118, Prime Residency 3
Sold prices and rental history: sold once, by the developer in July 2022, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Prime Residency 3
What is 118 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 532 sqft
- Floor
- 1st of 7
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2024
- Last sold
- AED 510K · July 2022
- Building
- Prime Residency 3
About 118, Prime Residency 3
118 is a studio of 532 sqft on the 1st 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 29 July 2022 for AED 510,235, or AED 959 per sqft, 10% below the AED 1,062 studios in the building were fetching at the time.
One Ejari contract is registered, from 20 August 2026. The current contract, signed on 20 August 2026, is AED 50,000 a year: a gross yield of 9.8% on the 2022 price.
Sales and rents for 118 over time
118 has sold once; the dashed line is the studio median of each year in the building.
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 118 sits
All 250 studios →118 last sold in July 2022 at AED 959 per sqft, 10% below what studios in Prime Residency 3 were fetching at the time (AED 1,062). Over the last 12 months studios sold for AED 471,000 to 730,000, around AED 1,620 per sqft, and rent for AED 35,655 to 84,000 a year. 118's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20269 September 2026 | 394 sqft | 615,000 | 1,559 | ||
| 2 Sep 20262 September 2026 | 412 sqft | 630,000 | 1,528 | ||
| 26 Aug 202626 August 2026 | 426 sqft | 660,000 | 1,550 | ||
| 24 Aug 202624 August 2026 | 389 sqft | 693,000 | 1,780 |
Prime Residency 3
Building292 apartments, studios to 1-bed over 7 floors in Al Furjan, completed in 2024 by Prescott Real Estate Development . 25 sold in the last 12 months.
- Typical price per sqft
- AED 1,555 Up 5.1%
- Typical sale
- AED 685K
- Typical rent
- AED 51K /yr
- Typical yield
- 7.6%
Other units on the 1st floor
All 292 units in Prime Residency 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 524 sqft | AED 570KAED 570,000 · Dec 2024December 2024 | 64,994 /yr | |
| 102 | 1-bed | 1,403 sqft | AED 912KAED 911,859 · Dec 2021December 2021 | 78,000 /yr | |
| 103 | 1-bed | 971 sqft | AED 750KAED 750,000 · Nov 2022November 2022 | 80,000 /yr | |
| 104 | Studio | 422 sqft | AED 412KAED 411,816 · Jan 2022January 2022 | 50,400 /yr | |
| 105 | Studio | 417 sqft | AED 565KAED 565,000 · Oct 2024October 2024 | 46,000 /yr | |
| 106 | Studio | 421 sqft | AED 540KAED 540,000 · Aug 2024August 2024 | 45,000 /yr | |
| 107 | Studio | 530 sqft | AED 495KAED 495,000 · Jun 2022June 2022 | 46,000 /yr | |
| 108 | Studio | 530 sqft | AED 560KAED 560,000 · Jan 2025January 2025 | 55,000 /yr | |
| 109 | Studio | 533 sqft | AED 540KAED 540,000 · Apr 2024April 2024 | 44,000 /yr | |
| 110 | Studio | 530 sqft | AED 424KAED 424,098 · May 2022May 2022 | 45,000 /yr | |
| 111 | Studio | 529 sqft | AED 660KAED 660,000 · Apr 2025April 2025 | 63,000 /yr | |
| 112 | Studio | 528 sqft | AED 490KAED 490,000 · Feb 2023February 2023 | 58,000 /yr | |
| 113 | Studio | 421 sqft | AED 411KAED 410,872 · Feb 2022February 2022 | 50,000 /yr | |
| 114 | Studio | 419 sqft | AED 580KAED 580,000 · Oct 2024October 2024 | 45,000 /yr | |
| 115 | Studio | 422 sqft | AED 411KAED 410,977 · Dec 2021December 2021 | 55,000 /yr | |
