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Studio · 421 sqftPrime Residency 3, Al Furjan · 5th floor · completed 2024

538, Prime Residency 3

Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 538 · DLD and Ejari recordsUpdated 6 February 2026
Last soldAED 467K13 December 2021
Current rentAED 50K /yr6 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 538, Prime Residency 3

What is 538 worth today?

Last sold for AED 466,573 in 2021

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6 Feb 2026RentedRenewal
AED 50,000/yr12 months · AED 119 per sqft
13 Dec 2021Sold by developerOff-plan
AED 466,573AED 1,109 per sqft

Source: Dubai Land Department. Updated 6 February 2026.

Key facts

Type
Studio apartment
Size
421 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 467K · December 2021
Building
Prime Residency 3

About 538, Prime Residency 3

538 is a studio of 421 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 466,573, or AED 1,109 per sqft, 4% above the AED 1,065 studios in the building were fetching at the time.

One Ejari contract is registered, from 6 February 2026. The current contract, renewed on 6 February 2026, is AED 50,000 a year: a gross yield of 10.7% on the 2021 price.

Sales and rents for 538 over time

Sales
Unit 538, 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 466,573 (AED 1,109 per sqft)

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

Rents
Unit 538, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000Renewal, February 2026: AED 50,000 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 538 sits

All 250 studios →

538 last sold in December 2021 at AED 1,109 per sqft, 4% above 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. 538's AED 50,000 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

538, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 13 December 2021 for AED 466,573, or AED 1,109 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 10.7%.
  • 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 6 February 2026.

Questions about 538, Prime Residency 3

What did unit 538 last sell for?

AED 466,573 on 13 December 2021, sold by the developer: AED 1,109 per sqft for 421 sqft. It is the only registered sale of the unit.

What is the rent for unit 538?

AED 50,000 a year on the contract renewed on 6 February 2026.

How big is unit 538?

421 sqft (39.1 sqm): a studio on the 5th floor of a 7-storey tower completed in 2024.

What is unit 538 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 538, Prime Residency 3

Starts from the last sale price (AED 467K, 13 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 466,573
Deposit, UAE resident (20%)
AED 93,315
Deposit, non-resident (40%)
AED 186,629
Monthly over 25 years at 3.7%
AED 1,909

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