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Studio · 424 sqftPrime Residency 3, Al Furjan · 3rd floor · completed 2024

340, Prime Residency 3

Sold prices and rental history: sold 3 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 340 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 550K12 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 340, Prime Residency 3

What is 340 worth today?

Last sold for AED 550,000 in 2024

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12 Mar 2024SoldOff-plan
AED 550,000AED 1,297 per sqft
29 Aug 2023SoldOff-plan
AED 415,000AED 978 per sqft
16 Feb 2022Sold by developerOff-plan
AED 450,190AED 1,061 per sqft

Source: Dubai Land Department. Updated 12 March 2024.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
3rd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 550K · March 2024
Building
Prime Residency 3

About 340, Prime Residency 3

340 is a studio of 424 sqft on the 3rd floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development . It last sold on 12 March 2024 for AED 550,000, or AED 1,297 per sqft, 12% above the AED 1,153 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 340 over time

Sales
Unit 340, 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 2022: AED 450,190 (AED 1,061 per sqft)Sold, August 2023: AED 415,000 (AED 978 per sqft)Sold, March 2024: AED 550,000 (AED 1,297 per sqft)

340 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 340, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000

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 340 sits

All 250 studios →

340 last sold in March 2024 at AED 1,297 per sqft, 12% above what studios in Prime Residency 3 were fetching at the time (AED 1,153). 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.

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

340, Prime Residency 3 in numbers

  • Sold 3 times: first on 16 February 2022 for AED 450,190, last on 12 March 2024 for AED 550,000 (AED 1,297 per sqft).
  • 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 12 March 2024.

Questions about 340, Prime Residency 3

What did unit 340 last sell for?

AED 550,000 on 12 March 2024: AED 1,297 per sqft for 424 sqft. The unit has 3 registered sales; the first was AED 450,190 in February 2022.

How big is unit 340?

424 sqft (39.4 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 340 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 340, Prime Residency 3

Starts from the last sale price (AED 550K, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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