DLD record shows license expiry Sep 2026
Prescott Real Estate Development LLC: Dubai Projects, Delivery Record & DLD Sold Prices
License #586350 · Registered 2017 · 40% avg completion
Comprehensive DLD data · Based on 10 DLD-registered projects
PRESCOTT REAL ESTATE DEVELOPMENT L.L.C has 10 DLD-registered Dubai projects (4 completed) and 138 sales in the last 12 months, portfolio yield ~9.6%. Use this as sponsor context, then compare any live ask to DLD sold prices.Source: Dubai Land Department registered transactions.
Check a listing vs DLD sold prices. First full DLD report free, then USD 1 per check or 5 checks for USD 5.
01Developer track record
SOLID TRACK RECORD
4 completed, 6 under construction. Verify delivery history before committing. Average yield 9.6%, total return 7.3%. Best performer: Prime Residency 3 (#107). DLD record shows license expiry Sep 2026 — verify current status with RERA before committing to under-construction projects.
Top projects by rank: Prime Residency 3 (#107), Prime Gardens (#380), ELEVATE by Prescott (#836)
02Key numbers
Total projects
10
DLD registered
Completed
4
40% done
Under construction
6
in progress
Avg gross yield (projects with rent data)
9.6%
on par / above
Avg total return (12m)
+7.3%
yield + growth
Sales (12m)
138
transactions
Rent contracts (12m)
133
strong demand
Rent contracts / units (12m)
7%
133 / 2,044 units
03Portfolio breakdown
10
projects
Completed4
Under construction6
Pending0
Recent completion track record
Prime Gardensfinished
Prime Residency 3finished
Prime Townhousesfinished
Prime Viewsfinished
ELEVATE by Prescott2025
Serene Gardens 2 by Prescottin progress
Serene Gardens by Prescottin progress
Fairway Residences By Prescottin progress
Legado By Prescottin progress
Verano By Prescottin progress
04Risk assessment
05Project portfolio — top performers
| Project | Rank | Yield | Growth | Total | AED/m² | |
|---|---|---|---|---|---|---|
| Prime Residency 3finishedJabal Ali First | #107 | 10.8% | -3.5% | +7.3% | 12,704 | Check a quote → |
| Prime GardensfinishedAl Barshaa South Third | #380 | 10.3% | — | — | 12,428 | Check a quote → |
| ELEVATE by PrescottactiveAl Barshaa South Third | #836 | 8.4% | — | — | 13,339 | Check a quote → |
| Prime ViewsfinishedNad Al Shiba First | #1654 | 7.0% | — | — | 13,189 | Check a quote → |
| Fairway Residences By PrescottactiveAl Hebiah Fourth | — | — | — | — | 12,887 | Check a quote → |
| Legado By PrescottactiveAl Barsha South Fourth | — | — | — | — | 17,864 | Check a quote → |
| Prime TownhousesfinishedJabal Ali First | — | 16.4% | — | — | 9,772 | Check a quote → |
| Serene Gardens 2 by PrescottactiveJabal Ali First | — | — | — | — | 14,532 | Check a quote → |
| Serene Gardens by PrescottactiveJabal Ali First | — | — | — | — | 13,764 | Check a quote → |
| Verano By PrescottactiveAl Hebiah Second | — | — | — | — | 16,468 | Check a quote → |
06Before you buy from this developer
verify
Confirm the licence on Dubai REST
The DLD extract lists licence #586350 with an expiry field of Sep 2026. That field is not updated when RERA renews, so it is not proof the licence has lapsed. Check Dubai REST before you treat it as expired.
verify
Check escrow account status
Verify financial guarantees and milestone payment structure for under-construction projects. Confirm funds are in RERA-regulated escrow.
verify
Confirm construction schedule
For active projects: verify current construction progress vs stated completion percentage. Request latest project timeline from developer.
context
Overall risk: MEDIUM
PRESCOTT REAL ESTATE DEVELOPMENT L.L.C has 4 completed projects. Completed projects carry lower developer risk than off-plan.
Use this sponsor history as context, then run Offer Verdict on any real PRESCOTT REAL ESTATE DEVELOPMENT L.L.C quote before you negotiate or reserve.
Run a DLD-backed Offer Verdict ↗AlsoCommunities in this portfolio
AlsoSimilar DLD developer reports
- A D E PROPERTIES L.L.C· 138 sales 12m
- RABDAN REAL ESTATE DEVELOPMENT L.L.C· 138 sales 12m
- JAD GLOBAL REAL ESTATE DEVELOPMENT L.L.C· 137 sales 12m
- BEYOND VESPERA REAL ESTATE DEVELOPMENT L.L.C· 141 sales 12m
- TOMORROW WORLD REAL ESTATE DEVELOPMENT L.L.C· 141 sales 12m
- GULF LAND PROPERTY DEVELOPERS L.L.C· 143 sales 12m
FAQDirect answers
- How many Dubai projects does PRESCOTT REAL ESTATE DEVELOPMENT L.L.C have?
- PRESCOTT REAL ESTATE DEVELOPMENT L.L.C has 10 DLD-registered projects in Dubai: 4 completed, 6 under construction.
- How active is PRESCOTT REAL ESTATE DEVELOPMENT L.L.C in DLD sales?
- 138 registered sales in the last 12 months; typical DLD average around 14,159 AED/m².
- How do I check a PRESCOTT REAL ESTATE DEVELOPMENT L.L.C asking price?
- Run Offer Verdict at /check. The first report is free and compares the broker ask to DLD registered sold prices, not listings.