Studio · 424 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

524, Prime Residency 3

Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 524 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 750K11 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 524, Prime Residency 3

What is 524 worth today?

Last sold for AED 750,000 in 2024

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11 Jun 2024SoldOff-plan
AED 750,000AED 1,768 per sqft
14 Aug 2023SoldOff-plan
AED 450,000AED 1,061 per sqft
4 Mar 2022Sold by developerOff-plan
AED 470,303AED 1,108 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 750K · June 2024

About 524, Prime Residency 3

524 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 . It last sold on 11 June 2024 for AED 750,000, or AED 1,768 per sqft, 48% above the AED 1,198 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 524 over time

Sales
Unit 524, each saleTypical studio in Prime Residency 3
400K600K800K2021202320252027Typical 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 470,303 (AED 1,108 per sqft)Sold, August 2023: AED 450,000 (AED 1,061 per sqft)Sold, June 2024: AED 750,000 (AED 1,768 per sqft)

524 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 524, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000

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 524 sits

All 250 studios →

524 last sold in June 2024 at AED 1,768 per sqft, 48% above what studios in Prime Residency 3 were fetching at the time (AED 1,198). 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.

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

524, Prime Residency 3 in numbers

  • Sold 3 times: first on 4 March 2022 for AED 470,303, last on 11 June 2024 for AED 750,000 (AED 1,768 per sqft).
  • 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 11 June 2024.

Questions about 524, Prime Residency 3

What did unit 524 last sell for?

AED 750,000 on 11 June 2024: AED 1,768 per sqft for 424 sqft. The unit has 3 registered sales; the first was AED 470,303 in March 2022.

How big is unit 524?

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

What is unit 524 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 524, Prime Residency 3

Starts from the last sale price (AED 750K, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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