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Studio · 397 sqftPrime Residency 3, Al Furjan · 3rd floor · completed 2024

311, Prime Residency 3

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

Unit 311 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 385K11 January 2022
Current rentAED 55K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, Prime Residency 3

What is 311 worth today?

Last sold for AED 385,272 in 2022

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1 Apr 2026RentedRenewal
AED 55,000/yr12 months · AED 136 per sqft
1 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 136 per sqft
11 Jan 2022Sold by developerOff-plan
AED 385,272AED 969 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
397 sqft
Floor
3rd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 385K · January 2022
Building
Prime Residency 3

About 311, Prime Residency 3

311 is a studio of 397 sqft on the 3rd 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 11 January 2022 for AED 385,272, or AED 969 per sqft, 10% below the AED 1,075 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 55,000 a year: a gross yield of 14.3% on the 2022 price.

Sales and rents for 311 over time

Sales
Unit 311, 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 385,272 (AED 969 per sqft)

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

Rents
Unit 311, each contractTypical studio in Prime Residency 3
40K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, April 2025: AED 55,000 a yearRenewal, April 2026: AED 55,000 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 311 sits

All 250 studios →

311 last sold in January 2022 at AED 969 per sqft, 10% below what studios in Prime Residency 3 were fetching at the time (AED 1,075). 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. 311's AED 55,000 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 3rd floor

All 292 units in Prime Residency 3
Value
301StudioAED 475K · Nov 2023
302StudioAED 424K · Feb 2022
3031-bedAED 930K · Nov 2024
3041-bedAED 700K · Jul 2022
305StudioAED 391K · Jan 2022
306StudioAED 693K · Aug 2026
307StudioAED 660K · Jul 2025
1–7 of 41

311, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 11 January 2022 for AED 385,272, or AED 969 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 14.3%.
  • 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 April 2026.

Questions about 311, Prime Residency 3

What did unit 311 last sell for?

AED 385,272 on 11 January 2022, sold by the developer: AED 969 per sqft for 397 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 55,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 55,000.

How big is unit 311?

397 sqft (36.9 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 311 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 311, Prime Residency 3

Starts from the last sale price (AED 385K, 11 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 385,272
Deposit, UAE resident (20%)
AED 77,054
Deposit, non-resident (40%)
AED 154,109
Monthly over 25 years at 3.7%
AED 1,576

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