Verano By Prescott is a contemporary residential project developed by Prescott Real Estate Development, centrally positioned in the heart of Dubai Studio City. Designed to combine affordability with modern luxury, the project offers a unique lifestyle destination for urbanites.
The development, a single building (B+G+7 Floors), showcases a diverse range of residential units, including Studios, 1, 2, and 3-bedroom apartments. Major features include Smart Home Technology in all apartments, high-end Bosch appliances in the kitchens, and sleek Kohler fixtures in the bathrooms. Some 3-bedroom units might also feature a private Jacuzzi. It is a Freehold property with an estimated completion date that is cited as both December 2026 and Q3 – 2027 in available information, with Q3 2027 being more widely mentioned.
Property Details
| Feature | Details |
| Property Name | Verano By Prescott |
| Developer | Prescott Real Estate Development |
| Location | Dubai Studio City (Near Motor City/Sports City) |
| Property Type | Apartment |
| Unit Types | Studios, 1, 2, & 3 BR Apartments |
| Size Range | 417 to 1,871 SQ. FT. |
| Starting Price | AED 650,000* |
| Government Fee | 4% DLD Fee |
| Unit Status | Off-Plan (Construction Progress: 6.54% as of Oct 2025) |
| Ownership | Freehold |
| Estimated Completion | Q3 – 2027 (Most widely reported date) |
| Key Features | Smart Home Technology, Bosch Appliances, Lazy River, Rooftop Garden, Co-working Spaces |
Features & Amenities
| Feature | Details |
| Aquatic & Relaxation | Resort Pool with Pool Bar Sitting, Lazy River, Splash Park, Kid’s Pool, Shared Spa (Steam Room, Sauna), Zen Garden, Hammock Garden. |
| Fitness & Wellness | State-of-the-art Gymnasium (Indoor & Outdoor), Fitness Studio, Yoga and Meditation Studio, Jogging Track, Bicycle Track. |
| Social & Entertainment | Clubhouse, Rooftop Garden, Community Lounge, Family Lounge with Fire Pits, BBQ Areas, Cinema (Mini), Gaming Zone (Billiards/Table Tennis). |
| Professional & Tech | Smart Home Technology (Lighting, Climate, Security Control), Co-working Spaces, Meeting Rooms, High-Speed Internet, Business Lounge, Concierge Services. |
| Family & Convenience | Children’s Play Area (Indoor & Outdoor), Trampoline Area, Skate Park, Dedicated Parking, 24/7 Security, On-site Cafes and Retail Outlets. |
Location & Connectivity
Verano is strategically positioned in Dubai Studio City, a vibrant hub adjacent to Motor City and Dubai Sports City, giving easy access to major road networks and major destinations.
- 5 Minutes – Motor City & Dubai Sports City
- 20 Minutes – Business Bay & Dubai Marina
- 25 Minutes – Dubai International Airport (DXB)
- Access – Seamless access to Hessa Street and major highways.
- Future Connectivity – Two new Metro Stations are planned and under construction nearby.
Payment Plan
Verano by Prescott offers an investor-friendly $60/40$ payment plan tied to construction milestones, with the largest percentage due only upon handover.
| Stage | Percentage | Notes |
| Down Payment | 20% | On Booking Date |
| During Construction | 40% | Paid in 4 installments aligned with construction milestones (20%, 40%, 60% completion) |
| On Handover | 40% | Due Upon Completion/Handover (Q3 2027) |
Floor Plans
| Unit Type | Size Range (Sq. Ft.) | Details |
| Studio Apartment | 417 to 427 | Efficient, modern living spaces. |
| 1 Bedroom Apartment | 676 to 856 | Includes various layouts, some with study options. |
| 2 Bedroom Apartment | 1,014 to 1,347 | Includes spacious layouts, some with Maid’s room. |
| 3 Bedroom Apartment | 1,871 | Largest unit type, typically includes a Maid’s room and may feature a private Jacuzzi/Pool. |
Why Invest in Verano By Prescott
- High-Growth Location: Situated in Dubai Studio City, a high-demand area favored by media professionals and offering excellent rental yield potential due to its proximity to Motor City and Sports City.
- Affordable Entry & Value: With a starting price of AED 650,000, Verano offers high-quality finishes (Bosch appliances, Kohler fixtures) and premium amenities for a low entry ticket.
- Smart & Modern Living: The inclusion of Smart Home Technology in every apartment future-proofs the investment and enhances the unit’s appeal to modern residents.
- Resort-Style Amenities: The unique blend of leisure facilities, including a Lazy River, Zen Garden, and a Clubhouse with a cinema/gaming zone, creates an exceptional lifestyle that drives tenant interest.
- Flexible Payment Plan: The $60/40$ payment plan is structured to be manageable, deferring $40\%$ until the anticipated handover date.
FAQs About Verano By Prescott
Q1: What is Verano by Prescott’s starting price?
A: The starting price for a Studio apartment is AED 650,000.
Q2: When is Verano by Prescott’s Delivery date?
A: The expected completion and handover date is Q3 – 2027.
Q3: What types of apartments are available at Verano?
A: Verano offers Studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments.
Q4: What is the payment plan for Verano by Prescott?
A: It features a $60\%$ During Construction / $40\%$ On Handover payment plan, starting with a 20% down payment.
Q5: Who is the developer of Verano?
A: The developer is Prescott Real Estate Development.
Contact Cresco Real Estate Today
Get your investment in the rapidly developing Dubai Studio City with Verano By Prescott. Contact us now for the newest unit availability, specific floor plans, and to finalize your payment structure.
