Prescott Real Estate Launches Prime Residency III For Those …
(MENAFN- Khaleej Times) Prescott Real Estate Development has announced the launch of its highly anticipated contemporary residential development called Prime Residency III in one of Dubai’s most promising areas – Al Furjan. This project is designed to bring together the unique concept of attractive equipment and facilities under one roof to continue Prescott’s legacy in Dubai.
Prime Residency III, the Dh 140 million project, will be the first to bring the concept of smart home design to Al Furjan. It will be a mixed-use development that offers impeccably designed and spacious studios and one-bedroom apartments, with stunning views of the spectacular city skyline. In addition, Prime Residency III will also reinvent the concept of furnished by offering very high finishes, high end and luxury floors as well as standard floors to meet all types of buyers and requirements.
The project’s unique design concept and community living experience make it the perfect choice for first-time homebuyers looking to start or raise a family, and investors. The ultra-modern, fully-equipped apartments offer an excellent blend of affordability and luxury, making them the best choice for anyone looking to enjoy the ‘good life’ of Dubai.
Prime Residency III benefits from modern luxurious finishes spread over 292 apartments in a R + 2P + 7 residential project. In addition to offering regular features such as a swimming pool, kiddie pool and gym, Prime Residency III offers an elegantly designed resident lounge for casual get-togethers and hangouts, an attractive rooftop garden and a tastefully designed outdoor seating area.
Affordable payment options
Interested buyers and investors can take advantage of an exclusive payment and rebate plan carefully designed to provide ease of payment and peace of mind. The payout breakdown includes 10% down payment, 10% after 3 months, increasing to quarterly payments of 5% for one year, 10% at discount and 50% after discount over 3 years. Exclusive payment plans are available for interested buyers and investors with prices starting at Dh 368,000.
Muhammad Shafi, CEO of Prescott Real Estate Development, said: “Our goal has always been to create unparalleled life experiences for our clients. All of our projects adhere to three fundamental pillars that are the cornerstone of our success: Prime Quality, Prime Location and Premier Privileges. Our latest project is no different. We are committed to making affordable luxury living possible for everyone. We look forward to welcoming new residents as they find a place to feel at home and settle down. ”
The project is very strategically located. The nearest metro station is just 3 minutes away, connecting the residential apartments with the rest of the city. Prime Residency III is a four-minute drive from Sheikh Zayed Road, 13 minutes from Expo 2020 Dubai site, and a 25-minute drive from downtown Dubai. In addition, the smart home concept provides residents with highly efficient and low-consumption comfort, security and convenience options.
Prescott is known for developing homes that provide a true community experience. Prescott Real Estate Development is a prime example of a company that has built a reputation for placing quality and attention to detail at the forefront of every project it develops, while simultaneously prioritizing the payment preference of each buyer.
A list of excellence
The Prescott team has a track record of success and longevity in the UAE market that speaks for itself. In just over a decade, Prescott has become synonymous with quality projects. The company has successfully delivered a host of well-known residential and commercial projects across the city, including Prime Villas, Prime Views, Prime Residency 1 and 2, and Prime Business Center. The Prime 1 and 2 residences are among the very few Gold Star certified projects in Dubai by the Dubai Land Department.
Additionally, with Expo 2020 Dubai underway and the multitude of global investors returning to the Dubai market, Prescott Real Estate Development is offering a one-week hotel stay to its overseas buyers investing in their projects. . With an investment as low as $ 100,000 for a property, buyers can also take advantage of a flexible five-year payment plan, averaging $ 20,000 per year. Prescott’s latest project, “Prime Views,” is currently yielding an impressive 7% return on investment value and 18% on equity. This underlines the company’s commitment to supporting buyers every step of the way. Additionally, since Expo 2020 Dubai is a unique event for the global community, the developers will also be offering free Expo 2020 Dubai passes to buyers to give them a glimpse into creating a new world. .
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