Verano By Prescott

P3 — Under Development Off-Plan Primary
Developer Prescott Real Estate
Community Dubai Studio City
Property type Apartment
Data updated Feb 12, 2026

Verano By Prescott is a Under Development development by Prescott Real Estate in Dubai Studio City. 228 units across 1 Bedroom (42%), Studio (39%), 2 Bedroom (15%). Over the trailing 12 months, 229 sales at a median of AED 1,025,000.

Key Metrics
Median Price
Value
AED 1,025,000
Change
30.6% YoY
Transactions
Value
229
Change
182 in period
Price / sqft
Value
AED 1,505
Handover Status
Value
P3
Change
Under Development
Median Price
AED 1,025,000
↑ 30.6% YoY
Transactions
229
↑ 182 in period
Price / sqft
AED 1,505
Handover
P3
Under Development
Investment Analytics
Capital Return
Value
1.5%
Community avg
Holding Period
Value
2.7 yrs
Community avg
Ready Market Mix
Value
50.0%
Community avg
Capital Return
1.5%
Community avg
Holding Period
2.7 yrs
Community avg
Ready Market Mix
50.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
Studio 89 units · 39%
1 Bedroom 97 units · 42%
2 Bedroom 35 units · 15%
3 Bedroom 7 units · 3%

Transaction Breakdown

All time — 229 transactions
Off-Plan Primary
228
Off-Plan Secondary
1

Price History

Median Price — Verano By Prescott

Median prices in Verano By Prescott have declined significantly, down 22% to AED 750K over the past 11 months.

Recent Transactions

Showing last 10 of 229
Date Type Price (AED) Size (sqft) AED/sqft
Feb 12, 2026 OP Primary 750,000 427 1,755
Jan 29, 2026 OP Primary 1,034,550 686 1,506
Jan 27, 2026 OP Primary 1,075,000 793 1,354
Jan 21, 2026 OP Primary 745,500 427 1,745
Jan 14, 2026 OP Secondary 1,230,000 680 1,808
Dec 26, 2025 OP Primary 1,575,000 1,347 1,169
Dec 24, 2025 OP Primary 1,575,000 1,347 1,169
Dec 24, 2025 OP Primary 1,575,000 1,347 1,169
Dec 17, 2025 OP Primary 1,575,000 1,347 1,169
Dec 17, 2025 OP Primary 1,575,000 1,347 1,169

This project is in Dubai Studio City

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