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1-bed · 668 sqftPrime Residency 2, International City · 4th floor · completed 2010

424, Prime Residency 2

Sold prices and rental history: sold twice, last in January 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 617K30 January 2012
Current rentAED 32K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Prime Residency 2

What is 424 worth today?

Last sold for AED 617,000 in 2012

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1 Dec 2023RentedRenewal
AED 32,000/yr12 months · AED 48 per sqft
1 Dec 2023RentedRenewal
AED 32,000/yr12 months · AED 48 per sqft
25 Sep 2021RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft
25 Sep 2018RentedNew contract
AED 39,000/yr12 months · AED 58 per sqft
5 Sep 2017RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
30 Jan 2012SoldReady
AED 617,000AED 923 per sqft
3 Jun 2009Sold by developerOff-plan
AED 617,000AED 923 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
668 sqft
Floor
4th of 4
Parking
B-31
Developer
Prescott Investments
Completed
2010
Service charge
AED 7,100 /yr
Last sold
AED 617K · January 2012
Building
Prime Residency 2

About 424, Prime Residency 2

424 is a one-bedroom apartment of 668 sqft on the 4th floor of Prime Residency 2, a 4-storey tower in International City completed in 2010 by Prescott Investments. It last sold on 30 January 2012 for AED 617,000, or AED 923 per sqft, 4% above the AED 887 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 32,000 a year: a gross yield of 5.2% on the 2012 price, before the service charge of about AED 7,100 a year.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical one-bed in Prime Residency 2
400K600K2009201420192024Typical sale price by year: 2009 AED 577,500; 2011 AED 552,373; 2012 AED 570,000; 2013 AED 445,000; 2014 AED 575,000; 2015 AED 535,000; 2016 AED 515,000; 2017 AED 500,000; 2018 AED 365,000; 2019 AED 342,500; 2020 AED 320,000; 2021 AED 305,000; 2022 AED 315,000; 2023 AED 335,000; 2024 AED 425,000; 2025 AED 430,000Sold by developer, June 2009: AED 617,000 (AED 923 per sqft)Sold, January 2012: AED 617,000 (AED 923 per sqft)

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

Rents
Unit 424, each contractTypical one-bed in Prime Residency 2
40K2012201620202024Typical rent by year: 2012 AED 31,000; 2013 AED 35,000; 2014 AED 45,000; 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,500; 2018 AED 40,000; 2019 AED 34,250; 2020 AED 28,000; 2021 AED 25,750; 2022 AED 28,375; 2023 AED 31,250; 2024 AED 35,310; 2025 AED 39,900; 2026 AED 40,000New contract, September 2017: AED 45,000 a yearNew contract, September 2018: AED 39,000 a yearNew contract, September 2021: AED 27,000 a yearRenewal, December 2023: AED 32,000 a yearRenewal, December 2023: AED 32,000 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 2, and where 424 sits

All 98 1-beds →

424 last sold in January 2012 at AED 923 per sqft, 4% above what one-beds in Prime Residency 2 were fetching at the time (AED 887). Over the last 12 months one-beds sold for AED 320,000 to 550,000, around AED 519 per sqft, and rent for AED 35,000 to 54,000 a year. 424's AED 32,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Dec 2025550,000
15 Dec 2025480,000
9 Jul 2025445,000
4 Jul 2025500,000
5 1-bed sales in the last 12 months

Prime Residency 2

Building

164 apartments, 1-bed to 2-bed over 4 floors in International City, completed in 2010 by Prescott Investments. 6 sold in the last 12 months.

Typical price per sqft
AED 633
Typical sale
AED 407K
Typical rent
AED 50K /yr
Typical yield
10.2%
Prime Residency 2, International City: prices, sales and rents →

Other units on the 4th floor

All 164 units in Prime Residency 2
Value
4012-bedAED 550K · Mar 2025
4022-bedAED 675K · Dec 2024
4032-bedAED 849K · Apr 2012
4041-bedAED 155K · May 2024
4051-bedAED 300K · Nov 2021
4061-bedAED 315K · Oct 2021
4071-bedAED 535K · May 2016
1–7 of 40

424, Prime Residency 2 in numbers

  • Sold twice: first on 3 June 2009 for AED 617,000, last on 30 January 2012 for AED 617,000 (AED 923 per sqft).
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 27,000 in 2021 and recovered to AED 32,000 by December 2023.
  • At AED 32,000 a year the gross yield on the 2012 price is 5.2%, before a service charge of about AED 7,100 a year (AED 10.70 per sqft).
  • One-beds in Prime Residency 2 sold for AED 320,000–550,000 in the 12 months to November 2026; the building's median across all types is AED 633 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Questions about 424, Prime Residency 2

What did unit 424 last sell for?

AED 617,000 on 30 January 2012: AED 923 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 617,000 in June 2009.

What is the rent for unit 424?

AED 32,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2023, was AED 32,000; the unit has been rented since September 2017.

How big is unit 424?

668 sqft (62.1 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2010.

What is unit 424 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 2 sold for AED 320,000 to 550,000 in the last 12 months, around AED 519 per sqft.

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Mortgage on 424, Prime Residency 2

Starts from the last sale price (AED 617K, 30 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 617,000
Deposit, UAE resident (20%)
AED 123,400
Deposit, non-resident (40%)
AED 246,800
Monthly over 25 years at 3.7%
AED 2,524

Plus AED 30,924 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →