Prime Residence 1 in International City Phase 1 - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Prime Residence 1
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
60
9,150
550,000
Rents in Prime Residence 1
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
61
835
50,500
The cap rate (rental yield) of investments into Prime Residence 1 project is 9.1% on average.
The price of an apartment in Prime Residence 1 is 9,150 AED/sqm on average.
The long term rent of an apartment in Prime Residence 1 is 835 AED/sqm/year on average.
Price for completed 1 bedroom apartment in Prime Residence 1 is 550,000 AED or 9,150 AED/sqm.
Rent for 1 bedroom apartment in Prime Residence 1 is 50,500 AED or 835 AED/sqm.
About Prime Residence 1
'Prime Residence 1' in 'International City Phase 1' area project description
Prime Residency1 is a residential project located in Dubai, UAE. It is a luxurious residential complex that offers a unique lifestyle experience. The project is located in the heart of Dubai, close to the city’s main attractions and amenities. The project offers a range of residential units, ranging from one-bedroom apartments to four-bedroom villas. All units are designed to provide maximum comfort and convenience.
The project features a range of amenities and facilities, including a swimming pool, fitness center, children’s play area, and a clubhouse. The project also features a range of retail outlets, restaurants, and cafes. Residents can also enjoy a range of leisure activities, such as tennis, squash, and basketball courts.
The project is designed to provide a safe and secure environment for its residents. It features a 24-hour security system and CCTV surveillance. The project also features a range of energy-efficient features, such as solar panels, energy-efficient lighting, and water-saving fixtures.
The project is conveniently located close to the Dubai International Airport, the Dubai Metro, and the Dubai Mall. It is also close to a range of shopping, dining, and entertainment options. The project is also close to a range of educational institutions, including the American University of Dubai and the University of Wollongong in Dubai.
The project is designed to provide a luxurious living experience for its residents. It features a range of high-end amenities and facilities, as well as a range of modern and contemporary designs. The project is also designed to provide a comfortable and convenient lifestyle for its residents.
Q&A on Prime Residence 1
What are the advantages of 'Prime Residence 1' project in Dubai for property buyers? What are the disadvantages?
1. Prime location: Prime Residency1 is located in the heart of Dubai, providing easy access to the city’s major attractions, such as the Dubai Mall, Burj Khalifa, and Dubai Marina.
2. Luxurious amenities: The project offers a range of luxurious amenities, including a gym, swimming pool, sauna, steam room, and Jacuzzi.
3. Affordable prices: Prime Residency1 offers competitive prices for its apartments, making it an attractive option for real estate buyers.
4. High-quality construction: The project is built to the highest standards, using quality materials and modern construction techniques.
5. Flexible payment plans: Prime Residency1 offers flexible payment plans, allowing buyers to spread the cost of their purchase over a period of time.