Dubai Studio City
Verano By Prescott
Homes
Apartments
Handover
Dec 2026
Status
Off-plan
Price on request
by Prescott Real Estate Development
Verano By Prescott is a current off-plan development by Prescott Real Estate Development in Dubai Studio City, Dubai, registered with the Dubai Land Department (project 3339). The project comprises 269 residential units. Declared project value: AED 101M. Construction is 33% complete per the latest DLD inspection. Scheduled handover: Dec 2026. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.
Project details
Developer
Prescott Real Estate Development
Community
Home types
Apartments
Handover
Dec 2026
Project status
Off-plan
Construction
33% complete
DLD project no.
3339
Escrow
RERA-regulated account
Location
Verano By Prescott sits here, in Dubai Studio City, Dubai.
Open in Google Maps ↗Dubai Studio City in numbers
Sales recorded
1,630
Median price
AED 823,960
Median price per sqft
AED 1,465
Average price per sqft
AED 1,716
Dubai Studio City recorded 1,630 registered sales from May 2025 to May 2026, at a median of AED 823,960, or AED 1,465 per square foot. Apartments were 100% of those 1,630 sales. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.
Verano By Prescott questions
Where is Verano By Prescott located?
Verano By Prescott is in Dubai Studio City, Dubai, Dubai. It is registered with the Dubai Land Department as project 3339, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Verano By Prescott hand over?
The developer has scheduled handover for Dec 2026. Construction was last reported at 33% complete. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Verano By Prescott?
Verano By Prescott is developed by Prescott Real Estate Development. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in Dubai Studio City sell for?
Dubai Studio City recorded 1,630 registered Dubai Land Department sales from May 2025 to May 2026, at a median of AED 823,960 and AED 1,465 per square foot. Verano By Prescott has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Verano By Prescott have?
Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Dubai Studio City a good area to invest in?
On the numbers, Dubai Studio City is an active market: 1,630 sales registered with the DLD from May 2025 to May 2026 at a median of AED 1,465 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Verano By Prescott?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Verano By Prescott?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.
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