When is the Verano by Prescott handover date?
Short answer
Prescott has given a Q3 2027 handover for Verano by Prescott since the launch in January 2025, while the DLD register holds an earlier completion date of 31 December 2026. The DLD inspection on 29 September 2026 recorded the building 41.07% complete, up from 32.61% on 2 July. The registered date will be missed, and at the 2026 pace even Q3 2027 needs construction to speed up.
Registered completion date (DLD)
31 Dec 2026
DLD project register via Continental Club
Latest construction progress
41.07%
DLD inspection, 29 Sep 2026
Developer's stated date
Q3 2027
Prescott launch announcement, 7 Jan 2025
Projection at the measured pace
About May 2028
Continental Club estimate, not a developer date
Verano by Prescott handover date: the latest position
Prescott Development gives a Q3 2027 handover for Verano by Prescott, the date it announced at the launch on 7 January 2025. The Dubai Land Department (DLD) register holds an earlier registered completion date of 31 December 2026. Full project details are on the Verano by Prescott page.
The building was 41.07% complete at the DLD inspection on 29 September 2026. That rules out the 31 December 2026 register date. Reaching 100% by the end of September 2027 would need about 4.9 points a month, against about 2.8 a month between July and September 2026. Continental Club’s projection at the measured pace is around May 2028.
Verano by Prescott handover date by building
Verano is a single building in Dubai Studio City, DLD project 3339, with 269 registered units.
| Building | Construction progress (DLD, date) | Registered completion date | Developer or portal date |
|---|---|---|---|
| Verano by Prescott | 41.07% (29 Sep 2026) | 31 Dec 2026 | Q3 2027 (Prescott, Jan 2025); 30 Sep 2027 (WWB) |
| DLD inspection | Progress |
|---|---|
| 2 Jul 2026 | 32.61% |
| 29 Sep 2026 | 41.07% |
How the Verano by Prescott handover date has changed
| Date | What happened | Source |
|---|---|---|
| 7 Jan 2025 | Launch at Drift Dubai: 258 furnished homes, handover Q3 2027 | Prescott |
| 30 Mar 2025 | Registered construction start; register completion date 31 Dec 2026 | DLD register via Continental Club |
| 2 Jul 2026 | 32.61% complete | DLD register via Continental Club |
| 29 Sep 2026 | 41.07% complete; register still shows 31 Dec 2026 | DLD register via Continental Club |
| 11 Oct 2026 | Agents still list Q3 2027 | WWB; EZRE |
Unusually, the registered date is earlier than the developer’s public date, so the register has not yet caught up with Prescott’s own timetable. Registered completion dates are often extended once a project nears them, and the figure to watch is whether the register moves to Q3 2027 or later.
What the Verano by Prescott handover date means for payments
Most sources list 20% on booking plus the 4% DLD fee, four instalments of 10% during construction (one in October 2025, then at 20%, 40% and 60% completion), and 40% on handover (Katalystor; Property Finder). EZRE lists 20% on booking, 10% during construction and 70% on handover. Because three construction instalments are tied to progress stages, a slower build also delays them. The 60% stage, the last before handover, had not been reached at the September 2026 inspection. On a studio at the median registered price of AED 695,800, the 40% handover payment is about AED 278,000.
What to check before relying on the Verano by Prescott date
- Which date the SPA states, 31 December 2026 or Q3 2027, and the grace period that follows it.
- Whether the next construction instalment is linked to DLD progress or the developer’s consultant, since the 60% milestone is still ahead.
- The next DLD inspection, to see whether the pace rises towards the 4.9 points a month that Q3 2027 needs.
Questions buyers also ask
When will Verano by Prescott be completed?
Prescott's date is Q3 2027, and WWB lists 30 September 2027. The DLD register holds 31 December 2026, which the building cannot meet at 41.07% complete in late September 2026.
Has the Verano by Prescott handover date been delayed?
Prescott has not announced a change to Q3 2027. The DLD registered date of 31 December 2026 is earlier than the developer's own date and will pass before completion. At 2.8 to 3 points a month, construction would finish in 2028.
How far along is Verano by Prescott?
41.07% complete at the DLD inspection on 29 September 2026, up from 32.61% on 2 July 2026.
How much is paid at Verano by Prescott handover?
40% of the price on the 20/40/40 plan that most sources list. One agent lists 70% on handover.