111, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in June 2023, 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 111, ELEVATE by Prescott
What is 111 worth today?
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Source: Dubai Land Department. Updated 24 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,559 sqft
- Floor
- 1st of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 1.55M · June 2023
- Building
- ELEVATE by Prescott
About 111, ELEVATE by Prescott
111 is a two-bedroom apartment of 1,559 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 7 June 2023 for AED 1,550,000, or AED 994 per sqft, 8% below the AED 1,084 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 24 May 2026. The current contract, signed on 24 May 2026, is AED 145,000 a year: a gross yield of 9.3% on the 2023 price.
Sales and rents for 111 over time
111 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in ELEVATE by Prescott, and where 111 sits
All 30 2-beds →111 last sold in June 2023 at AED 994 per sqft, 8% below what two-beds in ELEVATE by Prescott were fetching at the time (AED 1,084). Over the last 12 months two-beds sold for AED 1,300,000 to 2,000,000, around AED 1,473 per sqft, and rent for AED 100,000 to 145,000 a year. 111's AED 145,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,233 sqft | 1,660,000 | 1,346 | ||
| 19 Aug 202619 August 2026 | 1,233 sqft | 1,650,000 | 1,337 | ||
| 18 Aug 202618 August 2026 | 1,233 sqft | 1,700,000 | 1,378 | ||
| 4 Aug 20264 August 2026 | 1,221 sqft | 1,900,000 | 1,556 |
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 1st floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 873 sqft | AED 895KAED 895,000 · Jul 2023July 2023 | ||
| 102 | 1-bed | 869 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | ||
| 103 | 1-bed | 733 sqft | AED 935KAED 935,000 · Mar 2025March 2025 | ||
| 104 | Studio | 405 sqft | AED 520KAED 520,000 · Jun 2023June 2023 | ||
| 105 | 2-bed | 1,197 sqft | AED 1.23MAED 1,225,000 · Jul 2023July 2023 | ||
| 106 | Studio | 467 sqft | AED 540KAED 540,000 · Jul 2023July 2023 | 50,000 /yr | |
| 107 | Studio | 422 sqft | AED 525KAED 525,000 · May 2023May 2023 | 48,000 /yr | |
| 108 | Studio | 425 sqft | AED 565KAED 565,000 · Mar 2025March 2025 | ||
| 109 | Studio | 424 sqft | AED 605KAED 605,000 · Jun 2026June 2026 | 53,000 /yr | |
| 110 | Studio | 409 sqft | AED 520KAED 520,000 · Jul 2023July 2023 | ||
| 112 | 1-bed | 957 sqft | AED 930KAED 930,000 · Jul 2023July 2023 | 80,000 /yr | |
| 113 | 1-bed | 792 sqft | AED 930KAED 930,000 · Sep 2025September 2025 | 80,000 /yr |
111, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 7 June 2023 for AED 1,550,000, or AED 994 per sqft.
- Rented since May 2026 on one Ejari contract, at AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 9.3%.
- Two-beds in ELEVATE by Prescott sold for AED 1,300,000–2,000,000 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 24 May 2026.
Questions about 111, ELEVATE by Prescott
What did unit 111 last sell for?
AED 1,550,000 on 7 June 2023, sold by the developer: AED 994 per sqft for 1,559 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 145,000 a year on the contract signed on 24 May 2026.
How big is unit 111?
1,559 sqft (144.8 sqm): a two-bedroom apartment on the 1st floor of a 15-storey tower completed in 2025.
What is unit 111 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in ELEVATE by Prescott sold for AED 1,300,000 to 2,000,000 in the last 12 months, around AED 1,473 per sqft.
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Mortgage on 111, ELEVATE by Prescott
Starts from the last sale price (AED 1.55M, 7 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →