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Studio · 423 sqftPrime Residency 3, Al Furjan · 2nd floor · completed 2024

238, Prime Residency 3

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 238 · DLD and Ejari recordsUpdated 28 July 2026
Last soldAED 500K1 February 2023
Current rentAED 50K /yr28 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 238, Prime Residency 3

What is 238 worth today?

Last sold for AED 500,000 in 2023

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28 Jul 2026RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
1 Feb 2023Sold by developerOff-plan
AED 500,000AED 1,182 per sqft

Source: Dubai Land Department. Updated 28 July 2026.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
2nd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 500K · February 2023
Building
Prime Residency 3

About 238, Prime Residency 3

238 is a studio of 423 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 1 February 2023 for AED 500,000, or AED 1,182 per sqft, 11% above the AED 1,068 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 July 2026. The current contract, signed on 28 July 2026, is AED 50,000 a year: a gross yield of 10.0% on the 2023 price.

Sales and rents for 238 over time

Sales
Unit 238, 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, February 2023: AED 500,000 (AED 1,182 per sqft)

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

Rents
Unit 238, 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 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 238 sits

All 250 studios →

238 last sold in February 2023 at AED 1,182 per sqft, 11% above what studios in Prime Residency 3 were fetching at the time (AED 1,068). 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. 238'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 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

238, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 1 February 2023 for AED 500,000, or AED 1,182 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 10.0%.
  • 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 28 July 2026.

Questions about 238, Prime Residency 3

What did unit 238 last sell for?

AED 500,000 on 1 February 2023, sold by the developer: AED 1,182 per sqft for 423 sqft. It is the only registered sale of the unit.

What is the rent for unit 238?

AED 50,000 a year on the contract signed on 28 July 2026.

How big is unit 238?

423 sqft (39.3 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2024.

What is unit 238 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 238, Prime Residency 3

Starts from the last sale price (AED 500K, 1 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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