PRESCOTT INVESTMENTS LIMITED · Selling since 2008 · recent sales mostly resales
completed per DLD · 100% complete · buildings · 174 units · 1 building · DLD target completion December 2010
Registered developer: PRESCOTT INVESTMENTS LIMITED (DLD no. 125)
Escrow account with Habib Bank AG Zurich · Zoned by Trakhees
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Median annual rent of AED 36,383 across 23,480 tenancies registered in the community over the last 12 months.
This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.
AED 770/sqft
+9.9%
117 months
Registered resales here span 117 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Prime Residency2 — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what completed homes of that size actually sold for in Prime Residency2 over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Prime Residency2 itself; the rest are homes of the same size in International City Ph 1, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| 1 bed | AED 490K | AED 50,000/yrsame size in International City Ph 1 | 10.2% | 10 |
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 12/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 7,764 | AED 42,236 | 10.2% | 8.6% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Over the last twelve months a completed 1-bedroom in Prime Residency2 sold for a median AED 490K (10 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
A 1-bedroom rents for a median AED 50,000/yr (homes of about that size in International City Ph 1, 1,170 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Prime Residency2, so every figure above is the rent for homes of that size in International City Ph 1 — the area's rent, not this project's own.
Gross yields on completed homes in Prime Residency2 run about 10.2% on a 1-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
0% of the 19 sales registered in Prime Residency2 in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
The Land Department's register holds 486 sales in Prime Residency2, the earliest registered in 2008. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Price vs. International City Ph 1 median
+8.1%
Priced above the area's real median — ask why.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →When Prime Residency2 completed in December 2010, 3 other other projects in International City Ph 1 were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 22 more other projects in International City Ph 1 are still in the pipeline overall.
Transport, schools, healthcare, and daily essentials within 3 km.
720 m
مدينة العالمية 2
1.2 km
宿舍
1.6 km
Fakeeh University Hospital
619 m
Spinneys
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of International City Ph 1 — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Priced from each tower’s own registered sales, rather than the project median above.
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.