Prescott Real Estate Development

Developer profile and Dubai footprint

Prescott Real Estate Development is a Dubai developer with 12 projects in the DLD registry across 7 communities as of 14.10.2026. Its DLD record divides equally between 6 completed and 6 under-construction developments. The register places its activity in Nad Al Shiba First, Al Barshaa South Third, Jabal Ali First, Al Hebiah Second, Bukadra, Al Hebiah Fourth and Al Barsha South Fourth. That footprint extends across several Dubai districts rather than a single address. On our site, the selection runs from ready residences to construction-stage schemes, with unit counts and entry prices varying from one project to another. This profile focuses on the residential side of the business, while the wider company also develops commercial structures.

Handover record

The completed portfolio begins with an October 2016 handover. March 2025 is the most recent handover recorded for a completed project. Within the current construction pipeline, May 2028 is the furthest scheduled handover date. These milestones place the completed and ongoing parts of the portfolio at different delivery stages. A buyer comparing homes should separate an available handover from a scheduled milestone, since the transaction stage and related documentation differ.

Projects on our site

For completed, ready homes, Elevate by Prescott in Arjan has 223 units from AED 499 000. Prime Residency 3 in Al Furjan is also completed and ready, with 292 units from AED 368 000. The distinction between these choices lies in their community, unit total and stated starting price.

Among schemes with scheduled handovers, Fairway Residences by Prescott in Sports City is about 32.8% complete, has 156 units from AED 585 000 and is scheduled for Q4 2026. Legado By Prescott in JVC District 14 is about 13.9% complete, with 343 units from AED 650 000 and a Q4 2027 handover. In Meydan Horizon, The Caden by Prescott is at 0% completion, comprising 229 units from AED 1 800 000 for Q3 2028. Verano By Prescott in Studio City has 269 units and a Q4 2026 handover.

Discovery Gardens contains two construction-stage schemes: Serene Gardens, about 39.2% complete with 184 units from AED 570 000, and Serene Gardens 2, about 48.5% complete with 285 units from AED 599 000. They share a community but differ in construction progress, scale and entry price.

What to check before buying

Before reserving, check the project’s recorded status against the stage represented in the sales documents, and read any stated handover period. Confirm that the selling company in the documents matches the developer recorded for that project in the DLD registry. For an existing unit, also match its unit reference to the relevant project record.

What does the DLD developer number identify?

No. 1207 is the Dubai Land Department identifier for the developer. It distinguishes the company’s developer entry from records created for individual schemes. A project may have its own recorded developer and selling entity, so buyers should read the project entry alongside the documents for the unit they intend to purchase.

Does the developer work outside residential property?

Residential and commercial structures are both within the developer’s business lines. The homes presented on our site concern the residential side, with their own unit counts, availability stage and price point where stated. This keeps a company-wide description separate from the characteristics of a particular residential scheme chosen by a buyer considering a specific home.

What does a Ready to Move in label mean?

A Ready to Move in label means the relevant scheme is completed and handover is available. It describes the recorded project stage, not the exact terms of a sale for a particular unit. Those terms remain in the reservation, sale and transfer documents prepared for the buyer’s transaction in full.