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Studio · 399 sqftPrime Residency 3, Al Furjan · 7th floor · completed 2024

716, Prime Residency 3

Sold prices and rental history: sold 3 times, last in June 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 655K2 June 2025
Current rentAED 55K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 716, Prime Residency 3

What is 716 worth today?

Last sold for AED 655,000 in 2025

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20 Sep 2026RentedRenewal
AED 55,000/yr6 months · AED 138 per sqft
20 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 138 per sqft
2 Jun 2025SoldReady
AED 655,000AED 1,641 per sqft
25 Apr 2024SoldOff-plan
AED 530,000AED 1,319 per sqft
29 Dec 2021Sold by developerOff-plan
AED 436,817AED 1,087 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
Studio apartment
Size
399 sqft
Floor
7th of 7
Parking
P2-06
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 655K · June 2025
Building
Prime Residency 3

About 716, Prime Residency 3

716 is a studio of 399 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 2 June 2025 for AED 655,000, or AED 1,641 per sqft, 13% above the AED 1,447 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 55,000 a year: a gross yield of 8.4% on the 2025 price.

Sales and rents for 716 over time

Sales
Unit 716, 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, December 2021: AED 436,817 (AED 1,087 per sqft)Sold, April 2024: AED 530,000 (AED 1,319 per sqft)Sold, June 2025: AED 655,000 (AED 1,641 per sqft)

716 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 716, 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 55,000 a yearRenewal, September 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 716 sits

All 250 studios →

716 last sold in June 2025 at AED 1,641 per sqft, 13% above what studios in Prime Residency 3 were fetching at the time (AED 1,447). 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. 716'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
706StudioAED 500K · Sep 2023
707StudioAED 670K · Dec 2025
1–7 of 41

716, Prime Residency 3 in numbers

  • Sold 3 times: first on 29 December 2021 for AED 436,817, last on 2 June 2025 for AED 655,000 (AED 1,641 per sqft).
  • Rented since September 2025 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 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 20 September 2026.

Questions about 716, Prime Residency 3

What did unit 716 last sell for?

AED 655,000 on 2 June 2025: AED 1,641 per sqft for 399 sqft. The unit has 3 registered sales; the first was AED 436,817 in December 2021.

What is the rent for unit 716?

AED 55,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 55,000.

How big is unit 716?

399 sqft (37.1 sqm): a studio on the 7th floor of a 7-storey tower completed in 2024.

What is unit 716 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 716, Prime Residency 3

Starts from the last sale price (AED 655K, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

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