Studio · 387 sqftPrime Residency 3, Al Furjan · 4th floor · completed 2024

408, Prime Residency 3

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

Unit 408 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 446K7 April 2022
Current rentAED 42K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Prime Residency 3

What is 408 worth today?

Last sold for AED 445,640 in 2022

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1 Aug 2026RentedNew contract
AED 42,000/yr12 months · AED 110 per sqft
13 May 2025RentedNew contract
AED 50,000/yr12 months · AED 131 per sqft
13 May 2025RentedNew contract
AED 50,000/yr12 months · AED 131 per sqft
7 Apr 2022Sold by developerOff-plan
AED 445,640AED 1,152 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
4th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 446K · April 2022

About 408, Prime Residency 3

408 is a studio of 387 sqft on the 4th 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 7 April 2022 for AED 445,640, or AED 1,152 per sqft, 7% above the AED 1,073 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 1 August 2026, is AED 42,000 a year: a gross yield of 9.4% on the 2022 price.

Sales and rents for 408 over time

Sales
Unit 408, 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, April 2022: AED 445,640 (AED 1,152 per sqft)

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

Rents
Unit 408, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, May 2025: AED 50,000 a yearNew contract, May 2025: AED 50,000 a yearNew contract, August 2026: AED 42,000 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 408 sits

All 250 studios →

408 last sold in April 2022 at AED 1,152 per sqft, 7% above what studios in Prime Residency 3 were fetching at the time (AED 1,073). 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. 408's AED 42,000 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 4th floor

All 292 units in Prime Residency 3
Value
401StudioAED 477K · Jun 2022
402StudioAED 474K · Mar 2022
4031-bedAED 792K · Mar 2022
4041-bedAED 440K · Dec 2024
405StudioAED 453K · Apr 2022
406StudioAED 560K · May 2024
407StudioAED 650K · Dec 2025
1–7 of 41

408, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 7 April 2022 for AED 445,640, or AED 1,152 per sqft.
  • Rented since May 2025 on 3 Ejari contracts, from AED 50,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 9.4%.
  • 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 August 2026.

Questions about 408, Prime Residency 3

What did unit 408 last sell for?

AED 445,640 on 7 April 2022, sold by the developer: AED 1,152 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 42,000 a year on the contract signed on 1 August 2026. The previous contract, from May 2025, was AED 50,000; the unit has been rented since May 2025.

How big is unit 408?

387 sqft (36.0 sqm): a studio on the 4th floor of a 7-storey tower completed in 2024.

What is unit 408 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 408, Prime Residency 3

Starts from the last sale price (AED 446K, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 445,640
Deposit, UAE resident (20%)
AED 89,128
Deposit, non-resident (40%)
AED 178,256
Monthly over 25 years at 3.7%
AED 1,823

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