1-bed · 850 sqftPrime Views, Meydan City · 3rd floor · completed 2021

305, Prime Views

Sold prices and rental history: sold twice, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 1.2M24 April 2024
Current rentAED 85K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Prime Views

What is 305 worth today?

Last sold for AED 1,200,000 in 2024

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24 Apr 2024SoldReady
AED 1,200,000AED 1,411 per sqft
20 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 100 per sqft
1 Aug 2021RentedNew contract
AED 55,000/yr13 months · AED 65 per sqft
29 Mar 2021Sold by developerReady
AED 1,054,199AED 1,239 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
1-bed apartment
Size
850 sqft
Floor
3rd of 4
Parking
G-108
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.2M · April 2024
Building
Prime Views

About 305, Prime Views

305 is a one-bedroom apartment of 850 sqft on the 3rd floor of Prime Views, a 4-storey tower in Meydan City completed in 2021 by Prescott Real Estate Development. It last sold on 24 April 2024 for AED 1,200,000, or AED 1,411 per sqft, 4% above the AED 1,362 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 20 March 2023, is AED 85,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 305 over time

Sales
Unit 305, 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, March 2021: AED 1,054,199 (AED 1,239 per sqft)Sold, April 2024: AED 1,200,000 (AED 1,411 per sqft)

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

Rents
Unit 305, 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 55,000 a yearNew contract, March 2023: 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 305 sits

All 128 1-beds →

305 last sold in April 2024 at AED 1,411 per sqft, 4% above what one-beds in Prime Views were fetching at the time (AED 1,362). 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. 305'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 3rd floor

All 151 units in Prime Views
Value
3011-bedAED 1.15M · Aug 2024
3021-bedAED 1.14M · Jan 2023
3031-bedAED 960K · Oct 2022
3041-bedAED 1.22M · Dec 2024
3061-bedAED 1.25M · Sep 2023
3071-bedAED 1.02M · Mar 2021
3081-bedAED 1.1M · Nov 2024
1–7 of 39

305, Prime Views in numbers

  • Sold twice: first on 29 March 2021 for AED 1,054,199, last on 24 April 2024 for AED 1,200,000 (AED 1,411 per sqft).
  • Rented since August 2021 on 2 Ejari contracts, from AED 55,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.1%.
  • 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 24 April 2024.

Questions about 305, Prime Views

What did unit 305 last sell for?

AED 1,200,000 on 24 April 2024: AED 1,411 per sqft for 850 sqft. The unit has 2 registered sales; the first was AED 1,054,199 in March 2021.

What is the rent for unit 305?

AED 85,000 a year on the contract signed on 20 March 2023. The previous contract, from August 2021, was AED 55,000.

How big is unit 305?

850 sqft (79.0 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 305 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 305, Prime Views

Starts from the last sale price (AED 1.2M, 24 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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