Prime Views is a G+4 residential development by Prescott Developers in Meydan. The project features a total of 151 one and two bedroom apartments with majority of the units being one bedroom units. Unit sizes range from 770 sq. ft. to 1,050 sq. ft.
The development is located in close proximity to the Meydan Hotel as well as an upcoming extension of the Green Line Metro. The expected completion is in Q4-2019.
Service charges are expected to be around AED 12 per square foot.
The developer's previous track record has been good, having completed good quality developments such as Prime Villas in Sports City and Prime Business Centre in JVC.
Option 1: 40% payable during construction period and 60% upon completion
Option 2: 40% payable during construction period, 12% on handover, and 48% over 48 months post-completion (1% per month)
Project Completion Status (as per DLD): 0.80% (as of 03 June 2018)
Dubai Land Classification & Escrow Account Details:
Land Number: 123
Project Number: 1961
Real Estate Developer: PRESCOTT REAL ESTATE DEVELOPMENT
Trust Account Number: 019500000172
Account Trustee Name: MASHREQ BANK PSC
RERA Permit No:: 15128
Brokerage Firm: Taktical Realty Group LLC