Studio · 399 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

502, Prime Residency 3

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 19 December 2023
Last soldAED 499K19 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Prime Residency 3

What is 502 worth today?

Last sold for AED 499,000 in 2023

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19 Dec 2023SoldOff-plan
AED 499,000AED 1,250 per sqft
18 Nov 2021Sold by developerOff-plan
AED 439,082AED 1,100 per sqft

Source: Dubai Land Department. Updated 19 December 2023.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 499K · December 2023

About 502, Prime Residency 3

502 is a studio of 399 sqft on the 5th floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development. It last sold on 19 December 2023 for AED 499,000, or AED 1,250 per sqft, 14% above the AED 1,096 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, November 2021: AED 439,082 (AED 1,100 per sqft)Sold, December 2023: AED 499,000 (AED 1,250 per sqft)

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

Rents
Unit 502, each contractTypical studio in Prime Residency 3
55K60K202520262027Typical rent by year: 2025 AED 54,000; 2026 AED 60,000

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 502 sits

All 242 studios →

502 last sold in December 2023 at AED 1,250 per sqft, 14% above what studios in Prime Residency 3 were fetching at the time (AED 1,096). 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.

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 5th floor

All 292 units in Prime Residency 3
Value
501StudioAED 640K · Apr 2025
5031-bedAED 1M · Apr 2025
5041-bedAED 720K · Dec 2021
505StudioAED 427K · Jan 2022
506StudioAED 445K · Dec 2021
507StudioAED 446K · Dec 2021
508StudioAED 412K · Dec 2021
1–7 of 41

502, Prime Residency 3 in numbers

  • Sold twice: first on 18 November 2021 for AED 439,082, last on 19 December 2023 for AED 499,000 (AED 1,250 per sqft).
  • 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 19 December 2023.

Questions about 502, Prime Residency 3

What did unit 502 last sell for?

AED 499,000 on 19 December 2023: AED 1,250 per sqft for 399 sqft. The unit has 2 registered sales; the first was AED 439,082 in November 2021.

How big is unit 502?

399 sqft (37.1 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 502 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 502, Prime Residency 3

Starts from the last sale price (AED 499K, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 499,000
Deposit, UAE resident (20%)
AED 99,800
Deposit, non-resident (40%)
AED 199,600
Monthly over 25 years at 3.7%
AED 2,042

Plus AED 23,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →