1111, ELEVATE by Prescott
Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1111, ELEVATE by Prescott
What is 1111 worth today?
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Source: Dubai Land Department. Updated 5 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 423 sqft
- Floor
- 11th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 545K · July 2023
- Building
- ELEVATE by Prescott
About 1111, ELEVATE by Prescott
1111 is a studio of 423 sqft on the 11th 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 545,000, or AED 1,287 per sqft, in line with the AED 1,275 studios in the building were fetching at the time.
One Ejari contract is registered, from 5 September 2026. The current contract, signed on 5 September 2026, is AED 50,000 a year: a gross yield of 9.2% on the 2023 price.
Sales and rents for 1111 over time
1111 has sold once; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 1111 sits
All 118 studios →1111 last sold in July 2023 at AED 1,287 per sqft, in line with 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. 1111's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 403 sqft | 742,000 | 1,840 | ||
| 2 Nov 20262 November 2026 | 405 sqft | 650,000 | 1,606 | ||
| 9 Oct 20269 October 2026 | 405 sqft | 670,000 | 1,655 | ||
| 8 Oct 20268 October 2026 | 425 sqft | 700,000 | 1,646 |
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 11th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 419 sqft | AED 750KAED 750,000 · Apr 2026April 2026 | ||
| 1102 | Studio | 416 sqft | AED 505KAED 504,900 · May 2023May 2023 | 53,000 /yr | |
| 1103 | Studio | 416 sqft | AED 515KAED 515,000 · May 2023May 2023 | 55,000 /yr | |
| 1104 | Studio | 414 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | 48,000 /yr | |
| 1105 | 1-bed | 737 sqft | AED 875KAED 875,000 · Jul 2023July 2023 | 80,000 /yr | |
| 1106 | Studio | 405 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 1107 | 2-bed | 1,236 sqft | AED 1.38MAED 1,375,000 · Jul 2023July 2023 | ||
| 1108 | 1-bed | 900 sqft | AED 1.2MAED 1,200,000 · Nov 2024November 2024 | 94,492 /yr | |
| 1109 | Studio | 425 sqft | AED 490KAED 490,000 · Jul 2023July 2023 | 50,000 /yr | |
| 1110 | Studio | 424 sqft | AED 545KAED 545,000 · Jul 2023July 2023 | 50,000 /yr | |
| 1112 | 2-bed | 1,221 sqft | AED 1.88MAED 1,880,000 · Mar 2026March 2026 | 127,000 /yr | |
| 1113 | 1-bed | 858 sqft | AED 835KAED 835,000 · Jul 2023July 2023 | ||
| 1114 | 1-bed | 878 sqft | AED 853KAED 853,100 · May 2023May 2023 | ||
| 1115 | 1-bed | 761 sqft | AED 1.2MAED 1,200,000 · Mar 2026March 2026 | 83,000 /yr |
1111, ELEVATE by Prescott in numbers
- Sold once: by Prescott Real Estate Development on 11 July 2023 for AED 545,000, or AED 1,287 per sqft.
- Rented since September 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 9.2%.
- 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 5 September 2026.
Questions about 1111, ELEVATE by Prescott
What did unit 1111 last sell for?
AED 545,000 on 11 July 2023, sold by the developer: AED 1,287 per sqft for 423 sqft. It is the only registered sale of the unit.
What is the rent for unit 1111?
AED 50,000 a year on the contract signed on 5 September 2026.
How big is unit 1111?
423 sqft (39.3 sqm): a studio on the 11th floor of a 15-storey tower completed in 2025.
What is unit 1111 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 1111, ELEVATE by Prescott
Starts from the last sale price (AED 545K, 11 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 545,000
- Deposit, UAE resident (20%)
- AED 109,000
- Deposit, non-resident (40%)
- AED 218,000
- Monthly over 25 years at 3.7%
- AED 2,230
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →