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Studio · 422 sqftPrime Residency 3, Al Furjan · 4th floor · completed 2024

424, Prime Residency 3

Sold prices and rental history: sold twice, last in October 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 14 June 2025
Last soldAED 620K18 October 2024
Current rentAED 50K /yr14 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 424, Prime Residency 3

What is 424 worth today?

Last sold for AED 620,000 in 2024

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14 Jun 2025RentedNew contract
AED 49,862/yr12 months · AED 119 per sqft
18 Oct 2024SoldOff-plan
AED 620,000AED 1,461 per sqft
2 Jun 2022Sold by developerOff-plan
AED 470,303AED 1,108 per sqft

Source: Dubai Land Department. Updated 14 June 2025.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
4th of 7
Parking
P1-16
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 620K · October 2024
Building
Prime Residency 3

About 424, Prime Residency 3

424 is a studio of 422 sqft on the 4th floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development. It last sold on 18 October 2024 for AED 620,000, or AED 1,461 per sqft, 12% above the AED 1,305 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 June 2025. The current contract, signed on 14 June 2025, is AED 49,862 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical studio in Prime Residency 3
400K600K2021202320252027Typical sale price by year: 2021 AED 438,159; 2022 AED 453,781; 2023 AED 480,000; 2024 AED 565,000; 2025 AED 645,000; 2026 AED 672,500Sold by developer, June 2022: AED 470,303 (AED 1,108 per sqft)Sold, October 2024: AED 620,000 (AED 1,461 per sqft)

424 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 424, each contractTypical studio in Prime Residency 3
50K55K60K202520262027Typical rent by year: 2025 AED 54,000; 2026 AED 60,000New contract, June 2025: AED 49,862 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Prime Residency 3, and where 424 sits

All 242 studios →

424 last sold in October 2024 at AED 1,461 per sqft, 12% above what studios in Prime Residency 3 were fetching at the time (AED 1,305). Over the last 12 months studios sold for AED 471,000 to 700,000, around AED 1,616 per sqft, and rent for AED 39,970 to 80,000 a year. 424's AED 49,862 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Feb 2026471,000
11 Feb 2026670,000
5 Feb 2026698,000
15 Jan 2026675,000
9 studio sales in the last 12 months

Prime Residency 3

Building

292 apartments, studios to 1-bed over 7 floors in Al Furjan, completed in 2024 by Prescott Real Estate Development. 11 sold in the last 12 months.

Typical price per sqft
AED 1,555 Up 5.1%
Typical sale
AED 685K
Typical rent
AED 60K /yr
Typical yield
8.4%
Prime Residency 3, Al Furjan: prices, sales and rents →

Other units on the 4th floor

All 292 units in Prime Residency 3
Value
401StudioAED 477K · Jun 2022
402StudioAED 474K · Mar 2022
4031-bedAED 792K · Mar 2022
4041-bedAED 440K · Dec 2024
405StudioAED 453K · Apr 2022
406StudioAED 560K · May 2024
407StudioAED 650K · Dec 2025
1–7 of 41

424, Prime Residency 3 in numbers

  • Sold twice: first on 2 June 2022 for AED 470,303, last on 18 October 2024 for AED 620,000 (AED 1,461 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 49,862 a year.
  • At AED 49,862 a year the gross yield on the 2024 price is 8.0%.
  • Studios in Prime Residency 3 sold for AED 471,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 1,555 per sqft.

Source: Dubai Land Department. Updated 14 June 2025.

Questions about 424, Prime Residency 3

What did unit 424 last sell for?

AED 620,000 on 18 October 2024: AED 1,461 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 470,303 in June 2022.

What is the rent for unit 424?

AED 49,862 a year on the contract signed on 14 June 2025.

How big is unit 424?

422 sqft (39.2 sqm): a studio on the 4th floor of a 7-storey tower completed in 2024.

What is unit 424 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Prime Residency 3 sold for AED 471,000 to 700,000 in the last 12 months, around AED 1,616 per sqft.

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Mortgage on 424, Prime Residency 3

Starts from the last sale price (AED 620K, 18 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

Plus AED 31,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →