1-bed · 888 sqftPrime Views, Meydan City · 1st floor · completed 2021

119, Prime Views

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

Unit 119 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 1.03M2 February 2021
Current rentAED 85K /yr17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, Prime Views

What is 119 worth today?

Last sold for AED 1,032,695 in 2021

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17 Jul 2024RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
17 Jul 2023RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
20 Oct 2021RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
2 Feb 2021Sold by developerOff-plan
AED 1,032,695AED 1,162 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
1st of 4
Parking
G-22
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.03M · February 2021
Building
Prime Views

About 119, Prime Views

119 is a one-bedroom apartment of 888 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 2 February 2021 for AED 1,032,695, or AED 1,162 per sqft, in line with the AED 1,182 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 17 July 2024, is AED 85,000 a year: a gross yield of 8.2% on the 2021 price.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical one-bed in Prime Views
1M1.2M20182020202220242026Typical 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 1,032,695 (AED 1,162 per sqft)

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

Rents
Unit 119, 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, October 2021: AED 70,000 a yearNew contract, July 2023: AED 85,000 a yearRenewal, July 2024: AED 85,000 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 119 sits

All 128 1-beds →

119 last sold in February 2021 at AED 1,162 per sqft, in line with what one-beds in Prime Views were fetching at the time (AED 1,182). 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. 119's AED 85,000 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

119, Prime Views in numbers

  • Sold once: by Prescott Real Estate Development on 2 February 2021 for AED 1,032,695, or AED 1,162 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 70,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 8.2%.
  • 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 17 July 2024.

Questions about 119, Prime Views

What did unit 119 last sell for?

AED 1,032,695 on 2 February 2021, sold by the developer: AED 1,162 per sqft for 888 sqft. It is the only registered sale of the unit.

What is the rent for unit 119?

AED 85,000 a year on the contract renewed on 17 July 2024. The previous contract, from July 2023, was AED 85,000; the unit has been rented since October 2021.

How big is unit 119?

888 sqft (82.5 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2021.

What is unit 119 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 119, Prime Views

Starts from the last sale price (AED 1.03M, 2 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,032,695
Deposit, UAE resident (20%)
AED 206,539
Deposit, non-resident (40%)
AED 413,078
Monthly over 25 years at 3.7%
AED 4,225

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →