Developer: Prescott Real Estate Development · Studio City

Verano By Prescott

Verano By Prescott is a residential project by Prescott Real Estate Development in Studio City, Dubai, with handover Q4 2026, construction 32.6% complete per the DLD registry, 269 units, 241 DLD-registered sales since 2024.

HandoverQ4 2026Developer supplied
Construction32.6%DLD registry · checked 2 Jul 2026
Units269DLD registry
DLD sales241 since 2024DLD registry
Median sale priceAED 16 293/m²Our calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeUnitsTypical size, sq.ft
Studio96418–432
1 Bedroom116676–857
2 Bedroom381 012–1 347
3 Bedroom81 872
Other units11859–917

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Estimate your payment and purchase costs for your budget.

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Handover date & construction progress

32.61%
  • Construction started2025-03-30
  • HandoverQ4 2026
  • Status date02.07.2026
  • Progress between DLD inspections+12.21% (2026-03-19 → 2026-07-02)
  • Escrow bankUnited Bank Limited
  • DLD project number3339

Data from the Dubai Land Department project registry (updated 01.10.2026 09:55).

Construction progress 32
2 July 2026 32.61%
Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 1 of 8Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 2 of 8Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 3 of 8Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 4 of 8Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 5 of 8Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 6 of 8Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 7 of 8Verano By Prescott, Studio City construction progress — 2 July 2026, 32.61% complete, photo 8 of 8

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
25.09.2026Studio39.7775 000
11.09.20261 BR37.0556 950
25.08.20262 BR94.31 435 500
29.06.2026Studio39.6710 000
12.02.2026Studio39.7750 000
29.01.20261 BR63.81 034 550
28.01.20261 BR73.81 075 000
21.01.2026Studio39.7745 500
14.01.20261 BR63.21 230 000
29.12.20252 BR125.11 575 000
25.12.20252 BR125.11 575 000
25.12.20252 BR125.11 575 000
17.12.20252 BR125.11 575 000
17.12.20252 BR125.11 575 000
16.12.20252 BR125.11 575 000
15.12.2025Studio39.7710 500
15.12.20251 BR63.81 013 650
15.12.2025Studio39.7750 000
15.12.20252 BR125.11 575 000
15.12.20251 BR64.01 064 500

Dubai Land Department transaction registry, updated 2026-09-30. Explore Dubai property transactions →

Registered transactions in Verano By Prescott

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

241deals since 2024
16 293AED per m², median
0%resale, the rest bought from the developer
+9%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +1% over the same period, so the building grew faster.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio40695 80017 39591
1 bedroom721 085 00015 06999
2 bedrooms1031 575 00015 29136
3 bedrooms1742 400 00013 7937

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Verano By Prescott worth?

DLD has recorded 241 sales in this building since 2024, 1 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Verano By Prescott

About the project

Verano By Prescott is a single-building residential development in Studio City by Prescott Real Estate Development. The project comprises 269 units across a basement, ground floor, seven floors and a roof. It is active, with construction completion recorded at 32.61% and a stated completion date of 31 December 2026.

The project and its design

Verano By Prescott is planned as one residential building configured as 1B+G+7 floors plus a roof. Its structure is specified as concrete and blockwork with internal and external finishes. The design incorporates transparent glass façades and stepped terraces, set alongside landscaped outdoor areas. The building’s residential entrance includes an elegantly designed lobby, while the apartments are planned with floor-to-ceiling windows intended to bring natural light into the interiors. The project contains 269 units in total. Verano By Prescott began on 30 March 2025 and has a total project area of 18,320.32 square metres.

Apartment collection and interiors

The residential collection includes studios and one-, two- and three-bedroom apartments. Homes are designed with smart floor plans focused on the use of space and day-to-day comfort. Interior specifications include premium finishes, cabinetry and countertops in the kitchens, Bosch appliances, and Kohler fixtures in the bathrooms. Advanced smart-home systems are included in the apartments, enabling control of ambience, security and convenience. Floor-to-ceiling windows form part of the apartment design and look towards the surrounding community and beyond. The apartment range offers options from compact studios through to three-bedroom residences within the same building.

