Verano By Prescott

1. Is it on schedule?41% built in September 2026 against a December 2026 handover: 59% left to build in 3 months · DLD inspection, 25 Sept 202641%Context
2. Is my money protected?Payments go to an escrow account at يونايتد بنك ليمتد (مكتب ادارة), as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,545/sqft, 0.9% below the Dubai Studio City off-plan median across 12 projects-0.9%Context
4. Is it selling?27 off-plan sales registered in the last 12 months, of 258 units; the latest on 25 Sept 202627Context
5. Who is building it?Prescott, licence no. 1207Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

يونايتد بنك ليمتد (مكتب ادارة)

Developer, as licensed

PRESCOTT REAL ESTATE DEVELOPMENT L.L.C (no. 1207)

Master developer

Dubai Holding Asset Management

Registered start

March 2025

Configuration

1B+G+7Floor+Roof.The project designed to have a concrete structure and block with internal and external finishes.

Construction progress is DLD’s inspection of 25 Sept 2026. DLD’s published project register still lags it, so the later inspection is used and dated on its own. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will Verano By Prescott be completed?

The developer registered handover for December 2026, 3 months after DLD’s latest record, and the project was 41% built as of September 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department inspection of 25 Sept 2026.

What does Verano By Prescott cost per square foot?

AED 1,545 per sqft, the median of 27 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 1.01M. That is 0.9% below the Dubai Studio City off-plan median across 12 projects.

Is Verano By Prescott in escrow?

Yes: the Land Department register names يونايتد بنك ليمتد (مكتب ادارة) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Verano By Prescott?

PRESCOTT REAL ESTATE DEVELOPMENT L.L.C, licence no. 1207, by the register’s own licence number; the master developer that owns the land is Dubai Holding Asset Management. Dubai Land Department project register as of July 2026.

How many units does Verano By Prescott have?

258 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.