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PRIME RESIDENCY 3

PRIME RESIDENCY 3

Properties for Sale
Al Furjan, Dubai
480 000 AED - 795 000 AED
Location Al Furjan, Dubai
Type Development
Completion date III quarter, 2023 (Off-plan)
Living space 40 - 71 m²
Advantages
Completion date
Q3-2023
Downpayment from
10%
10-storey residential complex
50% payment after commissioning of the property
Beautiful view

The residential complex Prime Residency 3 in Dubai

The residential complex Prime Residency 3 is a brand-new apartment building in the quiet, family-friendly area of Al Furjan. The complex is located near the seashore. The building has a ground floor with an entrance hall, a two-storey podium and seven floors with studios and apartments. The lobby will be double-height and luxuriously decorated in grey and beige marble. A concierge service, a sitting area with soft sofas, and a table will be in the hall.

All the interior areas of the complex will be exquisitely finished with high-class materials.

The following recreation and sports centres will be on the grounds of the upcoming building:

  • outdoor swimming pool and jacuzzi;
  • terrace with sun loungers by the pool;
  • room with billiard and ping-pong tables, board games, slot machines and other amenities;
  • multifunctional lounge area;
  • spacious gym with panoramic windows;
  • open relaxation area next to the landscaped garden and decorative fountains.

The building will have several elevators and parking with a fixed bay for each apartment.

Prime Residency 3 in Al Furjan, Dubai, the UAE

The Prime Residency 3 development building in Dubai is located in one of the popular developing areas of Al Furjan. You can walk nine minutes from the residential complex to the following places:

  • Zone C Al Furjan Kids Park with a children's playground;
  • Grocery store;
  • Chubby Cheeks kindergarten.

You can drive five minutes from the residential complex to the district metro station, the prestigious Arbor school, Spinneys, and Carrefour supermarkets. It takes about 25 minutes to reach the city centre by car and about 25 minutes to get from the residential complex to Al Maktoum Airport.

The new district is near the Expo 2020, a ten-minute drive from the development building.

The Al Furjan area is gradually being built up with upscale residential complexes. Additionally, social infrastructures are also emerging here. A developed public transport system will allow complex residents to choose the appropriate way to get around the city.

Real estate for sale in Prime Residency 3

The newly constructed residential complex is being built in an area where free property ownership is allowed ensuring that both Emirate citizens and foreigners can buy an apartment in the upcoming building. The cosy and modern apartments in the newly built building are well suited for both living and investment. You can buy a property in Prime Residency 3 at a price below the market at the construction stage. The studios cost AED 412,000 (USD 112,000), and the one-bedroom apartments cost AED 719,000 (USD 196,000).

Buyers of real estate in Prime Residency 3 have the opportunity to take advantage of the instalment plan without overpayment or interest. The first instalment upon booking a property is 10% of the total amount, 40% is then paid during the construction process, and 50% is paid once the building is operational. We can provide you with all the information about payment plans and current real estate prices.

Location

  • Close to the bus stop
  • Prestigious district
  • Great location
  • City view
  • Street view
  • Beautiful view

Features

  • Smart Home system
  • Balcony
  • Terrace
  • Roof terrace
  • Air Conditioners
  • Finished
  • Ready to move in
  • Comfort
  • Comfort class

Indoor facilities

  • Children's playroom
  • Lobby bar
  • Recreation area
  • Fitness room

Outdoor features

  • Barbecue area
  • Children's playground
  • Community garden
  • Swimming pool
  • Shop
  • Supermarket

Real estate in Prime Residency 3

Lifestyle

Apartments in Prime Residency 3 are an excellent option for a comfortable stay in Dubai. The residential complex is next to Expo 2020's trade and exhibition area so the residential complex is ideal for employees and businesspeople at Expo 2020. The apartment complex is also well suited for families with children as a school, a kindergarten and several parks with playgrounds are nearby.

Apartments in Prime Residency 3 are an excellent option for a comfortable stay in Dubai. The residential complex is next to Expo 2020's trade and exhibition area so the residential complex is ideal for employees and businesspeople at Expo 2020. The apartment complex is also well suited for families with children as a school, a kindergarten and several parks with playgrounds are nearby.

Advantages of the residential complex

Prime Residency 3 apartments and studios will have modern, stylish finishes and convenient layouts to maximise residents' comfort. Residents of the upcoming building will appreciate the convenient location of the building. The fashionable Dubai Marina resort area is within a ten-minute drive of the complex. This area is famous for its promenade with trendy boutiques and restaurants and a free sandy beach. It also has walking paths and places for tourists to relax on the beach.

You can get from the newly constructed building to one of the most popular shopping centres, Ibn Battuta Mall, in ten minutes. The building has a luxurious Arabic style. On the inside of the centre are several thematic zones dedicated to different countries of the world. Shops, entertainment centres, cinemas and food courts are available.

Studios and apartments in the residential complex Prime Residency 3

There are two main residence types available in the residential complex: studios ranging from 33 to 59 square metres and apartments ranging from 70 to 130 square metres. The studio apartments have an open-plan kitchen with a combined living room/ bedroom, a private bathroom and a balcony.

The apartment has a U-shaped kitchen, a dining area combined with a living room, a bedroom with a small dressing room and a bathroom. Apartments in Prime Residency 3 have a spacious elongated balcony, accessible from the living room and bedroom.

The apartments have modern interiors. The walls, ceilings, floors in light shades and large floor-to-ceiling windows visually expand the area. The furniture and wooden wall decor bring cosiness to the interior.

Property for investment in Prime Residency 3

Buying real estate in the Prime Residency 3 residential complex under construction is an excellent investment. The official building commissioning is scheduled for the third quarter of this year. Apartment prices will rise once the building is completed. Investors can sell properties and earn up to 20% of the original apartment’s cost.

You can also make money from renting out residential properties in Al Furjan. The area has affordable prices, high-quality infrastructure and a convenient location, making it popular with tenants. The studios and one-bedroom apartments here are profitable at 6.7% annually. The minimum cost of renting a small studio in the area starts at AED 32,000 (USD 8,700) annually.

Location
Spinneys
1.9 km
School
750 m
Bank
800 m
Pharmacy
20.7 km
Expo2020
15.8 km
Sea
10.2 km
District Al Furjan

Al Furjan is a large Dubai area with 560 hectares near the coast. The residential development involves villas, townhouses and mid-rise apartment buildings. The district has 30 park areas, a school with a British educational programme, a kindergarten, gyms, shops and supermarkets. Shops, cafés, pharmacies and sports centres are in the centres of the two towns nearby. There’s a city bus network, a metro station and cycling paths.

Payment plan

10%
Down Payment
10%
After 3 Months
20%
During Construction
10%
On Handover
50%
On 3 Years Post Handover

Developer Prescott Real Estate

8All objects of the developer
2005Founded in

Prescott Real Estate is a brand-new residential complex. The company has operated in the Dubai real estate market since 2005, building apartments and commercial buildings in Dubai's most sought-after areas. Customers always receive high-quality service from the company. The developer has created a 20-storey business centre, Prime Business Centre, and elite residential complexes such as Prime Residency I and II.

Real estate from the developer Prescott Developers meets the highest standards and is distinguished by its exquisite design and architecture. A team of international engineers, architects and building experts work on the company's projects. The developer is one of the upcoming leaders in Dubai real estate.

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