Verano
Verano Offered by Buy Dubai Off-Plan
Verano

Verano

by Prescott Real Estate in Dubai Sports City View on map Handover soon

Starting price
AED 650,000
Payment plan
60/40
Handover
Q3 2027

≈ € 156,000

Project details

Starting price AED 650,000 ≈ € 156,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover Q3 2027 Handover soon
Bedrooms Studio123
Property type
Apartment
Floor area
39 to 174 m²

About Verano

  • 258 residential units comprising studios, and 1, 2, and 3-bedroom apartments

  • Strategic location in Dubai Studio City, close to Motor City and Dubai Sports City

  • Modern architecture featuring glass facades, terraces, and abundant greenery

  • Extensive facilities including a resort-style swimming pool, lazy river, and children’s pools

  • Smart home systems and high-quality finishes with Bosch appliances

Verano at Dubai Studio City: Luxury homes by Prescott Real Estate

Verano in Dubai Studio City is an exclusive residential project developed by Prescott Real Estate, setting a new standard for urban living. This modern complex offers a carefully curated mix of studios and one to three-bedroom apartments, ranging from 38.74 to 173.82 m2. Completion is scheduled for the third quarter of 2027, with prices starting from AED 650,000. The design of Verano combines contemporary architecture with natural elements, including transparent glass facades and cascading terraces that blend harmoniously into the green surroundings. Residents can expect a balanced lifestyle thanks to the many high-quality amenities, from a resort-style swimming pool with a pool bar to children’s play areas. The location in the vibrant Dubai Studio City guarantees not only a lively environment but also excellent connections to major traffic arteries such as Sheikh Mohammed Bin Zayed Road.

Home types and layouts at Verano Dubai Studio City

Verano presents a diverse portfolio of 258 residential units, designed for different life stages and needs. The studios, ideal for individuals or young couples, offer a smart layout on compact areas starting from 38.74 m2. One-bedroom apartments provide a perfect intermediate solution, while the more spacious two and three-bedroom variants (up to 173.82 m2) are suitable for families. Each apartment features floor-to-ceiling windows that allow abundant natural light and offer stunning views of the surroundings or Dubai’s iconic skyline. The kitchens are equipped with high-quality Bosch appliances, stylish cabinets, and durable worktops. Bathrooms exude class with refined Kohler sanitaryware. Intelligent floor plans maximise usable space, while integrated smart home technology guarantees comfort and security via simple controls.

About the developer Prescott Real Estate and the Verano design

Prescott Real Estate Development, the renowned developer behind Verano, is known for its attention to detail and quality finishes. The building itself is an architectural feat that combines modern aesthetics with functional design. The lobby exudes timeless elegance and forms an impressive entrance to this exclusive residence. Common areas are designed to encourage social interaction, with carefully appointed lounges and meeting points. The developer has paid particular attention to sustainability and energy efficiency, without compromising on luxury. The maintenance of the common facilities is guaranteed by professional facility management, which ensures the long-term value of the investment. Prescott Real Estate has a proven track record in Dubai and consistently delivers projects that meet the highest international standards.

Prime location in Dubai Studio City near key Dubai destinations

The strategic location of Verano in Dubai Studio City offers unique advantages. Just three minutes from Motor City and Dubai Sports City, residents find themselves in the heart of a dynamic zone. Major traffic arteries such as Mohammed Bin Zayed Road and Hessa Street ensure excellent accessibility to other parts of Dubai, including Dubai Marina (18 minutes) and Al Maktoum International Airport (25 minutes). The neighbourhood itself offers a complete ecosystem with supermarkets, schools, fitness centres, and health facilities within walking distance. Culture enthusiasts will appreciate the proximity to media companies and creative hubs in Dubai Studio City, while sports fans can directly benefit from the world-class facilities in Dubai Sports City. Two future metro stations within five minutes significantly enhance mobility options. This versatile location combines urban convenience with the tranquillity of green spaces.

Flexible payment plan for Verano homes

The payment plan for Verano is transparent and structured to be investor-friendly, with a balanced distribution between construction and completion phases. 60% of the total purchase price is to be paid in stages during the construction period, ensuring a gradual financial commitment. The remaining 40% is required upon final completion in the third quarter of 2027. This model offers buyers financial flexibility and reduces risks by linking payments to construction progress. Our property advisors in Dubai can guide you through all aspects of the purchase. The project is particularly interesting for investors due to its favourable price-quality ratio and the strong rental market in this popular neighbourhood.

Amenities

Payment plan for Verano

60%40%
60%
During construction, in instalments
AED 390,000
≈ € 94,000
40%
After handover
AED 260,000
≈ € 62,000

Monthly payments and your own funds

How much do you need for Verano, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 1,316

≈ € 320 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 390,000≈ € 93,600
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 260,000≈ € 62,400
Purchase costs4% DLD fee and mortgage costs
AED 30,120≈ € 7,200
Total funds required
AED 420,120≈ € 100,800
Request finance guidance for Verano
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Verano

Location

Dubai Sports City, Dubai Al Maktoum International Airport: 25 Minutes · Dubai Autodrome: 03 Minutes
Open in Google Maps

Travel times from Verano

  • Al Maktoum International Airport: 25 Minutes
  • Dubai Autodrome: 03 Minutes
  • Dubai Marina: 18 Minutes
  • Dubai Sports City: 05 Minutes
  • Mohammed Bin Zayed Road: 03 Minutes
  • Motor City: 03 Minutes

About Prescott Real Estate

Prescott develops a variety of off-plan property projects in Dubai, ranging from luxury apartments to commercial spaces. These projects are located in strategic areas such as Downtown Dubai, Dubai Marina, and Business Bay, where demand for high-quality property solutions is high. An example is the recently launched "Prescott Heights", a residential project with units starting from 75 m2 and prices from AED 1,200,000. In addition, Prescott also offers mixed-use developments, combining living, working, and leisure. By investing in an off-plan project from Prescott, you benefit from favourable terms during the construction phase. For a complete overview of available projects, please contact us.

Prescott has been active in property development in Dubai for over 15 years and has established itself as a reliable player in the market. The developer began with small-scale projects but grew into a renowned name, partly thanks to iconic projects such as "Prescott Towers" and "The Prescott Residences". These projects were not only completed on time but have also won multiple international property awards. Prescott distinguishes itself through a combination of innovative design, sustainable materials, and attention to detail. Their experience and expertise make them a favourite among both local and international investors. Their long history of successful projects underscores their reliability.

All projects by Prescott Real Estate

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.