Prime Residency 3 Property Development By Prescott Real Estate Development

Last Updated on: 11th November 2024, 12:48 pm

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Welcome to Prime Residency 3, an exciting and innovative residential project from Prescott Real Estate Development. This development promises to redefine modern living in stunning Dubai, featuring a total of 292 apartments within its G+2P+7 community structure. Focused on delivering a luxurious lifestyle, Prime Residency 3 offers various unit types, including fully furnished and unfurnished studios and 1-bedroom apartments, catering to the diverse needs of homeowners and prospective buyers seeking investment opportunities in Prime Residency 3. Construction began in June 2021 and is expected to hand over in June 2023, creating a vibrant community atmosphere while ensuring quality and accessibility for its residents¹.

Located in Al Furjan, this project offers easy access to key areas like Sheikh Zayed Road and Downtown Dubai, enhancing the lifestyle of its residents². With its superior architectural design and well-thought-out amenities, it is ideal for those looking for a balance of modernity and comfort. The community emphasizes smart home features, ensuring a convenient living experience while aiming to attract discerning buyers aiming for a prime investment opportunity.

Key Takeaways

• Prime Residency 3 features a total of 292 apartments designed for modern living.
• The development is situated in a strategic location within Al Furjan, enhancing connectivity.
• Available unit types include both furnished and unfurnished options catering to diverse homebuyer needs.
• A variety of payment plans make purchasing more accessible for buyers.
• Prescott Real Estate Development ensures high quality and rich amenities, enhancing lifestyle.
• Expected handover is scheduled for June 2023, providing a timeline for prospective buyers.

Overview of Prime Residency 3 Development

Prime Residency 3 is a remarkable development from Prescott Real Estate Development, showcasing the company’s dedication to excellence in the realm of luxurious living. This project is not only a testament to high-quality construction but also an embodiment of modern lifestyle amenities.

Introduction to Prescott Real Estate Development

Prescott Real Estate Development is renowned for its innovative approach and commitment to delivering quality housing solutions. The company’s latest project, Prime Residency 3, reflects its vision of providing residents with exceptional living experiences paired with well-thought-out Prime Residency 3 details that resonate with prospective buyers.

Location and Accessibility

Situated strategically, Prime Residency 3 boasts excellent location prospects that enhance its appeal. This development offers residents quick access to vital locations, including a mere ten-minute drive to Expo 2020 and only 25 minutes to the city center and Al Maktoum Airport. Local amenities are also within reach, with the Al Furjan Kids Park, grocery stores, and Chubby Cheeks kindergarten just 9 minutes away on foot, while the district metro station and Carrefour supermarkets are a 5-minute drive apart³.

Architectural Design and Unit Types

The architectural design of Prime Residency 3 features a ground floor with an inviting entrance hall, complemented by a two-storey podium and seven additional floors housing a mix of studios and one-bedroom apartments. The aesthetically pleasing lobby is luxuriously adorned with grey and beige marble, setting a sophisticated tone for the complex³.

The project includes enticing features such as an outdoor swimming pool and jacuzzi, a multifunctional lounge area for social gatherings, and recreational amenities that cater to various interests, including billiard and ping-pong tables. Furthermore, the prime residency 3 floor plans encompass both furnished and unfurnished options, appealing to a wide array of potential residents³.

Prices for studios start at AED 412,000 (USD 112,000), while one-bedroom apartments are available for AED 719,000 (USD 196,000)³. The payment structure is thoughtfully designed, with a 20% down payment followed by 20% during construction and the remaining 60% upon handover, ensuring a manageable investment for buyers. The expected ROI for a one-bedroom apartment is projected at 8 to 10%, with the potential for a profit margin of 10% to 20% upon resale⁴.

Luxurious Living Spaces and Amenities at Prime Residency 3

Prescott Real Estate Development Prime Residency 3 features an array of luxurious living spaces designed to cater to modern lifestyles. This seven-story complex offers 290 fully furnished units, with studio apartments starting from 353 sq ft and one-bedroom layouts beginning at 757 sq ft. Residents will find that the property embraces comfort and convenience, supported by its remarkable prime residency 3 amenities and thoughtful design elements.

High-Quality Amenities

Prime Residency 3 is equipped with high-quality amenities that enhance both relaxation and recreation offerings. Among the features available to residents are:

• Swimming Pool
• Fully furnished fitness center
• Kids’ activity room
• Multi-purpose lounge
• Outdoor sitting areas
• Sauna and sports court
• 24/7 security

These facilities ensure a balanced lifestyle where comfort meets leisure, making it an ideal choice for families and individuals alike. The development is designed to offer a sense of community, complete with barbecue areas, parks, and dedicated children’s play zones.

Smart Home Features

In today’s tech-savvy world, smart home technology plays a crucial role in enhancing living experiences. Prime Residency 3 incorporates innovative solutions that provide residents with seamless control over their living spaces. The integration of smart features ensures convenience and efficiency, allowing for a more luxurious lifestyle closely aligned with modern needs.

Community and Lifestyle

The strategic location of Prime Residency 3 ensures easy connectivity to major roads, metro access, Dubai Expo 2020, Al Maktoum International Airport, and nearby recreational facilities. Residents can easily explore local amenities, including malls, schools, and parks, which contribute to a vibrant lifestyle. With ratings of businesses in the Al Furjan area averaging from 3.5 to 5.0 stars, this community is both lively and highly regarded, thus enhancing the overall living experience at luxurious living spaces Prime Residency 3⁵⁶⁷.

Conclusion

In summary, Prime Residency 3 by Prescott Real Estate Development embodies a perfect blend of luxury, strategic location, and modern amenities, making it a standout choice for those seeking investment opportunities Prime Residency 3. With 292 furnished apartments available in various sizes, including studio and 1-bedroom options, this development is set in the vibrant community of Al Furjan, Dubai, ensuring residents enjoy both comfort and convenience while being a short distance from essential amenities and landmarks like Al Yalayis Road and Ibn Battuta Mall⁸.

The project also features high-quality amenities tailored for a contemporary lifestyle, such as state-of-the-art smart home technology, a well-equipped gym, and inviting outdoor spaces⁸. Furthermore, with a reasonable payment plan requiring only a 10% down payment, potential homeowners can easily access luxurious living spaces Prime Residency 3 offers, making it an attractive option in today’s real estate market⁸.

As prospective investors weigh options, understanding the investment potential alongside the lifestyle advantages may encourage decisive actions towards securing a residence in this thriving community, solidifying the case for why Prime Residency 3 represents one of the best real estate choices in Dubai today⁸.

Source Links

1. https://www.propertyfinder.ae/en/new-projects/prescott-real-estate-development/prime-residency-3
2. https://keltandcorealty.com/property/prescott-prime-residency-3/
3. https://prime-residency-3.com/
4. https://uae-offplan.com/property/prime-residency-3
5. https://www.binayah.com/dubai-projects/prime-residency-3/
6. https://www.keyonerealtygroup.com/dubai-off-plan/prime-residency-3-al-furjan
7. https://dxbproperties.ae/property/prescott-prime-residency-3-apartments-in-al-furjan
8. https://psinv.net/en/projects/dubai/al-furjan/al-furjan/prime-residency-iii