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Ready building · Prescott

Prime Residency1, Al Warsan First

Highlights

Prime Residency1 at a glance

About Prime Residency1

Prime Residency1 is a mixed-use building in Al Warsan First, Dubai, developed by Prescott. It holds about 174 units: 1-bedroom apartments, 2-bedroom apartments, commercial units.

The building was completed in 2012 and has been in use for about 14 years. 9 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 730 per sq ft.

Prime Residency1 is one of 319 buildings in Al Warsan First: 289 are complete and 13 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Warsan First, Dubai
  • Developed by Prescott
  • Completed in Q1 2012
  • Unit types: 1 Bed, 2 Beds, Commercial
  • Sizes from 580 to 2,700 sq ft
  • Service charge from AED 10.49 per sq ft
  • Centrepoint metro station 7.3 km away
Status
Ready
Developer
Prescott
Location
Al Warsan First, Dubai
Completed
Q1 2012
Unit types
1 Bed, 2 Beds, Commercial
Prices from
AED 300.0K
Median price per sq ft
AED 730
Median gross yield
9.4%
Service charge
AED 12.48 per sq ft (2026)
Nearest metro
International City 1, 0.5 km

Building details

Inside Prime Residency1

Properties in Prime Residency1

1-bedroom apartments in Prime Residency1

There are about 108 of these in Prime Residency1, from 580 to 810 sq ft. They have recently sold for a median of AED 490.0K, or AED 810 per sq ft. Owners who resold made a median 20% over what they paid.

2-bedroom apartments in Prime Residency1

There are about 56 of these in Prime Residency1, from 910 to 1,060 sq ft. They have recently sold for a median of AED 733.0K, or AED 720 per sq ft.

Commercial units in Prime Residency1

There are about 10 of these in Prime Residency1, from 750 to 2,700 sq ft. None has sold recently enough to quote a price.

Unit types in Prime Residency1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed108580 sqft53.9 sqmt – 810 sqft75.3 sqmtAED 490KAED 38.7K
2 Beds56910 sqft84.5 sqmt – 1,060 sqft98.5 sqmtAED 733KAED 58K
Commercial10750 sqft69.7 sqmt – 2,700 sqft250.8 sqmtNo recent sales–

Recent transactions in Prime Residency1

  • Prime Residency 1

    International City

    AED 480K

    AED 742 /sqftAED 7,987 /sqmt

    ReadyApartment
    647 sqft60.1 sqmt1 BedOwner29 Sept 2026

  • Prime Residency 1

    International City

    AED 480K

    AED 740 /sqftAED 7,965 /sqmt

    ReadyApartment
    649 sqft60.3 sqmt1 BedOwner21 Sept 2026

  • Prime Residency 1

    International City

    AED 725K

    AED 728 /sqftAED 7,836 /sqmt

    ReadyApartment
    996 sqft92.5 sqmt2 BedsOwner12 Aug 2026

  • Prime Residency 1

    International City

    AED 565K

    AED 873 /sqftAED 9,397 /sqmt

    ReadyApartment
    647 sqft60.1 sqmt1 BedOwner1 Jun 2026

  • Prime Residency 1

    International City

    AED 490K

    AED 806 /sqftAED 8,676 /sqmt

    ReadyApartment
    608 sqft56.5 sqmt1 BedOwner12 Feb 2026

  • Prime Residency 1

    International City

    AED 550K

    AED 850 /sqftAED 9,149 /sqmt

    ReadyApartment
    647 sqft60.1 sqmt1 BedOwner11 Dec 2025

  • Prime Residency 1

    International City

    AED 490K

    AED 755 /sqftAED 8,127 /sqmt

    ReadyApartment
    649 sqft60.3 sqmt1 BedOwner18 Nov 2025

  • Prime Residency 1

    International City

    AED 550K

    AED 847 /sqftAED 9,117 /sqmt

    ReadyApartment
    649 sqft60.3 sqmt1 BedOwner18 Nov 2025

  • Prime Residency 1

    International City

    AED 740K

    AED 722 /sqftAED 7,772 /sqmt

    ReadyApartment
    1,025 sqft95.2 sqmt2 BedsOwner17 Nov 2025

  • Prime Residency 1

    International City

    AED 475K

    AED 732 /sqftAED 7,879 /sqmt

    ReadyApartment
    649 sqft60.3 sqmt1 BedOwner4 Nov 2025

  • Prime Residency 1

    International City

    AED 725K

    AED 728 /sqftAED 7,836 /sqmt

    ReadyApartment
    996 sqft92.5 sqmt2 BedsOwner27 Oct 2025

  • Prime Residency 1

    International City

    AED 440K

    AED 546 /sqftAED 5,877 /sqmt

    ReadyApartment
    806 sqft74.9 sqmt1 BedOwner7 Oct 2025

  • Prime Residency 1

    International City

    AED 480K

    AED 743 /sqftAED 7,998 /sqmt

    ReadyApartment
    646 sqft60 sqmt1 BedOwner30 Aug 2025

  • Prime Residency 1

    International City

    AED 700K

    AED 714 /sqftAED 7,685 /sqmt

    ReadyApartment
    980 sqft91 sqmt2 BedsOwner26 Aug 2025

  • Prime Residency 1

    International City

    AED 695K

    AED 706 /sqftAED 7,599 /sqmt

    ReadyApartment
    985 sqft91.5 sqmt2 BedsOwner25 Aug 2025

  • Prime Residency 1

    International City

    AED 450K

    AED 696 /sqftAED 7,492 /sqmt

    ReadyApartment
    647 sqft60.1 sqmt1 BedOwner13 Aug 2025

  • Prime Residency 1

    International City

    AED 437.5K

    AED 676 /sqftAED 7,276 /sqmt

    ReadyApartment
    647 sqft60.1 sqmt1 BedOwner27 May 2025

  • Prime Residency 1

    International City

    AED 475K

    AED 752 /sqftAED 8,094 /sqmt

    ReadyApartment
    632 sqft58.7 sqmt1 BedOwner20 May 2025

  • Prime Residency 1

    International City

    AED 445K

    AED 686 /sqftAED 7,384 /sqmt

    ReadyApartment
    649 sqft60.3 sqmt1 BedOwner13 May 2025

  • Prime Residency 1

    International City

    AED 450K

    AED 719 /sqftAED 7,739 /sqmt

    ReadyApartment
    626 sqft58.2 sqmt1 BedOwner2 May 2025

  • Prime Residency 1

    International City

    AED 63K/yr

    ApartmentNew contract
    1,009 sqft93.7 sqmt2 Bedsto

  • Prime Residency 1

    International City

    AED 60K/yr

    ApartmentNew contract
    968 sqft89.9 sqmt2 Bedsto

  • Prime Residency 1

    International City

    AED 40K/yr

    ApartmentNew contract
    636 sqft59.1 sqmt1 Bedto

  • Prime Residency 1

    International City

    AED 48.4K/yr

    ApartmentRenewal
    986 sqft91.6 sqmt2 Bedsto

  • Prime Residency 1

    International City

    AED 55.9K/yr

    ApartmentNew contract
    986 sqft91.6 sqmt2 Bedsto

  • Prime Residency 1

    International City

    AED 37.4K/yr

    ApartmentRenewal
    635 sqft59 sqmt1 Bedto

  • Prime Residency 1

    International City

    AED 46K/yr

    ApartmentNew contract
    806 sqft74.9 sqmt1 Bedto

  • Prime Residency 1

    International City

    AED 37K/yr

    ApartmentNew contract
    638 sqft59.3 sqmt1 Bedto

Every sale in Prime Residency1Every rent contract in Prime Residency1

Service charges in Prime Residency1

The 2026 service charge in Prime Residency1 is AED 10.49 per sq ft for mixed, AED 12.48 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Prime Residency1
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 12.48580 sqft53.9 sqmt – 810 sqft75.3 sqmtAED 7,238 – AED 10,109
2 Beds Apartment (2026)AED 12.48910 sqft84.5 sqmt – 1,060 sqft98.5 sqmtAED 11,357 – AED 13,229

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Prime Residency1

Transportation near Prime Residency1

The nearest Dubai Metro station from Prime Residency1 is Centrepoint (red line, 7.3 km, about 17 min drive). Stations planned on new lines nearby include International City 1 (blue line, 0.5 km, about 6 min walk) and Dragon Mart (blue line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • International City 1Blue line · 0.5 km · about 6 min walk
  • Dragon MartBlue line · 1.4 km · about 5 min drive
  • International City 2Blue line · 1.7 km · about 5 min drive
  • Al WarqaBlue line · 2.9 km · about 8 min drive
  • Auto MarketBlue line · 3.7 km · about 9 min drive
  • Dubai Silicon OasisBlue line · 4 km · about 10 min drive

Shopping and groceries near Prime Residency1

The closest is Lulu Express / France Cluster, International City, 0.7 km from Prime Residency1 (about 8 min walk).

  • Lulu Express / France Cluster, International CitySupermarket · 0.7 km · about 8 min walk
  • Spinneys / International City, France ClusterSupermarket · 0.8 km · about 10 min walk
  • Dragon MartShopping Mall · 2.2 km · about 6 min drive
  • Century MallShopping Mall · 5.7 km · about 13 min drive
  • Mirdif City CentreShopping Mall · 5.7 km · about 13 min drive

Hospitals and clinics near Prime Residency1

The closest is The Osteopathic Health Centre, 7.1 km from Prime Residency1 (about 16 min drive).

  • The Osteopathic Health CentreHospital · 7.1 km · about 16 min drive

Parks and leisure near Prime Residency1

The closest is Mushrif Park, 7.5 km from Prime Residency1 (about 17 min drive).

  • Mushrif ParkPark · 7.5 km · about 17 min drive

Schools near Prime Residency1

The nearest is Newlands School, 1.6 km away. Ratings are the KHDA's latest inspection grades.

  • Newlands SchoolUK · KHDA: Good · 1.6 km
  • Sharjah American International Private School - Dubai BranchAmerican · KHDA: Good · 2.3 km
  • Kings School Nad Al Sheba L.L.CUK · KHDA: Very good · 2.3 km
  • International Academic SchoolAmerican · KHDA: Not inspected due to COVID 19 · 2.4 km
  • Primus Private School L.L.CIndian · KHDA: Good · 2.4 km
  • GEMS Modern AcademyIndian - Indian/IB · KHDA: Outstanding · 2.6 km

Other buildings in Al Warsan First

Al Warsan First has 319 buildings. A few others to compare Prime Residency1 with:

  • 10-02, Al Warsan FirstReady

    10-02

    Al Warsan First · Nakheel

    Completed 2012

  • 10-03, Al Warsan FirstReady

    10-03

    Al Warsan First · Nakheel

    Completed 2012

  • 10-04, Al Warsan FirstReady

    10-04

    Al Warsan First · Nakheel

    Completed 2012

  • 10-06, Al Warsan FirstReady

    10-06

    Al Warsan First · Nakheel

    Completed 2012

  • 10-08, Al Warsan FirstReady

    10-08

    Al Warsan First · Nakheel

    Completed 2012

  • 10-09, Al Warsan FirstReady

    10-09

    Al Warsan First · Nakheel

    Completed 2012

All 319 Al Warsan First buildings →

Things to consider about Prime Residency1

In its favour

  • Owners who resold have made money: a median gain of up to 20%.
  • A median gross yield of 9.4% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Completed 14 years ago: ask about maintenance and any planned refurbishment.
  • The nearest running metro station is 7.3 km away, so a car helps.

FAQs

Prime Residency1: questions answered

Prime Residency1 was developed by Prescott in Al Warsan First.

Prime Residency1 is completed in Q1 2012.

Across its 20 most recent registered sales, Prime Residency1 sold for a median of AED 730 per sq ft and AED 485.0K per unit.

Recent yearly contracts in Prime Residency1 have a median rent of AED 47.2K.

The median gross yield on recently sold units in Prime Residency1 is 9.4%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Prime Residency1 is AED 12.48 per sq ft a year, as registered with the Dubai Land Department.

Prime Residency1 has 1 Bed (580 to 810 sq ft), 2 Beds (910 to 1,060 sq ft), Commercial (750 to 2,700 sq ft).

International City 1 is about 0.5 km from Prime Residency1.

The nearest schools include Newlands School (1.6 km), Sharjah American International Private School - Dubai Branch (2.3 km), Kings School Nad Al Sheba L.L.C (2.3 km).

Buying, selling or renting in Prime Residency1?

A broker who works Al Warsan First will tell you what is available and what comparable homes went for.

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