1203, ELEVATE by Prescott
Sold prices and rental history: sold 3 times, last in June 2026, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, ELEVATE by Prescott
What is 1203 worth today?
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Source: Dubai Land Department. Updated 30 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 422 sqft
- Floor
- 12th of 15
- Parking
- G-43
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 750K · June 2026
- Building
- ELEVATE by Prescott
About 1203, ELEVATE by Prescott
1203 is a studio of 422 sqft on the 12th floor of ELEVATE by Prescott, a 15-storey tower in Arjan completed in 2025 by Prescott Real Estate Development . It last sold on 3 June 2026 for AED 750,000, or AED 1,776 per sqft, 11% above the AED 1,600 studios in the building were fetching at the time.
One Ejari contract is registered, from 30 August 2026. The current contract, signed on 30 August 2026, is AED 55,000 a year: a gross yield of 7.3% on the 2026 price.
Sales and rents for 1203 over time
1203 has sold 3 times; the dashed line is the studio median of each year in the building.
Studios in ELEVATE by Prescott, and where 1203 sits
All 118 studios →1203 last sold in June 2026 at AED 1,776 per sqft, 11% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,600). 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. 1203's AED 55,000 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 12th floor
All 223 units in ELEVATE by Prescott| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 419 sqft | AED 530KAED 530,000 · Jul 2023July 2023 | 47,000 /yr | |
| 1202 | Studio | 416 sqft | AED 675KAED 675,000 · Mar 2025March 2025 | 48,000 /yr | |
| 1204 | Studio | 414 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 1205 | 1-bed | 737 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 82,000 /yr | |
| 1206 | Studio | 405 sqft | AED 600KAED 600,000 · Jan 2025January 2025 | ||
| 1207 | 2-bed | 1,233 sqft | AED 1.57MAED 1,570,000 · Apr 2026April 2026 | 100,000 /yr | |
| 1208 | 1-bed | 900 sqft | AED 990KAED 990,000 · Sep 2024September 2024 | 95,000 /yr | |
| 1209 | Studio | 425 sqft | AED 550KAED 550,000 · Jun 2023June 2023 | 55,000 /yr | |
| 1210 | Studio | 424 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | ||
| 1211 | Studio | 423 sqft | AED 620KAED 620,000 · Feb 2025February 2025 | 50,000 /yr | |
| 1212 | 2-bed | 1,222 sqft | AED 1.35MAED 1,350,000 · May 2023May 2023 | ||
| 1213 | 1-bed | 429 sqft | AED 895KAED 895,000 · Jun 2023June 2023 | ||
| 1214 | 1-bed | 878 sqft | AED 895KAED 895,000 · Jun 2023June 2023 | 78,000 /yr | |
| 1215 | 1-bed | 761 sqft | AED 890KAED 890,000 · Jul 2023July 2023 |
1203, ELEVATE by Prescott in numbers
- Sold 3 times: first on 11 July 2023 for AED 530,000, last on 3 June 2026 for AED 750,000 (AED 1,776 per sqft).
- Rented since August 2026 on one Ejari contract, at AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2026 price is 7.3%.
- 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 30 August 2026.
Questions about 1203, ELEVATE by Prescott
What did unit 1203 last sell for?
AED 750,000 on 3 June 2026: AED 1,776 per sqft for 422 sqft. The unit has 3 registered sales; the first was AED 530,000 in July 2023.
What is the rent for unit 1203?
AED 55,000 a year on the contract signed on 30 August 2026.
How big is unit 1203?
422 sqft (39.2 sqm): a studio on the 12th floor of a 15-storey tower completed in 2025.
What is unit 1203 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 1203, ELEVATE by Prescott
Starts from the last sale price (AED 750K, 3 June 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →