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Studio · 545 sqftPrime Residency 3, Al Furjan · 1st floor · completed 2024

122, Prime Residency 3

Sold prices and rental history: sold twice, last in December 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 580K18 December 2024
Current rentAED 67K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, Prime Residency 3

What is 122 worth today?

Last sold for AED 580,000 in 2024

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1 Jan 2026RentedRenewal
AED 67,200/yr12 months · AED 122 per sqft
18 Dec 2024SoldReady
AED 580,000AED 1,065 per sqft
27 Jan 2022Sold by developerOff-plan
AED 494,935AED 899 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
545 sqft
Floor
1st of 7
Parking
G-88
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 580K · December 2024
Building
Prime Residency 3

About 122, Prime Residency 3

122 is a studio of 545 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 18 December 2024 for AED 580,000, or AED 1,065 per sqft, 19% below the AED 1,311 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2026. The current contract, renewed on 1 January 2026, is AED 67,200 a year: a gross yield of 11.6% on the 2024 price.

Sales and rents for 122 over time

Sales
Unit 122, 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, January 2022: AED 494,935 (AED 899 per sqft)Sold, December 2024: AED 580,000 (AED 1,065 per sqft)

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

Rents
Unit 122, each contractTypical studio in Prime Residency 3
40K60K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000Renewal, January 2026: AED 67,200 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 122 sits

All 250 studios →

122 last sold in December 2024 at AED 1,065 per sqft, 19% below what studios in Prime Residency 3 were fetching at the time (AED 1,311). 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. 122's AED 67,200 is in the upper 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

122, Prime Residency 3 in numbers

  • Sold twice: first on 27 January 2022 for AED 494,935, last on 18 December 2024 for AED 580,000 (AED 1,065 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 67,200 a year.
  • At AED 67,200 a year the gross yield on the 2024 price is 11.6%.
  • 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 January 2026.

Questions about 122, Prime Residency 3

What did unit 122 last sell for?

AED 580,000 on 18 December 2024: AED 1,065 per sqft for 545 sqft. The unit has 2 registered sales; the first was AED 494,935 in January 2022.

What is the rent for unit 122?

AED 67,200 a year on the contract renewed on 1 January 2026.

How big is unit 122?

545 sqft (50.6 sqm): a studio on the 1st floor of a 7-storey tower completed in 2024.

What is unit 122 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 122, Prime Residency 3

Starts from the last sale price (AED 580K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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