2-bed · 911 sqftPrime Residency 1, International City · 3rd floor · completed 2010

303, Prime Residency 1

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 878K29 December 2011
Current rentAED 46K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Prime Residency 1

What is 303 worth today?

Last sold for AED 878,000 in 2011

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15 May 2024RentedRenewal
AED 46,000/yr12 months · AED 50 per sqft
15 May 2023RentedRenewal
AED 43,890/yr12 months · AED 48 per sqft
15 May 2022RentedRenewal
AED 41,800/yr12 months · AED 46 per sqft
15 May 2021RentedRenewal
AED 41,800/yr12 months · AED 46 per sqft
15 May 2019RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
16 May 2017RentedRenewal
AED 55,000/yr12 months · AED 60 per sqft
16 May 2016RentedNew contract
AED 55,000/yr12 months · AED 60 per sqft
29 Dec 2011SoldReady
AED 878,000AED 963 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
911 sqft
Floor
3rd of 4
Parking
B-79
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 878K · December 2011

About 303, Prime Residency 1

303 is a two-bedroom apartment of 911 sqft on the 3rd floor of Prime Residency 1, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 29 December 2011 for AED 878,000, or AED 963 per sqft, 9% above the AED 886 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 15 May 2024, is AED 46,000 a year: a gross yield of 5.2% on the 2011 price, before the service charge of about AED 10,000 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, July 2009: AED 878,000 (AED 963 per sqft)Sold, December 2011: AED 878,000 (AED 963 per sqft)

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

Rents
Unit 303, 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, May 2016: AED 55,000 a yearRenewal, May 2017: AED 55,000 a yearNew contract, May 2019: AED 50,000 a yearRenewal, May 2021: AED 41,800 a yearRenewal, May 2022: AED 41,800 a yearRenewal, May 2023: AED 43,890 a yearRenewal, May 2024: AED 46,000 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 303 sits

All 52 2-beds →

303 last sold in December 2011 at AED 963 per sqft, 9% above what two-beds in Prime Residency 1 were fetching at the time (AED 886). 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. 303's AED 46,000 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 3rd floor

All 164 units in Prime Residency 1
Value
3012-bedAED 471K · Jan 2013
3022-bedAED 475K · May 2022
304AED 450K · Aug 2025
3051-bedAED 545K · Jun 2015
3061-bedAED 320K · Oct 2021
3071-bedAED 440K · Dec 2024
3081-bedAED 440K · Aug 2018
1–7 of 40

303, Prime Residency 1 in numbers

  • Sold twice: first on 14 July 2009 for AED 878,000, last on 29 December 2011 for AED 878,000 (AED 963 per sqft).
  • Rented since May 2016 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 41,800 in 2022 and recovered to AED 46,000 by May 2024.
  • At AED 46,000 a year the gross yield on the 2011 price is 5.2%, 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 15 May 2024.

Questions about 303, Prime Residency 1

What did unit 303 last sell for?

AED 878,000 on 29 December 2011: AED 963 per sqft for 911 sqft. The unit has 2 registered sales; the first was AED 878,000 in July 2009.

What is the rent for unit 303?

AED 46,000 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 43,890; the unit has been rented since May 2016.

How big is unit 303?

911 sqft (84.6 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 303 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 303, Prime Residency 1

Starts from the last sale price (AED 878K, 29 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 878,000
Deposit, UAE resident (20%)
AED 175,600
Deposit, non-resident (40%)
AED 351,200
Monthly over 25 years at 3.7%
AED 3,592

Plus AED 41,886 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →