Studio · 422 sqftELEVATE by Prescott, Arjan · 1st floor · completed 2025

107, ELEVATE by Prescott

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

Unit 107 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 525K30 May 2023
Current rentAED 48K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, ELEVATE by Prescott

What is 107 worth today?

Last sold for AED 525,000 in 2023

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10 Jul 2026RentedNew contract
AED 48,000/yr12 months · AED 114 per sqft
30 May 2023Sold by developerOff-plan
AED 525,000AED 1,245 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
1st of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 525K · May 2023

About 107, ELEVATE by Prescott

107 is a studio of 422 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 30 May 2023 for AED 525,000, or AED 1,245 per sqft, in line with the AED 1,265 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2026. The current contract, signed on 10 July 2026, is AED 48,000 a year: a gross yield of 9.1% on the 2023 price.

Sales and rents for 107 over time

Sales
Unit 107, 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, May 2023: AED 525,000 (AED 1,245 per sqft)

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

Studios in ELEVATE by Prescott, and where 107 sits

All 118 studios →

107 last sold in May 2023 at AED 1,245 per sqft, in line with what studios in ELEVATE by Prescott were fetching at the time (AED 1,265). 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. 107's AED 48,000 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
106StudioAED 540K · Jul 2023
108StudioAED 565K · Mar 2025
1–7 of 12

107, ELEVATE by Prescott in numbers

  • Sold once: by Prescott Real Estate Development on 30 May 2023 for AED 525,000, or AED 1,245 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 9.1%.
  • 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 10 July 2026.

Questions about 107, ELEVATE by Prescott

What did unit 107 last sell for?

AED 525,000 on 30 May 2023, sold by the developer: AED 1,245 per sqft for 422 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 48,000 a year on the contract signed on 10 July 2026.

How big is unit 107?

422 sqft (39.2 sqm): a studio on the 1st floor of a 15-storey tower completed in 2025.

What is unit 107 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 107, ELEVATE by Prescott

Starts from the last sale price (AED 525K, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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