PropertyIndex

Prime Residency2

Completed · Q4 2010|174 units · 1 building

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Prime Residency2 is a completed apartment development by PRESCOTT INVESTMENTS LIMITED in International City Phase 1, Al Warsan First, comprising 174 registered units. 480 sales are registered with the Dubai Land Department, at a current PIX© price of AED 782 per sqft. At AED 782 per sqft, Prime Residency2 prices in line with the International City Phase 1 average of AED 779 per sqft on registered sales.

PIX© price · 9.5% YoY
663KAED
Typical
782AED
PSF
Gross yield
7.5%
PIX© rent ÷ PIX© price
Sale records
480
DLD · all time
Rent contracts
1,608
Ejari · all time
Prime Residency2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
584 – 2,704 sqft
174663K7829.5%49K7.5%
Residential
Studio · Apartment
1 Bed · Apartment
584 – 806 sqft
108
2 Bed · Apartment
911 – 1,056 sqft
56
Commercial
Shop
755 – 2,704 sqft
10
Sales — Project-Wide480 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
3 Aug 20261 BedPrime Residence 2 · Floor 1647500,000773+42.9%StandardStandard Sale
18 May 20262 BedPrime Residence 2 · Floor 3986750,000761+12.8%StandardStandard Sale
5 Jan 20262 BedPrime Residence 2 · Floor 1911750,000823+59.6%StandardStandard Sale
Rentals — Project-Wide1,608 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 207 rentals
Floor 1 · 47 rentals
Floor 2 · 56 rentals
Floor 3 · 46 rentals
Floor 4 · 58 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20261 BedPrime Residence 2 · Floor 458445,00077+18.8%Standardnew
13 Aug 20261 BedPrime Residence 2 · Floor 364942,00065-16.0%Entry Levelnew
20 Jul 20262 BedPrime Residence 2 · Floor 494860,000630.0%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in International City Phase 1

The closest-priced registered projects in International City Phase 1.

Common questions about Prime Residency2

Answered from Dubai Land Department registered transactions.

How much does a property in Prime Residency2 cost?

Property in Prime Residency2 sells at a current PIX© price of AED 782 per sqft, or about AED 662,510 for a typical unit, based on 480 sales registered with the Dubai Land Department.

Is Prime Residency2 completed?

Yes. Prime Residency2 is recorded as completed in the Dubai Land Department project register (completed q4 2010).

Who is the developer of Prime Residency2?

Prime Residency2 is developed by PRESCOTT INVESTMENTS LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Prime Residency2?

Prime Residency2 yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 1,608 registered Ejari contracts.

How many units are in Prime Residency2?

Prime Residency2 holds 174 registered units, per the Dubai Land Department unit register.

Have prices in Prime Residency2 gone up or down?

Price per sqft has risen +9.5% over the last 12 months, to AED 782, across 480 registered sales.