2-bed · 1,450 sqftPrime Views, Meydan City · 3rd floor · completed 2021

318, Prime Views

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

Unit 318 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 1.36M18 November 2021
Current rentAED 77K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Prime Views

What is 318 worth today?

Last sold for AED 1,360,521 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2022RentedRenewal
AED 77,000/yr12 months · AED 53 per sqft
18 Nov 2021Sold by developerReady
AED 1,360,521AED 938 per sqft
1 Aug 2021RentedNew contract
AED 77,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
2-bed apartment
Size
1,450 sqft
Floor
3rd of 4
Parking
G-73
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.36M · November 2021
Building
Prime Views

About 318, Prime Views

318 is a two-bedroom apartment of 1,450 sqft on the 3rd floor of Prime Views, a 4-storey tower in Meydan City completed in 2021 by Prescott Real Estate Development. The developer sold it on 18 November 2021 for AED 1,360,521, or AED 938 per sqft, 23% below the AED 1,215 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 77,000 a year: a gross yield of 5.7% on the 2021 price.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical two-bed in Prime Views
1.4M1.6M201820202022Typical sale price by year: 2018 AED 1,562,435; 2020 AED 1,589,598; 2021 AED 1,476,982Sold by developer, November 2021: AED 1,360,521 (AED 938 per sqft)

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

Rents
Unit 318, each contractTypical two-bed in Prime Views
80K100K120K202120232025Typical rent by year: 2021 AED 80,000; 2022 AED 90,000; 2023 AED 110,000; 2024 AED 115,000; 2025 AED 120,003New contract, August 2021: AED 77,000 a yearRenewal, August 2022: AED 77,000 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 318 sits

All 16 2-beds →

318 last sold in November 2021 at AED 938 per sqft, 23% below what two-beds in Prime Views were fetching at the time (AED 1,215).

Recent 2-bed salesUnit no.Price (AED)Summary
26 Apr 20241,800,000
6 Jun 20231,640,000
8 Apr 20211,475,000
16 Feb 20211,476,982
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 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

318, Prime Views in numbers

  • Sold once: by Prescott Real Estate Development on 18 November 2021 for AED 1,360,521, or AED 938 per sqft.
  • Rented since August 2021 on 2 Ejari contracts, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2021 price is 5.7%.

Source: Dubai Land Department. Updated 1 August 2022.

Questions about 318, Prime Views

What did unit 318 last sell for?

AED 1,360,521 on 18 November 2021, sold by the developer: AED 938 per sqft for 1,450 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 77,000 a year on the contract renewed on 1 August 2022. The previous contract, from August 2021, was AED 77,000.

How big is unit 318?

1,450 sqft (134.7 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2021.

What is unit 318 worth today?

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

Selling 318? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 318, Prime Views

Starts from the last sale price (AED 1.36M, 18 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,360,521
Deposit, UAE resident (20%)
AED 272,104
Deposit, non-resident (40%)
AED 544,208
Monthly over 25 years at 3.7%
AED 5,566

Plus AED 62,152 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →