BuildingAl Furjan · Prescott Real Estate Development · 2024

Prime Residency 3

Studios to one-beds in Al Furjan. 11 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 1 March 2026
Typical price per sqftAED 1,555Up 5.1% on the year
Typical saleAED 685K11 sales
Typical rentAED 60K /yrAED 130 per sqft
Typical yield8.4%gross, before service charges

About Prime Residency 3

Prime Residency 3 is a contemporary residential building in Al Furjan, a well-established community in south Dubai known for its mix of mid‑rise apartments and family villas. Completed in 2024, it offers modern urban living in a quiet, neighbourhood setting with strong road and public transport links. The building is a mid‑rise configuration with podium parking and a largely glass-and-concrete façade. Homes are primarily studios and one‑bedroom apartments, many with smart‑home features, floor‑to‑ceiling windows and balconies that look over the wider Al Furjan villa community. Interior specifications in listings typically include fitted kitchens, built‑in wardrobes and quality finishes aimed at practical, low‑maintenance living. Residents benefit from on‑site lifestyle amenities such as a swimming pool, well‑equipped gym, multi‑purpose lounge, games room, children’s play area, 24‑hour security and covered parking. Day‑to‑day conveniences are close by within Al Furjan, including supermarkets, cafés, pharmacies and clinics, while a larger choice of retail, dining and entertainment is available a short drive away at major malls in the surrounding corridor. Connectivity is a key advantage. Prime Residency 3 sits within a community served by the Dubai Metro (Route 2020 extension of the Red Line) via the nearby Al Furjan station, and has straightforward access to the city’s main arteries, including Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. This places employment hubs such as Jebel Ali and Dubai Marina, as well as Expo City, within convenient reach. Overall, Prime Residency 3 suits residents seeking compact, well‑specified apartments in a calm suburban environment with reliable amenities and transport. The combination of modern facilities, proximity to community retail and the metro, and access to key highways underpins its appeal for both everyday commuting and weekend leisure.

292 apartments over 7 floors: 242 studios of 355 to 638 sqft and 39 one-beds of 378 to 1,409 sqft.

11 apartments sold in the 12 months to March 2026, at a median of AED 1,555 per sqft, up 5.1% on the year before. Most of the trading is in studios: 9 of the 11 sales, at AED 471,000 to 700,000, which is why the typical sale sits below the price of its larger homes. 34 rental contracts were registered over the same 12 months, at a typical AED 60,000 a year.

Developer
Prescott Real Estate Development
Completed
2024
Floors
7
Units
292
Unit types
Studio to 1-bed

Al Furjan, Dubai

Average prices in Prime Residency 3

In Prime Residency 3, typical sale prices over the last 12 months were around AED 675,000 for studios and AED 1,120,000 for one-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Prime Residency 3

1,2001,4001,600May 2026Nov 20262025-12-08: AED 1,337, 1-bed, 838 sqft2025-12-10: AED 1,616, Studio, 424 sqft2025-12-10: AED 1,624, Studio, 422 sqft2025-12-15: AED 1,555, Studio, 431 sqft2025-12-17: AED 1,672, Studio, 419 sqft2025-12-25: AED 1,508, Studio, 431 sqft2026-01-15: AED 1,690, Studio, 399 sqft2026-01-28: AED 1,416, 1-bed, 794 sqft2026-02-05: AED 1,835, Studio, 380 sqft2026-02-11: AED 1,454, Studio, 461 sqft2026-02-19: AED 1,119, Studio, 421 sqftTrend: AED 1,585 to AED 1,447

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Prime Residency 3

  • CompletedStudio · 425 sqft 19 Feb 2026AED 471,0001,107 /sqft
  • CompletedStudio · 462 sqft 11 Feb 2026AED 670,0001,448 /sqft
  • CompletedStudio · 386 sqft 05 Feb 2026AED 698,0001,805 /sqft
  • Completed1-bed · 799 sqft 28 Jan 2026AED 1,125,0001,407 /sqft
  • CompletedStudio · 401 sqft 15 Jan 2026AED 675,0001,680 /sqft
  • CompletedStudio · 434 sqft 25 Dec 2025AED 650,0001,495 /sqft
  • CompletedStudio · 418 sqft 17 Dec 2025AED 700,0001,672 /sqft
  • CompletedStudio · 430 sqft 15 Dec 2025AED 670,0001,556 /sqft
  • CompletedStudio · 424 sqft 10 Dec 2025AED 685,0001,615 /sqft
  • CompletedStudio · 424 sqft 10 Dec 2025AED 685,0001,615 /sqft

Over the last 12 months, Prime Residency 3 has recorded 11 apartment sales. Typical homes sold for around AED 685K (about AED 1,555 per sqft) with a median size of 424 sqft; most were studios, from roughly AED 471K to AED 1.13M.

1–10 of 507

Units in Prime Residency 3

292 units
  • Unit 101Studio · 524 sqftSold AED 570K, Dec 2024
  • Unit 1021-bed · 1,403 sqftSold AED 912K, Dec 2021
  • Unit 1031-bed · 971 sqftSold AED 750K, Nov 2022
  • Unit 104Studio · 422 sqftSold AED 412K, Jan 2022
  • Unit 105Studio · 418 sqftSold AED 565K, Oct 2024
  • Unit 106Studio · 421 sqftSold AED 540K, Aug 2024
  • Unit 107Studio · 530 sqftSold AED 495K, Jun 2022
  • Unit 108Studio · 530 sqftSold AED 560K, Jan 2025
  • Unit 109Studio · 532 sqftSold AED 540K, Apr 2024
  • Unit 110Studio · 530 sqftSold AED 424K, May 2022
1–10 of 292
Every unit in Prime Residency 3, by number

By type: studios (242), one-beds (39).

Nearby in Al Furjan

All 91 →
BuildingSale /sqftYield
Amalia ResidencesAED 1,3197.4%
TAYA ResidencesFew sales
GEMZ by DanubeAED 1,3036.8%
Azizi BertonAED 1,5058.7%
Al FouadAED 9458.9%
1–5 of 90 · nearest first

Prime Residency 3 in numbers

  • Across 11 DLD sales in the 12 months to March 2026, the median price in Prime Residency 3 was AED 1,555 per sqft and the typical home sold for about AED 685K.
  • Completed in 2024 by Prescott Real Estate Development ; 7 floors of studios to one-beds.
  • Studios of 355 to 638 sqft sold for AED 471,000 to 700,000 between December 2025 and February 2026, a median AED 1,616 per sqft.
  • A studio of 355 to 638 sqft rents for AED 39,970 to 80,000 a year on the 28 contracts registered in the last 12 months.
  • Gross rental yield 8.4%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 March 2026.

Questions

How much does a studio in Prime Residency 3 cost?

9 studios sold in the 12 months to March 2026, for AED 471,000 to 700,000; the median was AED 675,000, or AED 1,616 per sqft.

How much is a studio for rent in Prime Residency 3?

About AED 60,000 a year: that is the median of the 28 contracts for studios registered with Ejari in the 12 months to March 2026, from AED 39,970 to 80,000.

What is the rental yield in Prime Residency 3?

About 8.4% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Prime Residency 3 gone up?

The median price per sqft rose from about AED 1,480 to AED 1,555 over the 12 months to March 2026, up 5.1%, on 11 sales against 110 the year before.

Who built Prime Residency 3 and when?

Prescott Real Estate Development ; completed in 2024; 7 floors; 292 apartments.

How many apartments are there in Prime Residency 3?

292, studios to one-beds. Each has its own page with its full sales and rental history.

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