Studio · 467 sqftELEVATE by Prescott, Arjan · 1st floor · completed 2025

106, ELEVATE by Prescott

Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 29 May 2026
Last soldAED 540K11 July 2023
Current rentAED 50K /yr29 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, ELEVATE by Prescott

What is 106 worth today?

Last sold for AED 540,000 in 2023

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29 May 2026RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
11 Jul 2023Sold by developerOff-plan
AED 540,000AED 1,155 per sqft

Source: Dubai Land Department. Updated 29 May 2026.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
1st of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 540K · July 2023

About 106, ELEVATE by Prescott

106 is a studio of 467 sqft on the 1st floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . The developer sold it on 11 July 2023 for AED 540,000, or AED 1,155 per sqft, 9% below the AED 1,275 studios in the building were fetching at the time.

One Ejari contract is registered, from 29 May 2026. The current contract, signed on 29 May 2026, is AED 50,000 a year: a gross yield of 9.3% on the 2023 price.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical studio in ELEVATE by Prescott
600K700K20232024202520262027Typical 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 540,000 (AED 1,155 per sqft)

106 has sold once; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 106 sits

All 118 studios →

106 last sold in July 2023 at AED 1,155 per sqft, 9% below what studios in ELEVATE by Prescott were fetching at the time (AED 1,275). 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. 106'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 1st floor

All 223 units in ELEVATE by Prescott
Value
1011-bedAED 895K · Jul 2023
1021-bedAED 1M · Jul 2024
1031-bedAED 935K · Mar 2025
104StudioAED 520K · Jun 2023
1052-bedAED 1.23M · Jul 2023
107StudioAED 525K · May 2023
108StudioAED 565K · Mar 2025
1–7 of 12

106, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 11 July 2023 for AED 540,000, or AED 1,155 per sqft.
  • Rented since May 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 9.3%.
  • 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 29 May 2026.

Questions about 106, ELEVATE by Prescott

What did unit 106 last sell for?

AED 540,000 on 11 July 2023, sold by the developer: AED 1,155 per sqft for 467 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 50,000 a year on the contract signed on 29 May 2026.

How big is unit 106?

467 sqft (43.4 sqm): a studio on the 1st floor of a 15-storey tower completed in 2025.

What is unit 106 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 106, ELEVATE by Prescott

Starts from the last sale price (AED 540K, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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