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Studio · 638 sqftPrime Residency 3, Al Furjan · 1st floor · completed 2024

119, Prime Residency 3

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

Unit 119 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 590K13 February 2024
Current rentAED 46K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, Prime Residency 3

What is 119 worth today?

Last sold for AED 590,000 in 2024

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1 Aug 2026RentedRenewal
AED 46,000/yr12 months · AED 72 per sqft
1 Aug 2026RentedRenewal
AED 40,000/yr12 months · AED 63 per sqft
1 Aug 2025RentedNew contract
AED 52,500/yr12 months · AED 83 per sqft
1 Aug 2025RentedNew contract
AED 52,500/yr12 months · AED 83 per sqft
13 Feb 2024SoldOff-plan
AED 590,000AED 925 per sqft
25 May 2022Sold by developerOff-plan
AED 510,037AED 799 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
638 sqft
Floor
1st of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 590K · February 2024
Building
Prime Residency 3

About 119, Prime Residency 3

119 is a studio of 638 sqft on the 1st floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development . It last sold on 13 February 2024 for AED 590,000, or AED 925 per sqft, 17% below the AED 1,108 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 46,000 a year: a gross yield of 7.8% on the 2024 price.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical studio in Prime Residency 3
400K600K2021202320252027Typical sale price by year: 2021 AED 439,082; 2022 AED 453,894; 2023 AED 480,000; 2024 AED 560,000; 2025 AED 645,000; 2026 AED 672,500Sold by developer, May 2022: AED 510,037 (AED 799 per sqft)Sold, February 2024: AED 590,000 (AED 925 per sqft)

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

Rents
Unit 119, each contractTypical studio in Prime Residency 3
40K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, August 2025: AED 52,500 a yearNew contract, August 2025: AED 52,500 a yearRenewal, August 2026: AED 46,000 a yearRenewal, August 2026: AED 40,000 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 119 sits

All 250 studios →

119 last sold in February 2024 at AED 925 per sqft, 17% below what studios in Prime Residency 3 were fetching at the time (AED 1,108). 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. 119's AED 46,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Sep 2026615,000
2 Sep 2026630,000
26 Aug 2026660,000
24 Aug 2026693,000
20 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 . 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%
Prime Residency 3, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 292 units in Prime Residency 3
Value
101StudioAED 570K · Dec 2024
1021-bedAED 912K · Dec 2021
1031-bedAED 750K · Nov 2022
104StudioAED 412K · Jan 2022
105StudioAED 565K · Oct 2024
106StudioAED 540K · Aug 2024
107StudioAED 495K · Jun 2022
1–7 of 39

119, Prime Residency 3 in numbers

  • Sold twice: first on 25 May 2022 for AED 510,037, last on 13 February 2024 for AED 590,000 (AED 925 per sqft).
  • Rented since August 2025 on 4 Ejari contracts. The rent fell from AED 52,500 to AED 40,000 in 2026 and recovered to AED 46,000 by August 2026.
  • At AED 46,000 a year the gross yield on the 2024 price is 7.8%.
  • 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 1 August 2026.

Questions about 119, Prime Residency 3

What did unit 119 last sell for?

AED 590,000 on 13 February 2024: AED 925 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 510,037 in May 2022.

What is the rent for unit 119?

AED 46,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2026, was AED 40,000; the unit has been rented since August 2025.

How big is unit 119?

638 sqft (59.3 sqm): a studio on the 1st floor of a 7-storey tower completed in 2024.

What is unit 119 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 119, Prime Residency 3

Starts from the last sale price (AED 590K, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →