Home
Dubai prices
About
Blog
Studio · 424 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

509, Prime Residency 3

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

Unit 509 · DLD and Ejari recordsUpdated 24 August 2026
Last soldAED 426K7 March 2022
Current rentAED 45K /yr24 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 509

Property timeline for 509, Prime Residency 3

What is 509 worth today?

Last sold for AED 425,690 in 2022

Unlock today's estimate, updated daily, with

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

24 Aug 2026RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
31 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
31 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
7 Mar 2022Sold by developerOff-plan
AED 425,690AED 1,004 per sqft

Source: Dubai Land Department. Updated 24 August 2026.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 426K · March 2022
Building
Prime Residency 3

About 509, Prime Residency 3

509 is a studio of 424 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 7 March 2022 for AED 425,690, or AED 1,004 per sqft, 6% below the AED 1,069 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 24 August 2026, is AED 45,000 a year: a gross yield of 10.6% on the 2022 price.

Sales and rents for 509 over time

Sales
Unit 509, 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, March 2022: AED 425,690 (AED 1,004 per sqft)

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

Rents
Unit 509, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, July 2025: AED 50,000 a yearNew contract, July 2025: AED 50,000 a yearNew contract, August 2026: AED 45,000 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 509 sits

All 250 studios →

509 last sold in March 2022 at AED 1,004 per sqft, 6% below what studios in Prime Residency 3 were fetching at the time (AED 1,069). 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. 509's AED 45,000 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

509, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 7 March 2022 for AED 425,690, or AED 1,004 per sqft.
  • Rented since July 2025 on 3 Ejari contracts, from AED 50,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 10.6%.
  • 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 24 August 2026.

Questions about 509, Prime Residency 3

What did unit 509 last sell for?

AED 425,690 on 7 March 2022, sold by the developer: AED 1,004 per sqft for 424 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 45,000 a year on the contract signed on 24 August 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since July 2025.

How big is unit 509?

424 sqft (39.4 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 509 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 509? 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 509, Prime Residency 3

Starts from the last sale price (AED 426K, 7 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 425,690
Deposit, UAE resident (20%)
AED 85,138
Deposit, non-resident (40%)
AED 170,276
Monthly over 25 years at 3.7%
AED 1,742

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