| 116 | 1-bed | 957 sqft | AED 1.18MAED 1,180,000 · Aug 2025August 2025 | 87,000 /yr | |
| 117 | 1-bed | 1,390 sqft | AED 903KAED 903,324 · Nov 2022November 2022 | 80,000 /yr | |
| 119 | Studio | 638 sqft | AED 590KAED 590,000 · Feb 2024February 2024 | 40,000 /yr | |
| 120 | Studio | 545 sqft | AED 650KAED 650,000 · Apr 2025April 2025 | 56,000 /yr | |
| 121 | Studio | 550 sqft | AED 495KAED 494,935 · Jul 2022July 2022 | 48,000 /yr | |
| 122 | Studio | 545 sqft | AED 580KAED 580,000 · Dec 2024December 2024 | 67,200 /yr | |
| 123 | Studio | 530 sqft | AED 570KAED 570,000 · Dec 2024December 2024 | 56,000 /yr | |
| 124 | Studio | 442 sqft | AED 630KAED 630,000 · Jun 2025June 2025 | 50,000 /yr | |
| 125 | Studio | 549 sqft | AED 440KAED 439,889 · Jul 2023July 2023 | 52,000 /yr | |
| 126 | 1-bed | 1,407 sqft | AED 1.01MAED 1,010,000 · Aug 2024August 2024 | ||
| 127 | Studio | 435 sqft | AED 435KAED 435,185 · Mar 2022March 2022 | 51,000 /yr | |
| 128 | Studio | 463 sqft | AED 463KAED 462,741 · May 2022May 2022 | 50,400 /yr | |
| 129 | Studio | 463 sqft | AED 463KAED 462,848 · Jun 2022June 2022 | 50,000 /yr | |
| 130 | Studio | 461 sqft | AED 558KAED 558,000 · Jun 2025June 2025 | ||
| 131 | Studio | 461 sqft | AED 670KAED 670,000 · Feb 2026February 2026 | 55,000 /yr | |
| 132 | Studio | 435 sqft | AED 520KAED 520,000 · Jan 2024January 2024 | 60,000 /yr | |
| 133 | 1-bed | 1,409 sqft | AED 916KAED 915,777 · Aug 2022August 2022 | ||
| 134 | Studio | 550 sqft | AED 440KAED 440,148 · Jul 2023July 2023 | 55,000 /yr | |
| 135 | Studio | 458 sqft | AED 470KAED 470,000 · Jun 2024June 2024 | ||
| 136 | Studio | 549 sqft | AED 494KAED 493,773 · Jun 2022June 2022 | 50,000 /yr | |
| 137 | Studio | 549 sqft | AED 489KAED 488,835 · Jun 2022June 2022 | 46,000 /yr | |
| 138 | Studio | 550 sqft | AED 480KAED 480,087 · Apr 2022April 2022 | 50,000 /yr | |
| 139 | Studio | 550 sqft | AED 570KAED 570,000 · Jan 2024January 2024 | ||
| 140 | Studio | 622 sqft | AED 529KAED 528,648 · Jul 2022July 2022 | 55,000 /yr |
118, Prime Residency 3 in numbers
- Sold once: by Prescott Real Estate Development on 29 July 2022 for AED 510,235, or AED 959 per sqft.
- Rented since August 2026 on one Ejari contract, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 9.8%.
- Studios in Prime Residency 3 sold for AED 471,000–730,000 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 20 August 2026.
Questions about 118, Prime Residency 3
What did unit 118 last sell for?
AED 510,235 on 29 July 2022, sold by the developer: AED 959 per sqft for 532 sqft. It is the only registered sale of the unit.
What is the rent for unit 118?
AED 50,000 a year on the contract signed on 20 August 2026.
How big is unit 118?
532 sqft (49.4 sqm): a studio on the 1st floor of a 7-storey tower completed in 2024.
What is unit 118 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 730,000 in the last 12 months, around AED 1,620 per sqft.
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Mortgage on 118, Prime Residency 3
Starts from the last sale price (AED 510K, 29 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 510,235
- Deposit, UAE resident (20%)
- AED 102,047
- Deposit, non-resident (40%)
- AED 204,094
- Monthly over 25 years at 3.7%
- AED 2,088
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →