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Studio · 424 sqftPrime Residency 3, Al Furjan · 2nd floor · completed 2024

224, Prime Residency 3

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

Unit 224 · DLD and Ejari recordsUpdated 6 April 2026
Last soldAED 550K15 November 2024
Current rentAED 52K /yr6 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 224, Prime Residency 3

What is 224 worth today?

Last sold for AED 550,000 in 2024

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6 Apr 2026RentedNew contract
AED 52,000/yr12 months · AED 123 per sqft
7 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
7 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
15 Nov 2024SoldOff-plan
AED 550,000AED 1,297 per sqft
27 Jan 2022Sold by developerOff-plan
AED 445,190AED 1,049 per sqft

Source: Dubai Land Department. Updated 6 April 2026.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
2nd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 550K · November 2024
Building
Prime Residency 3

About 224, Prime Residency 3

224 is a studio of 424 sqft on the 2nd floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development . It last sold on 15 November 2024 for AED 550,000, or AED 1,297 per sqft, in line with the AED 1,297 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 6 April 2026, is AED 52,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for 224 over time

Sales
Unit 224, 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 445,190 (AED 1,049 per sqft)Sold, November 2024: AED 550,000 (AED 1,297 per sqft)

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

Rents
Unit 224, each contractTypical studio in Prime Residency 3
40K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, March 2025: AED 55,000 a yearNew contract, March 2025: AED 55,000 a yearNew contract, April 2026: AED 52,000 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 224 sits

All 250 studios →

224 last sold in November 2024 at AED 1,297 per sqft, in line with what studios in Prime Residency 3 were fetching at the time (AED 1,297). 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. 224's AED 52,000 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 2nd floor

All 292 units in Prime Residency 3
Value
201StudioAED 436K · Jan 2022
202StudioAED 630K · Mar 2025
2031-bedAED 1.12M · Feb 2025
2041-bedAED 750K · Feb 2023
205StudioAED 560K · Dec 2024
206StudioAED 625K · Feb 2025
207StudioAED 480K · Feb 2024
1–7 of 41

224, Prime Residency 3 in numbers

  • Sold twice: first on 27 January 2022 for AED 445,190, last on 15 November 2024 for AED 550,000 (AED 1,297 per sqft).
  • Rented since March 2025 on 3 Ejari contracts, from AED 55,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 9.4%.
  • 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 6 April 2026.

Questions about 224, Prime Residency 3

What did unit 224 last sell for?

AED 550,000 on 15 November 2024: AED 1,297 per sqft for 424 sqft. The unit has 2 registered sales; the first was AED 445,190 in January 2022.

What is the rent for unit 224?

AED 52,000 a year on the contract signed on 6 April 2026. The previous contract, from March 2025, was AED 55,000; the unit has been rented since March 2025.

How big is unit 224?

424 sqft (39.4 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2024.

What is unit 224 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 224, Prime Residency 3

Starts from the last sale price (AED 550K, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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