Prescott Real Estate Development: Dubai Developer Data and Project Overview 2026

Prescott Real Estate Development L.L.C is a DLD (Dubai Land Department, the authority that registers all property transactions in Dubai) registered developer with active projects across Al Barsha South, Jabal Ali First, Al Hebiah, and Nad Al Shiba. The company has been registered with DLD since August 2017 and holds DLD license number 586350.

Prescott is active in the mid-market and affordable luxury residential segment, with communities including Legado, Serene Gardens, Verano, Raise, Fairway Residences, Prime Views, and Prime Gardens. All projects are registered with DLD and fall under RERA (Real Estate Regulatory Agency) oversight. This profile presents data drawn from public DLD records and is not affiliated with or endorsed by Prescott Real Estate Development.

DLD project registration data reflects records as of April 2026. Project counts and unit figures are sourced from public DLD data and may not reflect units sold or under reservation.

Prescott Real Estate Development has been active in the Dubai off-plan market since 2017, with 10 DLD-registered projects spanning multiple communities in south and west Dubai. The developer focuses on residential apartment communities targeting owner-occupiers and yield-focused investors in the AED 450,000 to AED 2,000,000 price segment.

Active projects in 2026 include Legado in Al Barsha South Fourth, Serene Gardens and Serene Gardens 2 in Jabal Ali First, Verano in Al Hebiah Second, Raise in Al Barsha South Third, and Fairway Residences in Al Hebiah Fourth. Completed projects include Prime Residency 3, Prime Views, Prime Gardens, and Prime Townhouses.

Transaction volume data for individual Prescott projects is not currently available in DLD records. Investors should verify registered transaction counts for specific projects at dubailand.gov.ae.

Prescott projects span several communities in south and west Dubai:

On-time delivery rate, average delivery delta, and cancellation rate for Prescott Real Estate Development are not currently available in DLD records. Verify delivery performance for specific projects directly at dubailand.gov.ae using the individual project number.

DLD records show Prime Residency 3, Prime Views, Prime Gardens, and Prime Townhouses as finished projects at 100% completion. Raise in Al Barsha South Third shows approximately 87% completion in DLD records and is approaching handover stage. Serene Gardens and other active phases are at early construction stages.

Investors should request the DLD project registration certificate and RERA escrow account details for any active Prescott project before transferring any funds.

Public property listing data for Prescott Real Estate Development projects in 2026 shows units listed from approximately AED 450,000 for studio units to AED 2,000,000 for three-bedroom units in Legado and Serene Gardens communities.

Average registered price per sqft and average gross yield figures are not currently available in DLD transaction records for Prescott projects. Investors should build independent yield models using current rental comparable data for the specific area where each project is located.

Unit types across Prescott projects include studios, one-bedroom, and two-bedroom apartments. Larger unit types (three-bedroom) are available in select communities. Exact unit mix per phase is available in the DLD project registration documents.

The developers below operate at a comparable price range and geographic focus to Prescott in the mid-market Dubai residential segment, based on publicly available project data for 2026.

This comparison is based on public DLD registration data and public listing data. It is not a recommendation. Investors should verify all figures at dubailand.gov.ae before making any investment decision.

Before purchasing a unit in any Prescott Real Estate Development project, investors should verify the following directly with DLD and RERA:

• Current DLD license status. License number 586350 is registered with DLD. Verify the current active status and expiry date at dubailand.gov.ae.
• Project-specific escrow account. Each Prescott project should have a registered escrow account. Confirm the escrow agent name and account details. Off-plan payments must be deposited into the RERA-registered escrow account, not paid directly to the developer.
• Construction completion percentage. DLD records the reported completion percentage per project. Verify the DLD-registered figure matches site observations before releasing any instalment.
• RERA project status. Check rera.gov.ae to confirm the project has not been placed under RERA supervision or listed for cancellation.
• Payment plan terms. Review the registered payment plan in the sale and purchase agreement against DLD records. Payment plans should be tied to construction milestones, not calendar dates.

This developer profile is produced by Oliva Real Estate Brokerage, RERA License 1573501. It is intended for informational purposes only and does not constitute investment advice, a solicitation to buy, or a recommendation of any specific developer or project.

All data presented is sourced from publicly available DLD records, RERA databases, and public property listings as of April 2026. DLD data is updated periodically and figures may not reflect real-time project status. Oliva does not independently verify developer claims, construction progress, or financial standing.

Past project completions do not guarantee future delivery performance. Real estate investment carries risk including the risk of project delays, developer insolvency, and market value fluctuation. Investors should conduct independent due diligence and consult a licensed financial advisor before making any investment decision.

Oliva is not affiliated with Prescott Real Estate Development and does not receive any compensation from Prescott or any of its projects in connection with this profile.