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Prime Residency

UAE > Dubai > International City 1 > Spain Cluster > Prime Residency

Details

Commercial Title :

Prime Residency

Official Title :

Dubai International City

Type :

Free Hold

Development Number :

N/A

Registration Date :

N/A

Construction Started Date :

N/A

Completion Status :

Completed/Ready

Life Cycle :

Mature

Master Developer(s) :

Prescott Real Estate Development

Launch Date :

N/A

Anticipated Completion Date :

N/A

Handover Date :

01-Jan-2010

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Special Classifications



Description

Prime Residency is a multi-building complex in Dubai International City, Dubai.

Prescott Investments Ltd. built the low-rise residential complex known as Prime Residence, commonly referred to as Prime Residency. This apartment, which is separated into two towers called Premier Residences 1 and 2, is located in Dubai International City's Spanish Cluster. Given that it is surrounded by a large number of eateries, supermarkets, retail stores, and shopping centres, this freehold apartment building is in an excellent location. Prime Residence International City, which has a Spanish-style facade, has a variety of services suchas a gym, a kids' playground, round-the-clock security, and underground parking. It also has a gorgeously designed planted garden.

Prime Residence is located in International City, which offers easy access to local locations as well as a variety of bus stops, parks, and pet-friendly areas. The Pavilion Mall, the Ras Al Khor Nature Sanctuary, the Dragon Market, and Burj Park are nearby attractions.

International City is a well-built neighbourhood with numerous clusters that mimic various styles of foreign architecture. There are many different commercial and residential structures, as well as fitness centres.

Sub-buildings

The development comprises two individual buildings.

1- Prime Residency 1

2- Prime Residency 2

The project was developed by Prescott Real Estate Development through its subsidiary Prescott Investments Ltd.

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Location & Nearby

598X+835 - International City - Spain Cluster - Dubai - United Arab Emirates

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Location
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Schools
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Restaurants
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Hospitals
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Metro Stations
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Shopping Malls
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Hotels

Yearly Transactions and Sales

Transactions
Sales
240240180180120120606000Transactions2008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024160,000,000160,000,000120,000,000120,000,00080,000,00080,000,00040,000,00040,000,00000Sales
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Transactions and Sales by Property Types

Transactions
Sales
1,0001,00080080060060040040020020000TransactionsApartmentsApartmentsCommercial PlotsCommercial PlotsShopsShops500,000,000500,000,000400,000,000400,000,000300,000,000300,000,000200,000,000200,000,000100,000,000100,000,00000Sales
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Price Per Square Feet "Sale"

1,0001,000800800600600400400200200Price330891.185550661.1207740.9747694.6179846.0741811.0263800.6667748.9565636.0909549.7143507.6667436.7778497.3333563582.13042008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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Yearly Transactions and Rent

Transactions
Sales
300300240240180180120120606000Transactions2012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202415,000,00015,000,00012,000,00012,000,0009,000,0009,000,0006,000,0006,000,0003,000,0003,000,00000Sales
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Transactions and Rent by Property Types

Transactions
Sales
3,0003,0002,4002,4001,8001,8001,2001,20060060000TransactionsApartmentsApartmentsShopsShops120,000,000120,000,00090,000,00090,000,00060,000,00060,000,00030,000,00030,000,00000Sales
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Price Per Square Feet "Rent"

8080727264645656484840403232Price42.578950.310263.551470.572.129468.513363.921554.714344.541541.468644.458548.781457.228120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
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