PropertyIndex

Prime Residency 3

Completed · Q4 2024|292 units · 1 building

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Prime Residency 3 is a completed apartment development by PRESCOTT REAL ESTATE DEVELOPMENT L.L.C in Al Furjan, Jabal Ali First, comprising 292 registered units. 503 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,598 per sqft. At AED 1,598 per sqft, Prime Residency 3 prices 16% above the Al Furjan average of AED 1,378 per sqft on registered sales.

PIX© price · 5.1% YoY
749KAED
Typical
1,598AED
PSF
Gross yield
6.6%
PIX© rent ÷ PIX© price
Sale records
503
DLD · all time
Rent contracts
392
Ejari · all time
Prime Residency 3

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
380 – 1,407 sqft
292749K1,5985.1%50K6.6%
Studio · Apartment
380 – 638 sqft
250
1 Bed · Apartment
753 – 1,407 sqft
42
Sales — Project-Wide503 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 141 sales
Floors 1-2 · 39 sales
Floors 3-7 · 102 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
5 Aug 2026StudioFloor 7413687,5001,665+19.6%StandardStandard Sale
24 Jul 20261 BedFloor 48371,152,0001,377+21.3%StandardPayment Plan Sale
18 Jul 2026StudioFloor 5445620,0001,392+28.9%Entry LevelPayment Plan Sale
Rentals — Project-Wide392 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 391 rentals
Floor 1 · 59 rentals
Floors 2-3 · 110 rentals
Floors 4-7 · 222 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
20 Oct 202638951,000131Standardnew
15 Aug 2026Floor 642143,000102-20.4%Entry Levelnew
10 Aug 2026Floor 241248,0001160.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Al Furjan

The closest-priced registered projects in Al Furjan.

Common questions about Prime Residency 3

Answered from Dubai Land Department registered transactions.

How much does a property in Prime Residency 3 cost?

Property in Prime Residency 3 sells at a current PIX© price of AED 1,598 per sqft, or about AED 749,165 for a typical unit, based on 503 sales registered with the Dubai Land Department.

Is Prime Residency 3 completed?

Yes. Prime Residency 3 is recorded as completed in the Dubai Land Department project register (completed q4 2024).

Who is the developer of Prime Residency 3?

Prime Residency 3 is developed by PRESCOTT REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Prime Residency 3?

Prime Residency 3 yields 6.6% gross, calculated from current PIX© rent against current PIX© sale price, across 392 registered Ejari contracts.

How many units are in Prime Residency 3?

Prime Residency 3 holds 292 registered units, per the Dubai Land Department unit register.

Have prices in Prime Residency 3 gone up or down?

Price per sqft has risen +5.1% over the last 12 months, to AED 1,598, across 503 registered sales.