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Studio · 394 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

511, Prime Residency 3

Sold prices and rental history: sold twice, last in May 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 27 September 2026
Last soldAED 650K28 May 2025
Current rentAED 63K /yr27 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Prime Residency 3

What is 511 worth today?

Last sold for AED 650,000 in 2025

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27 Sep 2026RentedRenewal
AED 63,000/yr12 months · AED 163 per sqft
27 Sep 2025RentedNew contract
AED 66,000/yr12 months · AED 166 per sqft
28 May 2025SoldReady
AED 650,000AED 1,651 per sqft
28 Jun 2022Sold by developerOff-plan
AED 525,243AED 1,322 per sqft

Source: Dubai Land Department. Updated 27 September 2026.

Key facts

Type
Studio apartment
Size
394 sqft
Floor
5th of 7
Parking
P2-81
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 650K · May 2025
Building
Prime Residency 3

About 511, Prime Residency 3

511 is a studio of 394 sqft on the 5th floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development . It last sold on 28 May 2025 for AED 650,000, or AED 1,651 per sqft, 14% above the AED 1,446 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 27 September 2026, is AED 63,000 a year: a gross yield of 9.7% on the 2025 price.

Sales and rents for 511 over time

Sales
Unit 511, 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, June 2022: AED 525,243 (AED 1,322 per sqft)Sold, May 2025: AED 650,000 (AED 1,651 per sqft)

511 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 511, each contractTypical studio in Prime Residency 3
40K60K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, September 2025: AED 66,000 a yearRenewal, September 2026: AED 63,000 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 511 sits

All 250 studios →

511 last sold in May 2025 at AED 1,651 per sqft, 14% above what studios in Prime Residency 3 were fetching at the time (AED 1,446). 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. 511's AED 63,000 is in the upper 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

511, Prime Residency 3 in numbers

  • Sold twice: first on 28 June 2022 for AED 525,243, last on 28 May 2025 for AED 650,000 (AED 1,651 per sqft).
  • Rented since September 2025 on 2 Ejari contracts, from AED 66,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2025 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 27 September 2026.

Questions about 511, Prime Residency 3

What did unit 511 last sell for?

AED 650,000 on 28 May 2025: AED 1,651 per sqft for 394 sqft. The unit has 2 registered sales; the first was AED 525,243 in June 2022.

What is the rent for unit 511?

AED 63,000 a year on the contract renewed on 27 September 2026. The previous contract, from September 2025, was AED 66,000.

How big is unit 511?

394 sqft (36.6 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 511 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 511, Prime Residency 3

Starts from the last sale price (AED 650K, 28 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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