Home
Dubai prices
About
Research
Studio · 415 sqftPrime Residency 3, Al Furjan · 7th floor · completed 2024

701, Prime Residency 3

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 18 October 2025
Last soldAED 470K23 March 2022
Current rentAED 50K /yr18 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 701

Property timeline for 701, Prime Residency 3

What is 701 worth today?

Last sold for AED 470,244 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Oct 2025RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
23 Mar 2022Sold by developerOff-plan
AED 470,244AED 1,134 per sqft

Source: Dubai Land Department. Updated 18 October 2025.

Key facts

Type
Studio apartment
Size
415 sqft
Floor
7th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 470K · March 2022
Building
Prime Residency 3

About 701, Prime Residency 3

701 is a studio of 415 sqft on the 7th floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development. The developer sold it on 23 March 2022 for AED 470,244, or AED 1,134 per sqft, 6% above the AED 1,074 studios in the building were fetching at the time.

One Ejari contract is registered, from 18 October 2025. The current contract, signed on 18 October 2025, is AED 50,000 a year: a gross yield of 10.6% on the 2022 price.

Sales and rents for 701 over time

Sales
Unit 701, 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, March 2022: AED 470,244 (AED 1,134 per sqft)

701 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 701, each contractTypical studio in Prime Residency 3
50K55K60K202520262027Typical rent by year: 2025 AED 54,000; 2026 AED 60,000New contract, October 2025: AED 50,000 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 701 sits

All 242 studios →

701 last sold in March 2022 at AED 1,134 per sqft, 6% above what studios in Prime Residency 3 were fetching at the time (AED 1,074). 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. 701's AED 50,000 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 7th floor

All 292 units in Prime Residency 3
Value
702StudioAED 620K · May 2024
7031-bedAED 809K · Feb 2022
7041-bedAED 755K · Jan 2022
705StudioAED 650K · Jan 2025
706StudioAED 500K · Sep 2023
707StudioAED 670K · Dec 2025
708StudioAED 698K · Feb 2026
1–7 of 41

701, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 23 March 2022 for AED 470,244, or AED 1,134 per sqft.
  • Rented since October 2025 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 10.6%.
  • 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 18 October 2025.

Questions about 701, Prime Residency 3

What did unit 701 last sell for?

AED 470,244 on 23 March 2022, sold by the developer: AED 1,134 per sqft for 415 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 50,000 a year on the contract signed on 18 October 2025.

How big is unit 701?

415 sqft (38.6 sqm): a studio on the 7th floor of a 7-storey tower completed in 2024.

What is unit 701 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.

Selling 701? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 701, Prime Residency 3

Starts from the last sale price (AED 470K, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 470,244
Deposit, UAE resident (20%)
AED 94,049
Deposit, non-resident (40%)
AED 188,098
Monthly over 25 years at 3.7%
AED 1,924

Plus AED 22,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →