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Studio · 402 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

505, Prime Residency 3

Sold prices and rental history: sold once, by the developer in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 11 January 2022
Last soldAED 427K11 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, Prime Residency 3

What is 505 worth today?

Last sold for AED 426,817 in 2022

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11 Jan 2022Sold by developerOff-plan
AED 426,817AED 1,062 per sqft

Source: Dubai Land Department. Updated 11 January 2022.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 427K · January 2022
Building
Prime Residency 3

About 505, Prime Residency 3

505 is a studio of 402 sqft on the 5th 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 11 January 2022 for AED 426,817, or AED 1,062 per sqft, in line with the AED 1,075 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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 426,817 (AED 1,062 per sqft)

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

Rents
Unit 505, 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 505 sits

All 250 studios →

505 last sold in January 2022 at AED 1,062 per sqft, in line with 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.

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 5th floor

All 292 units in Prime Residency 3
Value
501StudioAED 640K · Apr 2025
502StudioAED 499K · Dec 2023
5031-bedAED 1M · Apr 2025
5041-bedAED 720K · Dec 2021
506StudioAED 445K · Dec 2021
507StudioAED 446K · Dec 2021
508StudioAED 412K · Dec 2021
1–7 of 41

505, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 11 January 2022 for AED 426,817, or AED 1,062 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 11 January 2022.

Questions about 505, Prime Residency 3

What did unit 505 last sell for?

AED 426,817 on 11 January 2022, sold by the developer: AED 1,062 per sqft for 402 sqft. It is the only registered sale of the unit.

How big is unit 505?

402 sqft (37.3 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 505 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 505, Prime Residency 3

Starts from the last sale price (AED 427K, 11 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 426,817
Deposit, UAE resident (20%)
AED 85,363
Deposit, non-resident (40%)
AED 170,727
Monthly over 25 years at 3.7%
AED 1,746

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