1208, ELEVATE by Prescott
Sold prices and rental history: sold twice, last in September 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, ELEVATE by Prescott
What is 1208 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 900 sqft
- Floor
- 12th of 15
- Parking
- 1
- Developer
- Prescott Real Estate Development
- Completed
- 2025
- Last sold
- AED 990K · September 2024
- Building
- ELEVATE by Prescott
About 1208, ELEVATE by Prescott
1208 is a one-bedroom apartment of 900 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 25 September 2024 for AED 990,000, or AED 1,100 per sqft, 4% below the AED 1,145 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 October 2026. The current contract, signed on 25 October 2026, is AED 95,000 a year: a gross yield of 9.6% on the 2024 price.
Sales and rents for 1208 over time
1208 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in ELEVATE by Prescott, and where 1208 sits
All 75 1-beds →1208 last sold in September 2024 at AED 1,100 per sqft, 4% below what one-beds in ELEVATE by Prescott were fetching at the time (AED 1,145). Over the last 12 months one-beds sold for AED 850,000 to 1,320,000, around AED 1,490 per sqft, and rent for AED 70,000 to 95,000 a year. 1208's AED 95,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20262 October 2026 | 761 sqft | 1,200,000 | 1,577 | ||
| 19 Sep 202619 September 2026 | 906 sqft | 1,320,000 | 1,456 | ||
| 16 Sep 202616 September 2026 | 732 sqft | 1,125,000 | 1,537 | ||
| 10 Sep 202610 September 2026 | 732 sqft | 1,090,000 | 1,488 |
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 | |
| 1203 | Studio | 422 sqft | AED 750KAED 750,000 · Jun 2026June 2026 | 55,000 /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 | |
| 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 |
1208, ELEVATE by Prescott in numbers
- Sold twice: first on 18 July 2023 for AED 895,000, last on 25 September 2024 for AED 990,000 (AED 1,100 per sqft).
- Rented since October 2026 on one Ejari contract, at AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2024 price is 9.6%.
- One-beds in ELEVATE by Prescott sold for AED 850,000–1,320,000 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 25 October 2026.
Questions about 1208, ELEVATE by Prescott
What did unit 1208 last sell for?
AED 990,000 on 25 September 2024: AED 1,100 per sqft for 900 sqft. The unit has 2 registered sales; the first was AED 895,000 in July 2023.
What is the rent for unit 1208?
AED 95,000 a year on the contract signed on 25 October 2026.
How big is unit 1208?
900 sqft (83.6 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2025.
What is unit 1208 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in ELEVATE by Prescott sold for AED 850,000 to 1,320,000 in the last 12 months, around AED 1,490 per sqft.
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Mortgage on 1208, ELEVATE by Prescott
Starts from the last sale price (AED 990K, 25 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 990,000
- Deposit, UAE resident (20%)
- AED 198,000
- Deposit, non-resident (40%)
- AED 396,000
- Monthly over 25 years at 3.7%
- AED 4,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →