNew contract, June 2020: AED 28,000 a yearNew contract, August 2021: AED 24,000 a yearRenewal, August 2022: AED 27,600 a yearRenewal, August 2023: AED 30,360 a yearNew contract, August 2024: AED 40,000 a yearRenewal, August 2025: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Prime Residency 1, and where 229 sits

All 102 1-beds →

229 last sold in November 2012 at AED 884 per sqft, 8% above what one-beds in Prime Residency 1 were fetching at the time (AED 816). Over the last 12 months one-beds sold for AED 490,000 to 550,000, around AED 826 per sqft, and rent for AED 36,500 to 52,000 a year. 229's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 2026490,000
11 Dec 2025550,000
27 May 2025437,500
20 May 2025475,000
4 1-bed sales 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
2032-bedAED 545K · Apr 2019
2041-bedAED 313K · Jan 2013
2051-bedAED 550K · Mar 2014
206AED 550K · Nov 2025
2071-bedAED 583K · Jun 2014
1–7 of 40

229, Prime Residency 1 in numbers

  • Sold twice: first on 14 July 2009 for AED 572,000, last on 5 November 2012 for AED 572,000 (AED 884 per sqft).
  • Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 33,000 to AED 24,000 in 2021 and recovered to AED 40,000 by August 2025.
  • At AED 40,000 a year the gross yield on the 2012 price is 7.0%, before a service charge of about AED 7,100 a year (AED 10.99 per sqft).
  • One-beds in Prime Residency 1 sold for AED 490,000–550,000 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 229, Prime Residency 1

What did unit 229 last sell for?

AED 572,000 on 5 November 2012: AED 884 per sqft for 647 sqft. The unit has 2 registered sales; the first was AED 572,000 in July 2009.

What is the rent for unit 229?

AED 40,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 40,000; the unit has been rented since April 2013.

How big is unit 229?

647 sqft (60.1 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prime Residency 1 sold for AED 490,000 to 550,000 in the last 12 months, around AED 826 per sqft.

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Mortgage on 229, Prime Residency 1

Starts from the last sale price (AED 572K, 5 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 572,000
Deposit, UAE resident (20%)
AED 114,400
Deposit, non-resident (40%)
AED 228,800
Monthly over 25 years at 3.7%
AED 2,340

Plus AED 29,034 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →