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Studio · 424 sqftPrime Residency 3, Al Furjan · 6th floor · completed 2024

624, Prime Residency 3

Sold prices and rental history: sold twice, last in August 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 624 · DLD and Ejari recordsUpdated 27 January 2026
Last soldAED 580K8 August 2024
Current rentAED 62K /yr27 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 624, Prime Residency 3

What is 624 worth today?

Last sold for AED 580,000 in 2024

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27 Jan 2026RentedNew contract
AED 62,000/yr12 months · AED 147 per sqft
8 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
8 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
8 Aug 2024SoldOff-plan
AED 580,000AED 1,367 per sqft
7 Feb 2022Sold by developerOff-plan
AED 475,303AED 1,120 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
6th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 580K · August 2024
Building
Prime Residency 3

About 624, Prime Residency 3

624 is a studio of 424 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 8 August 2024 for AED 580,000, or AED 1,367 per sqft, 9% above the AED 1,251 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 27 January 2026, is AED 62,000 a year: a gross yield of 10.7% on the 2024 price.

Sales and rents for 624 over time

Sales
Unit 624, 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, February 2022: AED 475,303 (AED 1,120 per sqft)Sold, August 2024: AED 580,000 (AED 1,367 per sqft)

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

Rents
Unit 624, each contractTypical studio in Prime Residency 3
40K50K60K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, February 2025: AED 55,000 a yearNew contract, February 2025: AED 55,000 a yearNew contract, January 2026: AED 62,000 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 624 sits

All 250 studios →

624 last sold in August 2024 at AED 1,367 per sqft, 9% above what studios in Prime Residency 3 were fetching at the time (AED 1,251). 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. 624's AED 62,000 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 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

624, Prime Residency 3 in numbers

  • Sold twice: first on 7 February 2022 for AED 475,303, last on 8 August 2024 for AED 580,000 (AED 1,367 per sqft).
  • Rented since February 2025 on 3 Ejari contracts, from AED 55,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 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 27 January 2026.

Questions about 624, Prime Residency 3

What did unit 624 last sell for?

AED 580,000 on 8 August 2024: AED 1,367 per sqft for 424 sqft. The unit has 2 registered sales; the first was AED 475,303 in February 2022.

What is the rent for unit 624?

AED 62,000 a year on the contract signed on 27 January 2026. The previous contract, from February 2025, was AED 55,000; the unit has been rented since February 2025.

How big is unit 624?

424 sqft (39.4 sqm): a studio on the 6th floor of a 7-storey tower completed in 2024.

What is unit 624 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 624, Prime Residency 3

Starts from the last sale price (AED 580K, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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