Verano by Prescott: Apartments in Dubai Studio City from AED 650K to AED 2.4M
Verano by Prescott is a residential apartment project in Dubai Studio City, built by Prescott Real Estate Development. Construction started in March 2025, with completion scheduled for December 2026. Off-plan buyers entering now have around 18 months to handover.
Dubai Studio City: Connectivity Without the Premium
Dubai Studio City sits in the southern corridor of Dubai, close to Motor City, Sports City, and the Dubai Autodrome. Sheikh Mohammed Bin Zayed Road (E311) runs nearby, connecting residents directly to the city's main road network. Dubai Marina is roughly 20 to 25 minutes by car. Downtown Dubai is around 30 minutes.
This is a mid-market location. Prices here sit below the Marina and Downtown, which opens the project to a wider buyer and investor pool. The area mixes residential buildings with media and creative industry offices, with schools and retail accessible in the surrounding zone.
AED 650K to AED 2.4M: What Each Level Buys
The price range in Verano covers four unit types, from studios to a three-bedroom apartment.
Studios start at AED 650,000 for layouts of 417 to 427 square feet, with larger studio configurations at AED 710,000. This tier suits investors looking for a lower acquisition cost or first-time buyers entering the Dubai market.
One-bedroom apartments start from AED 950,000, with floor areas ranging from 676 to 856 square feet across multiple layouts. The size spread within this tier is notable: the largest one-bedrooms are nearly 30% bigger than the smallest at the same starting price.
Two-bedroom units start at AED 1,450,000, with sizes from around 1,014 to 1,347 square feet across six layout variants. These suit couples, small families, or buyers who want a dedicated second room.
The three-bedroom apartment starts at AED 2,400,000 for 1,871 square feet. One layout type at this level. At this price in Studio City, the unit represents a practical family home rather than a luxury product.
Eight Amenities, Including an On-Site Golf Club
| Theme | Amenities |
|---|---|
| Fitness & Wellness | Shared Gym, Indoor Swimming Pool, Shared Spa |
| Outdoor & Social | Community Park, Barbecue Area, Bicycle Track |
| Lifestyle & Leisure | Golf Club and Clubhouse, Cafe and Restaurants |
The golf club and clubhouse is the standout here. An on-site golf facility at this price point is uncommon and puts Verano in a different category from most mid-market residential projects. The indoor pool and spa round out a wellness set that typically appears in higher-priced developments. The bicycle track and community park orient the project toward families and active residents. On-site cafe and dining options reduce dependence on external venues for day-to-day use.
Completion Targeted for December 2026
Construction began in late March 2025. Completion is scheduled for December 2026, a build window of around 21 months. Buyers entering now are midway through that period. There is still a substantial stretch of construction ahead before handover.
Getting In for 20% Down
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| At handover | 40% |
The 20% down payment sits at the Dubai off-plan market standard. The remaining 80% splits evenly: 40% paid during the construction period and 40% at handover. The construction-phase payments spread across the build timeline, distributing the outflow rather than concentrating it. The 40% handover payment is the largest single disbursement. For the three-bedroom unit at AED 2.4M, that comes to AED 960,000 at keys.