1-bed · 792 sqftPrime Views, Meydan City · 4th floor · completed 2021

407, Prime Views

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

Unit 407 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 1.15M6 February 2024
Current rentAED 55K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Prime Views

What is 407 worth today?

Last sold for AED 1,150,000 in 2024

Unlock today's estimate, updated daily, with

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

6 Feb 2024SoldReady
AED 1,150,000AED 1,452 per sqft
15 Oct 2022RentedRenewal
AED 54,600/yr12 months · AED 69 per sqft
15 Oct 2021RentedNew contract
AED 52,000/yr12 months · AED 66 per sqft
11 Jan 2018Sold by developerOff-plan
AED 999,691AED 1,262 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
1-bed apartment
Size
792 sqft
Floor
4th of 4
Parking
G-96
Developer
Prescott Real Estate Development
Completed
2021
Last sold
AED 1.15M · February 2024
Building
Prime Views

About 407, Prime Views

407 is a one-bedroom apartment of 792 sqft on the 4th floor of Prime Views, a 4-storey tower in Meydan City completed in 2021 by Prescott Real Estate Development. It last sold on 6 February 2024 for AED 1,150,000, or AED 1,452 per sqft, 7% above the AED 1,359 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 54,600 a year: a gross yield of 4.8% on the 2024 price.

Sales and rents for 407 over time

Sales
Unit 407, 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, January 2018: AED 999,691 (AED 1,262 per sqft)Sold, February 2024: AED 1,150,000 (AED 1,452 per sqft)

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

Rents
Unit 407, 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 52,000 a yearRenewal, October 2022: AED 54,600 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 407 sits

All 128 1-beds →

407 last sold in February 2024 at AED 1,452 per sqft, 7% above what one-beds in Prime Views were fetching at the time (AED 1,359). 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. 407's AED 54,600 is at the bottom 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 4th floor

All 151 units in Prime Views
Value
4011-bedAED 1.21M · May 2023
4021-bedAED 1.07M · Sep 2021
4031-bedAED 950K · Apr 2022
4041-bedAED 961K · Feb 2021
4051-bedAED 1.35M · Dec 2025
4061-bedAED 885K · Jun 2021
4081-bedAED 1.06M · Apr 2021
1–7 of 27

407, Prime Views in numbers

  • Sold twice: first on 11 January 2018 for AED 999,691, last on 6 February 2024 for AED 1,150,000 (AED 1,452 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, from AED 52,000 to AED 54,600 a year.
  • At AED 54,600 a year the gross yield on the 2024 price is 4.8%.
  • 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 February 2024.

Questions about 407, Prime Views

What did unit 407 last sell for?

AED 1,150,000 on 6 February 2024: AED 1,452 per sqft for 792 sqft. The unit has 2 registered sales; the first was AED 999,691 in January 2018.

What is the rent for unit 407?

AED 54,600 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 52,000.

How big is unit 407?

792 sqft (73.6 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2021.

What is unit 407 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.

Selling 407? 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 407, Prime Views

Starts from the last sale price (AED 1.15M, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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