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Studio · 399 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

512, Prime Residency 3

Sold prices and rental history: sold twice, last in May 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 24 June 2026
Last soldAED 424K18 May 2023
Current rentAED 45K /yr24 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, Prime Residency 3

What is 512 worth today?

Last sold for AED 424,341 in 2023

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24 Jun 2026RentedNew contract
AED 45,000/yr12 months · AED 114 per sqft
12 Jun 2025RentedNew contract
AED 53,000/yr12 months · AED 134 per sqft
18 May 2023SoldOff-plan
AED 424,341AED 1,062 per sqft
23 Dec 2021Sold by developerOff-plan
AED 424,341AED 1,062 per sqft

Source: Dubai Land Department. Updated 24 June 2026.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 424K · May 2023
Building
Prime Residency 3

About 512, Prime Residency 3

512 is a studio of 399 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 18 May 2023 for AED 424,341, or AED 1,062 per sqft, in line with the AED 1,067 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 24 June 2026, is AED 45,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 512 over time

Sales
Unit 512, 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 424,341 (AED 1,062 per sqft)Sold, May 2023: AED 424,341 (AED 1,062 per sqft)

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

Rents
Unit 512, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, June 2025: AED 53,000 a yearNew contract, June 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 512 sits

All 250 studios →

512 last sold in May 2023 at AED 1,062 per sqft, in line with what studios in Prime Residency 3 were fetching at the time (AED 1,067). 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. 512'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

512, Prime Residency 3 in numbers

  • Sold twice: first on 23 December 2021 for AED 424,341, last on 18 May 2023 for AED 424,341 (AED 1,062 per sqft).
  • Rented since June 2025 on 2 Ejari contracts, from AED 53,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 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 June 2026.

Questions about 512, Prime Residency 3

What did unit 512 last sell for?

AED 424,341 on 18 May 2023: AED 1,062 per sqft for 399 sqft. The unit has 2 registered sales; the first was AED 424,341 in December 2021.

What is the rent for unit 512?

AED 45,000 a year on the contract signed on 24 June 2026. The previous contract, from June 2025, was AED 53,000.

How big is unit 512?

399 sqft (37.1 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 512 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 512, Prime Residency 3

Starts from the last sale price (AED 424K, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 424,341
Deposit, UAE resident (20%)
AED 84,868
Deposit, non-resident (40%)
AED 169,736
Monthly over 25 years at 3.7%
AED 1,736

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