2-bed · 1,139 sqftPrime Views, Meydan City · 2nd floor · completed 2021

216, 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 216 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 1.48M16 February 2021
Current rentAED 125K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Prime Views

What is 216 worth today?

Last sold for AED 1,476,982 in 2021

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12 Dec 2024RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
20 Nov 2023RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
24 Oct 2022RentedRenewal
AED 88,000/yr12 months · AED 77 per sqft
24 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
16 Feb 2021Sold by developerOff-plan
AED 1,476,982AED 1,296 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
2-bed apartment
Size
1,139 sqft
Floor
2nd of 4
Parking
G-70
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.48M · February 2021
Building
Prime Views

About 216, Prime Views

216 is a two-bedroom apartment of 1,139 sqft on the 2nd floor of Prime Views, a 4-storey tower in Meydan City completed in 2021 by Prescott Real Estate Development. The developer sold it on 16 February 2021 for AED 1,476,982, or AED 1,296 per sqft, 8% above the AED 1,203 two-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 12 December 2024, is AED 125,000 a year: a gross yield of 8.5% on the 2021 price.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical two-bed in Prime Views
1.5M1.6M20182019202020212022Typical sale price by year: 2018 AED 1,562,435; 2020 AED 1,589,598; 2021 AED 1,476,982Sold by developer, February 2021: AED 1,476,982 (AED 1,296 per sqft)

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

Rents
Unit 216, each contractTypical two-bed in Prime Views
75K100K125K202120232025Typical rent by year: 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,003New contract, October 2021: AED 80,000 a yearRenewal, October 2022: AED 88,000 a yearNew contract, November 2023: AED 110,000 a yearNew contract, December 2024: AED 125,000 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 Views, and where 216 sits

All 16 2-beds →

216 last sold in February 2021 at AED 1,296 per sqft, 8% above what two-beds in Prime Views were fetching at the time (AED 1,203).

Recent 2-bed salesUnit no.Price (AED)Summary
26 Apr 20241,800,000
6 Jun 20231,640,000
18 Nov 20211,360,521
8 Apr 20211,475,000
0 2-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 2nd floor

All 151 units in Prime Views
Value
2011-bedAED 1.19M · Sep 2022
2021-bedAED 1.07M · Nov 2021
203AED 1.26M · Oct 2025
2041-bedAED 1.12M · Mar 2024
2051-bedAED 590K · Nov 2021
2061-bedAED 1.11M · Jun 2023
2071-bedAED 1.05M · Jan 2023
1–7 of 42

216, Prime Views in numbers

  • Sold once: by Prescott Real Estate Development on 16 February 2021 for AED 1,476,982, or AED 1,296 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 80,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 8.5%.

Source: Dubai Land Department. Updated 12 December 2024.

Questions about 216, Prime Views

What did unit 216 last sell for?

AED 1,476,982 on 16 February 2021, sold by the developer: AED 1,296 per sqft for 1,139 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 125,000 a year on the contract signed on 12 December 2024. The previous contract, from November 2023, was AED 110,000; the unit has been rented since October 2021.

How big is unit 216?

1,139 sqft (105.8 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2021.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 216, Prime Views

Starts from the last sale price (AED 1.48M, 16 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,476,982
Deposit, UAE resident (20%)
AED 295,396
Deposit, non-resident (40%)
AED 590,793
Monthly over 25 years at 3.7%
AED 6,043

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