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Studio · 445 sqftPrime Residency 3, Al Furjan · 7th floor · completed 2024

721, Prime Residency 3

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

Unit 721 · DLD and Ejari recordsUpdated 2 July 2026
Last soldAED 481K15 February 2022
Current rentAED 45K /yr2 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 721, Prime Residency 3

What is 721 worth today?

Last sold for AED 480,994 in 2022

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2 Jul 2026RentedRenewal
AED 44,524/yr12 months · AED 98 per sqft
2 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
2 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
15 Feb 2022Sold by developerOff-plan
AED 480,994AED 1,081 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
7th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 481K · February 2022
Building
Prime Residency 3

About 721, Prime Residency 3

721 is a studio of 445 sqft on the 7th 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 15 February 2022 for AED 480,994, or AED 1,081 per sqft, in line with the AED 1,073 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 2 July 2026, is AED 44,524 a year: a gross yield of 9.3% on the 2022 price.

Sales and rents for 721 over time

Sales
Unit 721, 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 480,994 (AED 1,081 per sqft)

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

Rents
Unit 721, each contractTypical studio in Prime Residency 3
45K50K2024202520262027Typical rent by year: 2024 AED 42,000; 2025 AED 53,000; 2026 AED 50,000New contract, July 2025: AED 50,000 a yearNew contract, July 2025: AED 50,000 a yearRenewal, July 2026: AED 44,524 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 721 sits

All 250 studios →

721 last sold in February 2022 at AED 1,081 per sqft, in line with what studios in Prime Residency 3 were fetching at the time (AED 1,073). 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. 721's AED 44,524 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

721, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 15 February 2022 for AED 480,994, or AED 1,081 per sqft.
  • Rented since July 2025 on 3 Ejari contracts, from AED 50,000 to AED 44,524 a year.
  • At AED 44,524 a year the gross yield on the 2022 price is 9.3%.
  • 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 2 July 2026.

Questions about 721, Prime Residency 3

What did unit 721 last sell for?

AED 480,994 on 15 February 2022, sold by the developer: AED 1,081 per sqft for 445 sqft. It is the only registered sale of the unit.

What is the rent for unit 721?

AED 44,524 a year on the contract renewed on 2 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since July 2025.

How big is unit 721?

445 sqft (41.3 sqm): a studio on the 7th floor of a 7-storey tower completed in 2024.

What is unit 721 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 721, Prime Residency 3

Starts from the last sale price (AED 481K, 15 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 480,994
Deposit, UAE resident (20%)
AED 96,199
Deposit, non-resident (40%)
AED 192,398
Monthly over 25 years at 3.7%
AED 1,968

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