1-bed · 776 sqftPrime Views, Meydan City · 1st floor · completed 2021

111, Prime Views

Sold prices and rental history: sold once, by the developer in February 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 853K10 February 2021
Current rentAED 77K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Prime Views

What is 111 worth today?

Last sold for AED 853,200 in 2021

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1 Sep 2024RentedNew contract
AED 77,000/yr12 months · AED 99 per sqft
15 Aug 2023RentedNew contract
AED 82,000/yr12 months · AED 106 per sqft
10 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft
15 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
10 Feb 2021Sold by developerOff-plan
AED 853,200AED 1,099 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
776 sqft
Floor
1st of 4
Parking
G-134
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 853K · February 2021
Building
Prime Views

About 111, Prime Views

111 is a one-bedroom apartment of 776 sqft on the 1st floor of Prime Views, a 4-storey tower in Meydan City completed in 2021 by Prescott Real Estate Development. The developer sold it on 10 February 2021 for AED 853,200, or AED 1,099 per sqft, 8% below the AED 1,197 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 September 2024, is AED 77,000 a year: a gross yield of 9.0% on the 2021 price.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Prime Views
800K1M1.2M20182020202220242026Typical sale price by year: 2018 AED 999,691; 2019 AED 985,201; 2020 AED 955,574; 2021 AED 1,009,776; 2022 AED 961,182; 2023 AED 1,100,000; 2024 AED 1,100,000; 2025 AED 1,250,000Sold by developer, February 2021: AED 853,200 (AED 1,099 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Prime Views
60K80K2021202320252027Typical rent by year: 2021 AED 59,834; 2022 AED 63,590; 2023 AED 75,500; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 86,500New contract, August 2021: AED 60,000 a yearNew contract, July 2022: AED 65,000 a yearNew contract, August 2023: AED 82,000 a yearNew contract, September 2024: AED 77,000 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 Views, and where 111 sits

All 128 1-beds →

111 last sold in February 2021 at AED 1,099 per sqft, 8% below what one-beds in Prime Views were fetching at the time (AED 1,197). Over the last 12 months one-beds sold for AED 1,260,000 to 1,350,000, around AED 1,589 per sqft, and rent for AED 64,900 to 115,000 a year. 111's AED 77,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Dec 20251,350,000
18 Dec 20251,300,000
16 Dec 20251,260,000
28 Jul 20251,300,000
3 1-bed sales in the last 12 months

Prime Views

Building

151 apartments, 1-bed to 2-bed over 4 floors in Meydan City, completed in 2021 by Prescott Real Estate Development. 3 sold in the last 12 months.

Typical price per sqft
AED 1,589
Typical sale
AED 1.3M
Typical rent
AED 86K /yr
Typical yield
6.6%
Prime Views, Meydan City: prices, sales and rents →

Other units on the 1st floor

All 151 units in Prime Views
Value
1011-bedAED 1.05M · Mar 2023
1021-bedAED 695K · Nov 2021
1031-bedAED 1M · Mar 2021
1041-bedAED 935K · Dec 2020
1051-bedAED 940K · Jan 2021
1061-bedAED 954K · Feb 2021
1071-bedAED 1.01M · Jan 2021
1–7 of 39

111, Prime Views in numbers

  • Sold once: by Prescott Real Estate Development on 10 February 2021 for AED 853,200, or AED 1,099 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 60,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2021 price is 9.0%.
  • One-beds in Prime Views sold for AED 1,260,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,589 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 111, Prime Views

What did unit 111 last sell for?

AED 853,200 on 10 February 2021, sold by the developer: AED 1,099 per sqft for 776 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 77,000 a year on the contract signed on 1 September 2024. The previous contract, from August 2023, was AED 82,000; the unit has been rented since August 2021.

How big is unit 111?

776 sqft (72.1 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2021.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Prime Views sold for AED 1,260,000 to 1,350,000 in the last 12 months, around AED 1,589 per sqft.

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Mortgage on 111, Prime Views

Starts from the last sale price (AED 853K, 10 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 853,200
Deposit, UAE resident (20%)
AED 170,640
Deposit, non-resident (40%)
AED 341,280
Monthly over 25 years at 3.7%
AED 3,491

Plus AED 40,844 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →