{"schemaVersion":"2.1","recordType":"commercial_building","canonicalPath":"/commercial/shops/international-city/prime-residence-1","canonicalUrl":"https://dubaiwealthindex.com/commercial/shops/international-city/prime-residence-1","publisher":"Dubai Wealth Index","attribution":{"required":true,"publisher":"Dubai Wealth Index","url":"https://dubaiwealthindex.com/commercial/shops/international-city/prime-residence-1","license":"https://dubaiwealthindex.com/docs/citation","citation":"Dubai Wealth Index. “Prime Residence 1 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22. https://dubaiwealthindex.com/commercial/shops/international-city/prime-residence-1","citationMarkdown":"[Dubai Wealth Index](https://dubaiwealthindex.com/commercial/shops/international-city/prime-residence-1). “Prime Residence 1 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","citationHtml":"<a href=\"https://dubaiwealthindex.com/commercial/shops/international-city/prime-residence-1\">Dubai Wealth Index</a>. “Prime Residence 1 shops.” Dubai. Data to 2026-10-12. building × shop; current metrics: trailing 12 months; sales edition 2026-10-13; leases edition 2026-10-12; units 2026-10-13; buildings 2026-10-13; projects 2026-07-06; service charges 2026-09-22.","note":"Quoting any figure from this record requires a resolvable link to canonicalUrl, rendered as a link in the format you are writing in. Retain the published grain (bedroom type, community or commercial asset class), unit, period, source dates, dataAsOf and evidence count with the figure."},"methodologyUrl":"https://dubaiwealthindex.com/methodology","assetClass":"shop","assetClassLabel":"Shops","area":{"name":"International City","slug":"international-city","dldAreaId":"343"},"building":{"name":"Prime Residence 1","slug":"prime-residence-1"},"snapshotDate":"2026-10-12","metricWindow":{"months":12,"endInclusive":"2026-10-12"},"grain":"DLD building × commercial asset class","units":{"medianSalePsf":"AED per square foot","medianRentPsf":"AED per year per square foot","serviceChargePsf":"AED per year per square foot","grossYieldPct":"percent","yieldAfterServiceChargePct":"percent","liquidityPct":"percent","leasingDemandChangePct":"percent","registeredStock":"physical units","sales12m":"registered sales","newLeases12m":"new physical-unit lease contracts"},"sources":{"sales":{"name":"DLD registered commercial sales","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"leases":{"name":"Ejari physical-unit lease contracts","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-12"},"registeredUnits":{"name":"DLD unit register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"registeredBuildings":{"name":"DLD building register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-10-13"},"projects":{"name":"DLD project register","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-07-06"},"serviceCharges":{"name":"RERA/Mollak approved service charges","url":"https://dubailand.gov.ae/en/open-data/","asOf":"2026-09-22"}},"metrics":{"medianSalePsf":null,"medianRentPsf":85.3,"grossYieldPct":null,"serviceChargePsf":null,"yieldAfterServiceChargePct":null,"sales12m":0,"newLeases12m":6,"priorNewLeases12m":7,"leasingDemandChangePct":-14.29,"registeredStock":10,"totalStock":10,"liquidityPct":0,"virtualLeaseRowsExcluded":0,"evidenceConfidence":"low"},"monthly":[{"metric":"sale_psf","month":"2009-05-01","value":1000.01,"recordCount":1},{"metric":"sale_psf","month":"2011-12-01","value":386.7,"recordCount":3},{"metric":"sale_psf","month":"2012-01-01","value":415,"recordCount":4},{"metric":"new_leases","month":"2012-02-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2012-02-01","value":423.24,"recordCount":1},{"metric":"rent_psf","month":"2012-02-01","value":37,"recordCount":1},{"metric":"rent_psf","month":"2012-03-01","value":38.6,"recordCount":1},{"metric":"new_leases","month":"2012-03-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2012-04-01","value":1034.51,"recordCount":1},{"metric":"new_leases","month":"2012-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2012-04-01","value":37.09,"recordCount":1},{"metric":"sale_psf","month":"2013-06-01","value":565,"recordCount":1},{"metric":"sale_psf","month":"2013-07-01","value":575,"recordCount":1},{"metric":"rent_psf","month":"2013-09-01","value":40.58,"recordCount":2},{"metric":"new_leases","month":"2013-09-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2013-11-01","value":43.91,"recordCount":1},{"metric":"new_leases","month":"2013-11-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2013-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2013-12-01","value":44.7,"recordCount":1},{"metric":"sale_psf","month":"2014-01-01","value":575,"recordCount":2},{"metric":"rent_psf","month":"2014-05-01","value":60,"recordCount":1},{"metric":"new_leases","month":"2014-05-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2014-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2014-12-01","value":56.96,"recordCount":1},{"metric":"rent_psf","month":"2015-02-01","value":44.75,"recordCount":2},{"metric":"new_leases","month":"2015-02-01","value":2,"recordCount":2},{"metric":"new_leases","month":"2015-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2015-05-01","value":72,"recordCount":1},{"metric":"sale_psf","month":"2015-08-01","value":650,"recordCount":1},{"metric":"sale_psf","month":"2015-10-01","value":799.71,"recordCount":1},{"metric":"rent_psf","month":"2015-12-01","value":62.19,"recordCount":1},{"metric":"new_leases","month":"2015-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2016-04-01","value":64.1,"recordCount":1},{"metric":"new_leases","month":"2016-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2016-09-01","value":63.17,"recordCount":1},{"metric":"new_leases","month":"2016-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2016-12-01","value":65.3,"recordCount":1},{"metric":"new_leases","month":"2016-12-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-04-01","value":92.73,"recordCount":1},{"metric":"new_leases","month":"2017-04-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2017-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-09-01","value":18.5,"recordCount":1},{"metric":"sale_psf","month":"2017-10-01","value":700.02,"recordCount":2},{"metric":"new_leases","month":"2017-11-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2017-11-01","value":60,"recordCount":1},{"metric":"sale_psf","month":"2017-12-01","value":680.01,"recordCount":1},{"metric":"new_leases","month":"2018-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-04-01","value":92.73,"recordCount":1},{"metric":"new_leases","month":"2018-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2018-05-01","value":66.23,"recordCount":1},{"metric":"new_leases","month":"2019-03-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2019-03-01","value":39.25,"recordCount":2},{"metric":"new_leases","month":"2019-04-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-04-01","value":70.48,"recordCount":1},{"metric":"new_leases","month":"2019-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2019-09-01","value":84.53,"recordCount":1},{"metric":"sale_psf","month":"2019-09-01","value":602.28,"recordCount":3},{"metric":"new_leases","month":"2019-10-01","value":3,"recordCount":3},{"metric":"rent_psf","month":"2019-10-01","value":70.33,"recordCount":3},{"metric":"new_leases","month":"2020-09-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2020-09-01","value":33.36,"recordCount":2},{"metric":"sale_psf","month":"2020-10-01","value":445.12,"recordCount":1},{"metric":"rent_psf","month":"2021-02-01","value":44.17,"recordCount":1},{"metric":"new_leases","month":"2021-02-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2021-05-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2021-05-01","value":48.06,"recordCount":2},{"metric":"new_leases","month":"2021-07-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2021-07-01","value":55,"recordCount":2},{"metric":"rent_psf","month":"2021-08-01","value":84.53,"recordCount":1},{"metric":"new_leases","month":"2021-08-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2021-09-01","value":53.04,"recordCount":1},{"metric":"new_leases","month":"2021-09-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2022-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2022-02-01","value":59.6,"recordCount":1},{"metric":"rent_psf","month":"2022-06-01","value":21.13,"recordCount":1},{"metric":"new_leases","month":"2022-06-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2022-06-01","value":649.02,"recordCount":1},{"metric":"new_leases","month":"2022-09-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-09-01","value":62.56,"recordCount":2},{"metric":"new_leases","month":"2022-10-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2022-10-01","value":59.94,"recordCount":2},{"metric":"new_leases","month":"2023-01-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2023-01-01","value":84.83,"recordCount":1},{"metric":"new_leases","month":"2023-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2023-02-01","value":92.72,"recordCount":1},{"metric":"sale_psf","month":"2023-08-01","value":1001.69,"recordCount":1},{"metric":"sale_psf","month":"2023-11-01","value":936.36,"recordCount":1},{"metric":"new_leases","month":"2024-01-01","value":4,"recordCount":4},{"metric":"rent_psf","month":"2024-01-01","value":105.66,"recordCount":4},{"metric":"new_leases","month":"2024-02-01","value":1,"recordCount":1},{"metric":"sale_psf","month":"2024-02-01","value":583.84,"recordCount":1},{"metric":"rent_psf","month":"2024-02-01","value":112.59,"recordCount":1},{"metric":"new_leases","month":"2024-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-05-01","value":81.98,"recordCount":1},{"metric":"new_leases","month":"2024-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-06-01","value":98.09,"recordCount":1},{"metric":"new_leases","month":"2024-07-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-07-01","value":25.89,"recordCount":1},{"metric":"new_leases","month":"2024-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2024-09-01","value":90,"recordCount":1},{"metric":"rent_psf","month":"2024-10-01","value":62.34,"recordCount":1},{"metric":"new_leases","month":"2024-10-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2025-01-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2025-01-01","value":120.58,"recordCount":2},{"metric":"rent_psf","month":"2025-05-01","value":92.72,"recordCount":1},{"metric":"new_leases","month":"2025-05-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2025-06-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2025-06-01","value":105.66,"recordCount":1},{"metric":"new_leases","month":"2025-09-01","value":2,"recordCount":2},{"metric":"rent_psf","month":"2025-09-01","value":56.5,"recordCount":2},{"metric":"rent_psf","month":"2025-10-01","value":64.33,"recordCount":1},{"metric":"new_leases","month":"2025-10-01","value":1,"recordCount":1},{"metric":"new_leases","month":"2026-02-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-02-01","value":125.22,"recordCount":1},{"metric":"rent_psf","month":"2026-05-01","value":86.07,"recordCount":1},{"metric":"new_leases","month":"2026-05-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-08-01","value":84.53,"recordCount":3},{"metric":"new_leases","month":"2026-08-01","value":3,"recordCount":3},{"metric":"new_leases","month":"2026-09-01","value":1,"recordCount":1},{"metric":"rent_psf","month":"2026-09-01","value":108.67,"recordCount":1}],"methodology":"Building medians over the same trailing 12 months ending on snapshotDate. Sales are matched by the DLD building name; Ejari leases, registered units and service charges are matched through the DLD project and only where that project is this one building, so a tower in a multi-building project carries no rent. Gross yield is median registered annual new rent per square foot divided by median achieved sale price per square foot. Virtual units are excluded."}