1-bed · 906 sqftELEVATE by Prescott, Arjan · 10th floor · completed 2025

1008, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 925K16 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, ELEVATE by Prescott

What is 1008 worth today?

Last sold for AED 925,000 in 2024

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16 Aug 2024SoldOff-plan
AED 925,000AED 1,028 per sqft
11 Jul 2023Sold by developerOff-plan
AED 850,000AED 944 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
1-bed apartment
Size
906 sqft
Floor
10th of 15
Parking
G-19
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 925K · August 2024

About 1008, ELEVATE by Prescott

1008 is a one-bedroom apartment of 906 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 16 August 2024 for AED 925,000, or AED 1,028 per sqft, 5% below the AED 1,084 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in ELEVATE by Prescott
800K1M1.2M20232024202520262027Typical sale price by year: 2023 AED 870,000; 2024 AED 1,000,000; 2025 AED 1,022,500; 2026 AED 1,191,000Sold by developer, July 2023: AED 850,000 (AED 944 per sqft)Sold, August 2024: AED 925,000 (AED 1,028 per sqft)

1008 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in ELEVATE by Prescott, and where 1008 sits

All 75 1-beds →

1008 last sold in August 2024 at AED 1,028 per sqft, 5% below what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,084). Over the last 12 months one-beds sold for AED 850,000 to 1,320,000, around AED 1,490 per sqft, and rent for AED 70,000 to 95,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20261,200,000
19 Sep 20261,320,000
16 Sep 20261,125,000
10 Sep 20261,090,000
20 1-bed 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
1004StudioAED 660K · Oct 2025
10051-bedAED 810K · Jul 2023
1006StudioAED 530K · Jul 2023
10072-bedAED 1.7M · Aug 2026
1–7 of 14

1008, ELEVATE by Prescott in numbers

  • Sold twice: first on 11 July 2023 for AED 850,000, last on 16 August 2024 for AED 925,000 (AED 1,028 per sqft).
  • One-beds in ELEVATE by Prescott sold for AED 850,000–1,320,000 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 16 August 2024.

Questions about 1008, ELEVATE by Prescott

What did unit 1008 last sell for?

AED 925,000 on 16 August 2024: AED 1,028 per sqft for 906 sqft. The unit has 2 registered sales; the first was AED 850,000 in July 2023.

How big is unit 1008?

906 sqft (84.2 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2025.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in ELEVATE by Prescott sold for AED 850,000 to 1,320,000 in the last 12 months, around AED 1,490 per sqft.

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Mortgage on 1008, ELEVATE by Prescott

Starts from the last sale price (AED 925K, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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