Official imagery, floor plans and the full brochure for Prime Residency 1 & 2 are available on request. We publish only developer-supplied media we are licensed to use.
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About Prime Residency 1 & 2
Prime Residency is a two-building completed complex by Prescott Real Estate Development in International City Phase 3 (Warsan Fourth), with one- and two-bedroom apartments.
One-bedroom asking prices sit around AED 515,000 to 525,000, two-bedrooms from AED 700,000 to 875,000; recorded two-bedroom sales ranged from AED 550,000 to 690,000 in 2024–2025.
Both buildings are complete and tenanted, making this a ready secondary-market offering rather than a launch.
At a glance
Prime Residency 1 & 2 key facts
- Developer
- Prescott Real Estate Development
- Community
- International City
- Status
- Handover soon
- Handover
- Completed
- Starting price
- AED 515K
- Unit types
- 1 Bedroom, 2 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at Prime Residency 1 & 2
- 01
Agree the price
Agree terms with the seller of a unit at Prime Residency 1 & 2, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
Prescott Real Estate Development issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Established developer with Prime Residency 3 in Al Furjan
- Garden-facing layouts
- Ready rental income
What to weigh
- Portal averages differ by building
- Phase 3 is further from the metro
- Secondary stock only
FAQ
Prime Residency 1 & 2 — frequently asked questions
What is the starting price of Prime Residency 1 & 2?
Published pricing at Prime Residency 1 & 2 starts from AED 515K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Prime Residency 1 & 2?
Prime Residency 1 & 2 is scheduled for handover in Completed. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of Prime Residency 1 & 2?
Prime Residency 1 & 2 is developed by Prescott Real Estate Development in International City, Dubai.
What unit types are available at Prime Residency 1 & 2?
Prime Residency 1 & 2 offers 1 Bedroom, 2 Bedroom.
Where is Prime Residency 1 & 2 located?
Prime Residency 1 & 2 is in International City, Dubai.
Can foreigners buy at Prime Residency 1 & 2?
Yes. International City is a freehold area, so buyers of any nationality can own property at Prime Residency 1 & 2 outright.
Does buying at Prime Residency 1 & 2 qualify for the UAE Golden Visa?
The entry price of AED 515K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Prime Residency 1 & 2?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 21K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Prime Residency 1 & 2?
MRK Real Estate advises on primary purchases and resales at Prime Residency 1 & 2. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Prescott Real Estate Development before any transaction.
