Prime Residency 3 is a residential project by Prescott Real Estate Development in Al Furjan, Dubai, with prices from AED 368 000, ready to move in, 292 units.
Layouts and sizes
| Type | Units | Size, sq.ft |
|---|---|---|
| Studio | 250 | 380–638 |
| 1 Bedroom | 42 | 753–1 407 |
All units are freehold. Data from the DLD registry.
Payment plan Call us
- Down payment10%
- During construction30%
- On handover10%
- Post-handover50%
Construction progress
- StatusReady
- Construction started2021-06-01
- HandoverReady To Move in
- Status date06.12.2024
- Escrow bankMashreq Bank
- DLD project number2276
Data from the Dubai Land Department project registry (updated 12.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Prescott Real Estate Development · District: Al Furjan
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 05.08.2026 | Studio | 38.4 | 687 500 |
| 05.08.2026 | Studio | 38.4 | 550 000 |
| 24.07.2026 | 1 BR | 77.7 | 1 152 000 |
| 20.07.2026 | Studio | 41.4 | 620 000 |
| 16.07.2026 | Studio | 38.7 | 320 000 |
| 10.07.2026 | Studio | 38.7 | 320 000 |
| 07.07.2026 | Studio | 39.8 | 709 000 |
| 20.05.2026 | Studio | 38.2 | 544 000 |
| 20.05.2026 | Studio | 38.2 | 680 000 |
| 07.04.2026 | 1 BR | 70.2 | 1 152 000 |
| 09.03.2026 | Studio | 38.8 | 560 000 |
| 09.03.2026 | Studio | 38.8 | 730 000 |
| 19.02.2026 | Studio | 39.1 | 471 000 |
| 12.02.2026 | Studio | 42.8 | 670 000 |
| 05.02.2026 | Studio | 35.3 | 698 000 |
| 29.01.2026 | 1 BR | 73.8 | 1 125 000 |
| 15.01.2026 | Studio | 37.1 | 675 000 |
| 29.12.2025 | Studio | 39.4 | 548 000 |
| 26.12.2025 | Studio | 39.2 | 548 000 |
| 25.12.2025 | Studio | 40.0 | 650 000 |
Rentals — 20
| Date | Type | Size, m² | Rent, AED/yr |
|---|---|---|---|
| Studio | 39.2 | 55 000 | |
| Studio | 38.9 | 66 000 | |
| Studio | 49.1 | 50 154 | |
| 1bed room+Hall | 73.8 | 85 000 | |
| Studio | 41.7 | 44 524 | |
| Studio | 40.0 | 40 000 | |
| Studio | 38.2 | 47 000 | |
| 1bed room+Hall | 77.8 | 85 000 | |
| Studio | 39.0 | 43 000 | |
| Studio | 35.3 | 45 000 | |
| Studio | 39.1 | 40 000 | |
| Studio | 50.6 | 50 000 | |
| Studio | 38.1 | 45 000 | |
| 1bed room+Hall | 70.3 | 70 000 | |
| Studio | 38.9 | 40 000 | |
| Studio | 39.7 | 42 000 | |
| Studio | 39.0 | 42 000 | |
| Studio | 41.4 | 45 000 | |
| Studio | 59.3 | 46 000 | |
| Studio | 38.9 | 45 000 |
Dubai Land Department transaction registry, updated 2026-08-11. Explore Dubai property transactions →
Amenities
- Swimming pool
- Outdoor sitting area
- Games room
- Multi-purpose lounge
- Equipped gym
- Smart home
What is nearby
- Al Maktoum International Airport13 мин
- EXPO 202013 мин
- IBN Battuta Mall10 мин
- Sheikh Zayed Road4 мин
Places nearby
About the project
Prime Residency 3 is a finished residential building by Prescott Developers in Al Furjan, Dubai. The development contains 292 studio and one-bedroom apartments in a G+2P+7 building. It is ready to move in, with completion recorded at 100%.
The project and building
Prime Residency 3 is a single residential building comprising a ground level, two podium levels and seven residential floors. The project contains 292 apartments, arranged as studios and one-bedroom homes. The building was completed on 6 December 2024 and is classified as finished, with a 100% completion ratio. Prime Residency 3 was started on 1 June 2021. The residences incorporate smart-home features, including controls for air conditioning, lighting and door access through a smartphone. Keyless entry is also included. White goods are provided, and each apartment includes parking. Apartments on the fifth, sixth and seventh floors are designated as signature fully furnished residences.
Apartment types and sizes
The apartment selection at Prime Residency 3 consists of studios and one-bedroom apartments. There are 250 studio apartments, with sizes from 353 to 640 sq. ft. The 42 one-bedroom apartments range from 757 to 1,400 sq. ft. Studios start from AED 368,000, while the stated starting price for one-bedroom apartments is AED 700,000. Kitchens are fully equipped, and white goods are included with the residences. Smart-home functions allow residents to manage lighting, air conditioning and door access from a smartphone. The fifth, sixth and seventh floors contain signature fully furnished apartments, while the project’s parking allocation applies to all units.
Amenities and shared spaces
Residents have access to a swimming pool, equipped gym, games room, multi-purpose lounge and outdoor sitting area. The project also includes landscaped areas and covered parking. The pool provides a dedicated shared leisure facility, while the games room and multi-purpose lounge add separate indoor communal spaces. The outdoor sitting area extends the shared facilities beyond the building interiors. Smart-home features form part of the residential offering, with functions covering air conditioning, lighting and door control. These facilities sit within the 292-apartment residential building in Al Furjan, rather than being spread across multiple buildings.
Al Furjan location and connections
Prime Residency 3 is located in Al Furjan, within Dubai’s Jebel Ali First area. Al Yalayis Road is stated to be two minutes away, while the Metro Station is three minutes away and Sheikh Zayed Road is four minutes away. Ibn Battuta Mall is six minutes away, and JBR is listed at 10 minutes. The Expo 2020 site is 13 minutes from the development. Al Maktoum International Airport, Business Bay and Downtown are each listed at 20 minutes. Al Furjan is connected by the D591 and E77, also known as Jebel Ali Road, with routes towards Sheikh Zayed Road. The surrounding community includes residential clusters connected by walkways and green areas.
Payment plan and move-in status
Prime Residency 3 is ready to move in. The stated payment structure allocates 10% as a first payment, 30% during construction, 10% on handover and 50% after handover. The post-handover portion is structured over three years. A detailed breakdown specifies 10% after three months, followed by four quarterly payments of 5% each, before the 10% payment on key handover. The completed building has a recorded completion date of 6 December 2024. Buyers can therefore consider finished studios and one-bedroom apartments rather than a future construction-stage project.
Prescott Developers
Prime Residency 3 is developed by Prescott Developers. The company develops real estate in Dubai, including homes, offices and retail space. Its work covers acquiring strategic land locations, planning, design and construction before offering the completed properties to buyers. Prime Residency 3 represents a completed residential project in the developer’s portfolio, delivering 292 apartments in Al Furjan. The building combines studio and one-bedroom residences with shared leisure facilities, smart-home functions, equipped kitchens, white goods and parking. The project’s finished status and ready-to-move-in position distinguish it from an under-construction purchase.
Registered transactions in Prime Residency 3
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +4% over the same period, so the building matched it.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| Studio | 39 | 476 569 | 12 220 | 470 |
| 1 bedroom | 74 | 800 000 | 10 811 | 84 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
How the price per square metre moved
From 2022 to 2025 — +36% on the price per square metre in this building. The district moved +59% over the same period, so the building lagged the market.
Top to bottom: purchase price per m², year, annual rent per m², gross yield.
All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.
* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