Leisure and family amenities

The development’s leisure offering is centred on a resort-style swimming pool with a pool bar. Water-focused facilities also include a lazy river, a children’s pool and a splash park. These features create separate places for swimming, lounging and family recreation within the project. Social spaces are incorporated for residents to lounge and meet neighbours, alongside outdoor areas shaped by greenery and landscaped surroundings. The wider amenity selection also includes a fitness centre, gymnasium, indoor games, a children’s play area, jogging trails, cycling trails, parks and leisure areas, dining outlets, retail outlets, restaurants and a supermarket.

Studio City setting

Verano By Prescott is located in Studio City, a district planned as a film and television production centre with supporting residential, hotel and retail uses. The area includes sound stages, studios, production offices, workshops, backlots and warehousing associated with media production. The project sits adjacent to Motor City and Dubai Sports City, with access via Motor City Road, Hessa Street, Sheikh Mohammed Bin Zayed Road and Umm Suqeim Road. Dubai Autodrome, Motor City and Mohammed Bin Zayed Road are each stated at three minutes from the development, while Dubai Sports City is stated at five minutes and Dubai Marina at 18 minutes.

Parks, golf and local destinations

Several parks are close to the project: Studio City Park 2 and Studio City Park 3 are each 0.2 km away, and Studio City Park 1 is 0.3 km away. Dubai Miracle Garden is 2.2 km away. Nearby golf options include Trump International Golf Club at 1.9 km, Arabian Ranches Golf Club at 2.4 km and The Els Golf Club at 3.5 km. Cinepolis at Circle Mall is 4.3 km away, while Reel Cinemas at The Springs Souk is 6.2 km away. Global Village and The Storm Coaster are each 6.7 km from Verano By Prescott.

Payment plan and completion

The payment plan allocates 20% as a down payment on booking, followed by 40% during construction across the first to fourth instalments. The remaining 40% is due on handover at 100% completion. The project is active and its construction completion ratio is 32.61%. The stated completion date is 31 December 2026. Construction began on 30 March 2025. Buyers can therefore assess the payment structure against a project that is under construction rather than a completed residence.

The developer

Prescott Real Estate Development is the developer of Verano By Prescott. Founded in 2006, the company is responsible for the project in Studio City. The development combines a 269-unit residential programme with studios and one-, two- and three-bedroom apartments, smart-home systems, Bosch kitchen appliances and Kohler bathroom fixtures. Its design also brings together glass façades, stepped terraces, landscaped spaces and a leisure programme that includes a resort-style pool, lazy river, children’s pool and splash park. Verano By Prescott is scheduled for completion on 31 December 2026.

Frequent questions

Who is the developer of Verano By Prescott?
Verano By Prescott is being developed by Prescott Real Estate Development, founded in 2006.
Where is Verano By Prescott located?
The project is located in Studio City, adjacent to Motor City and Dubai Sports City.
What types of apartments are available at Verano By Prescott?
The development includes studios and one-, two- and three-bedroom apartments.
How many units are there at Verano By Prescott?
Verano By Prescott contains 269 units in one building with a basement, ground floor, seven floors and a roof.
What is the payment plan for Verano By Prescott?
The plan is 20% on booking, 40% during construction across the first to fourth instalments, and 40% on handover at 100% completion.
When is Verano By Prescott due for completion?
The stated completion date is 31 December 2026.
What is the current construction status of Verano By Prescott?
The project is active, with construction completion recorded at 32.61%.
What amenities are included at Verano By Prescott?
Facilities include a resort-style pool with pool bar, lazy river, children’s pool, splash park, fitness centre, gymnasium, indoor games and children’s play area.
What is nearby Verano By Prescott?
Studio City Park 2 and Studio City Park 3 are each 0.2 km away, while Dubai Autodrome and Motor City are each stated at three minutes from the project.
How can I buy an apartment in Verano By Prescott?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Verano By Prescott — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/verano-by-prescott-studio-city/