diff --git a/packages/compiler-core/src/compat/compatConfig.ts b/packages/compiler-core/src/compat/compatConfig.ts
index 91acbbd8..712cdd93 100644
--- a/packages/compiler-core/src/compat/compatConfig.ts
+++ b/packages/compiler-core/src/compat/compatConfig.ts
@@ -16,8 +16,9 @@ export interface CompilerCompatOptions {
 export const enum CompilerDeprecationTypes {
   COMPILER_IS_ON_ELEMENT = 'COMPILER_IS_ON_ELEMENT',
   COMPILER_V_BIND_SYNC = 'COMPILER_V_BIND_SYNC',
+  COMPILER_V_BIND_PROP = 'COMPILER_V_BIND_PROP',
   COMPILER_V_BIND_OBJECT_ORDER = 'COMPILER_V_BIND_OBJECT_ORDER',
-  COMPILER_V_ON_NATIVE_MODIFIER = 'COMPILER_V_ON_NATIVE_MODIFIER',
+  COMPILER_V_ON_NATIVE = 'COMPILER_V_ON_NATIVE',
   COMPILER_KEY_V_IF = 'COMPILER_KEY_V_IF',
   COMPILER_KEY_V_FOR_TEMPLATE = 'COMPILER_KEY_V_FOR_TEMPLATE',
   COMPILER_V_IF_V_FOR_PRECEDENCE = 'COMPILER_V_IF_V_FOR_PRECEDENCE',
@@ -46,6 +47,12 @@ const deprecationData: Record<CompilerDeprecationTypes, DeprecationData> = {
     link: `https://v3.vuejs.org/guide/migration/v-model.html`
   },
 
+  [CompilerDeprecationTypes.COMPILER_V_BIND_PROP]: {
+    message:
+      `.prop modifier for v-bind has been removed and no longer necessary. ` +
+      `Vue 3 will automatically set a binding as DOM property when appropriate.`
+  },
+
   [CompilerDeprecationTypes.COMPILER_V_BIND_OBJECT_ORDER]: {
     message:
       `v-bind="obj" usage is now order sensitive and behaves like JavaScript ` +
@@ -56,7 +63,7 @@ const deprecationData: Record<CompilerDeprecationTypes, DeprecationData> = {
     link: `https://v3.vuejs.org/guide/migration/v-bind.html`
   },
 
-  [CompilerDeprecationTypes.COMPILER_V_ON_NATIVE_MODIFIER]: {
+  [CompilerDeprecationTypes.COMPILER_V_ON_NATIVE]: {
     message: `.native modifier for v-on has been removed as is no longer necessary.`,
     link: `https://v3.vuejs.org/guide/migration/v-on-native-modifier-removed.html`
   },
diff --git a/packages/compiler-core/src/parse.ts b/packages/compiler-core/src/parse.ts
index 055d76b1..1e7d9701 100644
--- a/packages/compiler-core/src/parse.ts
+++ b/packages/compiler-core/src/parse.ts
@@ -650,10 +650,9 @@ function parseAttribute(
       name
     )!
 
-    const dirName =
+    let dirName =
       match[1] ||
       (startsWith(name, ':') ? 'bind' : startsWith(name, '@') ? 'on' : 'slot')
-
     let arg: ExpressionNode | undefined
 
     if (match[2]) {
@@ -708,6 +707,25 @@ function parseAttribute(
       valueLoc.source = valueLoc.source.slice(1, -1)
     }
 
+    const modifiers = match[3] ? match[3].substr(1).split('.') : []
+
+    // 2.x compat v-bind:foo.sync -> v-model:foo
+    if (
+      __COMPAT__ &&
+      dirName === 'bind' &&
+      arg &&
+      modifiers.includes('sync') &&
+      checkCompatEnabled(
+        CompilerDeprecationTypes.COMPILER_V_BIND_SYNC,
+        context,
+        loc,
+        arg.loc.source
+      )
+    ) {
+      dirName = 'model'
+      modifiers.splice(modifiers.indexOf('sync'), 1)
+    }
+
     return {
       type: NodeTypes.DIRECTIVE,
       name: dirName,
@@ -721,7 +739,7 @@ function parseAttribute(
         loc: value.loc
       },
       arg,
-      modifiers: match[3] ? match[3].substr(1).split('.') : [],
+      modifiers,
       loc
     }
   }
diff --git a/packages/compiler-core/src/transforms/vBind.ts b/packages/compiler-core/src/transforms/vBind.ts
index 0d31a266..acfe695e 100644
--- a/packages/compiler-core/src/transforms/vBind.ts
+++ b/packages/compiler-core/src/transforms/vBind.ts
@@ -3,11 +3,15 @@ import { createObjectProperty, createSimpleExpression, NodeTypes } from '../ast'
 import { createCompilerError, ErrorCodes } from '../errors'
 import { camelize } from '@vue/shared'
 import { CAMELIZE } from '../runtimeHelpers'
+import {
+  checkCompatEnabled,
+  CompilerDeprecationTypes
+} from '../compat/compatConfig'
 
 // v-bind without arg is handled directly in ./transformElements.ts due to it affecting
 // codegen for the entire props object. This transform here is only for v-bind
 // *with* args.
-export const transformBind: DirectiveTransform = (dir, node, context) => {
+export const transformBind: DirectiveTransform = (dir, _node, context) => {
   const { exp, modifiers, loc } = dir
   const arg = dir.arg!
 
@@ -33,6 +37,18 @@ export const transformBind: DirectiveTransform = (dir, node, context) => {
     }
   }
 
+  if (__COMPAT__) {
+    if (modifiers.includes('prop')) {
+      checkCompatEnabled(
+        CompilerDeprecationTypes.COMPILER_V_BIND_PROP,
+        context,
+        loc
+      )
+    }
+    // .sync handling is performed directly in the parse phase to transform
+    // it into v-model:arg equivalent.
+  }
+
   if (
     !exp ||
     (exp.type === NodeTypes.SIMPLE_EXPRESSION && !exp.content.trim())
diff --git a/packages/compiler-dom/src/transforms/vOn.ts b/packages/compiler-dom/src/transforms/vOn.ts
index 7ce57dfa..7ff4b7b6 100644
--- a/packages/compiler-dom/src/transforms/vOn.ts
+++ b/packages/compiler-dom/src/transforms/vOn.ts
@@ -96,7 +96,7 @@ export const transformOn: DirectiveTransform = (dir, node, context) => {
 
     if (__COMPAT__ && __DEV__ && modifiers.includes('native')) {
       warnDeprecation(
-        CompilerDeprecationTypes.COMPILER_V_ON_NATIVE_MODIFIER,
+        CompilerDeprecationTypes.COMPILER_V_ON_NATIVE,
         context,
         dir.loc
       )