Studio · 418 sqftVerano By Prescott, Dubai Studio City · 5th floor

508, Verano By Prescott

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

Unit 508 · DLD and Ejari recordsUpdated 16 July 2025
Last soldAED 675K16 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Verano By Prescott

What is 508 worth today?

Last sold for AED 675,000 in 2025

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16 Jul 2025Sold by developerOff-plan
AED 675,000AED 1,616 per sqft

Source: Dubai Land Department. Updated 16 July 2025.

Key facts

Type
Studio apartment
Size
418 sqft
Floor
5th of 7
Parking
1
Developer
Prescott Real Estate Development
Last sold
AED 675K · July 2025

About 508, Verano By Prescott

508 is a studio of 418 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 16 July 2025 for AED 675,000, or AED 1,616 per sqft, in line with the AED 1,584 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical studio in Verano By Prescott
700K750K202520262027Typical sale price by year: 2025 AED 695,000; 2026 AED 750,000Sold by developer, July 2025: AED 675,000 (AED 1,616 per sqft)

508 has sold once; the dashed line is the studio median of each year in the building.

Studios in Verano By Prescott, and where 508 sits

All 90 studios →

508 last sold in July 2025 at AED 1,616 per sqft, in line with what studios in Verano By Prescott were fetching at the time (AED 1,584). Over the last 12 months studios sold for AED 700,000 to 775,000, around AED 1,718 per sqft.

Recent studio salesUnit no.Price (AED)Summary
24 Sep 2026775,000
12 Feb 2026750,000
21 Jan 2026745,500
15 Dec 2025710,500
11 studio 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
5062-bedAED 1.55M · May 2025
5073-bedAED 2.4M · Jun 2025
509StudioAED 675K · Jun 2025
1–7 of 38

508, Verano By Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 16 July 2025 for AED 675,000, or AED 1,616 per sqft.
  • Studios in Verano By Prescott sold for AED 700,000–775,000 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 16 July 2025.

Questions about 508, Verano By Prescott

What did unit 508 last sell for?

AED 675,000 on 16 July 2025, sold by the developer: AED 1,616 per sqft for 418 sqft. It is the only registered sale of the unit.

How big is unit 508?

418 sqft (38.8 sqm): a studio on the 5th floor of a 7-storey tower.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Verano By Prescott sold for AED 700,000 to 775,000 in the last 12 months, around AED 1,718 per sqft.

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Mortgage on 508, Verano By Prescott

Starts from the last sale price (AED 675K, 16 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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