Home
Dubai prices
About
Blog
Studio · 429 sqftPrime Residency 3, Al Furjan · 7th floor · completed 2024

742, Prime Residency 3

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

Unit 742 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 476K19 January 2022
Current rentAED 55K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 742

Property timeline for 742, Prime Residency 3

What is 742 worth today?

Last sold for AED 475,728 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 129 per sqft
19 Jan 2022Sold by developerOff-plan
AED 475,728AED 1,108 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
7th of 7
Parking
1
Developer
Prescott Real Estate Development
Completed
2024
Last sold
AED 476K · January 2022
Building
Prime Residency 3

About 742, Prime Residency 3

742 is a studio of 429 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 19 January 2022 for AED 475,728, or AED 1,108 per sqft, 3% above the AED 1,075 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2025. The current contract, signed on 20 September 2025, is AED 55,000 a year: a gross yield of 11.6% on the 2022 price.

Sales and rents for 742 over time

Sales
Unit 742, 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 475,728 (AED 1,108 per sqft)

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

Rents
Unit 742, 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 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 742 sits

All 250 studios →

742 last sold in January 2022 at AED 1,108 per sqft, 3% 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. 742'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

742, Prime Residency 3 in numbers

  • Sold once: by Prescott Real Estate Development on 19 January 2022 for AED 475,728, or AED 1,108 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 11.6%.
  • 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 2025.

Questions about 742, Prime Residency 3

What did unit 742 last sell for?

AED 475,728 on 19 January 2022, sold by the developer: AED 1,108 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 742?

AED 55,000 a year on the contract signed on 20 September 2025.

How big is unit 742?

429 sqft (39.9 sqm): a studio on the 7th floor of a 7-storey tower completed in 2024.

What is unit 742 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.

Selling 742? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 742, Prime Residency 3

Starts from the last sale price (AED 476K, 19 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 475,728
Deposit, UAE resident (20%)
AED 95,146
Deposit, non-resident (40%)
AED 190,291
Monthly over 25 years at 3.7%
AED 1,946

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