Verano by Prescott
Dubai Studio City , Dubai
AED 650,000
≈
AED 650,000
Construction Progress15%
Description
Prescott Development unveils Verano, the latest residential development in Dubai Studio City. This off-plan residential development is set to feature 258 fully furnished apartments in studio, 1, 2 and 3-bedroom layouts. Each home will be equipped with smart home systems and branded kitchen appliances, catering to the needs of families. Residents will enjoy breathtaking views of the city and its scenic surroundings.
Verano by Prescott will offer over 34 ultra-luxurious amenities such as a swimming pool, fitness centre and recreational spaces. Premium services in Verano by Prescott will include 24-hour concierge, valet parking and round-the-clock security, ensuring convenience for getting around the city.
Amenities & Features
Parking Spaces
Gym or Health Club
Swimming Pool
Kids Play Area
Barbeque Area
Property Details
Property TypeApartment
DeveloperPrescott Development
ProjectVerano by Prescott
CommunityDubai Studio City
CompletionOff-Plan -
Q3 2027
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 650,000
DLD Fee (4%)AED 26,000
Trustee FeeAED 4,200
Agency (2%)AED 13,000
Total
InvestmentAED 693,200
Expected Annual Returns
Expected Annual RentAED 54,600
Service Charges (Est)-AED 6,405
Net Annual
IncomeAED 48,195
Net Annual ROI7.0% (after expenses)
Payback Period14.4 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa17.6 km
Dubai Mall17.7 km
Dubai Airport (DXB)26.5 km
Mall of the Emirates10 km
Dubai Marina11.7 km