Unit 312, The Residence by Prestige One: what it sold for and what it is worth now

Unit 312 at The Residence by Prestige One is a studio of 469 sq ft. It last sold for AED 650,000 on 7 Aug 2025. At AED 1,207 per sq ft, from 7 sales in the building in the last 24 months, it is worth about AED 566,000 today.

Value todayAED 566,000AED 556,000 to AED 589,000
Last saleAED 650,0007 Aug 2025 · Off-plan
Change since last sale-12.9% 
Rent (median asking, studio)AED 55,000Gross yield 9.7%
Bedroomsstudio
Size469 sq ft
Floor3 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingThe Residence by Prestige One by Prestige One, handed over 2026
Registered sales of this unit2

Every registered sale of unit 312

DatePriceSizeAED/sq ftType
7 Aug 2025AED 650,000469 sq ft1,386Off-plan
14 Sep 2023AED 620,800469 sq ft1,324Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4128 Nov 2023AED 634,800469 sq ft1,354Off-plan
21210 Oct 2023AED 581,801469 sq ft1,241Off-plan
11212 Sep 2023AED 555,000469 sq ft1,183Off-plan

Latest studio sales in The Residence by Prestige One

UnitDatePriceSizeAED/sq ftType
10616 Oct 2026AED 600,000469 sq ft1,279Resale
20722 Feb 2026AED 675,000469 sq ft1,439Off-plan
10521 Jan 2026AED 650,000469 sq ft1,386Off-plan
20626 Dec 2025AED 680,000469 sq ft1,450Off-plan
40713 Nov 2023AED 634,800469 sq ft1,354Off-plan
41013 Nov 2023AED 634,800469 sq ft1,354Off-plan
40813 Nov 2023AED 634,800469 sq ft1,354Off-plan
41113 Nov 2023AED 634,800469 sq ft1,354Off-plan

How we worked out the value

We took the 7 sales in The Residence by Prestige One in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,207). We multiplied it by the size of this unit (469 sq ft). The range uses the middle half of those sales (AED 1,186 to AED 1,257 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 312 at The Residence by Prestige One worth?

About AED 566,000 (range AED 556,000 to AED 589,000), based on AED 1,207 per sq ft from registered sales up to 16 Oct 2026.

When did unit 312 last sell?

7 Aug 2025, for AED 650,000 (off-plan). It has 2 registered sales.

What rent can unit 312 make?

A studio in The Residence by Prestige One rents for about AED 55,000 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

Sales alert for The Residence by Prestige OneAll sales in The Residence by Prestige One

Unit 311 · Unit 313