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2-bed · 933 sqftPrime Residency 1, International City · 3rd floor · completed 2010

316, Prime Residency 1

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 31 July 2025
Last soldAED 870K23 February 2015
Current rentAED 56K /yr31 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Prime Residency 1

What is 316 worth today?

Last sold for AED 870,000 in 2015

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31 Jul 2025RentedNew contract
AED 56,029/yr12 months · AED 60 per sqft
16 Jul 2024RentedRenewal
AED 53,361/yr12 months · AED 57 per sqft
16 Jul 2023RentedRenewal
AED 48,510/yr12 months · AED 52 per sqft
5 Jul 2021RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
5 Jul 2020RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
23 Feb 2015SoldReady
AED 870,000AED 932 per sqft
1 Jan 2015RentedNew contract
AED 58,000/yr12 months · AED 62 per sqft
2 Jun 2009Sold by developerOff-plan
AED 870,000AED 932 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 July 2025.

Key facts

Type
2-bed apartment
Size
933 sqft
Floor
3rd of 4
Parking
B-82
Developer
Prescott Investments
Completed
2010
Service charge
AED 10,300 /yr
Last sold
AED 870K · February 2015
Building
Prime Residency 1

About 316, Prime Residency 1

316 is a two-bedroom apartment of 933 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 23 February 2015 for AED 870,000, or AED 932 per sqft, 5% above the AED 884 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 31 July 2025, is AED 56,029 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 10,300 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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 870,000 (AED 932 per sqft)Sold, February 2015: AED 870,000 (AED 932 per sqft)

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

Rents
Unit 316, 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, January 2015: AED 58,000 a yearRenewal, July 2020: AED 42,000 a yearRenewal, July 2021: AED 42,000 a yearRenewal, July 2023: AED 48,510 a yearRenewal, July 2024: AED 53,361 a yearNew contract, July 2025: AED 56,029 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 316 sits

All 52 2-beds →

316 last sold in February 2015 at AED 932 per sqft, 5% above what two-beds in Prime Residency 1 were fetching at the time (AED 884). 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. 316's AED 56,029 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 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

316, Prime Residency 1 in numbers

  • Sold twice: first on 2 June 2009 for AED 870,000, last on 23 February 2015 for AED 870,000 (AED 932 per sqft).
  • Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 42,000 in 2021 and recovered to AED 56,029 by July 2025.
  • At AED 56,029 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 10,300 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 31 July 2025.

Questions about 316, Prime Residency 1

What did unit 316 last sell for?

AED 870,000 on 23 February 2015: AED 932 per sqft for 933 sqft. The unit has 2 registered sales; the first was AED 870,000 in June 2009.

What is the rent for unit 316?

AED 56,029 a year on the contract signed on 31 July 2025. The previous contract, from July 2024, was AED 53,361; the unit has been rented since January 2015.

How big is unit 316?

933 sqft (86.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2010.

What is unit 316 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 316, Prime Residency 1

Starts from the last sale price (AED 870K, 23 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →