2-bed · 1,233 sqftELEVATE by Prescott, Arjan · 12th floor · completed 2025

1207, ELEVATE by Prescott

Sold prices and rental history: sold twice, last in April 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 1207 · DLD and Ejari recordsUpdated 16 June 2026
Last soldAED 1.57M16 April 2026
Current rentAED 100K /yr16 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207, ELEVATE by Prescott

What is 1207 worth today?

Last sold for AED 1,570,000 in 2026

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16 Jun 2026RentedNew contract
AED 100,000/yr12 months · AED 81 per sqft
16 Apr 2026SoldReady
AED 1,570,000AED 1,273 per sqft
13 Jun 2023Sold by developerOff-plan
AED 1,300,000AED 1,051 per sqft

Source: Dubai Land Department. Updated 16 June 2026.

Key facts

Type
2-bed apartment
Size
1,233 sqft
Floor
12th of 15
Parking
G-07
Developer
Prescott Real Estate Development
Completed
2025
Last sold
AED 1.57M · April 2026

About 1207, ELEVATE by Prescott

1207 is a two-bedroom apartment of 1,233 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 16 April 2026 for AED 1,570,000, or AED 1,273 per sqft, 12% below the AED 1,444 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 June 2026. The current contract, signed on 16 June 2026, is AED 100,000 a year: a gross yield of 6.4% on the 2026 price.

Sales and rents for 1207 over time

Sales
Unit 1207, each saleTypical two-bed in ELEVATE by Prescott
1.25M1.5M1.75M20232024202520262027Typical 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, June 2023: AED 1,300,000 (AED 1,051 per sqft)Sold, April 2026: AED 1,570,000 (AED 1,273 per sqft)

1207 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 1207 sits

All 30 2-beds →

1207 last sold in April 2026 at AED 1,273 per sqft, 12% below 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. 1207's AED 100,000 is at the bottom 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 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
1206StudioAED 600K · Jan 2025
12081-bedAED 990K · Sep 2024
1–7 of 14

1207, ELEVATE by Prescott in numbers

  • Sold twice: first on 13 June 2023 for AED 1,300,000, last on 16 April 2026 for AED 1,570,000 (AED 1,273 per sqft).
  • Rented since June 2026 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2026 price is 6.4%.
  • 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 16 June 2026.

Questions about 1207, ELEVATE by Prescott

What did unit 1207 last sell for?

AED 1,570,000 on 16 April 2026: AED 1,273 per sqft for 1,233 sqft. The unit has 2 registered sales; the first was AED 1,300,000 in June 2023.

What is the rent for unit 1207?

AED 100,000 a year on the contract signed on 16 June 2026.

How big is unit 1207?

1,233 sqft (114.5 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2025.

What is unit 1207 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 1207, ELEVATE by Prescott

Starts from the last sale price (AED 1.57M, 16 April 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,570,000
Deposit, UAE resident (20%)
AED 314,000
Deposit, non-resident (40%)
AED 628,000
Monthly over 25 years at 3.7%
AED 6,423

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