Studio · 414 sqftELEVATE by Prescott, Arjan · 11th floor · completed 2025

1104, ELEVATE by Prescott

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

Unit 1104 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 650K20 October 2025
Current rentAED 48K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, ELEVATE by Prescott

What is 1104 worth today?

Last sold for AED 650,000 in 2025

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28 Sep 2026RentedNew contract
AED 48,000/yr13 months · AED 114 per sqft
20 Oct 2025SoldOff-plan
AED 650,000AED 1,569 per sqft
24 Jul 2023Sold by developerOff-plan
AED 560,000AED 1,352 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
11th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 650K · October 2025

About 1104, ELEVATE by Prescott

1104 is a studio of 414 sqft on the 11th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 20 October 2025 for AED 650,000, or AED 1,569 per sqft, 5% above the AED 1,497 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 September 2026. The current contract, signed on 28 September 2026, is AED 48,000 a year: a gross yield of 7.4% on the 2025 price.

Sales and rents for 1104 over time

Sales
Unit 1104, 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 560,000 (AED 1,352 per sqft)Sold, October 2025: AED 650,000 (AED 1,569 per sqft)

1104 has sold twice; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1104 sits

All 118 studios →

1104 last sold in October 2025 at AED 1,569 per sqft, 5% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,497). 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. 1104'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 11th floor

All 223 units in ELEVATE by Prescott
Value
1101StudioAED 750K · Apr 2026
1102StudioAED 505K · May 2023
1103StudioAED 515K · May 2023
11051-bedAED 875K · Jul 2023
1106StudioAED 550K · Jul 2023
11072-bedAED 1.38M · Jul 2023
11081-bedAED 1.2M · Nov 2024
1–7 of 14

1104, ELEVATE by Prescott in numbers

  • Sold twice: first on 24 July 2023 for AED 560,000, last on 20 October 2025 for AED 650,000 (AED 1,569 per sqft).
  • Rented since September 2026 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 7.4%.
  • 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 28 September 2026.

Questions about 1104, ELEVATE by Prescott

What did unit 1104 last sell for?

AED 650,000 on 20 October 2025: AED 1,569 per sqft for 414 sqft. The unit has 2 registered sales; the first was AED 560,000 in July 2023.

What is the rent for unit 1104?

AED 48,000 a year on the contract signed on 28 September 2026.

How big is unit 1104?

414 sqft (38.5 sqm): a studio on the 11th floor of a 15-storey tower completed in 2025.

What is unit 1104 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 1104, ELEVATE by Prescott

Starts from the last sale price (AED 650K, 20 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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