Unit 316, The Residence by Prestige One: what it sold for and what it is worth now

Unit 316 at The Residence by Prestige One is a 1 bed of 791 sq ft. It last sold for AED 976,000 on 23 Apr 2026. At AED 1,204 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 952,000 today.

Value todayAED 952,000AED 944,000 to AED 960,000
Last saleAED 976,00023 Apr 2026 · Resale
Change since last sale-2.5%Building trend alone: AED 976,000
Rent (median asking, 1 bed)AED 80,000Gross yield 8.4%
Bedrooms1 bed
Size791 sq ft
Floor3 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingThe Residence by Prestige One by Prestige One, handed over 2026
Registered sales of this unit2

Every registered sale of unit 316

DatePriceSizeAED/sq ftType
23 Apr 2026AED 976,000791 sq ft1,234Resale
14 Sep 2023AED 976,000791 sq ft1,234Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41611 Dec 2023AED 1,013,748791 sq ft1,282Off-plan
21615 Nov 2023AED 873,859791 sq ft1,105Off-plan
11618 Sep 2023AED 880,270791 sq ft1,113Off-plan

Latest 1 bed sales in The Residence by Prestige One

UnitDatePriceSizeAED/sq ftType
3179 Sep 2026AED 930,000794 sq ft1,171Resale
21525 Aug 2026AED 950,000791 sq ft1,201Resale
10223 Apr 2026AED 990,000820 sq ft1,207Resale
G0518 Mar 2024AED 921,500828 sq ft1,113Off-plan
50227 Feb 2024AED 1,259,700819 sq ft1,538Off-plan
51127 Feb 2024AED 1,259,700819 sq ft1,538Off-plan
51026 Feb 2024AED 1,259,700819 sq ft1,538Off-plan
31526 Feb 2024AED 965,675791 sq ft1,221Off-plan

How we worked out the value

We took the 4 sales in The Residence by Prestige One in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,204). We multiplied it by the size of this unit (791 sq ft). The range uses the middle half of those sales (AED 1,194 to AED 1,214 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 976,000. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 316 at The Residence by Prestige One worth?

About AED 952,000 (range AED 944,000 to AED 960,000), based on AED 1,204 per sq ft from registered sales up to 16 Oct 2026.

When did unit 316 last sell?

23 Apr 2026, for AED 976,000 (resale). It has 2 registered sales.

What rent can unit 316 make?

A 1 bed in The Residence by Prestige One rents for about AED 80,000 a year (median asking rent). That is a gross yield of 8.4% on the estimate.

Sales alert for The Residence by Prestige OneAll sales in The Residence by Prestige One

Unit 315 · Unit 317