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Studio · 401 sqftPrime Residency 3, Al Furjan · 2nd floor · completed 2024

229, Prime Residency 3

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 229 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 409K2 March 2022
Current rentAED 48K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 229, Prime Residency 3

What is 229 worth today?

Last sold for AED 408,865 in 2022

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25 Jul 2025RentedNew contract
AED 48,000/yr12 months · AED 120 per sqft
2 Mar 2022Sold by developerOff-plan
AED 408,865AED 1,019 per sqft

Source: Dubai Land Department. Updated 25 July 2025.

Key facts

Type
Studio apartment
Size
401 sqft
Floor
2nd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 409K · March 2022
Building
Prime Residency 3

About 229, Prime Residency 3

229 is a studio of 401 sqft on the 2nd 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 2 March 2022 for AED 408,865, or AED 1,019 per sqft, 4% below the AED 1,065 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2025. The current contract, signed on 25 July 2025, is AED 48,000 a year: a gross yield of 11.7% on the 2022 price.

Sales and rents for 229 over time

Sales
Unit 229, 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, March 2022: AED 408,865 (AED 1,019 per sqft)

229 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 229, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, July 2025: AED 48,000 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 229 sits

All 250 studios →

229 last sold in March 2022 at AED 1,019 per sqft, 4% below what studios in Prime Residency 3 were fetching at the time (AED 1,065). 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. 229's AED 48,000 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

229, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 2 March 2022 for AED 408,865, or AED 1,019 per sqft.
  • Rented since July 2025 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2022 price is 11.7%.
  • 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 25 July 2025.

Questions about 229, Prime Residency 3

What did unit 229 last sell for?

AED 408,865 on 2 March 2022, sold by the developer: AED 1,019 per sqft for 401 sqft. It is the only registered sale of the unit.

What is the rent for unit 229?

AED 48,000 a year on the contract signed on 25 July 2025.

How big is unit 229?

401 sqft (37.3 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2024.

What is unit 229 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 229, Prime Residency 3

Starts from the last sale price (AED 409K, 2 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 408,865
Deposit, UAE resident (20%)
AED 81,773
Deposit, non-resident (40%)
AED 163,546
Monthly over 25 years at 3.7%
AED 1,673

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