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Studio · 429 sqftPrime Residency 3, Al Furjan · 3rd floor · completed 2024

342, Prime Residency 3

Sold prices and rental history: sold twice, last in July 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 342 · DLD and Ejari recordsUpdated 4 January 2026
Last soldAED 545K2 July 2024
Current rentAED 60K /yr4 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 342, Prime Residency 3

What is 342 worth today?

Last sold for AED 545,000 in 2024

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4 Jan 2026RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
1 May 2025RentedNew contract
AED 60,000/yr12 months · AED 141 per sqft
1 May 2025RentedNew contract
AED 60,000/yr12 months · AED 141 per sqft
2 Jul 2024SoldOff-plan
AED 545,000AED 1,269 per sqft
19 May 2022Sold by developerOff-plan
AED 455,728AED 1,061 per sqft

Source: Dubai Land Department. Updated 4 January 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
3rd of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 545K · July 2024
Building
Prime Residency 3

About 342, Prime Residency 3

342 is a studio of 429 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 2 July 2024 for AED 545,000, or AED 1,269 per sqft, 4% above the AED 1,225 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 4 January 2026, is AED 60,000 a year: a gross yield of 11.0% on the 2024 price.

Sales and rents for 342 over time

Sales
Unit 342, 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, May 2022: AED 455,728 (AED 1,061 per sqft)Sold, July 2024: AED 545,000 (AED 1,269 per sqft)

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

Rents
Unit 342, each contractTypical studio in Prime Residency 3
40K50K60K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, May 2025: AED 60,000 a yearNew contract, May 2025: AED 60,000 a yearNew contract, January 2026: 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 342 sits

All 250 studios →

342 last sold in July 2024 at AED 1,269 per sqft, 4% above what studios in Prime Residency 3 were fetching at the time (AED 1,225). 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. 342'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 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

342, Prime Residency 3 in numbers

  • Sold twice: first on 19 May 2022 for AED 455,728, last on 2 July 2024 for AED 545,000 (AED 1,269 per sqft).
  • Rented since May 2025 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 11.0%.
  • 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 4 January 2026.

Questions about 342, Prime Residency 3

What did unit 342 last sell for?

AED 545,000 on 2 July 2024: AED 1,269 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 455,728 in May 2022.

What is the rent for unit 342?

AED 60,000 a year on the contract signed on 4 January 2026. The previous contract, from May 2025, was AED 60,000; the unit has been rented since May 2025.

How big is unit 342?

429 sqft (39.9 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2024.

What is unit 342 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 342, Prime Residency 3

Starts from the last sale price (AED 545K, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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