Home
Dubai prices
About
Blog
Studio · 387 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

508, Prime Residency 3

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

Unit 508 · DLD and Ejari recordsUpdated 19 June 2026
Last soldAED 412K13 December 2021
Current rentAED 40K /yr19 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 508

Property timeline for 508, Prime Residency 3

What is 508 worth today?

Last sold for AED 411,640 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Jun 2026RentedNew contract
AED 40,000/yr12 months · AED 105 per sqft
5 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 131 per sqft
5 Mar 2025RentedNew contract
AED 50,000/yr12 months · AED 131 per sqft
13 Dec 2021Sold by developerOff-plan
AED 411,640AED 1,064 per sqft

Source: Dubai Land Department. Updated 19 June 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 412K · December 2021
Building
Prime Residency 3

About 508, Prime Residency 3

508 is a studio of 387 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 13 December 2021 for AED 411,640, or AED 1,064 per sqft, in line with the AED 1,065 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 19 June 2026, is AED 40,000 a year: a gross yield of 9.7% on the 2021 price.

Sales and rents for 508 over time

Sales
Unit 508, 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 411,640 (AED 1,064 per sqft)

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

Rents
Unit 508, each contractTypical studio in Prime Residency 3
40K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, March 2025: AED 50,000 a yearNew contract, March 2025: AED 50,000 a yearNew contract, June 2026: AED 40,000 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 508 sits

All 250 studios →

508 last sold in December 2021 at AED 1,064 per sqft, in line with 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. 508's AED 40,000 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
507StudioAED 446K · Dec 2021
1–7 of 41

508, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 13 December 2021 for AED 411,640, or AED 1,064 per sqft.
  • Rented since March 2025 on 3 Ejari contracts, from AED 50,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 9.7%.
  • 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 19 June 2026.

Questions about 508, Prime Residency 3

What did unit 508 last sell for?

AED 411,640 on 13 December 2021, sold by the developer: AED 1,064 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 40,000 a year on the contract signed on 19 June 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since March 2025.

How big is unit 508?

387 sqft (36.0 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 508 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.

Selling 508? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 508, Prime Residency 3

Starts from the last sale price (AED 412K, 13 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 411,640
Deposit, UAE resident (20%)
AED 82,328
Deposit, non-resident (40%)
AED 164,656
Monthly over 25 years at 3.7%
AED 1,684

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