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Studio · 422 sqftPrime Residency 3, Al Furjan · 6th floor · completed 2024

623, Prime Residency 3

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

Unit 623 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 660K6 August 2025
Current rentAED 54K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Prime Residency 3

What is 623 worth today?

Last sold for AED 660,000 in 2025

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1 Sep 2025RentedNew contract
AED 54,000/yr12 months · AED 128 per sqft
6 Aug 2025SoldReady
AED 660,000AED 1,564 per sqft
24 Jan 2022Sold by developerOff-plan
AED 475,303AED 1,120 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
6th of 7
Parking
P2-68
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 660K · August 2025
Building
Prime Residency 3

About 623, Prime Residency 3

623 is a studio of 422 sqft on the 6th floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development . It last sold on 6 August 2025 for AED 660,000, or AED 1,564 per sqft, 6% above the AED 1,480 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2025. The current contract, signed on 1 September 2025, is AED 54,000 a year: a gross yield of 8.2% on the 2025 price.

Sales and rents for 623 over time

Sales
Unit 623, 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, January 2022: AED 475,303 (AED 1,120 per sqft)Sold, August 2025: AED 660,000 (AED 1,564 per sqft)

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

Rents
Unit 623, each contractTypical studio in Prime Residency 3
40K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, September 2025: AED 54,000 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 623 sits

All 250 studios →

623 last sold in August 2025 at AED 1,564 per sqft, 6% above what studios in Prime Residency 3 were fetching at the time (AED 1,480). 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. 623's AED 54,000 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 6th floor

All 292 units in Prime Residency 3
Value
601StudioAED 595K · Mar 2024
602StudioAED 464K · Dec 2021
6031-bedAED 1.02M · Feb 2025
6041-bedAED 765K · Sep 2022
605StudioAED 432K · Jan 2022
606StudioAED 425K · Jan 2022
607StudioAED 635K · Jul 2025
1–7 of 41

623, Prime Residency 3 in numbers

  • Sold twice: first on 24 January 2022 for AED 475,303, last on 6 August 2025 for AED 660,000 (AED 1,564 per sqft).
  • Rented since September 2025 on one Ejari contract, at AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2025 price is 8.2%.
  • 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 1 September 2025.

Questions about 623, Prime Residency 3

What did unit 623 last sell for?

AED 660,000 on 6 August 2025: AED 1,564 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 475,303 in January 2022.

What is the rent for unit 623?

AED 54,000 a year on the contract signed on 1 September 2025.

How big is unit 623?

422 sqft (39.2 sqm): a studio on the 6th floor of a 7-storey tower completed in 2024.

What is unit 623 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 623, Prime Residency 3

Starts from the last sale price (AED 660K, 6 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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