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Studio · 413 sqftPrime Residency 3, Al Furjan · 7th floor · completed 2024

702, Prime Residency 3

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

Unit 702 · DLD and Ejari recordsUpdated 14 April 2025
Last soldAED 620K30 May 2024
Current rentAED 52K /yr14 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Prime Residency 3

What is 702 worth today?

Last sold for AED 620,000 in 2024

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14 Apr 2025RentedNew contract
AED 52,000/yr12 months · AED 127 per sqft
30 May 2024SoldOff-plan
AED 620,000AED 1,501 per sqft
27 Jan 2022Sold by developerOff-plan
AED 468,549AED 1,134 per sqft

Source: Dubai Land Department. Updated 14 April 2025.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
7th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 620K · May 2024
Building
Prime Residency 3

About 702, Prime Residency 3

702 is a studio of 413 sqft on the 7th floor of Prime Residency 3, a 7-storey tower in Al Furjan completed in 2024 by Prescott Real Estate Development . It last sold on 30 May 2024 for AED 620,000, or AED 1,501 per sqft, 26% above the AED 1,194 studios in the building were fetching at the time.

One Ejari contract is registered, from 14 April 2025. The current contract, signed on 14 April 2025, is AED 52,000 a year: a gross yield of 8.4% on the 2024 price.

Sales and rents for 702 over time

Sales
Unit 702, 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 468,549 (AED 1,134 per sqft)Sold, May 2024: AED 620,000 (AED 1,501 per sqft)

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

Rents
Unit 702, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, April 2025: AED 52,000 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 702 sits

All 250 studios →

702 last sold in May 2024 at AED 1,501 per sqft, 26% above what studios in Prime Residency 3 were fetching at the time (AED 1,194). 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. 702's AED 52,000 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 7th floor

All 292 units in Prime Residency 3
Value
701StudioAED 470K · Mar 2022
7031-bedAED 809K · Feb 2022
7041-bedAED 1.15M · Apr 2026
705StudioAED 650K · Jan 2025
706StudioAED 500K · Sep 2023
707StudioAED 670K · Dec 2025
708StudioAED 698K · Feb 2026
1–7 of 41

702, Prime Residency 3 in numbers

  • Sold twice: first on 27 January 2022 for AED 468,549, last on 30 May 2024 for AED 620,000 (AED 1,501 per sqft).
  • Rented since April 2025 on one Ejari contract, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2024 price is 8.4%.
  • 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 14 April 2025.

Questions about 702, Prime Residency 3

What did unit 702 last sell for?

AED 620,000 on 30 May 2024: AED 1,501 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 468,549 in January 2022.

What is the rent for unit 702?

AED 52,000 a year on the contract signed on 14 April 2025.

How big is unit 702?

413 sqft (38.4 sqm): a studio on the 7th floor of a 7-storey tower completed in 2024.

What is unit 702 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 702, Prime Residency 3

Starts from the last sale price (AED 620K, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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