Studio · 405 sqftELEVATE by Prescott, Arjan · 12th floor · completed 2025

1206, ELEVATE by Prescott

Sold prices and rental history: sold 3 times, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 21 January 2025
Last soldAED 600K21 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, ELEVATE by Prescott

What is 1206 worth today?

Last sold for AED 600,000 in 2025

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21 Jan 2025SoldOff-plan
AED 600,000AED 1,482 per sqft
23 Sep 2024SoldOff-plan
AED 500,000AED 1,235 per sqft
13 Jul 2023Sold by developerOff-plan
AED 530,000AED 1,309 per sqft

Source: Dubai Land Department. Updated 21 January 2025.

Key facts

Type
Studio apartment
Size
405 sqft
Floor
12th of 15
Parking
1
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 600K · January 2025

About 1206, ELEVATE by Prescott

1206 is a studio of 405 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 21 January 2025 for AED 600,000, or AED 1,482 per sqft, 6% above the AED 1,395 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical studio in ELEVATE by Prescott
500K600K700K20232024202520262027Typical sale price by year: 2023 AED 540,000; 2024 AED 590,000; 2025 AED 645,000; 2026 AED 697,500Sold by developer, July 2023: AED 530,000 (AED 1,309 per sqft)Sold, September 2024: AED 500,000 (AED 1,235 per sqft)Sold, January 2025: AED 600,000 (AED 1,482 per sqft)

1206 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in ELEVATE by Prescott, and where 1206 sits

All 118 studios →

1206 last sold in January 2025 at AED 1,482 per sqft, 6% above what studios in ELEVATE by Prescott were fetching at the time (AED 1,395). 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.

Recent studio salesUnit no.Price (AED)Summary
3 Nov 2026742,000
2 Nov 2026650,000
9 Oct 2026670,000
8 Oct 2026700,000
18 studio 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 12th floor

All 223 units in ELEVATE by Prescott
Value
1201StudioAED 530K · Jul 2023
1202StudioAED 675K · Mar 2025
1203StudioAED 750K · Jun 2026
1204StudioAED 550K · Jul 2023
12051-bedAED 1.1M · Dec 2025
12072-bedAED 1.57M · Apr 2026
12081-bedAED 990K · Sep 2024
1–7 of 14

1206, ELEVATE by Prescott in numbers

  • Sold 3 times: first on 13 July 2023 for AED 530,000, last on 21 January 2025 for AED 600,000 (AED 1,482 per sqft).
  • 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 21 January 2025.

Questions about 1206, ELEVATE by Prescott

What did unit 1206 last sell for?

AED 600,000 on 21 January 2025: AED 1,482 per sqft for 405 sqft. The unit has 3 registered sales; the first was AED 530,000 in July 2023.

How big is unit 1206?

405 sqft (37.6 sqm): a studio on the 12th floor of a 15-storey tower completed in 2025.

What is unit 1206 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 1206, ELEVATE by Prescott

Starts from the last sale price (AED 600K, 21 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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