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Studio · 442 sqftPrime Residency 3, Al Furjan · 1st floor · completed 2024

124, Prime Residency 3

Sold prices and rental history: sold 3 times, last in June 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 630K13 June 2025
Current rentAED 50K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, Prime Residency 3

What is 124 worth today?

Last sold for AED 630,000 in 2025

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1 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
13 Jun 2025SoldReady
AED 630,000AED 1,424 per sqft
1 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
1 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
22 Nov 2024SoldOff-plan
AED 560,000AED 1,250 per sqft
27 Jan 2022Sold by developerOff-plan
AED 459,194AED 1,024 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
442 sqft
Floor
1st of 7
Parking
G-90
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 630K · June 2025
Building
Prime Residency 3

About 124, Prime Residency 3

124 is a studio of 442 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 June 2025 for AED 630,000, or AED 1,424 per sqft, in line with the AED 1,447 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 March 2026, is AED 50,000 a year: a gross yield of 7.9% on the 2025 price.

Sales and rents for 124 over time

Sales
Unit 124, 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 459,194 (AED 1,024 per sqft)Sold, November 2024: AED 560,000 (AED 1,250 per sqft)Sold, June 2025: AED 630,000 (AED 1,424 per sqft)

124 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 124, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, March 2025: AED 50,000 a yearNew contract, March 2025: AED 50,000 a yearNew contract, March 2026: 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 124 sits

All 250 studios →

124 last sold in June 2025 at AED 1,424 per sqft, in line with what studios in Prime Residency 3 were fetching at the time (AED 1,447). 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. 124's AED 50,000 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

124, Prime Residency 3 in numbers

  • Sold 3 times: first on 27 January 2022 for AED 459,194, last on 13 June 2025 for AED 630,000 (AED 1,424 per sqft).
  • Rented since March 2025 on 3 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 7.9%.
  • 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 March 2026.

Questions about 124, Prime Residency 3

What did unit 124 last sell for?

AED 630,000 on 13 June 2025: AED 1,424 per sqft for 442 sqft. The unit has 3 registered sales; the first was AED 459,194 in January 2022.

What is the rent for unit 124?

AED 50,000 a year on the contract signed on 1 March 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since March 2025.

How big is unit 124?

442 sqft (41.1 sqm): a studio on the 1st floor of a 7-storey tower completed in 2024.

What is unit 124 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 124, Prime Residency 3

Starts from the last sale price (AED 630K, 13 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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