2-bed · 1,221 sqftELEVATE by Prescott, Arjan · 11th floor · completed 2025

1112, ELEVATE by Prescott

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

Unit 1112 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 1.88M30 March 2026
Current rentAED 127K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, ELEVATE by Prescott

What is 1112 worth today?

Last sold for AED 1,880,000 in 2026

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20 Jun 2026RentedNew contract
AED 127,000/yr12 months · AED 104 per sqft
30 Mar 2026SoldReady
AED 1,880,000AED 1,539 per sqft
26 Jul 2023Sold by developerOff-plan
AED 1,100,000AED 900 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
2-bed apartment
Size
1,221 sqft
Floor
11th of 15
Parking
G-04
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 1.88M · March 2026

About 1112, ELEVATE by Prescott

1112 is a two-bedroom apartment of 1,221 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 30 March 2026 for AED 1,880,000, or AED 1,539 per sqft, 7% above the AED 1,444 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 June 2026. The current contract, signed on 20 June 2026, is AED 127,000 a year: a gross yield of 6.8% on the 2026 price.

Sales and rents for 1112 over time

Sales
Unit 1112, each saleTypical two-bed in ELEVATE by Prescott
1M1.5M2M20232024202520262027Typical sale price by year: 2023 AED 1,312,250; 2024 AED 1,415,000; 2025 AED 1,580,000; 2026 AED 1,800,000Sold by developer, July 2023: AED 1,100,000 (AED 900 per sqft)Sold, March 2026: AED 1,880,000 (AED 1,539 per sqft)

1112 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in ELEVATE by Prescott, and where 1112 sits

All 30 2-beds →

1112 last sold in March 2026 at AED 1,539 per sqft, 7% above what two-beds in ELEVATE by Prescott were fetching at the time (AED 1,444). 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. 1112's AED 127,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,660,000
19 Aug 20261,650,000
18 Aug 20261,700,000
4 Aug 20261,900,000
11 2-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

1112, ELEVATE by Prescott in numbers

  • Sold twice: first on 26 July 2023 for AED 1,100,000, last on 30 March 2026 for AED 1,880,000 (AED 1,539 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 127,000 a year.
  • At AED 127,000 a year the gross yield on the 2026 price is 6.8%.
  • 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 20 June 2026.

Questions about 1112, ELEVATE by Prescott

What did unit 1112 last sell for?

AED 1,880,000 on 30 March 2026: AED 1,539 per sqft for 1,221 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in July 2023.

What is the rent for unit 1112?

AED 127,000 a year on the contract signed on 20 June 2026.

How big is unit 1112?

1,221 sqft (113.4 sqm): a two-bedroom apartment on the 11th floor of a 15-storey tower completed in 2025.

What is unit 1112 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 1112, ELEVATE by Prescott

Starts from the last sale price (AED 1.88M, 30 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,880,000
Deposit, UAE resident (20%)
AED 376,000
Deposit, non-resident (40%)
AED 752,000
Monthly over 25 years at 3.7%
AED 7,692

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