About Prime Residency 3
Prime Residency 3 is a residential building by Prescott, in Jabal Ali, Dubai. It rises 10 storeys (a ground floor, 2 podium levels and 7 floors), built as a concrete structure with internal and external finishes. The project comprises 292 homes.
Key information
Developer
Prescott
- Handover
- Q4 2024
- Status
- Handed over
- Location
- Jabal Ali, Dubai
- Master project
- Al Furjan
- Construction started
- 2021
- Number of buildings
- 1
- Number of units
- 292
- Registered with DLD
- 03 Oct 2021
- Escrow bank
- Mashreq Bank
- Escrow account no.
- 019500000261
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2021
- Handed overQ4 2024
Construction progress
108 inspection photos from the Dubai Land Department. Latest 06 Dec 2024 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
11 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
508
Median price
AED 500K
Median price / sqft
AED 1K+49%
Off-plan share
77%
Priced 8% above than the Jabal Ali First median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 438 | 428 sqft | AED 514K | AED 1K |
| 1 Bed | 70 | 838 sqft | AED 859K | AED 1K |
Price per sqft by year
+49% since 2021AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 09 Sept 2026 | Resale | 394 sqft | AED 615K | AED 2K |
| 02 Sept 2026 | Resale | 412 sqft | AED 630K | AED 2K |
| 26 Aug 2026 | Resale | 426 sqft | AED 660K | AED 2K |
| 24 Aug 2026 | Resale | 389 sqft | AED 693K | AED 2K |
| 17 Aug 2026 | Resale | 380 sqft | AED 650K | AED 2K |
| 05 Aug 2026 | Resale | 413 sqft | AED 688K | AED 2K |
| 24 Jul 2026 | Resale | 837 sqft | AED 1.2M | AED 1K |
| 20 Jul 2026 | Resale | 445 sqft | AED 620K | AED 1K |
Unit mix
292 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 250 | 380 - 638 sqft |
| 1 B/R | 42 | 754 - 1,407 sqft |
Payment plan
Payment plans are set by Prescott and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Jabal Ali, Dubai.
Jabal Ali
Dubai, United Arab Emirates
Frequently asked questions
Prime Residency 3 has already been handed over (Q4 2024), according to Dubai Land Department records.
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