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Studio · 399 sqftPrime Residency 3, Al Furjan · 3rd floor · completed 2024

312, Prime Residency 3

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 399K29 December 2021
Current rentAED 50K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, Prime Residency 3

What is 312 worth today?

Last sold for AED 399,341 in 2021

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1 Sep 2026RentedRenewal
AED 50,000/yr12 months · AED 119 per sqft
1 Sep 2025RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
29 Dec 2021Sold by developerOff-plan
AED 399,341AED 999 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
3rd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 399K · December 2021
Building
Prime Residency 3

About 312, Prime Residency 3

312 is a studio of 399 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 29 December 2021 for AED 399,341, or AED 999 per sqft, 7% 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 September 2026, is AED 50,000 a year: a gross yield of 12.5% on the 2021 price.

Sales and rents for 312 over time

Sales
Unit 312, 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 399,341 (AED 999 per sqft)

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

Rents
Unit 312, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, September 2025: AED 50,000 a yearRenewal, September 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 312 sits

All 250 studios →

312 last sold in December 2021 at AED 999 per sqft, 7% 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. 312'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 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

312, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 29 December 2021 for AED 399,341, or AED 999 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 12.5%.
  • 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 September 2026.

Questions about 312, Prime Residency 3

What did unit 312 last sell for?

AED 399,341 on 29 December 2021, sold by the developer: AED 999 per sqft for 399 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 50,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 50,000.

How big is unit 312?

399 sqft (37.1 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 312 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 312, Prime Residency 3

Starts from the last sale price (AED 399K, 29 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 399,341
Deposit, UAE resident (20%)
AED 79,868
Deposit, non-resident (40%)
AED 159,736
Monthly over 25 years at 3.7%
AED 1,634

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