1-bed · 816 sqftPrime Views, Meydan City · 3rd floor · completed 2021

308, Prime Views

Sold prices and rental history: sold 3 times, last in November 2024, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.1M6 November 2024
Current rentAED 85K /yr28 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Prime Views

What is 308 worth today?

Last sold for AED 1,100,000 in 2024

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6 Nov 2024SoldReady
AED 1,100,000AED 1,347 per sqft
28 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 104 per sqft
17 Jan 2023SoldReady
AED 1,050,000AED 1,286 per sqft
29 Mar 2021Sold by developerReady
AED 1,015,583AED 1,243 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
3rd of 4
Parking
G-103
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.1M · November 2024
Building
Prime Views

About 308, Prime Views

308 is a one-bedroom apartment of 816 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 6 November 2024 for AED 1,100,000, or AED 1,347 per sqft, in line with the AED 1,309 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 March 2023. The current contract, signed on 28 March 2023, is AED 85,000 a year: a gross yield of 7.7% on the 2024 price.

Sales and rents for 308 over time

Sales
Unit 308, 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 1,015,583 (AED 1,243 per sqft)Sold, January 2023: AED 1,050,000 (AED 1,286 per sqft)Sold, November 2024: AED 1,100,000 (AED 1,347 per sqft)

308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, 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, 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 308 sits

All 128 1-beds →

308 last sold in November 2024 at AED 1,347 per sqft, in line with what one-beds in Prime Views were fetching at the time (AED 1,309). 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. 308'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
3051-bedAED 1.2M · Apr 2024
3061-bedAED 1.25M · Sep 2023
3071-bedAED 1.02M · Mar 2021
1–7 of 39

308, Prime Views in numbers

  • Sold 3 times: first on 29 March 2021 for AED 1,015,583, last on 6 November 2024 for AED 1,100,000 (AED 1,347 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 7.7%.
  • 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 6 November 2024.

Questions about 308, Prime Views

What did unit 308 last sell for?

AED 1,100,000 on 6 November 2024: AED 1,347 per sqft for 816 sqft. The unit has 3 registered sales; the first was AED 1,015,583 in March 2021.

What is the rent for unit 308?

AED 85,000 a year on the contract signed on 28 March 2023.

How big is unit 308?

816 sqft (75.8 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 308 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 308, Prime Views

Starts from the last sale price (AED 1.1M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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