1-bed · 900 sqftELEVATE by Prescott, Arjan · 11th floor · completed 2025

1108, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in November 2024, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 27 March 2026
Last soldAED 1.2M21 November 2024
Current rentAED 94K /yr27 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, ELEVATE by Prescott

What is 1108 worth today?

Last sold for AED 1,200,000 in 2024

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27 Mar 2026RentedNew contract
AED 94,492/yr12 months · AED 105 per sqft
21 Nov 2024SoldOff-plan
AED 1,200,000AED 1,334 per sqft
26 Apr 2023Sold by developerOff-plan
AED 885,000AED 983 per sqft

Source: Dubai Land Department. Updated 27 March 2026.

Key facts

Type
1-bed apartment
Size
900 sqft
Floor
11th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 1.2M · November 2024

About 1108, ELEVATE by Prescott

1108 is a one-bedroom apartment of 900 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 21 November 2024 for AED 1,200,000, or AED 1,334 per sqft, 15% above the AED 1,158 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 March 2026. The current contract, signed on 27 March 2026, is AED 94,492 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in ELEVATE by Prescott
1M1.2M20232024202520262027Typical 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, April 2023: AED 885,000 (AED 983 per sqft)Sold, November 2024: AED 1,200,000 (AED 1,334 per sqft)

1108 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 1108 sits

All 75 1-beds →

1108 last sold in November 2024 at AED 1,334 per sqft, 15% above what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,158). 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. 1108's AED 94,492 is in the upper half of that range.

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 11th floor

All 223 units in ELEVATE by Prescott
Value
1101StudioAED 750K · Apr 2026
1102StudioAED 505K · May 2023
1103StudioAED 515K · May 2023
1104StudioAED 650K · Oct 2025
11051-bedAED 875K · Jul 2023
1106StudioAED 550K · Jul 2023
11072-bedAED 1.38M · Jul 2023
1–7 of 14

1108, ELEVATE by Prescott in numbers

  • Sold twice: first on 26 April 2023 for AED 885,000, last on 21 November 2024 for AED 1,200,000 (AED 1,334 per sqft).
  • Rented since March 2026 on one Ejari contract, at AED 94,492 a year.
  • At AED 94,492 a year the gross yield on the 2024 price is 7.9%.
  • 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 27 March 2026.

Questions about 1108, ELEVATE by Prescott

What did unit 1108 last sell for?

AED 1,200,000 on 21 November 2024: AED 1,334 per sqft for 900 sqft. The unit has 2 registered sales; the first was AED 885,000 in April 2023.

What is the rent for unit 1108?

AED 94,492 a year on the contract signed on 27 March 2026.

How big is unit 1108?

900 sqft (83.6 sqm): a one-bedroom apartment on the 11th floor of a 15-storey tower completed in 2025.

What is unit 1108 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 1108, ELEVATE by Prescott

Starts from the last sale price (AED 1.2M, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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