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Dubai · Al Furjan

Prime Residency Phase 3 By Prescott by Prescott Real Estate Development

At a glance

Specifications

Address

Dubai,Al Furjan,Prime Residency 3

Price range

AED 346,070–684,714

Completion

Ready

Payment plan

20% / 20% / 60%

Property type

Apartment

About this project

Prime Residency Phase 3: Apartments in Al Furjan by Prescott

Prime Residency Phase 3 is an apartment project by Prescott Real Estate Development, the third in a named series within Al Furjan, Dubai. Buying into Phase 3 means entering a part of the development where Phases 1 and 2 already sit, giving the immediate surroundings a more settled residential character than a standalone new launch would.

Al Furjan: What the Address Means in Practice

Al Furjan is a residential district in western Dubai, between Discovery Gardens and Jumeirah Village Circle. The Route 2020 metro extension runs through it, with Al Furjan station connecting directly to the Red Line. From that station, Dubai Marina is roughly 15 minutes by train and Downtown Dubai is under 30 minutes. Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road are close, keeping drives to Jebel Ali, Dubai South, and the airport practical.

The district has the infrastructure of an established community: shops, cafes, and services within easy reach. Families occupy the buildings here on a long-term basis. For a buyer focused on rental income, a community of full-time residents provides a more stable tenant base than areas built around short-stay demand.

What AED 346K to AED 684K Buys Here

The price range runs from AED 346,070 to AED 684,714. That spread is consistent with a project covering studios and compact one-bedrooms at the entry level, rising to two-bedroom apartments at the top.

At AED 346K, the ticket is low in absolute terms for Dubai. Buyers at this end are typically coming in on a yield-focused basis, looking for a small, accessible unit in a metro-connected community. At AED 684K, the focus shifts to floor area, either for personal use or for a tenant profile that needs a functioning two-bedroom layout. The range positions the project in the accessible mid-market, well clear of the luxury bracket.

Apartments Across the Range

All units are apartments. The format runs from studios through to two-bedroom layouts, covering both the buy-to-let investor and the owner-occupier market. The phased series context is relevant here: buyers are not arriving at a half-built site, and the surrounding phases give Phase 3 an immediate residential neighbourhood.

What the Building Offers Residents

Category Amenities
Pool Infinity Pool, Shared Pool
Fitness Gymnasium
Family Children's Play Area

Two pool options, a gymnasium, and a children's play area. The infinity pool is the most distinctive element in the set: having both an infinity design and a shared pool gives residents two options rather than one communal space. The children's play area signals a family orientation, in keeping with Al Furjan's established residential character. The overall set is functional and focused, covering the essentials without overcomplicating the building.

Timeline: Likely Past Handover

Construction started in June 2021. The scheduled completion was December 2024. By late 2026, that window has closed. The project is almost certainly completed and handed over.

Buyers considering a unit now are looking at an asset they can move into or lease out without a long delivery wait. That removes the uncertainty common to early off-plan entry and shortens the path to generating rental income.

Getting In: 20% Down, 60% at Handover

Stage Percentage
Down payment 20%
During construction 20%
At handover 60%

The 20% down payment sits at the standard floor for Dubai off-plan. The construction phase adds another 20%, spread across the build period. The substantial commitment falls at handover: 60% of the purchase price. For a buyer entering now against a project that is likely already complete, that 60% falls in the near term. There is no post-handover payment plan; the full remaining balance is settled at keys.

Units

Layouts and prices

4 unit types, as listed by the developer

Studio · Apartment

548–640 ft² · 2 layoutsfrom AED 346,070
  • Type B1

    548 ft² · 51 m²
  • Type A1

    640 ft² · 59 m²

1 bedroom · Apartment

969–1,400 ft² · 2 layoutsfrom AED 684,714
  • Type B

    969 ft² · 90 m²
  • Type A

    1,400 ft² · 130 m²

The "from" price is the lowest price the developer lists for the group and can change. Contact us to confirm prices and availability for a layout.

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Payment plan

Pay as construction progresses

  1. Step 0120%
    Down payment20% paid
  2. Step 0220%
    During construction40% paid
  3. Step 0360%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Jun 2021

    Booking started
  2. Jun 2021

    Construction started
  3. Dec 2024

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Dubai,Al Furjan,Prime Residency 3

FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Prime Residency Phase 3 By Prescott?

Apartments in Prime Residency Phase 3 By Prescott start from AED 346,070, providing affordable options in Al Furjan, Dubai. The price range extends up to AED 684,714, making it suitable for a variety of buyers looking for off-plan properties in Dubai. This competitive pricing allows investors to enter the vibrant UAE real estate market.

Q02

What types of properties and prices are available in Prime Residency Phase 3?

Prime Residency Phase 3 offers apartment units with a price range from AED 346,070 to AED 684,714. This variety makes it an attractive choice for both first-time buyers and seasoned investors looking for off-plan properties in Al Furjan, Dubai. The project is poised to be a prime opportunity in the competitive Dubai market.

Q03

What is the payment plan for Prime Residency Phase 3 in Al Furjan?

The payment plan for Prime Residency Phase 3 requires a 20% down payment, followed by 20% during construction and the remaining 60% upon handover. This structured payment option allows for flexibility, making it easier for buyers to invest in Al Furjan real estate. With properties expected to be ready by December 2024, planning your finances is crucial.

Q04

When will Prime Residency Phase 3 be ready for occupancy?

Prime Residency Phase 3 is expected to be ready for occupancy by December 6, 2024. This timeline provides investors with a clear outlook for their investment in Al Furjan, Dubai. Being aware of the completion date helps buyers plan their move and financial commitments accordingly.

Q05

Where is Prime Residency Phase 3 located?

Prime Residency Phase 3 is located at Al Furjan, Dubai, specifically in Prime Residency 3. This strategic location offers excellent connectivity to major highways and nearby amenities, enhancing its appeal for both residents and investors. Being in Al Furjan means easy access to various lifestyle options and community features.

Q06

Who is developing Prime Residency Phase 3?

Prime Residency Phase 3 is being developed by Prescott Real Estate Development, a reputable name in the UAE real estate market. Their experience and commitment to quality ensure that buyers can expect a high standard of living in Al Furjan, Dubai. Investing in a project by a reliable developer adds to the overall confidence in the purchase.

Q07

What amenities are available at Prime Residency Phase 3?

Prime Residency Phase 3 offers a range of premium amenities including an infinity pool, gymnasium, shared pool, and a children's play area. These features enhance the lifestyle of residents and make it an attractive option for families looking for a community-oriented environment in Al Furjan, Dubai.

Q08

What types of properties can I find in Prime Residency Phase 3?

In Prime Residency Phase 3, you can find apartment units designed to suit various lifestyle needs. This focus on apartments makes it an ideal choice for individuals and families seeking off-plan properties in Al Furjan, Dubai. The variety in unit sizes and layouts caters to diverse preferences among potential buyers.

Q09

Is Prime Residency Phase 3 a good investment opportunity?

Yes, Prime Residency Phase 3 presents a promising investment opportunity due to its competitive pricing, strategic location in Al Furjan, and the reputable developer behind it. With the expected completion in December 2024, investors can anticipate potential ROI through capital appreciation and rental yield in Dubai's thriving real estate market.

Q10

How can I book a property in Prime Residency Phase 3?

To book a property in Prime Residency Phase 3, interested buyers should contact the sales team for detailed information on available units and the booking process. It's essential to act quickly as properties in this sought-after development in Al Furjan, Dubai, are likely to attract significant interest. Reach out today to secure your investment.

Information only

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