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Studio · 424 sqftPrime Residency 3, Al Furjan · 7th floor · completed 2024

741, Prime Residency 3

Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 741 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 475K29 December 2021
Current rentAED 45K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 741, Prime Residency 3

What is 741 worth today?

Last sold for AED 475,303 in 2021

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1 Sep 2026RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
29 Dec 2021Sold by developerOff-plan
AED 475,303AED 1,120 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
424 sqft
Floor
7th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 475K · December 2021
Building
Prime Residency 3

About 741, Prime Residency 3

741 is a studio of 424 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 29 December 2021 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.

One Ejari contract is registered, from 1 September 2026. The current contract, signed on 1 September 2026, is AED 45,000 a year: a gross yield of 9.5% on the 2021 price.

Sales and rents for 741 over time

Sales
Unit 741, 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 475,303 (AED 1,120 per sqft)

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

Rents
Unit 741, 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 2026: AED 45,000 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 741 sits

All 250 studios →

741 last sold in December 2021 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. 741's AED 45,000 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

741, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 29 December 2021 for AED 475,303, or AED 1,120 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2021 price is 9.5%.
  • 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 1 September 2026.

Questions about 741, Prime Residency 3

What did unit 741 last sell for?

AED 475,303 on 29 December 2021, 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 741?

AED 45,000 a year on the contract signed on 1 September 2026.

How big is unit 741?

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

What is unit 741 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 741, Prime Residency 3

Starts from the last sale price (AED 475K, 29 December 2021). 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 →