Prime Residency Phase 3 By Prescott in Al Furjan
Prime Residency Phase 3 By Prescott · Al Furjan, Dubai
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Launch Price
AED 650,000
Property Type
Apartment
Bedrooms
Studio, 1 Beds
Payment Plan
20/20/60
Handover
TBC
Projected Yield
6.6 to 9.1%
Prime Residency Phase 3 By Prescott introduces studio, 1 beds apartments to Al Furjan, Dubai, starting from AED 650,000. The payment plan is 20/20/60, with instalments spread from booking through construction to handover. Gross rental yield is projected 6.6 to 9.1% annually, reflecting typical market returns for this property type and location. This project is accessible to buyers working with monthly instalments from AED 5,000. Use MonthlyDubai to check if it fits your budget.
Payment Plan Breakdown
From AED 4,483/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 130,000 Due on signing SPA |
|
| During Construction | 20% | AED 4,483/mo 29 monthly instalments |
|
| On Handover | 60% | AED 390,000 Due at TBC |
|
| Total | AED 650,000 | ||
On Booking
20%
AED 130,000
Due on signing SPA
During Construction
20%
AED 4,483/mo
29 monthly instalments
On Handover
60%
AED 390,000
Due at TBC
Total
100%
AED 650,000
Questions about Prime Residency Phase 3 By Prescott
What payment plan does Prime Residency Phase 3 By Prescott offer?
Prime Residency Phase 3 By Prescott uses a 20/20/60 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Prime Residency Phase 3 By Prescott fits your budget and send you comparable alternatives.
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