Studio · 414 sqftELEVATE by Prescott, Arjan · 10th floor · completed 2025

1004, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in October 2025, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 660K28 October 2025
Current rentAED 50K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, ELEVATE by Prescott

What is 1004 worth today?

Last sold for AED 660,000 in 2025

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1 Oct 2026RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
28 Oct 2025SoldOff-plan
AED 660,000AED 1,593 per sqft
18 Jul 2023Sold by developerOff-plan
AED 500,000AED 1,207 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
10th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 660K · October 2025

About 1004, ELEVATE by Prescott

1004 is a studio of 414 sqft on the 10th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 28 October 2025 for AED 660,000, or AED 1,593 per sqft, 5% above the AED 1,510 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2026. The current contract, signed on 1 October 2026, is AED 50,000 a year: a gross yield of 7.6% on the 2025 price.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical studio in ELEVATE by Prescott
500K600K700K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, July 2023: AED 500,000 (AED 1,207 per sqft)Sold, October 2025: AED 660,000 (AED 1,593 per sqft)

1004 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1004 sits

All 118 studios →

1004 last sold in October 2025 at AED 1,593 per sqft, 5% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,510). Over the last 12 months studios sold for AED 605,000 to 750,000, around AED 1,660 per sqft, and rent for AED 44,000 to 70,000 a year. 1004's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026742,000
2 Nov 2026650,000
9 Oct 2026670,000
8 Oct 2026700,000
18 studio sales in the last 12 months

ELEVATE by Prescott

Building

223 apartments, studios to 2-bed over 15 floors in Arjan, completed in 2025 by Prescott Real Estate Development . 49 sold in the last 12 months.

Typical price per sqft
AED 1,539 Up 5.8%
Typical sale
AED 1.11M
Typical rent
AED 55K /yr
Typical yield
7.2%
ELEVATE by Prescott, Arjan: prices, sales and rents →

Other units on the 10th floor

All 223 units in ELEVATE by Prescott
Value
1001StudioAED 500K · Jul 2023
1002StudioAED 625K · Mar 2025
1003StudioAED 448K · Jul 2023
10051-bedAED 810K · Jul 2023
1006StudioAED 530K · Jul 2023
10072-bedAED 1.7M · Aug 2026
10081-bedAED 925K · Aug 2024
1–7 of 14

1004, ELEVATE by Prescott in numbers

  • Sold twice: first on 18 July 2023 for AED 500,000, last on 28 October 2025 for AED 660,000 (AED 1,593 per sqft).
  • Rented since October 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 7.6%.
  • Studios in ELEVATE by Prescott sold for AED 605,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,539 per sqft.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 1004, ELEVATE by Prescott

What did unit 1004 last sell for?

AED 660,000 on 28 October 2025: AED 1,593 per sqft for 414 sqft. The unit has 2 registered sales; the first was AED 500,000 in July 2023.

What is the rent for unit 1004?

AED 50,000 a year on the contract signed on 1 October 2026.

How big is unit 1004?

414 sqft (38.5 sqm): a studio on the 10th floor of a 15-storey tower completed in 2025.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in ELEVATE by Prescott sold for AED 605,000 to 750,000 in the last 12 months, around AED 1,660 per sqft.

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Mortgage on 1004, ELEVATE by Prescott

Starts from the last sale price (AED 660K, 28 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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