Studio · 432 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

507, Prime Residency 3

Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 3 September 2025
Last soldAED 446K16 December 2021
Current rentAED 50K /yr3 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Prime Residency 3

What is 507 worth today?

Last sold for AED 446,262 in 2021

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3 Sep 2025RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
16 Dec 2021Sold by developerOff-plan
AED 446,262AED 1,032 per sqft

Source: Dubai Land Department. Updated 3 September 2025.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 446K · December 2021

About 507, Prime Residency 3

507 is a studio of 432 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 16 December 2021 for AED 446,262, or AED 1,032 per sqft, 3% below the AED 1,065 studios in the building were fetching at the time.

One Ejari contract is registered, from 3 September 2025. The current contract, signed on 3 September 2025, is AED 50,000 a year: a gross yield of 11.2% on the 2021 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, December 2021: AED 446,262 (AED 1,032 per sqft)

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

Rents
Unit 507, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, September 2025: AED 50,000 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 507 sits

All 250 studios →

507 last sold in December 2021 at AED 1,032 per sqft, 3% below what studios in Prime Residency 3 were fetching at the time (AED 1,065). 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. 507's AED 50,000 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 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
505StudioAED 427K · Jan 2022
506StudioAED 445K · Dec 2021
508StudioAED 412K · Dec 2021
1–7 of 41

507, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 16 December 2021 for AED 446,262, or AED 1,032 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 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 3 September 2025.

Questions about 507, Prime Residency 3

What did unit 507 last sell for?

AED 446,262 on 16 December 2021, sold by the developer: AED 1,032 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 50,000 a year on the contract signed on 3 September 2025.

How big is unit 507?

432 sqft (40.1 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 507 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 507, Prime Residency 3

Starts from the last sale price (AED 446K, 16 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 446,262
Deposit, UAE resident (20%)
AED 89,252
Deposit, non-resident (40%)
AED 178,505
Monthly over 25 years at 3.7%
AED 1,826

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