diff --git a/.changeset/shaggy-seals-judge.md b/.changeset/shaggy-seals-judge.md
new file mode 100644
index 0000000000..ef79705c31
--- /dev/null
+++ b/.changeset/shaggy-seals-judge.md
@@ -0,0 +1,5 @@
+---
+'svelte': patch
+---
+
+fix: prevent migration script from adding `props.` to the `export let` identifier
diff --git a/packages/svelte/src/compiler/migrate/index.js b/packages/svelte/src/compiler/migrate/index.js
index 057020d730..ceb2ad5da2 100644
--- a/packages/svelte/src/compiler/migrate/index.js
+++ b/packages/svelte/src/compiler/migrate/index.js
@@ -1514,7 +1514,7 @@ function handle_identifier(node, state, path) {
 			);
 		} else {
 			const binding = state.scope.get(node.name);
-			if (binding?.kind === 'bindable_prop') {
+			if (binding?.kind === 'bindable_prop' && binding.node !== node) {
 				state.str.prependLeft(/** @type {number} */ (node.start), `${state.names.props}.`);
 			}
 		}
diff --git a/packages/svelte/tests/migrate/samples/not-prepend-props-to-export-let/input.svelte b/packages/svelte/tests/migrate/samples/not-prepend-props-to-export-let/input.svelte
new file mode 100644
index 0000000000..b169f63045
--- /dev/null
+++ b/packages/svelte/tests/migrate/samples/not-prepend-props-to-export-let/input.svelte
@@ -0,0 +1,5 @@
+<script>
+	export let stuff;
+
+	console.log($$props);
+</script>
\ No newline at end of file
diff --git a/packages/svelte/tests/migrate/samples/not-prepend-props-to-export-let/output.svelte b/packages/svelte/tests/migrate/samples/not-prepend-props-to-export-let/output.svelte
new file mode 100644
index 0000000000..8e0f2fd658
--- /dev/null
+++ b/packages/svelte/tests/migrate/samples/not-prepend-props-to-export-let/output.svelte
@@ -0,0 +1,5 @@
+<script>
+	let { ...props } = $props();
+
+	console.log(props);
+</script>
\ No newline at end of file