2-bed · 1,045 sqftPrime Residency 1, International City · 2nd floor · completed 2010

241, Prime Residency 1

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 241 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 919K1 June 2009
Current rentAED 55K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 241, Prime Residency 1

What is 241 worth today?

Last sold for AED 919,000 in 2009

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1 Jul 2025RentedNew contract
AED 55,000/yr12 months · AED 53 per sqft
17 Feb 2023RentedRenewal
AED 39,100/yr12 months · AED 37 per sqft
17 Feb 2022RentedNew contract
AED 34,000/yr12 months · AED 33 per sqft
26 Oct 2018RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
26 Oct 2017RentedNew contract
AED 58,000/yr12 months · AED 56 per sqft
15 Jul 2016RentedRenewal
AED 48,510/yr12 months · AED 46 per sqft
15 Jul 2015RentedNew contract
AED 48,510/yr12 months · AED 46 per sqft
15 Jul 2014RentedNew contract
AED 46,200/yr12 months · AED 44 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
2nd of 4
Parking
B-115
Developer
Prescott Investments
Completed
2010
Service charge
AED 11,500 /yr
Last sold
AED 919K · June 2009

About 241, Prime Residency 1

241 is a two-bedroom apartment of 1,045 sqft on the 2nd floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. The developer sold it on 1 June 2009 for AED 919,000, or AED 879 per sqft, in line with the AED 904 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 July 2025, is AED 55,000 a year: a gross yield of 6.0% on the 2009 price, before the service charge of about AED 11,500 a year.

Sales and rents for 241 over time

Sales
Unit 241, 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, June 2009: AED 919,000 (AED 879 per sqft)

241 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 241, 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, July 2012: AED 40,000 a yearNew contract, July 2014: AED 46,200 a yearNew contract, July 2015: AED 48,510 a yearRenewal, July 2016: AED 48,510 a yearNew contract, October 2017: AED 58,000 a yearRenewal, October 2018: AED 55,000 a yearNew contract, February 2022: AED 34,000 a yearRenewal, February 2023: AED 39,100 a yearNew contract, July 2025: AED 55,000 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 241 sits

All 52 2-beds →

241 last sold in June 2009 at AED 879 per sqft, in line with what two-beds in Prime Residency 1 were fetching at the time (AED 904). 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. 241's AED 55,000 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 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

241, Prime Residency 1 in numbers

  • Sold once: by Prescott Investments on 1 June 2009 for AED 919,000, or AED 879 per sqft.
  • Rented since July 2012 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 34,000 in 2022 and recovered to AED 55,000 by July 2025.
  • At AED 55,000 a year the gross yield on the 2009 price is 6.0%, before a service charge of about AED 11,500 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 1 July 2025.

Questions about 241, Prime Residency 1

What did unit 241 last sell for?

AED 919,000 on 1 June 2009, sold by the developer: AED 879 per sqft for 1,045 sqft. It is the only registered sale of the unit.

What is the rent for unit 241?

AED 55,000 a year on the contract signed on 1 July 2025. The previous contract, from February 2023, was AED 39,100; the unit has been rented since July 2012.

How big is unit 241?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2010.

What is unit 241 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 241, Prime Residency 1

Starts from the last sale price (AED 919K, 1 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 919,000
Deposit, UAE resident (20%)
AED 183,800
Deposit, non-resident (40%)
AED 367,600
Monthly over 25 years at 3.7%
AED 3,760

Plus AED 43,608 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →