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

640, Prime Residency 3

Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 640 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 475K11 January 2022
Current rentAED 50K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 640, Prime Residency 3

What is 640 worth today?

Last sold for AED 475,303 in 2022

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8 Sep 2026RentedRenewal
AED 50,000/yr12 months · AED 119 per sqft
8 Sep 2025RentedNew contract
AED 53,000/yr12 months · AED 126 per sqft
11 Jan 2022Sold by developerOff-plan
AED 475,303AED 1,120 per sqft

Source: Dubai Land Department. Updated 8 September 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 475K · January 2022
Building
Prime Residency 3

About 640, Prime Residency 3

640 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 . The developer sold it on 11 January 2022 for AED 475,303, or AED 1,120 per sqft, 4% above the AED 1,075 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 8 September 2026, is AED 50,000 a year: a gross yield of 10.5% on the 2022 price.

Sales and rents for 640 over time

Sales
Unit 640, 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)

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

Rents
Unit 640, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, September 2025: AED 53,000 a yearRenewal, September 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 640 sits

All 250 studios →

640 last sold in January 2022 at AED 1,120 per sqft, 4% above what studios in Prime Residency 3 were fetching at the time (AED 1,075). 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. 640'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 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

640, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 11 January 2022 for AED 475,303, or AED 1,120 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, from AED 53,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 10.5%.
  • 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 8 September 2026.

Questions about 640, Prime Residency 3

What did unit 640 last sell for?

AED 475,303 on 11 January 2022, sold by the developer: AED 1,120 per sqft for 424 sqft. It is the only registered sale of the unit.

What is the rent for unit 640?

AED 50,000 a year on the contract renewed on 8 September 2026. The previous contract, from September 2025, was AED 53,000.

How big is unit 640?

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

What is unit 640 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 640, Prime Residency 3

Starts from the last sale price (AED 475K, 11 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 475,303
Deposit, UAE resident (20%)
AED 95,061
Deposit, non-resident (40%)
AED 190,121
Monthly over 25 years at 3.7%
AED 1,945

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