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Studio · 402 sqftPrime Residency 3, Al Furjan · 3rd floor · completed 2024

316, Prime Residency 3

Sold prices and rental history: sold once, by the developer in January 2022, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 23 September 2026
Last soldAED 403K19 January 2022
Current rentAED 45K /yr23 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Prime Residency 3

What is 316 worth today?

Last sold for AED 402,749 in 2022

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23 Sep 2026RentedRenewal
AED 45,000/yr12 months · AED 113 per sqft
19 Jan 2022Sold by developerOff-plan
AED 402,749AED 1,002 per sqft

Source: Dubai Land Department. Updated 23 September 2026.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
3rd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 403K · January 2022
Building
Prime Residency 3

About 316, Prime Residency 3

316 is a studio of 402 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 19 January 2022 for AED 402,749, or AED 1,002 per sqft, 7% below the AED 1,075 studios in the building were fetching at the time.

One Ejari contract is registered, from 23 September 2026. The current contract, renewed on 23 September 2026, is AED 45,000 a year: a gross yield of 11.2% on the 2022 price.

Sales and rents for 316 over time

Sales
Unit 316, 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 402,749 (AED 1,002 per sqft)

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

Rents
Unit 316, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000Renewal, September 2026: AED 45,000 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 316 sits

All 250 studios →

316 last sold in January 2022 at AED 1,002 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. 316's AED 45,000 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

316, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 19 January 2022 for AED 402,749, or AED 1,002 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 11.2%.
  • 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 2026.

Questions about 316, Prime Residency 3

What did unit 316 last sell for?

AED 402,749 on 19 January 2022, sold by the developer: AED 1,002 per sqft for 402 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 45,000 a year on the contract renewed on 23 September 2026.

How big is unit 316?

402 sqft (37.3 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 316 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 316, Prime Residency 3

Starts from the last sale price (AED 403K, 19 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 402,749
Deposit, UAE resident (20%)
AED 80,550
Deposit, non-resident (40%)
AED 161,100
Monthly over 25 years at 3.7%
AED 1,648

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