Project description
Verano is a superb real estate development located in the Studio City district of Dubai. This residence is proposed by Prescottone of the developers for whom Dubai Immo has sold over 200 apartments in recent years. Verano will offer magnificent furnished apartments at competitive prices. Dubai Immo provides you with a full analysis of the residence, as well as information on the properties available. If you'd like to find out more about the project, or have a face-to-face chat with a professional, we invite you to fill in a form or contact us directly. We guarantee you the best market prices on all apartments in Prescott's Verano Dubai residence .
Contents
Dubai Studio City
This residential district is located in the south of Dubai, in the immediate vicinity of Motor City and Sports City. A fast-growing area, it is already home to numerous television studios, as well as the headquarters of many companies linked to the fashion industry. Dozens of shops and restaurants, as well as a shopping mall, can be reached in less than 2 minutes from the Verano residence. The Studio City neighborhood is ideally suited to classic annual rentals.
Prescott's Verano residence
This magnificent residence will feature a modern architecture that we find very successful. With just 7 floors, Verano is certainly the most beautiful residence ever built in the Dubai Studio City area. The emphasis will be on services and activities, to the delight of future residents. Amenities will be spread over two levels, on the second floor and on the roof. A huge 45-metre lagoon-style swimming pool, gym, children's play area, sauna, cinema and games room for adults - the developer has thought of everything. In all, residents will have access to nearly 25 services, included in their condominium fees. The monthly charges for a studio are around €150, a very reasonable sum for the quality of the services on offer.
Interested in this project?
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Verano by Prescott apartments
258 apartments are available, including studios (96), 1-bedroom apartments (116), 2-bedroom apartments (38) and 3-bedroom apartments (8 only). Spacious and well-appointed, the apartments can be delivered furnished or unfurnished, depending on your preferences. Please note, however, that all apartments will be delivered with fully equipped kitchens, and Bosch brand appliances will be used. With floor-to-ceiling windows, balconies, terraces and meticulous finishes, the apartments at Verano by Prescott will meet the expectations of even the most demanding investors.
Apartment size
| Property type | Areas | Studio | Starting at 2 39 |
|---|---|
| 1 bedroom (T2) | Starting at 2 63 |
| 2 rooms (3) | Starting at 2 93 |
| 3 rooms (4) | Starting at 2 174 |
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Apartment prices
| Property type | Starting price | Studio | 650AED i.e. 162.000 |
|---|---|
| 1 bedroom (T2) | 950AED i.e. 237.000 |
| 2 rooms (3) | 1.45AED i.e. 362.000AED |
| 3 rooms (4) | 2.4AED i.e. 600.000AED |
Amounts in euros are indicative and calculated on the basis of an exchange rate of 4 AED for 1€.
Contribution required by property type
| Property type | Minimum contribution with notary fees | Studio | 156AED i.e. 39.000 |
|---|---|
| 1 bedroom (T2) | 228AED i.e. 57.000 |
| 2 rooms (3) | 348AED i.e. 87.000 |
| 3 rooms (4) | 576AED i.e. 144.000 |
Amounts in euros are indicative and calculated on the basis of an exchange rate of 4 AED for 1€.
Payment plan and financing
The developer Prescott offers you a 0% interest payment plan, with no bank interest. No supporting documents are required to qualify.
20%
To be paid on reservation + 4% notary fees (DLD)
40%
To be paid during construction
40%
To be paid on completion of work
Payment plan details :
| Deadline | Amount due |
|---|---|
| On reservation | 20% + 4% notary's fees (DLD) |
| June 2025 | 10% |
| At 20% construction | 10% |
| At 40% construction | 10% |
| At 60% construction | 10% |
| When the work is finished | 40% |
Completion date
Construction is scheduled for completion in the third quarter of 2027.
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