1011, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in December 2025, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1011, ELEVATE by Prescott
What is 1011 worth today?
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Source: Dubai Land Department. Updated 22 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 423 sqft
- Floor
- 10th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 700K · December 2025
- Building
- ELEVATE by Prescott
About 1011, ELEVATE by Prescott
1011 is a studio of 423 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 23 December 2025 for AED 700,000, or AED 1,653 per sqft, 8% above the AED 1,530 studios in the building were fetching at the time.
One Ejari contract is registered, from 22 May 2026. The current contract, signed on 22 May 2026, is AED 46,000 a year: a gross yield of 6.6% on the 2025 price.
Sales and rents for 1011 over time
1011 has sold twice; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 1011 sits
All 118 studios →1011 last sold in December 2025 at AED 1,653 per sqft, 8% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,530). 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. 1011's AED 46,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 403 sqft | 742,000 | 1,840 | ||
| 2 Nov 20262 November 2026 | 405 sqft | 650,000 | 1,606 | ||
| 9 Oct 20269 October 2026 | 405 sqft | 670,000 | 1,655 | ||
| 8 Oct 20268 October 2026 | 425 sqft | 700,000 | 1,646 |
ELEVATE by Prescott
Building223 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%
Other units on the 10th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 419 sqft | AED 500KAED 500,000 · Jul 2023July 2023 | 44,900 /yr | |
| 1002 | Studio | 416 sqft | AED 625KAED 625,000 · Mar 2025March 2025 | 57,000 /yr | |
| 1003 | Studio | 416 sqft | AED 448KAED 448,000 · Jul 2023July 2023 | 50,000 /yr | |
| 1004 | Studio | 414 sqft | AED 660KAED 660,000 · Oct 2025October 2025 | 50,000 /yr | |
| 1005 | 1-bed | 737 sqft | AED 810KAED 810,000 · Jul 2023July 2023 | 80,000 /yr | |
| 1006 | Studio | 405 sqft | AED 530KAED 530,000 · Jul 2023July 2023 | ||
| 1007 | 2-bed | 1,233 sqft | AED 1.7MAED 1,700,000 · Aug 2026August 2026 | ||
| 1008 | 1-bed | 906 sqft | AED 925KAED 925,000 · Aug 2024August 2024 | ||
| 1009 | Studio | 425 sqft | AED 560KAED 560,000 · Jul 2023July 2023 | 50,000 /yr | |
| 1010 | Studio | 423 sqft | AED 715KAED 715,000 · Sep 2026September 2026 | 54,000 /yr | |
| 1012 | 2-bed | 1,221 sqft | AED 1.8MAED 1,800,000 · Feb 2026February 2026 | ||
| 1013 | 1-bed | 858 sqft | AED 1.2MAED 1,200,000 · Mar 2025March 2025 | 86,500 /yr | |
| 1014 | 1-bed | 878 sqft | AED 840KAED 840,000 · May 2023May 2023 | 75,000 /yr | |
| 1015 | 1-bed | 761 sqft | AED 1.15MAED 1,145,000 · Aug 2026August 2026 | 79,778 /yr |
1011, ELEVATE by Prescott in numbers
- Sold twice: first on 7 June 2023 for AED 510,000, last on 23 December 2025 for AED 700,000 (AED 1,653 per sqft).
- Rented since May 2026 on one Ejari contract, at AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2025 price is 6.6%.
- 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 22 May 2026.
Questions about 1011, ELEVATE by Prescott
What did unit 1011 last sell for?
AED 700,000 on 23 December 2025: AED 1,653 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 510,000 in June 2023.
What is the rent for unit 1011?
AED 46,000 a year on the contract signed on 22 May 2026.
How big is unit 1011?
423 sqft (39.3 sqm): a studio on the 10th floor of a 15-storey tower completed in 2025.
What is unit 1011 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 1011, ELEVATE by Prescott
Starts from the last sale price (AED 700K, 23 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →