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Prime Residency1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Prescott
174
Total Units
174
Sold
⃃ 505,000
Median Price
⃃ 700
Median Price /sqft
Construction progress: 100% (As of Jan-2012)
Start: Nov, 2008Completion: Jan, 2012

Prime Residency1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed108580 sqft - 810 sqft⃃ 0.5M (810 /sqft)⃃ 670 /sqft
20.18
2 Beds56910 sqft - 1,060 sqft⃃ 0.7M (720 /sqft)⃃ 810 /sqft
-10.77

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Loading chart
November 2026 is partial (13 days) and is excluded from the chart

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
No data found

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment679 sqft3.62 sqft⃃ 618,000⃃ 910 /sqft29, Dec 2012
1Apartment649 sqft3.62 sqft⃃ 601,000⃃ 926 /sqft25, Dec 2012
1Apartment640 sqft3.16 sqft⃃ 598,523⃃ 935 /sqft25, Dec 2012
1Apartment642 sqft3.16 sqft⃃ 598,523⃃ 932 /sqft25, Dec 2012
1Apartment633 sqft3.44 sqft⃃ 588,000⃃ 929 /sqft23, Feb 2015
1Apartment626 sqft3.62 sqft⃃ 578,000⃃ 923 /sqft29, Dec 2011
1Apartment647 sqft3.62 sqft⃃ 577,000⃃ 892 /sqft13, Sep 2012
1Apartment647 sqft3.62 sqft⃃ 576,000⃃ 890 /sqft29, Dec 2011
1Apartment647 sqft3.44 sqft⃃ 565,000⃃ 873 /sqft01, Jun 2026
1Apartment633 sqft3.44 sqft⃃ 560,000⃃ 885 /sqft27, Mar 2014
1Apartment647 sqft3.62 sqft⃃ 550,000⃃ 850 /sqft11, Dec 2025
1Apartment643 sqft3.16 sqft⃃ 550,000⃃ 855 /sqft28, Jul 2015
1Apartment584 sqft⃃ 534,000⃃ 914 /sqft04, Dec 2012
1Apartment608 sqft⃃ 490,000⃃ 806 /sqft12, Feb 2026
1Apartment649 sqft3.62 sqft⃃ 475,000⃃ 732 /sqft04, Nov 2025

Prime Residency1 Real Estate Data – FAQ

  • What is the current property supply in Prime Residency1?

    Prime Residency1 has approximately 22 completed residential units.

  • How active is the real estate market in Prime Residency1?

    Prime Residency1 recorded 9 property transactions over the last 12 months.

  • What is the average price /sqft in Prime Residency1?

    The median recorded sale price in Prime Residency1 is ⃃ 760 /sqft.

  • What rental yield can investors expect in Prime Residency1?

    The gross rental yield in Prime Residency1 is 8%, calculated from median rental income and comparable median sale prices.

  • How much have property prices increased in Prime Residency1?

    The year-over-year median price per square foot change in Prime Residency1 is 8.6%, comparing consecutive 12-month periods.

  • How many off-plan projects are currently in Prime Residency1?

    Prime Residency1 has 0 recorded active off-plan projects.

  • What is the future supply pipeline in Prime Residency1?

    The recorded off-plan pipeline in Prime Residency1 contains 0 units.

  • Is Prime Residency1 a good area for property investment?

    Assess Prime Residency1 using available transaction, rental and supply data. Missing metrics do not establish investment performance, and historical results do not guarantee future returns.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    The gross rental yield in Prime Residency1 is 8%, calculated from median rental income and comparable median sale prices.