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2-bed · 970 sqftPrime Residency 1, International City · 3rd floor · completed 2010

309, Prime Residency 1

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 25 September 2021
Last soldAED 835K18 February 2014
Current rentAED 37K /yr25 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Prime Residency 1

What is 309 worth today?

Last sold for AED 835,000 in 2014

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25 Sep 2021RentedNew contract
AED 37,000/yr12 months · AED 38 per sqft
5 Apr 2020RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
15 Aug 2016RentedRenewal
AED 68,000/yr12 months · AED 70 per sqft
15 Aug 2015RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
18 Feb 2014SoldReady
AED 835,000AED 860 per sqft
1 Jun 2013RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
8 Jan 2012SoldReady
AED 528,600AED 544 per sqft
3 Aug 2011Sold by developerOff-plan
AED 528,600AED 544 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 September 2021.

Key facts

Type
2-bed apartment
Size
970 sqft
Floor
3rd of 4
Parking
B-73
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 835K · February 2014
Building
Prime Residency 1

About 309, Prime Residency 1

309 is a two-bedroom apartment of 970 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 18 February 2014 for AED 835,000, or AED 860 per sqft, 9% above the AED 790 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 25 September 2021, is AED 37,000 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 10,700 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, August 2011: AED 528,600 (AED 544 per sqft)Sold, January 2012: AED 528,600 (AED 544 per sqft)Sold, February 2014: AED 835,000 (AED 860 per sqft)

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

Rents
Unit 309, 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, June 2013: AED 40,000 a yearNew contract, August 2015: AED 70,000 a yearRenewal, August 2016: AED 68,000 a yearNew contract, April 2020: AED 42,000 a yearNew contract, September 2021: AED 37,000 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 309 sits

All 52 2-beds →

309 last sold in February 2014 at AED 860 per sqft, 9% above what two-beds in Prime Residency 1 were fetching at the time (AED 790). 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. 309's AED 37,000 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
3032-bedAED 878K · Dec 2011
304AED 450K · Aug 2025
3051-bedAED 545K · Jun 2015
3061-bedAED 320K · Oct 2021
3071-bedAED 440K · Dec 2024
1–7 of 40

309, Prime Residency 1 in numbers

  • Sold 3 times: first on 3 August 2011 for AED 528,600, last on 18 February 2014 for AED 835,000 (AED 860 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 40,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2014 price is 4.4%, before a service charge of about AED 10,700 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 25 September 2021.

Questions about 309, Prime Residency 1

What did unit 309 last sell for?

AED 835,000 on 18 February 2014: AED 860 per sqft for 970 sqft. The unit has 3 registered sales; the first was AED 528,600 in August 2011.

What is the rent for unit 309?

AED 37,000 a year on the contract signed on 25 September 2021. The previous contract, from April 2020, was AED 42,000; the unit has been rented since June 2013.

How big is unit 309?

970 sqft (90.1 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 309 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 309, Prime Residency 1

Starts from the last sale price (AED 835K, 18 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

Plus AED 40,080 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →