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Studio · 431 sqftPrime Residency 3, Al Furjan · 7th floor · completed 2024

706, Prime Residency 3

Sold prices and rental history: sold twice, last in September 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 8 April 2026
Last soldAED 500K18 September 2023
Current rentAED 55K /yr8 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Prime Residency 3

What is 706 worth today?

Last sold for AED 500,000 in 2023

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8 Apr 2026RentedRenewal
AED 55,000/yr6 months · AED 129 per sqft
8 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 129 per sqft
8 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 129 per sqft
18 Sep 2023SoldOff-plan
AED 500,000AED 1,159 per sqft
3 Feb 2022Sold by developerOff-plan
AED 450,317AED 1,044 per sqft

Source: Dubai Land Department. Updated 8 April 2026.

Key facts

Type
Studio apartment
Size
431 sqft
Floor
7th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 500K · September 2023
Building
Prime Residency 3

About 706, Prime Residency 3

706 is a studio of 431 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 18 September 2023 for AED 500,000, or AED 1,159 per sqft, 9% above the AED 1,067 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 8 April 2026, is AED 55,000 a year: a gross yield of 11.0% on the 2023 price.

Sales and rents for 706 over time

Sales
Unit 706, 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 450,317 (AED 1,044 per sqft)Sold, September 2023: AED 500,000 (AED 1,159 per sqft)

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

Rents
Unit 706, each contractTypical studio in Prime Residency 3
40K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, April 2025: AED 55,000 a yearNew contract, April 2025: AED 55,000 a yearRenewal, April 2026: AED 55,000 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 706 sits

All 250 studios →

706 last sold in September 2023 at AED 1,159 per sqft, 9% above what studios in Prime Residency 3 were fetching at the time (AED 1,067). 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. 706's AED 55,000 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
702StudioAED 620K · May 2024
7031-bedAED 809K · Feb 2022
7041-bedAED 1.15M · Apr 2026
705StudioAED 650K · Jan 2025
707StudioAED 670K · Dec 2025
708StudioAED 698K · Feb 2026
1–7 of 41

706, Prime Residency 3 in numbers

  • Sold twice: first on 3 February 2022 for AED 450,317, last on 18 September 2023 for AED 500,000 (AED 1,159 per sqft).
  • Rented since April 2025 on 3 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.0%.
  • 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 April 2026.

Questions about 706, Prime Residency 3

What did unit 706 last sell for?

AED 500,000 on 18 September 2023: AED 1,159 per sqft for 431 sqft. The unit has 2 registered sales; the first was AED 450,317 in February 2022.

What is the rent for unit 706?

AED 55,000 a year on the contract renewed on 8 April 2026. The previous contract, from April 2025, was AED 55,000; the unit has been rented since April 2025.

How big is unit 706?

431 sqft (40.0 sqm): a studio on the 7th floor of a 7-storey tower completed in 2024.

What is unit 706 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 706, Prime Residency 3

Starts from the last sale price (AED 500K, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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