Home
Dubai prices
About
Research
Studio · 421 sqftPrime Residency 3, Al Furjan · 2nd floor · completed 2024

240, Prime Residency 3

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

Unit 240 · DLD and Ejari recordsUpdated 23 September 2025
Last soldAED 695K9 June 2025
Current rentAED 60K /yr23 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 240

Property timeline for 240, Prime Residency 3

What is 240 worth today?

Last sold for AED 695,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 143 per sqft
9 Jun 2025SoldReady
AED 695,000AED 1,650 per sqft
29 Dec 2021Sold by developerOff-plan
AED 445,190AED 1,049 per sqft

Source: Dubai Land Department. Updated 23 September 2025.

Key facts

Type
Studio apartment
Size
421 sqft
Floor
2nd of 7
Parking
G-55
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 695K · June 2025
Building
Prime Residency 3

About 240, Prime Residency 3

240 is a studio of 421 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 9 June 2025 for AED 695,000, or AED 1,650 per sqft, 14% above the AED 1,452 studios in the building were fetching at the time.

One Ejari contract is registered, from 23 September 2025. The current contract, signed on 23 September 2025, is AED 60,000 a year: a gross yield of 8.6% on the 2025 price.

Sales and rents for 240 over time

Sales
Unit 240, 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, December 2021: AED 445,190 (AED 1,049 per sqft)Sold, June 2025: AED 695,000 (AED 1,650 per sqft)

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

Rents
Unit 240, each contractTypical studio in Prime Residency 3
40K50K60K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, September 2025: AED 60,000 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 240 sits

All 250 studios →

240 last sold in June 2025 at AED 1,650 per sqft, 14% above what studios in Prime Residency 3 were fetching at the time (AED 1,452). 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. 240's AED 60,000 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 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

240, Prime Residency 3 in numbers

  • Sold twice: first on 29 December 2021 for AED 445,190, last on 9 June 2025 for AED 695,000 (AED 1,650 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 8.6%.
  • 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 23 September 2025.

Questions about 240, Prime Residency 3

What did unit 240 last sell for?

AED 695,000 on 9 June 2025: AED 1,650 per sqft for 421 sqft. The unit has 2 registered sales; the first was AED 445,190 in December 2021.

What is the rent for unit 240?

AED 60,000 a year on the contract signed on 23 September 2025.

How big is unit 240?

421 sqft (39.1 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2024.

What is unit 240 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.

Selling 240? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 240, Prime Residency 3

Starts from the last sale price (AED 695K, 9 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 695,000
Deposit, UAE resident (20%)
AED 139,000
Deposit, non-resident (40%)
AED 278,000
Monthly over 25 years at 3.7%
AED 2,843

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