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2-bed · 1,256 sqftVerano By Prescott, Dubai Studio City · 5th floor

506, Verano By Prescott

Sold prices and rental history: sold once, by the developer in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 13 May 2025
Last soldAED 1.55M13 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Verano By Prescott

What is 506 worth today?

Last sold for AED 1,547,000 in 2025

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13 May 2025Sold by developerOff-plan
AED 1,547,000AED 1,232 per sqft

Source: Dubai Land Department. Updated 13 May 2025.

Key facts

Type
2-bed apartment
Size
1,256 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Last sold
AED 1.55M · May 2025
Building
Verano By Prescott

About 506, Verano By Prescott

506 is a two-bedroom apartment of 1,256 sqft on the 5th floor of Verano By Prescott, a 7-storey tower in Dubai Studio City by Prescott Real Estate Development . The developer sold it on 13 May 2025 for AED 1,547,000, or AED 1,232 per sqft, 12% below the AED 1,393 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Verano By Prescott, and where 506 sits

All 35 2-beds →

506 last sold in May 2025 at AED 1,232 per sqft, 12% below what two-beds in Verano By Prescott were fetching at the time (AED 1,393). Over the last 12 months two-beds sold for AED 1,435,500 to 1,575,000, around AED 1,169 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Aug 20261,435,500
26 Dec 20251,575,000
24 Dec 20251,575,000
24 Dec 20251,575,000
8 2-bed sales in the last 12 months

Verano By Prescott

Building

229 apartments, studios to 3-bed over 7 floors in Dubai Studio City by Prescott Real Estate Development . 25 sold in the last 12 months.

Typical price per sqft
AED 1,545 Up 2.8%
Typical sale
AED 1.01M
Typical rent
Few contracts
Typical yield
Verano By Prescott, Dubai Studio City: prices, sales and rents →

Other units on the 5th floor

All 229 units in Verano By Prescott
Value
5012-bedAED 1.58M · Dec 2025
5031-bedAED 1.19M · Apr 2025
5041-bedAED 1.16M · Apr 2025
505StudioAED 750K · Apr 2025
5073-bedAED 2.4M · Jun 2025
508StudioAED 675K · Jul 2025
509StudioAED 675K · Jun 2025
1–7 of 38

506, Verano By Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 13 May 2025 for AED 1,547,000, or AED 1,232 per sqft.
  • Two-beds in Verano By Prescott sold for AED 1,435,500–1,575,000 in the 12 months to November 2026; the building's median across all types is AED 1,545 per sqft.

Source: Dubai Land Department. Updated 13 May 2025.

Questions about 506, Verano By Prescott

What did unit 506 last sell for?

AED 1,547,000 on 13 May 2025, sold by the developer: AED 1,232 per sqft for 1,256 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,256 sqft (116.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Verano By Prescott sold for AED 1,435,500 to 1,575,000 in the last 12 months, around AED 1,169 per sqft.

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Mortgage on 506, Verano By Prescott

Starts from the last sale price (AED 1.55M, 13 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,547,000
Deposit, UAE resident (20%)
AED 309,400
Deposit, non-resident (40%)
AED 618,800
Monthly over 25 years at 3.7%
AED 6,329

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →